Opendata, web and dolomites
  1. home
  2. trasparenza
  3. open h2020
  4. algo-grid

Algo-Grid

Platform for Operations and Maintenance Management of Power Smart Grids based on advanced algorithms and artificial intelligence

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0
 Outcomes and results

 Algo-Grid project word cloud

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

sustainable    eu28    opportunity    resilience    business    reliability    deriving    convergent    platform    63m    25    safety    incorporate    ict    models    phm    fundamental    deploy    proposes    total    environmental    infrastructure    renewable    operations    03m    algorithms    diffusion    solutions    aramis    beside    demand    smart    italy    preliminary    meeting    create    storage    asset    configurations    efficient    78b    sources    power    ageing    health    accelerating    estimation    goals    grid    technologies    designed    algo    mm    cumulative    2012    performance    deploying    techniques    policy    series    resilient    di    losses    deployment    maintenance    concurrently    linked    politecnico    vehicles    investement    2024    transmission    prognostics    india    rule    generation    components    secure    founded    2020    china    jobs    return    grids    mission    revenue    usa    optimization    profits    electric    electricity    sales    28    prediction    peak    direct    networks    milano    phd    group    industrial    flow    yields    carbon    energy    logic    predict    roi    milan    simulators    fact    computing    markets    time    optimal   

Project "Algo-Grid" data sheet

The following table provides information about the project.

Coordinator		 ARAMIS SRL 

Organization address
address: VIA PERGOLESI 5
city: MILANO (MI)
postcode: 20124
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 http://aramis3d.com/
 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 2019
 Duration (year-month-day) from 2019-02-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ARAMIS SRL IT (MILANO (MI)) coordinator 50˙000.00

Map

 Project objective

The deployment of smart grids is crucial for achieving a more secure and sustainable energy future. In fact, beside addressing current concerns with existing electricity systems (e.g., ageing infrastructure and increasing peak demand), smart grids are fundamental for the diffusion of low-carbon technologies, including electric vehicles and variable Renewable Energy Sources.

Significant revenue losses are still experienced in the existing power networks, but the convergent advances in computing and ICT, the accelerating deployment of renewable generation and storage technologies offer new opportunities for advanced Operations and Maintenance Management (O&MM) to ensure more reliable, efficient and resilient power electric grids meeting environmental performance goals.

Then, ARAMIS proposes the present Algo-Grid project, for deploying a platform for O&MM of power grids.

ARAMIS was founded in 2012 in Milan, Italy, by a group of (PhD) researchers of the Politecnico di Milano. The mission of ARAMIS is to develop and deploy methods, models, techniques and algorithms for the analysis and optimization of industrial components and systems, particularly, in terms of safety, reliability, maintenance, resilience, asset management, etc.

Algo-Grid is based on specifically designed Prognostics and Health Management (PHM) solutions, time series prediction algorithms, energy flow simulators and optimization algorithms, which can provide real-time optimal configurations of smart grids (generation, transmission and distribution), predict and assess infrastructure health condition, incorporate policy-based rule logic.

A preliminary estimation yields a Return On Investement (ROI) of 4,63M€ for the years 2020-2024. Cumulative profits in 2024 deriving from direct sales in EU28 and target markets (including India, China and the USA) will total more than 9,03M€, exploiting a 25,78B€ business opportunity.

Concurrently, ARAMIS will create 28 new jobs directly linked to Algo-Grid

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "ALGO-GRID" 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 "ALGO-GRID" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

Colourganisms (2020)

Microbial production of custom-made, pure and sustainable anthocyanins

Read More  

TAPPXSSAI (2019)

Development of a system for automatic ad insertion into on-demand streaming video to provide new monetization mechanisms to the media industry

Read More  

VINOQUANT11SUPERPLUS (2019)

A digital based system for measuring, showing and regulation of the complexe system of wine feremtation with high precision via a Bluetooth -Refractometer, a Software and a Bluetooth Thermostat

Read More