SMITH

Project "SMITH" data sheet

The following table provides information about the project.

 Partnership

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 Project objective

The aim of SMITH innovation project is to design, develop, test under real life conditions and commercialise a novel product consisting of a Smart and Interoperable Thermal Network for micro-industrial based on biomass sources. Unique Value Proposition of the product is based on: 1) provide industrial parks with the opportunity to reduce energy costs by promoting the cascade use and the highest efficient management of the heating infrastructure; 2) combine the centralised management of the system with an application for real time decision-making of the final users (including real time consumption, invoicing, decisions about the different temperature level options, head demand planning, etc); 3) clearly foresee and plan before every product deployment the needed investment and infrastructure in order to assess the technical feasibility and profitability for both the consortium & customers; 4) design financial schemes based on energy service contracting that will avoid the industries to make investments for the new infrastructures; and, 5) reduce GHG emissions by using renewable energies in industrial networks, most of them located close to urban areas. The SMITH strength vs natural gas source are: stable and lower price, better efficiency, more sustainable and flexible, high adaptation capacity to match consumption peaks vs users’ demand, better energy and temperatures management, high control of industrial process, and stop and go more resourceful. The Feasibility Study will be focus on: a) assess the EU market needs in relation to the concrete product; b) select the countries with the best conditions to start the commercialisation of the product, and draft the business strategy for each country; c) profiling of customers in the target countries; d) obtain a direct feedback from consumers through a product concept testing; and, e) set all the critical variables needed for the go-to-market decision, the business plan and for the customer validation in Phase 2.