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NOBEL GRID’s commitment with the circular economy in Madrid

img_20161122_110705The Representation of the European Commission in Spain (Madrid) hold yesterday the “ECCE Meetings: Circular Economy” in which NOBEL GRID project participated together with other Spanish projects.

This meeting, organised by the Representation of the European Commission in Spain, “aimed to create cooperation and exchange of ideas and good practices”, explained the organisers.

As well, it brought together actors and speakers from different fields involved in the circular economy, which presented some of the most pioneering developments in the national sphere like NOBEL GRID, presented in a “elevation pitch”.

The circular economy is a new concept for building an economy that’s regenerated by design: nothing is lost, everything is transformed. This means moving away from a linear transformation process, based on the notion of “take-make-dispose” to a circular process where waste becomes input.

What is the relationship between the circular economy and Nobel Grid?

logo“In NOBEL GRID, we provide innovative ICT solutions and business models for improving European smart grids and supporting circular economy by reducing emissions and increasing renewable energy usage”, stated Lola Alacreu, project coordinator of NOBEL GRID.

Besides, this Horizon 2020 project acts as a piece of the circular economy which will ensure more secure and stable grids and clean energy as Alacreu explained in the two-minute “elevation pitch”.

Current grid systems are relatively inefficient, long distance energy transmission from centralised power plants can lead to losses. So projects like NOBEL GRID will make possible to connected through a grid all actors in the Smart Grid and retail electricity, allowing them not only to be self-sufficient, but also to contribute to the supply stability of a whole region.

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