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Intelligent SME energy management and trading with ancillary services

Reference Number
InnUK/101993/01
Title
Intelligent SME energy management and trading with ancillary services
Status
Completed
Energy Categories
Energy Efficiency(Residential and commercial)
Other Cross-Cutting Technologies or Research(Environmental, social and economic impacts)
Research Types
Applied Research and Development
Final stage Development and Demonstration
Science and Technology Fields
SOCIAL SCIENCES (Economics and Econometrics)
PHYSICAL SCIENCES AND MATHEMATICS (Applied Mathematics)
ENGINEERING AND TECHNOLOGY (Electrical and Electronic Engineering)
ENGINEERING AND TECHNOLOGY (Architecture and the Built Environment)
UKERC Cross Cutting Characterisation
Not Cross-cutting
Sociological economical and environmental impact of energy (Technology acceptance)
Sociological economical and environmental impact of energy (Other sociological economical and environmental impact of energy)
Principal Investigator
Project Contact
Kiwi Power Limited
Award Type
Collaborative Research & Development
Funding Source
Innovate UK
Start Date
01 January 2015
End Date
31 December 2016
Duration
24 months
Total Grant Value
£781,257
Industrial Sectors
Region
London
Programme
Competition Call: 1401_CRD_SUST_LES - Localised energy systems. Activity Localised energy systems- a cross-sector approach
Investigators
Principal Investigator
Project Contact, Kiwi Power Limited
Other Investigator
Project Contact, Swanbarton Limited
Industrial Collaborator
Project Contact, University of Southampton
Web Site
Objectives
Abstract
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.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.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.
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Added to Database
06/10/15