Title
Urban Virtual Energy Exchange (U-VEX)

CoPED ID
8e955d31-c9de-4f8e-b0cc-84b4b7a12ac3

Status
Closed


Value
£199,000

Start Date
June 30, 2012

End Date
Dec. 31, 2012

Description

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The study, to be undertaken by a consortium of Clicks and Links Ltd, Ove Arup and Partners and the University of Manchester, along with a range of knowledge partners from Greater Manchester will look at the feasibility of creating a model of an Urban Virtual Energy Exchange (U-VEX ).This model will be used as the basis for both scenario/business planning and operational tools for an Urban Energy Enterprise. Such an enterprise would include access to and management of energy flows between local energy generation, local energy storage and demand participation assets as well as the ability to trade with external energy sources. The study will investigate the technical, legal, commercial, operational and institutional elements of such a model using Greater Manchester as a reference. The output of the study will be a series of reports detailing the feasibility or not of such a model, including prototypes of how it might work practically and a business plan for its development.

Pixelmill Ltd LEAD_ORG
Ove Arup & Partners Limited PARTICIPANT_ORG
Pixelmill Ltd PARTICIPANT_ORG
The Victoria University of Manchester PARTICIPANT_ORG

Vin Sumner PM_PER
Vin Sumner PM_PER

Subjects by relevance
  1. Enterprises
  2. Energy
  3. Urban design
  4. Renewable energy sources
  5. Operations models

Extracted key phrases
  1. Urban Virtual Energy Exchange
  2. Urban Energy Enterprise
  3. Local energy generation
  4. Local energy storage
  5. External energy source
  6. Model
  7. Greater Manchester
  8. Study
  9. Operational tool
  10. Business planning
  11. Links Ltd
  12. Ove Arup
  13. Feasibility
  14. VEX
  15. Knowledge partner

Related Pages

UKRI project entry

UK Project Locations