Periodic Reporting for period 1 - W-THINK (Smart Energy Management and Strategic Decision Making Platform)
Reporting period: 2017-02-01 to 2017-07-31
Heating, Ventilation and Air Conditioning (HVAC) is responsible for around 40% of the energy consumption in industrial plants. Frequently, this is the largest energy consuming type of equipment and it therefore provides significant scope for saving energy and money.
While a proportion of the potential savings would be realised by the substitution of old and inefficient plant, an important share of those can be achieved by optimising the operation of existing plant, from energy generation systems to distribution and final delivery.
At Wattabit we have piloted W-THINK, an Intelligent Industrial Energy Management System (IEMS) that autonomously optimizes and reduces energy consumption used to meet HVAC and superheated water demands using state of the art Industrial Internet of Things (IIoT), Artificial Intelligence and machine learning algorithms. Other relevant characteristics of the software solution include the following:
• Hardware neutral, implemented as a software layer on top of the existing SCADA
• Cross-sectorial as it acts on horizontal loads (heat, coolth, HVAC and super-heated water)
• Constant learning and readjustment of algorithms for enhanced operation and related savings
• High energy savings with low investment
• High impact on primary energy consumption reduction and therefore cost
A result of a EU 7th Framework Programme funded research project, the system is currently installed in the major car manufacturing plant in Spain, with a yearly expenditure of over 400M€. The iIEMS manages 10% of the total loads in the plant, achieving savings of approximate 10% in cost. The system is integrated with the existing SCADA systems and provides feedback to the plant managers by means of dedicated screens in the plant’s control room (see Figure 1: W-THINK in operation in the control room).
The current product is categorized as a TRL 6, and through the current project Wattabit aim to bring the current technology to TRL 9. The specific objectives are as follows:
• To increase the analytical power of the system. Machine Learning capacity and prediction precision of W-THINK algorithms will be further improved (See section 3.1);
• To develop W-THINK as an off the shelf SaaS solution that can be easily and cost effectively installed and integrated with existing monitoring equipment in industrial sites. The solution will be developed according to the results obtained in the feasibility analysis of phase 1;
• Test W-THINK in at least 5 different industrial plants, including the automotive sector (agreement with SEAT), metallurgic/cement and data centres;
• Final validation of W-THINK by future potential customers. We also aim to validate the results achieved in 2015 in other industrial sites operating in different sectors
The main result of the present submission is a busniess plan for the explotation of the product to be brought to the market, with a promising outlook five years beyond project completion, and an expected exponential growth. Barriers to market penetration have been identified, and work is starting to mitigate their impact.