CORDIS
EU research results

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STORY- Added value of STORage in distribution sYstems

Project information

Grant agreement ID: 646426

Status

Ongoing project

  • Start date

    1 May 2015

  • End date

    31 October 2020

Funded under:

H2020-EU.3.3.

  • Overall budget:

    € 14 812 623,76

  • EU contribution

    € 12 484 339

Coordinated by:

Teknologian tutkimuskeskus VTT Oy

Finland

Objective

The main objective of STORY is to show the added value storage can bring for a flexible, secure and sustainable energy system. This will be achieved by showing the inter-relations between technologies and stakeholders as well as the potential and impact of policy and regulation.

The future European grid has to serve a diverse and mixed landscape of users in a situation of mixed rules and responsibilities depending on the policy and regulatory choices that will be made. Challenges include high penetration of renewables, bi-directional flows of different energy vectors, growing number of users and requirements for higher security. The European commission wants to strengthen the position of the EU energy industry, including those players active in producing solutions for security of supply, increased share of renewables and grid stability. The advances in ICT technology, intelligent control algorithms, inverter and storage technologies provide strong tools to cope with these challenges.
Given this context, STORY focuses on providing relevant and wide-covering demonstrations that serve as input for a thorough and transparent analysis on what the impact of storage can be for the involved stakeholders. Storage is considered as a means, while not neglecting other competing technologies that could provide a similar or complementary functionality.
The actions that the 18 members from 9 European countries in STORY consortium are going to take in a 5-year project bring a valuable contribution to turn these challenges into opportunities. They will not only develop the most viable storage and ICT solutions for the demonstration sites, but they will also analyse the impact of large penetration of the technologies through simulations, analyse the effect of policies and regulations to the business opportunities of storage related industry and communicate the findings to wider community through systematic strategies for impact creation.

Coordinator

Teknologian tutkimuskeskus VTT Oy

Address

Vuorimiehentie 3
02150 Espoo

Finland

Activity type

Research Organisations

EU Contribution

€ 2 541 927,10

Participants (19)

TH!NK E

Belgium

EU Contribution

€ 1 033 823,97

VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK N.V.

Belgium

EU Contribution

€ 714 270,05

VLERICK BUSINESS SCHOOL

Belgium

EU Contribution

€ 824 996

BASEN OY

Finland

EU Contribution

€ 436 545,38

UNIVERZA V LJUBLJANI

Slovenia

EU Contribution

€ 712 906,25

BENEENS JOZEF EN ZONEN BVBA

Belgium

EU Contribution

€ 689 319,75

ELEKTRO GORENJSKA PODJETJE ZA DISTRIBUCIJO ELEKTRICNE ENERGIJE DD

Slovenia

EU Contribution

€ 296 597

VIESSMANN-BELGIUM

Belgium

EU Contribution

€ 55 860,40

HAWKER GMBH

Germany

EU Contribution

€ 430 500

B9 ENERGY STORAGE LTD

United Kingdom

EU Contribution

€ 482 626,73

LOPTA FILM GMBH

Germany

EU Contribution

€ 192 952

JOANNEUM RESEARCH FORSCHUNGSGESELLSCHAFT MBH

Austria

EU Contribution

€ 730 558,75

ACTILITY SAS

France

EU Contribution

€ 656 910,95

PROSPEX INSTITUTE

Belgium

EU Contribution

€ 542 371,25

FUNDACION CENER

Spain

EU Contribution

€ 428 592,25

EXPOSICION Y CONSERVACION DE ALIMENTOS Sa

Spain

EU Contribution

€ 347 378,50

UC LEUVEN

Belgium

EU Contribution

€ 556 053,63

ABB OF ASEA BROWN BOVERI

Belgium

EU Contribution

€ 794 475,14

FLEXCITY

France

EU Contribution

€ 15 673,90

Project information

Grant agreement ID: 646426

Status

Ongoing project

  • Start date

    1 May 2015

  • End date

    31 October 2020

Funded under:

H2020-EU.3.3.

  • Overall budget:

    € 14 812 623,76

  • EU contribution

    € 12 484 339

Coordinated by:

Teknologian tutkimuskeskus VTT Oy

Finland