Objective
The challenges of modernizing the electricity grids in Europe lie in enabling an increased flexibility of the European power system and enabling an active participation of users and new market actors. Demand response enables end users to participate actively in energy markets and profit from optimal price conditions, making the grid (heat, cold, electricity) more efficient and contributing to the integration of renewable energy sources. At the same time the Energy Efficiency Directive adopted in 2012 contains provisions to encourage market actors to facilitate demand response.
Our product – Intelligent Trading Interface (ITI) is designed to speed up adoption of Demand Side Management (DSM) systems. ITI is an interface between Virtual Power Plant (VPP) Control Centre and prosumer’s Energy Management System (EMS). It is a building block of a modular VPP system, thus enabling the participation of new technology players for making an optimal VPP solution and bring more competition and innovation on the VPP market. With reduced initial investment needed, end users (prosumers) are more likely to participate in Demand Response Management (DRM) programs, at the same time achieveing the savings estimated at 5-10 % of the total electricity costs.
Existing and evolving VPP suppliers are considered customers, rather than competition. By addressing several additional business cases (aggregators, OEM for EMS suppliers, transmission and distribution system operators), we increase market potential for ITI.
Designed, using knowledge and expertise, gained from development and demonstration of INEA's complete VPP product, ITI contains state-of-the art technologies and concepts for VPPs of the future. Open Top and Open Bottom functionalities make ITI compatible with wide range of existing and evolving VPP and EMS solutions.
During Phase 1 we plan to assess defined use and market cases and specify additional functional and technological requirements for ITI exploitation.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
1000 Ljubljana
Slovenia
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.