Title
CoPED ID
Status
Value
Start Date
End Date
Description
"Smartgrids have not been deployed at scale due to the lack of 1) open architecture IoT systems linking generation and demand 2) stable markets for storage and demand shifting and quantifiable service revenue streams 3) local leadership in the deployment of smart grids enabling demand assurance and multi-vector approaches (IET2018, ADE 2018).Smarthubs SLES will tackle these innovation challenges via a large scale demonstrator.
This demonstrator deploys hybrid systems across heat, power & transport connected via interoperable IoT layers that functions as a highly heterogeneous Virtual Private Network (VPP). The consortium is targeting a 30% reduction in future SLES deployment costs across the portfolio of technologies and business model innovations. The outputs of this demonstrator will lower provide evidence for the maintenance, operation and revenue profiles for these technologies and lead to SLES becoming self-fundable by the early 2020s."
| CONNECTED ENERGY LTD | LEAD_ORG |
| NEWCASTLE UNIVERSITY | PARTICIPANT_ORG |
| WEST SUSSEX COUNTY COUNCIL | PARTICIPANT_ORG |
| MOIXA TECHNOLOGY LIMITED | PARTICIPANT_ORG |
| ICAX LIMITED | PARTICIPANT_ORG |
| CONNECTED ENERGY LTD | PARTICIPANT_ORG |
| PASSIV UK LTD | PARTICIPANT_ORG |
| ITM POWER (TRADING) LIMITED | PARTICIPANT_ORG |
| NEWCASTLE UNIVERSITY | PARTICIPANT_ORG |
| HONDA MOTOR EUROPE LIMITED | PARTICIPANT_ORG |
| Robert McKeon | PM_PER |
Subjects by relevance
- Innovations
- Services
- Enterprises
- Internet of things
- Smart grids
- Markets (systems)
Extracted key phrases
- Smarthubs SLES
- Future SLES deployment cost
- Large scale demonstrator
- Open architecture iot system
- Quantifiable service revenue stream
- Demand assurance
- Hybrid system
- Business model innovation
- Heterogeneous Virtual Private Network
- Quot;smartgrid
- Revenue profile
- Innovation challenge
- Stable market
- Local leadership
- Technology