Intelligent SME energy management and trading with ancillary services
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Intelligent SME energy management and trading with ancillary services
CoPED ID
8146692d-76c8-45e1-8adf-7132a2efc918
Status
Closed
Funders
Value
£1,562,514
Start Date
Jan. 1, 2015
End Date
Dec. 31, 2016
Description
This project will deliver a novel low cost intelligent building energy control system integrated with a peer-to-peer energy market that will enable small to medium enterprises to control and automate energy production and consumption while participating in a localised energy market.
This project will also facilitate new sectors of the economy to participate in demand response and time of use electricity pricing programmes. The project aims to create a pilot programme for 1 year where successful operation will optimise energy system efficiency and ensure that clients are paid for what they generate, only pay for what they use, reduce energy bills and are offered a new way to earn money by taking an active part in managing supply and demand.
| Kiwi Power Ltd | LEAD_ORG |
| University of Oxford | PARTICIPANT_ORG |
| University of Southampton | PARTICIPANT_ORG |
| Swanbarton Limited | PARTICIPANT_ORG |
| Kiwi Power Ltd | PARTICIPANT_ORG |
| Stamatis Kasmas | PM_PER |
Subjects by relevance
- Energy efficiency
- Markets (systems)
- Small and medium-sized enterprises
- Enterprises
- Projects
- Demand
- Optimisation
- Energy control
- Energy production (process industry)
- Pricing
- Marketing
- Electricity
- Energy
- Energy consumption (energy technology)
- Small enterprises
- Energy market
Extracted key phrases
- Novel low cost intelligent building energy control system
- Intelligent SME energy management
- Peer energy market
- Energy system efficiency
- Localised energy market
- Energy production
- Energy bill
- Ancillary service
- Project
- Electricity pricing programme
- New sector
- Pilot programme
- New way
- Medium enterprise