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DESSART

Dynamic Energy System Services to Achieve Renewable Targets

Total Cost €

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EC-Contrib. €

0

Partnership

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 DESSART project word cloud

Explore the words cloud of the DESSART project. It provides you a very rough idea of what is the project "DESSART" about.

27    carbon    commercialisation    facilities    additional    energie    small    successfully    stability    innovative    considerable    commercial    rapid    2020    security    location    powered    replication    niche    winds    irish    roll    managerial    ing    flywheel    operate    ideal    successful    provision    12    expertise    storage    fund    countries    financial    formula1    involvement    solar    motor    relatively    compound    forecast    acceleration    schwungrad    intermittent    synergising    technologies    expand    market    facility    realise    2012    worldwide    positive    racing    company    renewable       equity    time    proven    unpredictable    operator    opportunity    fp7    project    decoupled    ireland    rate    generators    resounding    interconnection    balancing    first    penetration    flywheels    services    there    maccsol    sources    weak    plans    batteries    expressed    investors    structure    payment    wind    annual    expanding    international    transitioning    electricity    generation    hybrid    billion    energy   

Project "DESSART" data sheet

The following table provides information about the project.

Coordinator
SCHWUNDGRAD ENERGIE LIMITED 

Organization address
address: 40 UPPER MOUNT STREET
city: Dublin 2
postcode: 0
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Ireland [IE]
 Project website http://schwungrad-energie.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-03-01   to  2015-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SCHWUNDGRAD ENERGIE LIMITED IE (Dublin 2) coordinator 50˙000.00

Map

 Project objective

There is a niche opportunity in the electricity market across Europe for the provision of additional system/balancing services, decoupled from electricity generation, resulting from the rise in renewable generation. The innovative and unique approach is the development of hybrid-powered flywheels, synergising two proven technologies, flywheels and batteries and application to the electricity system for the first time, to provide security and stability. Hybrid-powered flywheels are resounding success in Formula1 motor racing for rapid acceleration. Schwungrad Energie plans to exploit the concept to enhance system security and stability. The advanced energy storage technology market is forecast to expand at a Compound Annual Growth Rate of 12.3% to €27 billion between 2012 and 2020. European countries are aiming to achieve low carbon energy systems by transitioning to renewable sources, to realise their European targets. This requires a higher penetration of intermittent, unpredictable generators (wind/solar). In Ireland, with high winds and relatively weak interconnection, the System Operator has proposed a new payment structure for additional system/balancing services, expanding the market. This makes Ireland an ideal location for the first hybrid-powered flywheel facility before market replication throughout Europe and worldwide as renewable penetration increases in other countries.

Schwungrad Energie, an Irish company, was set up to successfully develop, operate and roll out facilities to provide system/balancing services in the electricity sector. The key personnel have expertise and experience in the technical, commercial, managerial and financial areas needed for project success and commercialisation within EU and beyond. Some have previous involvement with successful FP7 projects such as MACCSol. Discussion with a small number of potential key international equity investors are on-going and considerable positive interest has been expressed to fund the project

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The information about "DESSART" are provided by the European Opendata Portal: CORDIS opendata.

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