Balanced Energy Networks
Lead Participant:
ICAX LIMITED
Abstract
The Balanced Energy Networks project will deliver both a physical and digital network to integrate systems that will enable the balancing of heating, cooling, electricity, and carbon, in a way that minimises costs.
Addressing the energy trilemma - delivering security of supply, at low cost, and with low carbon emissions - is a key requirement for achieving a sustainable and prosperous economy. The Balanced Energy Networks project will build a working demonstration of the integrated system at London South Bank University (LSBU). This will involve the construction of an inter-seasonal thermal storage system to balance the production of heating and cooling throughout the year. It will also create a bi-directional network to balance electricity supply and demand. Attached to these physical and information and control networks will be a range of innovative technologies including one which can both generate electricity and remove carbon dioxide from the air, allowing the overall system to be carbon neutral.
Addressing the energy trilemma - delivering security of supply, at low cost, and with low carbon emissions - is a key requirement for achieving a sustainable and prosperous economy. The Balanced Energy Networks project will build a working demonstration of the integrated system at London South Bank University (LSBU). This will involve the construction of an inter-seasonal thermal storage system to balance the production of heating and cooling throughout the year. It will also create a bi-directional network to balance electricity supply and demand. Attached to these physical and information and control networks will be a range of innovative technologies including one which can both generate electricity and remove carbon dioxide from the air, allowing the overall system to be carbon neutral.
Lead Participant | Project Cost | Grant Offer |
---|---|---|
ICAX LIMITED | £1,065,072 | £ 745,550 |
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Participant |
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LONDON SOUTH BANK UNIVERSITY | £658,377 | £ 658,377 |
KRAKENFLEX LIMITED | £385,746 | £ 270,022 |
TUV SUD LIMITED | ||
CRANFIELD UNIVERSITY | £511,729 | £ 511,729 |
MIXERGY LIMITED | £211,517 | £ 148,062 |
TERRA FIRMA GROUND INVESTIGATION LIMITED | £488,348 | £ 341,844 |
LONDON SOUTH BANK UNIVERSITY | ||
ORIGEN POWER LTD | £333,049 | £ 233,134 |
INNOVATE UK |
People |
ORCID iD |
Edward Thompson (Project Manager) |