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Active HORIZON European Commission

Plexigrid: Plexar Operated Grids

€3.51M EUR

Funder European Commission
Recipient Organization Plexigrid Sociedad Limitada
Country Spain
Start Date Jun 01, 2024
End Date May 31, 2026
Duration 729 days
Number of Grantees 2
Roles Third Party; Coordinator
Data Source European Commission
Grant ID 101166650
Grant Description

Plexigrid - Plexar Operated GridsPlexigrid is creating a new value chain since it is building the Operating System for tomorrow's electricity grid.

This system enables a new value chain for electricity distribution, where producers, consumers, grid operators... and their devices (EVs, heat pumps, batteries, AC units, solar PV, transformers, smart meters...) interplay in real time to optimise energy usage and the utilisation of the electricity grid infrastructure.

By automatically adapting the flexible consumption/production/storage of these players, this dual ""grid+energy"" optimisation would reduce hundreds of billions of euros annually in energy savings and grid fees.

The elements of this future value chain are already there (consumers, producers, retailers, grid operators... and their wind, solar, PV, EVs, heat pumps, AC units, batteries, smart meters...), but the real time synapsis and orchestration of these hundreds of millions of devices requires a layer of intelligence which does not exist today.Our solution is a new grid operating system that makes electricity distribution grids fit for the energy transition, i.e., fit for a safe, intelligent and efficient orchestration of the hundreds of millions of EVs, heat pumps, PV panels, that electricity grid operators will have to host in their grids.

Our technology provides grid operators with 3 superpowers: 1) ARI- Real-time visibility across the whole network (today grid operators have limited to no visibility below 20,000 volts, where the vast majority of the new demand has to be hosted) 2) TATARI- Real-time grid analytics (grid operators lack real-time analytics under 20,000 volts) 3) TIA- Real-time access to flexibility (i.e. to the flexible scheduling EV charging, heat pumps,) Our solution enables an optimal use of grid capacity and saves hundreds of billions of in CAPEX/OPEX for grid operators and their customers.

All Grantees

Plexigrid Ab; Plexigrid Sociedad Limitada

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