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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.

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

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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