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SECLI-FIRM SIGNED

The Added Value of Seasonal Climate Forecasts for Integrated Risk Management Decisions

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

SECLI-FIRM project word cloud

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

planning economic corresponding pilot methodology industry impacts mitigation quantifiable optimization ahead time quantification firm outcomes expansion ultimately balance improvements near market portfolio individually add demand probabilistic months extreme teleconnections anomalous calibrated designed decision practical decisions crucially climatological averaged america hedging renewable seasons respect basis seasonal hence primarily historical utilise forecasts south evaluation nine water clim energy efficient co benefits secli climate industrial supply services local asset central added

Project "SECLI-FIRM" data sheet

The following table provides information about the project.

Coordinator	UNIVERSITY OF EAST ANGLIA Organization address address: EARLHAM ROAD city: NORWICH postcode: NR4 7TJ website: http://www.uea.ac.uk 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	United Kingdom [UK]
Project website	http://www.secli-firm.eu
Total cost	4˙638˙500 €
EC max contribution	4˙638˙500 € (100%)
Programme	1. H2020-EU.3.5.1. (Fighting and adapting to climate change)
Code Call	H2020-SC5-2017-OneStageB
Funding Scheme	RIA
Starting year	2018
Duration (year-month-day)	from 2018-02-01 to 2021-07-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	UNIVERSITY OF EAST ANGLIA UNIVERSITY OF EAST ANGLIA Organization address address: EARLHAM ROAD city: NORWICH postcode: NR4 7TJ website: http://www.uea.ac.uk contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (NORWICH)	coordinator	1˙196˙000.00
2	ENEL GLOBAL TRADING SPA ENEL GLOBAL TRADING SPA Organization address address: VIALE REGINA MARGHERITA 125 city: ROMA postcode: 198 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.	IT (ROMA)	participant	888˙750.00
3	MET OFFICE MET OFFICE Organization address address: FITZROY ROAD city: EXETER postcode: EX1 3PB website: www.metoffice.gov.uk contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (EXETER)	participant	696˙875.00
4	KONINKLIJK NEDERLANDS METEOROLOGISCH INSTITUUT-KNMI KONINKLIJK NEDERLANDS METEOROLOGISCH INSTITUUT-KNMI Organization address address: UTRECHTSEWEG 297 city: DE BILT postcode: 3731 GA website: www.knmi.nl contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	NL (DE BILT)	participant	563˙125.00
5	AWS TRUEPOWER SL AWS TRUEPOWER SL Organization address address: CALLE BALDIRI REIXAC 10-12 city: BARCELONA postcode: 8028 website: http://www.meteosimtruewind.com contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (BARCELONA)	participant	389˙375.00
6	WORLD ENERGY & METEOROLOGY COUNCIL WORLD ENERGY & METEOROLOGY COUNCIL Organization address address: SCHOOL OF ENVIRONMENTAL SCIENCES, UNIVERSITY OF EAST ANGLIA city: NORWICH postcode: NR4 7TJ 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.	UK (NORWICH)	participant	316˙875.00
7	ACCADEMIA EUROPEA DI BOLZANO ACCADEMIA EUROPEA DI BOLZANO Organization address address: VIALE DRUSO 1 city: BOLZANO postcode: 39100 website: www.eurac.edu contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	IT (BOLZANO)	participant	268˙750.00
8	AGENZIA NAZIONALE PER LE NUOVE TECNOLOGIE, L'ENERGIA E LO SVILUPPO ECONOMICO SOSTENIBILE AGENZIA NAZIONALE PER LE NUOVE TECNOLOGIE, L'ENERGIA E LO SVILUPPO ECONOMICO SOSTENIBILE Organization address address: LUNGOTEVERE GRANDE AMMIRAGLIO THAON DI REVEL 76 city: ROMA postcode: 196 website: http://www.enea.it contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	IT (ROMA)	participant	241˙250.00
9	ALPERIA SpA ALPERIA SpA Organization address address: VIA DODICIVILLE 8 city: BOLZANO postcode: 39100 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.	IT (BOLZANO)	participant	77˙500.00

Map

Project objective

The central objective of SECLI-FIRM is to demonstrate how the use of improved climate forecasts, out to several months ahead, can add practical and economic value to decision-making processes and outcomes, primarily in the energy sector, but also in the water sector. Specifically for the energy sector, SECLI-CLIM will assess the impact on operational planning and portfolio management, such as hedging and asset optimization, thus enabling quantification of the value-add provided by seasonal forecasts which have been calibrated, evaluated and tailored for each specific application. Improvements in management decisions will ultimately lead to an improved supply-demand balance and therefore to a more efficient energy system, particularly with respect to renewable energy, with corresponding benefits for climate change mitigation.

A simple, but effective, methodology will be used to assess value added. A control case will only utilise climatological conditions based on historical averaged values – currently the most common approach – while a test case will also consider individually optimised and tailored state-of-the-art probabilistic seasonal forecasts. This will be done for nine case studies for Europe and South America: recent seasons with anomalous/extreme climate conditions leading to problematic and quantifiable impacts for the energy and/or water industry. Crucially for success, the case studies will be co-designed by industrial and research partners.

These case studies will provide the basis for developing pilot climate services for a number of specific applications, allowing evaluation of the added value of near real-time information for decision making. Thus SECLI-FIRM will promote research advances in the optimization of seasonal forecasts for specific applications (e.g. by evaluating both local processes and large-scale teleconnections), as well as promoting the uptake of seasonal forecasts by industry and hence expansion of the climate services market.

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