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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.

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