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.

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

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  

Ventura Habitat (2018)

Commercialisation of Ventura Habitat - a novel wind turbine blade maintenance enclosure tomaximize downtime productivity

Read More