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NOBEL GRID wins the 4th Global Entreps Award 2018 ‘Affordable and Clean Energy – Retail Market’

NOBEL GRID project -funded by the Horizon 2020 programme- was awarded with the 4th Global Entreps Award 2018 in the ‘Affordable and Clean Energy – Retail Market’ category by Entreps organization yesterday at the premises of the European Committee of the Regions in Brussels. Grupo ETRA (Spain), leader of the NOBEL GRID consortium, received the prize together with Ecopower (Belgium) and FINNOVA Foundation (Spain).

The ceremony took place under the framework of the #5Gcitizens International Congress, organised by Entreps –  International Board of Business Owners & Entrepreneurs, on June 18-19 at the Committee of the Regions in Brussels. These awards are entirely devoted to the UN Sustainable Development Goals 2030, that inspired 17 award categories this year.

“This award recognises the effort of all the consortium during the 42 months of project, which is now coming to a successful end. We are particularly proud of this award is giving in the Committee of the Regions, since European regions are instrumental in the process of the energy transition which NOBEL GRID is supporting with its developed technologies said the Grupo ETRA’s spokesperson.

The director general of FINNOVA, Juan Manuel Revuelta, set his sights on the future, as he said “the technologies developed within NOBEL GRID could be transferred to other new disruptive technology projects and obtain European funding, such as the call  Innovative Urban Actions that subsidize up to 5 million euros to 80% for municipalities with more than 50,000 inhabitants. This year one of the themes is Urban Poverty, which could include energy poverty, a problem that affects more than 50 million households in the EU according to the European Poverty Observatory. In this way, projects such as NOBEL GRID will be able to contribute with their proven technologies to designing new energy models in which energy poverty is combated while the consumer takes a leading role.

NOBEL GRID, with a budget of €13.9M, provides advanced tools and ICT services to all actors in the Smart Grid and retail electricity market in order to create benefits from cheaper prices, more secure and stable grids and cleaner electricity. These tools and services enable active consumers’ involvement, new business models for new participants and integration of distributed renewable energy production.

The NOBEL GRID project is composed by 21 partners from 11 countries and after 42 months of development it will conclude the 30th of June. The project results are being demonstrated in five different electric cooperatives and non-profit demonstration sites in five EU Member States (Belgium, Greece, Italy, Spain and the UK), with the active involvement of all the energy grid actors, citizens, and based on the new business models defined during the project. “Thus, NOBEL GRID contributes to small electric cooperatives playing an important role in the energy transition”, stressed Dirk Vansintjan, member of EcoPower.

Between the 25th-26th of July, the project’s final event will be held in Valencia to present its main results, findings and learnings, including an open day session in the Alginet pilot site the 25th in the morning.

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