Projects
Projects: Projects for Investigator |
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| Reference Number | InnUK/102230/01 | |
| Title | The Global Electricity Revolution for Consumers | |
| Status | Completed | |
| Energy Categories | Other Cross-Cutting Technologies or Research(Energy system analysis) 20%; Other Power and Storage Technologies(Electricity transmission and distribution) 80%; |
|
| Research Types | Applied Research and Development 100% | |
| Science and Technology Fields | SOCIAL SCIENCES (Business and Management Studies) 25%; ENGINEERING AND TECHNOLOGY (Electrical and Electronic Engineering) 75%; |
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| UKERC Cross Cutting Characterisation | Not Cross-cutting 40%; Sociological economical and environmental impact of energy (Consumer attitudes and behaviour) 20%; Sociological economical and environmental impact of energy (Technology acceptance) 20%; Sociological economical and environmental impact of energy (Other sociological economical and environmental impact of energy) 20%; |
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| Principal Investigator |
Project Contact No email address given Tempus Energy Limited |
|
| Award Type | Collaborative Research & Development | |
| Funding Source | Innovate-UK | |
| Start Date | 01 May 2015 | |
| End Date | 30 April 2017 | |
| Duration | 24 months | |
| Total Grant Value | £683,560 | |
| Industrial Sectors | ||
| Region | South East | |
| Programme | Competition Call: 1405_CRD_ENE_GEN_ENCATESR1 - Not Available. Activity Energy Catalyst Rnd 1 Late Stage | |
| Investigators | Principal Investigator | Project Contact , Tempus Energy Limited (43.522%) |
| Other Investigator | Project Contact , Sustainability First (7.290%) Project Contact , Viriya Energy Ltd (5.149%) Project Contact , One Sight Solutions Limited (22.017%) Project Contact , Wireless Energy Management Systems International Limited (22.022%) |
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| Web Site | ||
| Objectives | ||
| Abstract | Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas. | |
| Publications | (none) |
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| Final Report | (none) |
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| Added to Database | 04/12/15 | |
