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STORELIO

AN EFFICIENT RENEWABLE ENERGY STORAGE SYSTEM FOR A SUSTAINABLE RESIDENTIAL USE

Total Cost €

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EC-Contrib. €

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Partnership

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Project "STORELIO" data sheet

The following table provides information about the project.

Coordinator
EASYLI 

Organization address
address: 8 RUE DES FRERES MONTGOLFIER
city: CHATELLERAULT
postcode: 86100
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 France [FR]
 Project website http://www.storelio.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.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-05-01   to  2016-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    EASYLI FR (CHATELLERAULT) coordinator 50˙000.00

Map

 Project objective

Currently, worldwide societies demand more efficient, green and cost effective energy systems, as well as other countries demand off-grid electricity supply (Africa, South-America & some Asian countries). Besides, the EU has imposed strict goals on emissions and energy consumption until 2020, and prices of electricity are always increasing prejudicing European families. The forecast for the energy storage market is $ 8 billion globally by 2026 presenting a very attractive forecast for the commercialization of STORELIO. STORELIO is an innovative system based on the electronic integration of various functions, presenting these main advantages: 1) Supply 100% energy from the sun. 2) The user will recover the investment in 4 years. Also Energy storage as a Service (ESaaS) is offered. 3) STORELIO can work off-grid. 4) Has a lifecycle of 20 years and does not require O&M expenditures. 5) Can be managed remotely. 6) European families can save a 95% compared to the current electric system bills. 7) Bidirectional communication with Smart home and Smart grid environments to optimize the energy consumption. The target market is the residential sector of European countries, where solar energy is already well developed or where regulations will favor domestic energy storage. Another target countries are the African ones with an especial goal placed on the off-grid possibility. STORELIO creator is EasyLi, a French company expert in battery systems. The objectives to guarantee the technical and commercial viability of STORELIO are: develop a technical viability plan, a commercialization plan and freedom to operate analysis and a financial feasibility study.The Return of Investment is 2.2 by 2022 and the payback will be produced in 2021.

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

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