Welcome to the e-balance Project
The e-balance Project aims at integrating the energy customers into the future smart-grids in order to address future environmental problems with holistic technical solutions based on ICT, new business models and citizens’ behaviour under real world conditions.
Building the future with ICT solutions
ICT opens many opportunities to improve our lives. The connection with people and systems facilitates the development of new solutions to manage efficiently the energy and create a more robust electric system where everyone can satisfy their specific requirements.
The e-balance project will use and develop ICT solutions (sensors and management units) to synchronise final users each other and achieve the optimal commitment between all the stakeholders.
Balancing your energy
Nowadays, energy at home level does not depend on the decision made at grid level (grid operators…) and customers uses their appliances according to their needs/priorities. For this reason grid operators have to fix the energy fluctuations in order to match the demand and supply and offer a high quality and stable electric system.
However, the e-balance approach introduces a potential synergy that can complement such traditional paradigm and turn the electric system around more efficient and secure where people can support the whole energy grid with smart decisions and fast negotiations.
New paradigm, new business model
The active integration of customers into the new system requires new business models that satisfy all the stakeholders. People usually cannot understand the complexities of the electric system and grid operators do not know the user behaviour accurately, so they have to make decisions based on prediction models; mainly weather and historical demand.
Under e-balance approach, tariffs and price mechanisms play one of the most important roles, since it is indeed the only way to “balance” the energy demand and supply at the same time. People will be able to specify their preferences and interact with a new energy market where everyone participates as a “small energy plants”. The comparison with other neighbours and a better understanding of the electric system will permit customers to reduce their electric bills time to time, what will facilitate the people’s acceptance of these new concepts.
The final challenge: security and privacy
Are you worried about your privacy? e-balance will investigate the best technologies to protect your privacy and anonymise your information before it goes out your home. All the proposed solutions will be evaluated under strict security and privacy requirements to assure any connection between your energy profile and your behaviour.
More efficient system, better environment
Energy efficiency becomes crucial for rational consumption of the available resources and reduction of the CO2 production. But the reduction of energy consumption as the only remedy is only a partial solution. Similarly, applying more environment-neutral or renewable energy sources without smart management systems may even cause failures in the energy grid or at least cause the energy to be wasted. Introducing intelligent solutions that combine the control of energy production and consumption helps to achieve the best efficiency.
This project has received funding from the European Union’s Seventh Programme for research, technological development and demonstration under grant agreement No 609132.