PROJEKTI
   

Project
Acronym: E-PRICE 
Name: Price-based Control of Electrical Power Systems 
[PROJECT URL | CORDIS URL]
Project status: From: 2010-02-01 To: 2013-02-01 (Completed)
Contract number: 249096 
Action line: ICT for energy efficiency [ICT-2009.6.3] 
Type (Programme): FP7 
Funding scheme: STREP 
Project cost: 3.387.277,00 EUR
Project funding: 2.448.000,00 EUR
Project coordinator
Organisation Name: Technische Universiteit Eindhoven 
Organisation adress: Den Dolech 2, 5612 AZ Eindhoven 
Organisation country: Netherlands 
Contact person name:  
Contact person email:  
Croatian partner
Organisation name: Fakultet strojarstva i brodogradnje 
Organisation address: Ivana Lučića 5, 10 000 Zagreb 
Contact person name: Dr.sc. Andrej Jokić
Contact person tel:
+385 1 6168 434  Contact person fax:  
Contact person e-mail: Email 
Partners
Organisation nameCountry
University degli Studi di Trento Italy 
Eodgempssosiche Technische Hochschule Zurich Switzerland 
Kema Nederland BV Netherlands 
ABB Schweiz AG Switzerland 
APX B.V. Netherlands 
O.R.S. Operational Research Systems S.R.L. Italy 
Tennet TSO BV Netherlands 
Short description of project
Technological and societal developments over recent decades encouraged the use of an increasing quantity of renewable energy sources (wind, solar) for the production of electric energy. People are starting to generate their own energy, becoming producers themselves. At the same time the predictability of both production and consumption of electric energy will decrease, introducing larger imbalances in the electricity network. The current energy production system inadequately copes with this unpredictability and will soon reach the limit for secure and reliable operation. This is the main motivation for E-Price.  E-Price is a three-year European research project aiming to develop a reliable, an efficient and a societally-acceptable control concept for the EU energy market. E-Price sets a new standard by introducing a feasible price-based control strategy. Its ambition is to be at the very heart of future developments that fully facilitate the increasing amounts of less-predictable renewable energy sources. E-Price uses expertise to develop innovative products and methods in co-creation with private and public parties. The interdisciplinary team of specialists from European universities and industry will look beyond present boundaries and fixed structures. E-Price will offer an integral solution as the standard framework for trade in electrical energy, satisfying European Union policy goals. This will bring about a market and control concept that gives incentives to all participants to follow their own interests while still satisfying the societal requirements on reliability, efficiency and transparency. It will bring about a structural change in the way electricity will be produced and used in the future.  
Short description of the task performed by Croatian partner
 


   

 


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