Business Wire

Eaton Joins EU-supported InterSTORE Consortium to Support Energy Transition With Unified Energy Storage

Share

Intelligent power management company Eaton today announced its involvement in a pan-European research and innovation project to develop seamless IT infrastructure for energy storage systems.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230226005024/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Anne Lillywhite, Eaton (Photo: Business Wire)

Launched on January 1 and scheduled to run for three years, the InterSTORE project (“Interoperable open-source tools to enable the hybridization, utilization and monetization of storage flexibility”) is supported by the European Union’s Horizon Europe Research and Innovation program. Eaton joins 11 other members in the project consortium, which is coordinated by RWTH Aachen University and includes academic partners, as well as other companies, industry associations and standards organizations.

The mass adoption of energy storage is vital to enabling Europe’s energy transition, and this demands both standardization and interoperability. To maximize benefits for operators, vendors, suppliers and end users, energy storage equipment and systems must be able to communicate seamlessly, irrespective of their age or manufacturer. To this end, the InterSTORE project aims to achieve four key goals:

  • Provide four open-source software tools for assuring interoperability, flexibility and data standardization;
  • Consider all relevant aspects of the flexible use of hybrid energy storage systems in four principal areas of application (electric vehicles, industrial, residential and commercial);
  • Demonstrate seven high-impact use cases in four real-life laboratories;
  • Deploy beyond state-of-the-art methods to enable the hybridization, utilization and monetization of flexible storage, while also ensuring standardization across the data space.

“The sun doesn’t always shine and the wind doesn’t always blow—so widespread energy storage is vital to Europe’s successful transition to renewables and the electrification of everything,” says Dominik Laska, director, Eaton European Innovation Center. “However, today’s solutions are very diverse and often incompatible. To enable widescale adoption, we need a unified approach to energy storage management. I’m delighted we’re joining forces with our expert InterSTORE partners to help develop an innovative and agnostic solution that can support third-party software or hardware and so deliver a significant real-world impact.”

Currently, Eaton’s Energy Management System (EMS) is designed to optimize GreenMotion EV chargers, xStorage Compact battery packs, and photovoltaic panels. As part of the InterSTORE consortium, Eaton will work with other EMS providers to identify differences and synergies between their solutions. Novel optimization concepts will then be developed and incorporated to enable the integration of different types of energy storage, such as heat pumps and electrolyzers. Eaton’s concepts and control algorithms will also be validated and demonstrated at the Forschungszentrum Jülich research institute.

“As a member of the InterSTORE project, our goal is to create seamless solutions that can support multiple types of energy storage, while also building a rock-solid commercial case for mass adoption,” says Anne Lillywhite, senior vice president and general manager, Energy Transition, Digital & Services, Electrical Sector, EMEA. “Our engineers will develop a toolkit for EMS interoperability, as well as a deeper understanding of user requirements and possible business models. In today’s environment of rising energy prices, tighter emissions regulation, and increasingly eco-conscious consumers, this is a fantastic opportunity to pioneer crucial new technologies that will contribute to decarbonization and a more sustainable future.”

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society.

Founded in 1911, 2023 marks Eaton's 100th anniversary of being listed on the New York Stock Exchange. We reported revenues of $20.8 billion in 2022 and serve customers in more than 170 countries. For more information, visit www.eaton.com. Follow us on Twitter and LinkedIn.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

NathalieLapoirie@eaton.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation

Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release

Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private

Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding

Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår

V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release

V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust

Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye