Opendata, web and dolomites

verv

verv: advanced home electricity analytics

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 verv project word cloud

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

tools    follow    sources    networks    hz    electricity    2009    2014    itemised    power    boost    risk    sme    generation    ip    continental    household    updating    centrica    operation    subject    electrical    market    generates    iappliance    algorithms    forecast    creation    generate    machine    domestic    supporting    proposition    extend    customer    cutting    solution    valuable    annual    consumption    projections    2020    innovation    gt    seek    contribution    ebit    refinement    active    founded    pan    verv    profile    artificial    tco2    environmental    first    customers    2022    services    validate    metrics    suggest    commercial    generating    edge    positions    began    7m    industrial    retailers    patented    000tco2    decarbonisation    trial    launch    time    strategy    quality    uk    analytics    outputs    fast    accelerate    skilled    200    energy    running    learning    customise    6m    feasibility    portfolio    applies    markets    jobs    38    intelligence    engagement    acquisitions    multiple    map    storage    data    road    drivers    revenues    green    detect    23   

Project "verv" data sheet

The following table provides information about the project.

Coordinator
GREEN RUNNING LIMITED 

Organization address
address: CARPENTER HOUSE INNOVATION CENTRE BROAD QUAY
city: BATH
postcode: BA1 1UD
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 United Kingdom [UK]
 Project website https://www.greenrunning.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 2017
 Duration (year-month-day) from 2017-08-01   to  2017-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GREEN RUNNING LIMITED UK (BATH) coordinator 50˙000.00

Map

 Project objective

Founded in 2009, Green Running are a fast growth EU SME working with a range of key electricity sector partners (Centrica, UK Power Networks). Having already established a portfolio of commercial and industrial sector electricity analytics tools, in 2014 Green Running began development of a domestic solution -verv.

Verv applies patented machine learning algorithms to detect and profile all sources of electrical activity (generation, storage and consumption) active on a household's electrical system. Generating real time, itemised (iappliance level), usage data across metrics such as energy (kWh), cost (€), environmental impact (tCO2) and power quality (Hz) - verv generates valuable outputs for electricity retailers to customise/extend their services.

With continental Europe subject to many of the same drivers, and several of Green Running's target customers (electricity retailers) active in multiple EU markets, Green Running now seek a H2020 Phase 1 feasibility study to validate verv's pan-European commercial and technical potential. A 5 month project including market study, proposition refinement, partner engagement, IP strategy management, technology road map updating for multi-market operation and risk management will provide Green Running with the comprehensive knowledge, and partners it requires to first undertake a follow on multi-market field trial, and then launch verv in non-UK markets by 2020. Current projections suggest doing so can boost verv's customer acquisitions by 200%, generate annual revenues of >€6m by 2022 and an operating EBIT of €1.7m supporting creation of 38 new jobs, 23 of which will be high skilled positions at Green Running. >30,000tCO2 are also forecast to be avoided, making a valuable contribution to EU decarbonisation.

This Phase 1 study will accelerate and extend the growth of a high potential EU SME, allowing it to establish Europe's presence in the cutting edge innovation fields of artificial intelligence, and data analytics.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "VERV" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

More projects from the same programme (H2020-EU.3.3.;H2020-EU.2.1.1.;H2020-EU.2.3.1.)

Horizon (2018)

Cableway based Photovoltaic Retractable Folding Roof for Dual Usage of Spaces

Read More  

SEGE (2017)

Small Efficient Gas Engine

Read More  

WTSS (2017)

Wind Turbine Support Structure

Read More