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PRICE GEN

Relevant project information

Dates

May 2011 - December 2014

Project website

Project completed

Role of CIRCE

Coordinator

Grant agreement number

-

Funded by

 ministerio de economía industria y competitividad logo

Description and objectives

PRICE-GEN: Energy Management, will focus its activities on aspects related to the energy management of smart grids, through the development of an optimal and interoperable network architecture, taking into account the new needs of the smart grid and the implementation of this architecture through the development of new smart metering equipment that provides timely information on consumption and generation of customers as well as the state of the power grid.

In line with this objective, the PRICE-GEN consortium will orient its technical research activity towards:

  • Obtain a high quality solution for the management of smart grids, which through the information provided by smart meters and the use of energy balance management systems, allows not only the knowledge of consumption and the state of the grid, but also its operation to minimize losses, the optimization of infrastructures and the improvement of the quality and security of electricity supply.
  • Enable a fast and effective deployment and integration with current systems and resources: a basic goal of the PRICE project, especially PRICE-GEN, is the modernization of the existing electricity distribution network to take advantage of the benefits derived from the use of ICTs. A correct study of the current alternatives and the existing infrastructure, to analyze the possibilities of its use as a support for the new network, optimizes the overall vision in terms of practicality and rapid contribution of the added value of the new remote management system.
  • Enhance interoperability between companies and equipment in the remote management system: the future of smart grids must focus on multi-supplier solutions and standardization of operation (use cases, interfaces and common models) to ensure interoperability with end equipment, which is necessary for the viability of centralized management.
  • To position the Spanish electricity sector at the technological forefront worldwide in the intelligent management of electricity distribution networks (smartgrids) by having its own cutting-edge technology throughout the network value chain, from generation to the end consumer.

The PRICE-GEN project is one of the projects that make up the PRICE project - Joint Smart Grids Project in the Corredor del Henares. It is a joint initiative of Iberdrola Distribución and Unión Fenosa Distribución, to carry out the first deployment of smart grids in the Community of Madrid and the province of Guadalajara, specifically in the Corredor del Henares. The initiative covers different areas, which will cover the needs identified for the development of a smart grid within a framework of efficiency, safety and sustainability, and is based on the following projects:

  • PRICE-RED: Supervision and Automation
  • PRICE-GEN: Energy Management
  • PRICE-GDI: Distributed Generation
  • PRICE-GDE: Demand Side Management

Value proposition

The main objective of the PRICE-GEN project is the development and implementation of an intelligent architecture that integrates the reading points in an optimal way, based on a relatively open standard that allows the incorporation of new generations of network infrastructure, as well as allowing compatibility in other countries or systems.

CIRCE's contributions within the project will focus on achieving the objectives described below:

  • Obtain a high quality product for the management of smart grids, which through the information provided by smart meters and the use of energy balance management systems, allows not only the knowledge of consumption and the state of the grid, but also its operation to minimize losses, optimize infrastructures and improve the quality and security of supply.
  • Modernization of the existing network to take advantage of the benefits derived from the use of ICTs. A correct study of the current alternatives and the existing infrastructure to analyze the possibilities of its use as a support for the new network optimizes the overall vision in terms of practicality and rapid contribution of the added value of the new remote management system.
  • Interoperability between companies and equipment in the remote management system: the future of smart grids must focus on multi-supplier solutions and standardization of operation (use cases, interfaces and common models) to ensure the interoperability with end equipment necessary for the viability of centralized management.

Project partners

Unión Fenosa Distribución, Iberdrola Distribución, Sac Maker, Ziv Metering Solutions, ERICSSON, CIRCE, UC3M.