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SpecEMS

Spectral Energy Management System for appliance-level analytics, control, and microgrid renewables trading.

Total Cost €

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EC-Contrib. €

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Partnership

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 SpecEMS project word cloud

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

efficiency    spectral    minutes       microgrid    prevent    automation    sensors    breakthrough    networks    commercialisation    delivers    left    jobs    piloting    irregular    mission    demand    accessible    utilities    rate    electrician    residential    direct    consumption    bems    linc    intensive    solves    upfront    feasibility    accuracy    incentive    supplies    savings       needing    generation    investment    inefficient    destabilise    point    million    exceeding    warming    buildings    schedule    commercial    costly    meters    hardware    first    delivered    single    energy    service    purchase    industrial    segments    blockchain    renovated    dire    trade    appliance    boosting    installed    seek    phased    global    34    uses    2030    breakdown    27    95    answers    proven    75    basis    software    renewables    clean    controls    renewable    net    revenue    retrofit    subsidies    solution    profit    suitable    saving    consumers    5c    monitor    11    too    104    24    stagnated    meanwhile    building    smart    government    grid   

Project "SpecEMS" data sheet

The following table provides information about the project.

Coordinator
LINCLAB NETWORK SL 

Organization address
address: CALLE BAILEN 41, EDIFICIO MADRID INTERNATIONAL LAB
city: MADRID
postcode: 28005
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 Spain [ES]
 Project website https://www.linc.tools
 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 2019-03-01   to  2019-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    LINCLAB NETWORK SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

Linc’s mission is to make effective energy management accessible to all.

Our breakthrough energy management solution uses advanced spectral analysis to monitor energy consumption on an appliance-by-appliance basis. Installed at a single point — without needing sensors across the building — it delivers an energy breakdown accuracy of 95%, and has proven savings of up to 34%.

Our hardware and software is installed within 30 minutes by any electrician, in any type of residential, commercial, or industrial building - new or old. It is the first and only energy management solution to be delivered as a low cost service (€9/month), with NO upfront costs.

It feature built-in controls for building automation and demand response. It is the first energy management system with a fully-integrated microgrid blockchain to trade clean, renewable energy.

Linc answers directly to European challenges of boosting energy efficiency and renewable generation by 27% each by 2030 — as is necessary to prevent the dire consequences of global warming exceeding 1.5C.

The EU is not on schedule. 75% of European buildings remain inefficient, and are being renovated at a rate of 1% per year - it will take 100 years to retrofit them. Meanwhile, investment in renewables has stagnated with government subsidies being phased out, and utilities left with no incentive to purchase irregular renewable supplies that destabilise their grid networks.

Existing Building Energy Management Systems (BEMS) are too costly and complex — suitable only for the most energy-intensive buildings; while smart-meters are not very “smart” after all — saving consumers less than 3%.

Linc solves this. We seek H2020 funding to study the technical and commercial feasibility of our solution. We have support from major piloting partners across all target segments, and project a revenue potential of €24 million with €11 million in net profit within five years of commercialisation, creating of 104 direct jobs.

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

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