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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.

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