Long Term Residential Energy Storage
The KTN Innovation Exchange programme is working alongside MVM Group, the largest energy company in Hungary. MVM is looking to engage innovators and innovative companies that can provide efficient solutions for seasonal-scale residential energy storage. MVM require a solution which is capable of storing 5000-10000 kWh with minimal self-discharge over multiple months and converting this stored reserve back to residential power as needed. The unit should have high roundtrip efficiency, a reasonable footprint and cost, and most importantly should operate safely in a residential environment. Solutions may also include holistic optimisation of the unit’s operation and connection to the grid, including considerations such as how to implement photovoltaic energy sources or additional battery storage.
Opportunity
Challenge opens
30/08/2022
Challenge closes
21/10/2022
Benefit
Successful applicants can expect to work closely with MVM to advance the TRL of the solution and may have opportunities for pilot testing at MVM facilities. It is expected that the successful applicants and MVM will pursue European innovation funding, such as Horizon Europe.
Background
In the EU Green Deal, it is clearly stated that energy efficiency must be prioritized in the coming years on the road to full decarbonization including of course the residential housing sector as well. This clean energy transition should actively involve and benefit consumers. The Commission will rigorously enforce the legislation related to the energy performance of buildings, therefore, it is also highlighted that EU industry needs ‘climate and resource frontrunners’ to develop the first commercial applications of breakthrough technologies in these sectors.
Priority areas include clean hydrogen, fuel cells, energy storage, etc. that could achieve these residential energy efficiency goals. For facilitating this ambitious transition, the Commission will also launch work on the possibility of including emissions from buildings in European emissions trading, and effective programmes, such as financing schemes for households to reduce energy bills and help the environment.
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