EFICONSUMPTION | Innovative System for Electrical Energy Efficiency in industrial plants

Summary
The general objective of EFICONSUMPTION will be focused on the development and further commercialization of an innovative system able to reduce the electricity consumption in industries in a percentage up to 40%, related in terms of unitary energy cost, by means of an optimal measurement, monitoring, smart modeling, remote control and horizontal scalable management of industrial plant production and service processes.

The new solution will be a combination of a specific device able to measure the main electricity parameters at any place, and an expert system, which will receive the real time data and will be able to establish efficient consumption patterns to effectively reduce the electricity consumption. This reduction will also contribute to reduce carbon footprint and emissions.

EFICONSUMPTION has the following specific objectives to be accomplished in this first stage:
- To develop a business and exploitation plan adjusted to the technical and commercial features of the project, including the assessment of the cost-effectiveness and exploitation potential of the envisaged solution.
- To tackle the main bottlenecks and barriers for the full commercialization of the innovative technologies, mainly related to legislative and regulatory aspects in each country.
- To widely disseminate project outcomes to stakeholders and end-users, strengthening synergies with other initiatives and platforms to reach the maximum impact.
- To analyse the market and business strategies in the sector in order to find the best combination of external agents and international entities to develop cooperation strategies for market exploitation and further products commercialization.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/650880
Start date: 01-10-2014
End date: 28-02-2015
Total budget - Public funding: 71 429,00 Euro - 50 000,00 Euro
Cordis data

Original description

The general objective of EFICONSUMPTION will be focused on the development and further commercialization of an innovative system able to reduce the electricity consumption in industries in a percentage up to 40%, related in terms of unitary energy cost, by means of an optimal measurement, monitoring, smart modeling, remote control and horizontal scalable management of industrial plant production and service processes.

The new solution will be a combination of a specific device able to measure the main electricity parameters at any place, and an expert system, which will receive the real time data and will be able to establish efficient consumption patterns to effectively reduce the electricity consumption. This reduction will also contribute to reduce carbon footprint and emissions.

EFICONSUMPTION has the following specific objectives to be accomplished in this first stage:
- To develop a business and exploitation plan adjusted to the technical and commercial features of the project, including the assessment of the cost-effectiveness and exploitation potential of the envisaged solution.
- To tackle the main bottlenecks and barriers for the full commercialization of the innovative technologies, mainly related to legislative and regulatory aspects in each country.
- To widely disseminate project outcomes to stakeholders and end-users, strengthening synergies with other initiatives and platforms to reach the maximum impact.
- To analyse the market and business strategies in the sector in order to find the best combination of external agents and international entities to develop cooperation strategies for market exploitation and further products commercialization.

Status

CLOSED

Call topic

SIE-01-2014-1

Update Date

27-10-2022
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Horizon 2020
H2020-EU.2. INDUSTRIAL LEADERSHIP
H2020-EU.2.3. INDUSTRIAL LEADERSHIP - Innovation In SMEs
H2020-EU.2.3.1. Mainstreaming SME support, especially through a dedicated instrument
H2020-SMEINST-1-2014
SIE-01-2014-1 Stimulating the innovation potential of SMEs for a low carbon energy system
H2020-EU.3. SOCIETAL CHALLENGES
H2020-EU.3.3. SOCIETAL CHALLENGES - Secure, clean and efficient energy
H2020-EU.3.3.0. Cross-cutting call topics
H2020-SMEINST-1-2014
SIE-01-2014-1 Stimulating the innovation potential of SMEs for a low carbon energy system