Opendata, web and dolomites

GET

Green Energy Tracker. The international tracking system for guarantees of origin, green energy certificates and green labels

Total Cost €

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EC-Contrib. €

0

Partnership

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Project "GET" data sheet

The following table provides information about the project.

Coordinator
MEGAVATIO CONTROL SL 

Organization address
address: C/ SISON 8 2 D
city: VALLADOLID
postcode: 47012
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://greenenergytracker.eu/es/inicio/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-05-01   to  2017-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MEGAVATIO CONTROL SL ES (VALLADOLID) coordinator 50˙000.00

Map

 Project objective

The overall objective of the project is to provide to the green energy certificate market with a new traceability and secure system that will allow producers, traders, consumers, administrations and/or NGOs to verify and approve the real green energy origin.

This project innovative approach is based on the application for the first time of the blockchain technology to the green certificate generation process, to create a distributed system where each transaction is encrypted and stored locally in many individual computers. Any transaction needs to be approved by a great number of members before it is exported and verify by the whole system, eliminating the need for third-party intermediaries, and therefore, the fraud cases.

Green certificates are created each time one megawatt-hour of renewable energy is generated and put on the grid. Unfortunately, no matter where the electricity is generated, once the electricity enters the grid it is impossible to distinguish where it came from or how was generated. Currently this system is facing the following challenges: Lack of credibility and traceability, and fraud issues.

With our Green Energy Tracker (GET) we are contributing to maintain a trustable renewable energy market by providing a system that Increases the credibility by substituting trust for security and traceability, eliminate fraud, increases the market efficiency and opens the possibility for new certification markets.

Our feasibility assessment under Phase I work expect to validate that the business idea is achievable by the analysis of the technical and economic related aspects with the proposal and, at the same time, identifying those key issues to face in Phase II, jointly to the clinic validation and regulatory process necessary of being developed.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "GET" project.

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

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