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DESSART

Dynamic Energy System Services to Achieve Renewable Targets

Total Cost €

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EC-Contrib. €

0

Partnership

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 DESSART project word cloud

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

interconnection    transitioning    services    considerable    decoupled    realise    stability    schwungrad    payment    opportunity    resounding    market    financial    synergising    additional    motor    successfully    ideal    positive    renewable    plans    investors    rate    innovative    ireland    hybrid    equity    expertise    managerial    energie    small       commercialisation    carbon    27    acceleration    annual    ing    countries    sources    electricity    wind    formula1    project    12    there    intermittent    flywheels    forecast    2012    international    roll    powered    solar    storage    structure    operate    generators    replication    successful    generation    relatively    worldwide    technologies    first    billion    balancing    rapid    racing    location    compound    penetration    provision    expanding    niche    maccsol    time    weak    involvement    security    facility    commercial    company    energy    fund    unpredictable    proven    batteries    fp7    2020    operator    winds    expressed    facilities    flywheel    expand    irish   

Project "DESSART" data sheet

The following table provides information about the project.

Coordinator
SCHWUNDGRAD ENERGIE LIMITED 

Organization address
address: 40 UPPER MOUNT STREET
city: Dublin 2
postcode: 0
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 Ireland [IE]
 Project website http://schwungrad-energie.com/
 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.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-03-01   to  2015-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SCHWUNDGRAD ENERGIE LIMITED IE (Dublin 2) coordinator 50˙000.00

Map

 Project objective

There is a niche opportunity in the electricity market across Europe for the provision of additional system/balancing services, decoupled from electricity generation, resulting from the rise in renewable generation. The innovative and unique approach is the development of hybrid-powered flywheels, synergising two proven technologies, flywheels and batteries and application to the electricity system for the first time, to provide security and stability. Hybrid-powered flywheels are resounding success in Formula1 motor racing for rapid acceleration. Schwungrad Energie plans to exploit the concept to enhance system security and stability. The advanced energy storage technology market is forecast to expand at a Compound Annual Growth Rate of 12.3% to €27 billion between 2012 and 2020. European countries are aiming to achieve low carbon energy systems by transitioning to renewable sources, to realise their European targets. This requires a higher penetration of intermittent, unpredictable generators (wind/solar). In Ireland, with high winds and relatively weak interconnection, the System Operator has proposed a new payment structure for additional system/balancing services, expanding the market. This makes Ireland an ideal location for the first hybrid-powered flywheel facility before market replication throughout Europe and worldwide as renewable penetration increases in other countries.

Schwungrad Energie, an Irish company, was set up to successfully develop, operate and roll out facilities to provide system/balancing services in the electricity sector. The key personnel have expertise and experience in the technical, commercial, managerial and financial areas needed for project success and commercialisation within EU and beyond. Some have previous involvement with successful FP7 projects such as MACCSol. Discussion with a small number of potential key international equity investors are on-going and considerable positive interest has been expressed to fund the project

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

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