Title
Tenant Electricity Exchange (TEE)

CoPED ID
08b3773a-d9d4-4eb3-82dd-3c31e96d0bd0

Status
Closed


Value
£242,382

Start Date
Feb. 1, 2018

End Date
April 29, 2019

Description

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Green Running and Powervault are both fast growing SMEs at the forefront of energy sector innovation, with respective expertise in machine learning based electricity disaggregation and small scale battery storage. For both companies, key customer segments and early adopters include social landlords, community energy groups and local authorities, for whom standard B2C offerings are ill-suited with respect to issues such as tenant fairness. More broadly, despite clear and consistent public approval ratings for renewable energy technologies, only ~5% of the UK population have direct access to these carbon free sources of electricity. This 12 month feasibility study will establish the technical and commercial potential to use innovations in distributed ledger technology to facilitate increased and shared access to low carbon energy sources, and optimum business models for implementing such technologies.

Green Running Limited LEAD_ORG
Powervault Ltd PARTICIPANT_ORG
Green Running Limited PARTICIPANT_ORG

Subjects by relevance
  1. Renewable energy sources
  2. Innovations
  3. Machine learning
  4. Enterprises
  5. Energy production (process industry)
  6. Energy policy
  7. Energy technology
  8. Expertise
  9. Small and medium-sized enterprises
  10. Energy

Extracted key phrases
  1. Tenant Electricity Exchange
  2. Green Running
  3. Low carbon energy source
  4. Energy sector innovation
  5. Renewable energy technology
  6. Community energy group
  7. Small scale battery storage
  8. TEE
  9. Powervault
  10. Carbon free source
  11. Consistent public approval rating
  12. Key customer segment
  13. Standard b2c offering
  14. Electricity disaggregation
  15. Ledger technology

Related Pages

UKRI project entry

UK Project Locations