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NegaWh EXchange

Balancing demand-response platform for an efficient, reasonably-priced and sustainable electricity market

Total Cost €


EC-Contrib. €






 NegaWh EXchange project word cloud

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

audit    591    excellent    generate    negawh    transforming    transparency    industry    wind    things    tool    assets    market    customers    integration    programmable    services    65    tecnalogic    profiling    optimization    budgets    green    difficulty    commercialisation    2013    roi    start    goals    digital    asset    sources    coming    bsps    raw    owned    points    scheduling    providers    balancing    transformation    poor    software    modules    platform    manages    exchange    dynamic    big    renewable    energy    performance    imbalance    artificial    benefits    revenue    service    pushing    embrace    share    employees    core    data    87m    pv    precisely    electric    players    intelligence    sept    action    edaas    storing    2025    time    difficult    solar    additionally    internet    directions    regulation    professionals    unable    81    valuable    setting    forecasts    intangible    prototype    italian    intermittent    40    tested    demand    procurement    2016    complexity    operators    grid    traceability    ict    seals    easier    supply    successfully    expense    digitization    successful    integrate    founded   

Project "NegaWh EXchange" data sheet

The following table provides information about the project.


Organization address
postcode: 20871
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 Italy [IT]
 Project website
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-08-01   to  2018-11-30


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TECNALOGIC SRL IT (VIMERCATE) coordinator 50˙000.00


 Project objective

Energy operators are unable to integrate the share of energy generated from the increasing intermittent renewable sources such as wind and solar-PV, due to the difficulty for storing energy in the grid. An effective way to solve that is to precisely assess demand and response in real-time; however, this is highly difficult due to the complexity involved in getting information in both directions, even more so due to the poor ICT integration in the energy grid. Additionally, new regulation is setting more audit and traceability requirements, particularly difficult in such a dynamic market of intangible assets. As a result, real-time action is required, fostering the concept of “Energy-Data-as-a-Service” (EDaaS) as a valuable asset for all players in energy industry. This is pushing strong changes in the sector to embrace digital transformation quickly (Internet of Things, Artificial Intelligence, Big Data). Tecnalogic is an Italian start-up founded in 2013, owned by highly experienced professionals in digital services for energy industry. NegaWh Exchange, its core product, is a software platform that manages all the raw data coming from the different points of the energy grid to solve electric imbalance by a process of digitization, transforming energy into a programmable asset (NegaWh). It is composed of 4 modules: Profiling, Scheduling, Balancing and Modelling. A prototype was successfully tested in Sept. 2016. Main benefits for customers (Balancing Service Providers, BSPs) are: Easier energy budgets, forecasts and reduction goals; Energy optimization (up to 40% energy expense reduction); Energy procurement & supply based on real-time data; Greater transparency around energy performance, an excellent tool to get green seals. For Tecnalogic, the successful commercialisation of NegaWh Exchange will generate €81.87M revenue and 65 new employees by 2025 (591% ROI).

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

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