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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.

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

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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