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Geco Global

GECO GLOBAL APS
Country: Denmark
8 Projects, page 1 of 2
  • Funder: European Commission Project Code: 872734
    Overall Budget: 12,739,000 EURFunder Contribution: 9,929,240 EUR

    The transition to the smart grid era is associated with the creation of a meshed network of data contributors that necessitates for the transformation of the traditional top-down business model, where power system optimization relied on centralized decisions based on data silos preserved by stakeholders, to a more horizontal one in which optimization decisions are based on interconnected data assets and collective intelligence. Consequently, the need for “end-to-end” coordination between the electricity stakeholders, not only in business terms but also in exchanging information is becoming a necessity to enable the enhancement of electricity networks’ stability and resilience, while satisfying individual business process optimization targets of all stakeholders involved in the value chain. SYNERGY introduces a novel reference big data architecture and platform that leverages data, primary or secondarily related to the electricity domain, coming from diverse sources (APIs, historical data, statistics, sensors/ IoT, weather, energy markets and various other open data sources) to help electricity stakeholders to simultaneously enhance their data reach, improve their internal intelligence on electricity-related optimization functions, while getting involved in novel data (intelligence) sharing/trading models, in order to shift individual decision-making at a collective intelligence level. To this end SYNERGY will develop a highly effective a Big Energy Data Platform and AI Analytics Marketplace, accompanied by big data-enabled applications for the totality of electricity value chain stakeholders (altogether integrated in the SYNERGY Big Data-driven EaaS Framework). SYNERGY will be validated in 5 large-scale demonstrators, in Greece, Spain, Austria, Finland and Croatia involving diverse actors and data sources, heterogeneous energy assets, varied voltage levels and network conditions and spanning different climatic, demographic and cultural characteristics.

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  • Funder: European Commission Project Code: 957781
    Overall Budget: 7,571,720 EURFunder Contribution: 5,862,480 EUR

    Penetration of renewables is a no-regrets option for energy system decarbonization. Despite their benefits for the energy system, the grid integration of variable RES presents major challenges in matching their non-deterministic output to electricity demand. Resolving this necessitates the deployment and penetration of several solutions, a key on being demand response, which in turn depends on the role of prosumers with regards to their engagement with the energy system. Demand flexibility from residential buildings is the main untapped source of flexibility currently in the market and promises significant flexibility potential, especially taking into account the electrification of heat and transport mega-trends. Energy communities are a promising organizational vehicle for involving citizens – who directly control residential demand - in the energy transition, but currently lack the necessary tools to exploit the available opportunities and create financially viable operations based on the provision of services that citizens want. ACCEPT aims to fill this gap by delivering a digital toolbox that energy communities can use to: i) offer innovative and desired digital services, complementing their existing non-digital services to their members and customers, and ii) gain access to revenue streams that can financially support their operations and ensure longevity and well-functioning of the community itself. To achieve this, the ACCEPT consortium is framing the citizen engagement and business modelling activities in the same priority as the technical development ones. Their intertwined implementation will be the critical success factor for the delivery of the ACCEPT solution as a Minimum Viable Product that has already passed preliminary market testing and financial viability checks. The ACCEPT outcomes will be demonstrated and validated in four pilot sites in the Netherlands, Spain, Switzerland and Greece, directly involving more than 750 residences and 3000 citizens.

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  • Funder: European Commission Project Code: 847066
    Overall Budget: 1,968,010 EURFunder Contribution: 1,968,010 EUR

    The Energy Performance Contracting (EPC) model has been successful in attracting investments in energy efficiency, but mainly for single, large projects. Energy efficiency programs, on the other hand, constitute an alternative path to scaling up the number of buildings that implement energy efficiency interventions, but the practice of rebates and incentives that are paid up front creates a need to rely on deemed energy savings and on complex and costly regulations that hinder innovation. SENSEI will propose a solution to this deadlock. Building on earlier successful experimentation outside of the EU, we will design concepts and business models that will help: (a) generate new sources of benefits that increase the value of an energy retrofit project by enabling the compensation of energy efficiency as an energy resource, and (b) turn the project’s value into an investable asset to attract private financing. The main concept underlying the SENSEI business models is pay-for-performance (P4P), which offers an effective way to engage both energy providers and third-party investorsin energy efficiency. SENSEI will first elaborate P4P schemes for financing energy efficiency that can be implemented across the EU, and then integrate these P4P schemes with the preparation and implementation stages of the EPC model, with the intention of increasing and/or financing the gains in a building’s value that are produced by energy efficiency improvements. The developed concepts will utilize actual building data and the consortium’s competences to carry out a series of negotiation games among all SENSEI parties – representing all links in the EPC and P4P chain. The project has planned a series of activities to both disseminate the insights from these games and to support stakeholders in using our recommendations with the goal of rolling out the first P4P pilots in the EU.

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  • Funder: European Commission Project Code: 824388
    Overall Budget: 5,951,030 EURFunder Contribution: 5,354,340 EUR

    Efficient, reliable and sustainable delivery of energy is critical to the health and welfare of all people. Providing a low-carbon, climate resilient energy supply is a global challenge, which is even more demanding in remote areas. With increasing penetration of renewable energy resources (RES), and high expectations from end-users for energy reliability, connectivity and utilisation of available energy resources needs reconsideration. Thus, technologically smart and economically viable solutions for extending the lifetime of energy infrastructure will be in high demand. Incorporating more distributed RES and storage assets at the edges of the electricity grid, and optimally balancing these assets with other energy vectors, while extending the lifetime of current infrastructures will not only be economically viable, but at the same time decrease the level of carbonisation in local energy systems. E-LAND consortium believes that there are still major challenges in connection to technology, society and economics to overcome. In the E-LAND project, the main objective is to tackle these challenges and support the decarbonisation of energy islands by developing a E-LAND Toolbox for Multi-Energy Islands including tools and methods addressing the business, society and technology challenges. Project is going to implement the toolbox and demonstrate the viability and impact of the tools and methods created in 3 real life pilots in Europe and through simulations with 2 cases in India. Pilots have different geography, demography, sociography and maturity in terms of community and end-user activities, implementation of different energy vectors including storage, amount of renewables in the local energy mix and variety of loads that call for efficient and intelligent management system. To further expand the exploitation of E-LAND results, the Toolbox will be modular and the consortium will develop replication guidelines for utilising the tools in replication sites.

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  • Funder: European Commission Project Code: 101037075
    Overall Budget: 25,020,000 EURFunder Contribution: 20,158,500 EUR

    PROBONO brings together a European multidisciplinary consortium of 47 partners, construction and consulting entities, public asset service managers, municipalities, technology solution providers and experts, to turn the six European districts (PROBONO´s Living Labs) into Green Building Neighborhoods (GBN), with positive energy balance and zero carbon emissions: two large-scale demonstrators (Madrid and Dublin) and four living labs representing business/owner promoters of the green buildings and neighborhoods’ transition (Porto, Brussels, Aarhus, Prague). PROBONO will provide strong examples of how GBN's technological and social innovations can be applied, with a vision focused on building infrastructure and a renewed focus on people and sustainability, taking full advantage of digitalization and smart technologies for the benefit of society. The adoption of the PROBONO approach and innovations will be proposed through a range of participatory methods that promote stakeholders (including citizens) partaking in co-designing and co-delivering a sustainable GBN. PROBONO will provide GBN Strategic Planning Tools in spatial, economic, technical, environmental regulatory, and social context aligned with city and urban masterplans and policy frameworks. PROBONO will create evidence-based policy recommendations, standardization actions, and robust adoption and commercialization strategies supported by a capacity-building program and a European Alliance of GBN Innovation Clusters. PROBONO will provide a GBN Digital Twin (DT) implemented across the LLs as a virtual representation of associated GBN including operational assets that implicate environmental and efficiency KPI. A cloud-based decision support-planning tool will be created to develop an optimized design for carbon-neutral energy GBN systems incorporating PROBONO innovative solutions on GBN demand and response dynamics. The technological developments will include metering different utilities with electricity, gas, warm energy, cold energy, and water linked to Smart IoT gateway and Energy Optimisation middleware, all this combined with geothermal, PV, micro-turbines, efficient HVAC technologies, green roofs, custom insulation, and GB energy optimization, efficient energy storage and integrating EV charging value chain. To enhance wide-scale adoption and standard creation, PROBONO will contribute with evidence-based policy recommendations, standardization actions, and robust adoption and commercialization strategies.

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