Opendata, web and dolomites

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

 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.

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

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.)

MealHero (2019)

Automated cooking for tasty and healthy meals in a convenient way

Read More  

SPANAR (2019)

Safe Perception And Navigation for Autonomous Robots

Read More  

AMBRPAY (2019)

Decentralized subscription payments with cryptocurrency

Read More