In Germany, the RealValue consortium has started its preparations for a comprehensive study of the potential of Smart Electric Thermal Storage Systems (SETS) as a flexibility option for the power market.

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This latest newsletter brings you updates on the first phase of installations in Ireland and on preparations for the German and Latvian trials, as well as other RealValue news.

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Our June newsletter gives you the latest on the Smart Electric Thermal Storage demos in Germany, Ireland and Latvia, as well as updates on other RealValue project activities.

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August's edition of our newsletter gives you updates about the trials in Ireland, Germany and Latvia, as well as upcoming events and updates on the latest RealValue project activities.

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Project partners GDD and RTU exhibit at prestigious trade fair

RealValue partners Glen Dimplex Deutschland (GDD) and Riga Technical University (RTU) both exhibited at Hannover Messe, the world’s leading trade fair for industrial technology, which took place in Germany from 25th-29th April 2016 and attracted over 190,000 visitors.

GDD presented the RealValue project as part of their exhibition on Dimplex’s ‘Electrical Home’.  This concept of a ‘Smart Home’, with interlinked electrical technologies centrally controlled by Smart Eco System, mirrors the aim of RealValue to use local small-scale storage of energy from renewable sources to optimise whole EU energy system.

Riga Technical University also participated in this prestigious event alongside leading Latvian industrial and engineering companies.  The Latvian national stand included a feature on the RealValue project and RTU explained the benefits of aggregated local small-scale energy storage to numerous visitors, in line with the keynote theme of this year’s exhibition, ‘Integrated Energy - the Energy System of the Future’.

RealValue Project Business Director co-chairs EASE & DG ENER event

RealValue Project Business Director Rowena McCappin was delighted to be invited to act as co-chair at an Expert Workshop on Energy Market Design for Energy Storage hosted by EASE in cooperation with DG Energy in Brussels on 25th May.

Rowena and Henrik Dam (DG ENER) co-chaired the opening session of the workshop which involved ‘snapshot’ presentations from research and demonstration projects in order to share technical, commercial and regulatory insight.

Timothée Hinchliffe, Project Manager for Storage Economics at EDF, France, and member of the RealValue International Advisory Board, also presented at the workshop during the session dedicated to ‘Energy storage to address system application/service needs’.

H2020 LCE 06-10 projects give feedback to European Commission

The RealValue project has been playing a leading role in the coordination of the Bridge Cooperation Group aimed at facilitating knowledge-sharing between other H2020 LCE 06-10 Energy Storage and Smart Grid projects.

Based on input received during the last six-monthly meetings in Brussels in March, the Bridge Business Models Working Group submitted feedback to Dr Matti Supponen (Policy Coordinator, Unit B.2 - Wholesale Markets: Electricity & Gas, DG ENER, European Commission) on Market Design legislation which is being drafted.

This was followed up by a successful workshop in Brussels on 26th May with EC officials and Chairs and Rapporteurs from the Bridge Working Groups.  We look forward to continuing work with our EC colleagues on this!

RealValue showcased at EURELECTRIC conference!

The Glen Dimplex Project Office team travelled to Vilnius to participate in the EURELECTRIC Annual Convention & Conference on 6th and 7th June, the theme of which was ‘e-lectricity: the Power Sector goes Digital’.

  Communications Officer Anna Zmuda Trzebiatowska hosted a RealValue breakfast meeting on the first day of the conference which was very well attended. This was an opportunity to give an update on the RealValue project, share key learnings to date and answer questions.  Olegs Linkevics from Latvenergo also gave a presentation on the Latvian trial.

  The project was showcased at the RealValue exhibition stand which was visited by a wide range of visitors over the two-day event.

Benefits of participation in Horizon2020 highlighted at breakfast meeting in Dublin.

RealValue Project Director Rowena McCappin was invited by Enterprise Ireland to speak about the RealValue project and Horizon2020 in general at a breakfast meeting in Dublin on 15th June.

  At this event, attended by Irish and multinational companies, Irish Minister for Training and Skills, John Halligan TD, outlined the benefits of participating in Horizon2020 beyond financial incentives; the programme offers unrivaled opportunities for networking and collaboration between leading companies and research organisations.

  Seán O’Driscoll, President of Glen Dimplex, and Martin Curley, ‎Vice President & Director of Intel Labs Europe, backed up this message, speaking as representatives of companies which have received significant funding through Horizon2020 and are both members of the RealValue Consortium.

  Julie Sinnamon, Chief Executive of Enterprise Ireland; Martin Shanahan, Chief Executive of IDA Ireland and Prof Mark Ferguson, Director General of Science Foundation Ireland and Chief Scientific Advisor to the Government, also spoke at this event, highlighting the importance of Horizon2020.

  Click here for the press release issued by the Irish Department of Jobs, Enterprise & Innovation.

Rowena McCappin was also interviewed by The Irish Times for a feature on RealValue and Smart Electric Thermal Storage Technology within a special Horizon2020 supplement sponsored by Enterprise Ireland. Click here to access the article.

Project Director Rowena McCappin interviewed by the Irish Times

Rowena McCappin was recently interviewed by the Irish Times as part of a special feature sponsored by Enterprise Ireland which leads the Horizon2020 support network in Ireland.

Rowena explained how the RealValue project, which has received €12.5M of funding through the EU’s Horizon2020 programme, will dramatically change the energy market. Trials are being carried out in 1,250 homes in Germany, Ireland and Latvia to demonstrate how Smart Electric Thermal Storage Technology in combination with advanced ICT can bring benefits to the whole energy supply chain.

The article underlines the uniqueness of the RealValue consortium which is composed of leading public, private and academic organisations. All partners have joined together to share their valuable wisdom and achieve progress through collaboration.

To read the full article, click here.

RealValue Irish Trial welcomes its first non-domestic participant!

The RealValue project is delighted to welcome Ludgate Hub in Skibbereen, Ireland as the first non-domestic participant in the Irish Trial.

On 26th July, the Glen Dimplex team were at Ludgate, with remote support of Intel, to carry out the RealValue comms upgrade to the SETS heaters installed in the Hub.

Ludgate is Ireland’s first high-speed digital hub and has 1000MB of connectivity, making it the fastest broadband connection in the country. The Hub is using the digital age to enhance innovation and job creation in the region. We are delighted that this exciting new venture is part of the RealValue project! Read more here:

The RealValue SETS equipment and Gateways have arrived in Latvia

At the end of July Latvia received the RealValue SETS equipment and Gateways, and installations are now ready to be carried out over Summer.

Report delivered on Role of SETS in Evolving European Energy System.

Our partners at VTT together with DIW, GDI and RTU have compiled a comprehensive market analysis report of SETS (Smart Electric Thermal Storage).  The report entitled ‘Role of SETS in Evolving European Energy System’ covers all EU countries and analyses key aspects for market penetration of SETS:

The need for flexibility in the grid rises by higher shares of variable electricity generation. Since the use of SETS as a heating element concentrates on the winter months, this report looks at at the share of wind power generation in electricity mix.

Various technical approaches can provide flexibility to the grid and are therefore competing with SETS: district heating, pumped hydro and reservoir hydro power plants and interconnector capacity.

Room heating in the residential sector is seen as a suitable market segment for SETS; in particular, electrically heated homes are the potential market segment. Thus the report looks at both space heating need per inhabitant as well as share of electrical heating in space heating.

A systematic approach has been used to calculate scores for each country based on the above mentioned indicators. These are expressed in the form of traffic lights (green, yellow and red) to indicate how appealing the respective country is for the SETS market penetration.

The report is available for download here: Role_of_SETS_in_Evolving_European_Energy_System.pdf

The RealValue Explained video clip is now available in multiple languages.

Visit the RealValue Youtube channel  to view this quick and simple animation which gives a clear and comprehensive overview of the project.

The clip is now available in English, German and Latvian.

Project Director Rowena McCappin presents RealValue in Edmunton, Halifax & Ontario.

RealValue Project Business Director Rowena McCappin travelled to Canada in April 2016 to present RealValue and EU Energy Policy to a range of stakeholders.

The European Commission invited Rowena to lead sessions at an ERA-Can+ Smart Grids and Energy Storage Systems EU-Canada priority setting round-table discussion on 19th April.  This was attended by international smart grid experts from industry, academia and government.

Rowena also presented at the prestigious Smart Energy Event in Halifax on 25th April, speaking on the RealValue project, EU energy policy and synergies between the EU and Canada in smart grid and storage research.

The visit to Canada also included meetings with Glen Dimplex North America, providing opportunity to update colleagues on RealValue and more generally on key developments in the energy sector in the EU.

The RealValue Team headed to Riga for an action-packed two days of events and meetings.

Members from almost all of the organisations in the 13-strong RealValue Project Consortium (BEEGY, DIW, EIRGRID, GDD, GDI, Intel, MVV, RTU, SSE, UCD, UOXF & VTT) were in Riga on 24th and 25th February for the Latvian Launch of the RealValue Project and a six-monthly Consortium Meeting kindly hosted by our partners in the Faculty of Power and Electrical Engineering at Riga Technical University.

RealValue is the first international project involving Latvian partners to explore the use of SETS (Smart Electric Thermal Storage) heating in an open electricity market with advanced ICT.  The Latvian Project Launch on the 24th was an opportunity to present RealValue to local stakeholders including Latvian government officials, academics and industry representatives.  Olegs Linkevics (RTU) gave a presentation on the SETS technology and its deployment in Latvia.  This was followed by overviews of the RealValue trials in Ireland and Germany.  The event was rounded off with a lively Q&A session.

The Project Consortium Meeting which took place the following day was an internal session allowing project partners to discuss progress so far and share experience.  The Project Management Office gave an update on key developments to date.  The respective Work Package leaders made presentations on the Communication & Aggregation Technology, Modelling, Consumer Engagement, Market Analysis and Project Dissemination.  Finally there were presentations on the demonstrations in Ireland, Germany and Latvia including an interactive workshop which allowed partners to share learnings from the deployment so far.

Thank you to all of our partners who attended and contributed actively to the sessions to make for a very productive two days – we look forward to the next Consortium in Mannheim, Germany in October 2016!

RealValue Latvia Project Launch  - Q&A session

RealValue Latvia Project Launch - Quantum demo


In Germany, the RealValue consortium has started its preparations for a comprehensive study of the potential of Smart Electric Thermal Storage Systems (SETS) as a flexibility option for the power market.

Click here to download the newsletter.

800 Smart Electric Thermal Storage Systems to be installed in Irish homes

THE RealValue consortium, led by Glen Dimplex and consisting of 13 Pan-European companies, has just released details on how the RealValue research and innovation project, consisting of 1,250 homes in Ireland, Germany and Latvia, has the potential to revolutionise how consumers use and store energy via their homes. 

A €15.5m European energy storage project, funded by Horizon 2020** (€12m EC funding), RealValue has been designed to accelerate innovation and develop business models necessary for use of small-scale energy storage in residential homes.

Crucial to the success of the RealValue consortium*** is the involvement of all 13 partners who represent the entire energy supply chain -  including ESB Networks, EirGrid, Glen Dimplex, SSE Airtricity, Intel and the Electricity Research Centre at University College Dublin – who will collectively deliver a 36-month large scale pilot study, across five EU member states.

“It is this collective effort to further push the boundaries in renewable technology that has the potential for RealValue to be a real game changer. By involving the entire energy supply chain, RealValue will produce a robust study that will be instrumental in developing business models that quantify the potential of small-scale storage moving forward.

“RealValue will help to shape ground-breaking new ways for consumers to store and use renewable energy in their homes, via their heating system, and for energy companies to realise Demand Side Management,” explains RealValue Business Director, Rowena McCappin. 

At the launch, held in Croke Park and attended by renewables experts and consortium partners, it was also announced that around 200 Irish homes have already been installed with Glen Dimplex Quantum storage heaters and Quantum cylinders. In total, 800 Quantum energy systems (Smart Electric Thermal Storage Systems - SETS) will be installed in Ireland, with 400 homes identified in Germany and the remaining 50 homes and small businesses being recruited in Latvia.

The Quantum energy system combines efficient, high-performance electric space and water heating with thermal energy storage capability. It’s the development of residential energy storage that could transform how consumers store, consume and are paid for renewable energy in the future.

Sean O’Driscoll, Chairman and Chief Executive, Glen Dimplex, explained the company’s involvement in RealValue and how Glen Dimplex has built a low carbon business worth €50m by investing in R&D, manufacturing and commercial activities.

“The Glen Dimplex Group has invested heavily in ‘demand side management’ technologies in the last five years, including the development of Quantum, our biggest-ever investment in one piece of technology.

“To address the energy challenges faced by global society in the 21st century, we must work together with utility and technology partners, creating strategic alliances, to fast-track innovation. RealValue presents us with an opportunity, through these physical demonstrations in Ireland, Germany and Latvia, to generate results that will inform the energy landscape of the future. We intend to present the results of the project to policy decision makers, helping to inform EU regulation,” comments Mr O’Driscoll.

Since launching the Quantum System in 2012 Glen Dimplex has achieved sales of more than 40m Euro and the business is growing every month. 5m Euro has been invested in RealValue in addition to the H2020 funding as the company strives to spread its low carbon, energy efficiency benefits to other markets.

Linking the Quantum systems to energy providers, Intel has developed a highly-advanced technology. The smart system will also interpret data to forecast heat demand and consumer comfort preferences, and it will interact with the grid to manage supply and congestion.

From the RealValue consortium, Professor of Electrical Engineering and Director Energy Institute, University College Dublin, Professor Mark O’Malley comments;

“RealValue is an excellent example of a collaboration between Academia and Industry across Europe to deliver on the Integrated Energy System at the core of the SET Plan. The UCD Energy Institute and Electricity Research Centre are delighted to be a partner in this ground breaking Project and to bring its expertise in power system modelling to the Consortium.”

Partners in the consortium working to validate the model at large scale are the Electricity Research Centre at University College Dublin, DIW (the German institute for economic research), the University of Oxford and VTT, one of Europe’s largest energy research centres.

RealValue will run for 36 months and it is anticipated that the resulting benefits will include cost savings, reduction of CO2 emissions and improvements in the flexibility and reliability of power systems across the globe. For further information on RealValue,

* Smart Electric Thermal Storage System (SETS)
** Horizon 2020 is part of the EU Framework Programme for Research and Innovation. It’s the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020). It will deliver breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.
*** The RealValue consortium is a unique collaboration between public, private and academic institutions. Its members are: EirGrid, ESB Networks, SSE Airtricity, Glen Dimplex, Glen Dimplex Deutschland, Intel®, Oxford University, BEEGY, VTT, Riga Technical University (Latvia), MVV Energie, DIW Berlin and the UCD Energy Institute incorporating ERC - the Electricity Research Centre. 

About Glen Dimplex:
- Founded in 1973, Glen Dimplex is a leading international group, with annual revenues in the region over one billion Euro and over eight thousand employees across four continents.
- Glen Dimplex is the world’s largest manufacturer of electrical heating products and also holds significant market positions in domestic appliances, cooling, ventilation and renewable energy solutions.

All projects under H2020 LCE6-LCE10 2014 Call are cooperating through regular common workshops, exchange of non-confidential reports, etc.

Four Working Groups were identified as follows:
- Data Management
- Business Models
- Regulation
- Customer Engagement

Projects will contribute to the Working Groups which are relevant to them and will involve people who will be in charge of the same specific tasks in their project. The RealValue project is involved in all four working groups and first set of meetings were held in September - October 2015 in Brussels.

Social Media to be launched in December 2015.

RealValue social media channels are currently in development with the project’s creative agency and will be ready in December 2015.

The project will start with a Twitter account, LinkedIn and YouTube channel. All social media channels will allow for dialogue between the RealValue project and many of the key stakeholders by encouraging feedback and interaction on various aspects of project activity.

Berlin, 21st and 22nd September 2015, DIW Berlin, Mohrenstrasse 58

The aim of this workshop was to explore improvement potentials and interactions in storage and renewable energy technologies, demand side management, e-mobility, and energy efficient housing stock.

To gather insights relevant to the RealValue project, experts were invited to share their opinion on technological and cost potentials, drivers and risks. On the second day of the RealValue Workshop, the project partners discussed how to model the electricity market and the potential contribution of SETS. DIW condensed the contributions to the workshop in an online document for project contributors to discuss. After a four weeks discussion process, these contributions will inform the output of the work package.

Bracing for change: recipes for a consumer's new deal.

On the 2nd December 2015, Glen Dimplex presented the RealValue Project at the Eurelectric Event ‘Bracing for change: recipes for a consumer’s new deal’.

The event took place in Brussels and it brought together senior industry leaders to discuss how utility companies are radically changing their business model towards enhanced customer service, innovative products and added-value solutions. The event was attended by over 100 delegates from a wide range of public and commercial organisations from the EU energy sector who were given insights into retail companies’ strategies and a place to debate - with EU policymakers, regulators and consumer representatives – the necessary adjustments to the existing regulatory framework.

Eurelectric has launched it's new INNOVATION mini website and the RealValue Project has been selected to contribute to this exciting new initiative from the Retail Unit of Eurelectric.

RealValue is contributing to and being promoted in the following areas:

- Innovative price structures & demand response
- Smart homes & smart living
- Storage

For further information please go to:

Coordinators, Chairs and Rapporteurs met for two days in Brussels to discuss the initial findings of the four Working Groups and to share these experiences and information with DG Energy and INEA.

During these meetings the BRIDGE Cooperation Group was established. This group consists of all the Chairs and Rapporteurs of the four Joint Working Groups. This group will meet every six months.

The main objective of this group is to create a Knowledge Transfer Sharing Platform and to ensure consistency between Working Groups.

The RealValue project kicked off with a meeting at the Office of the Northern Ireland Executive in Brussels on the 1st July.

The meeting spread over two days and had a great turnout with all partners attending, totalling thirty one people on both days. Our EC Project Manager from INEA also dropped in on the second day and was impressed by the sessions he participated in. We would like to thank all Partners for their support during the Kick off Meeting and the preparation carried out.

On 23 September 2015, Glen Dimplex participated in ShowCASE event organised by the Centre for Advanced Sustainable Energy (CASE).

The aim of the event was to provide information of how to access £1.5m of funding for R&D collaboration in the sustainable energy sector and to hear from projects already under way in the thriving sustainable energy sector in Northern Ireland. Rowena McCappin, the Project Director of Glen Dimplex was invited to present the RealValue Project which is funded under the H2020 Research and Innovation Programme. For more information please go to CASE website

The Sustainable Energy Authority of Ireland (SEAI) recently produced the booklet on the various project cases supported under FP7 and H2020.

The ‘Building on Ireland’s energy research performance’ booklet was launched at the Energy Work programme Info day on 30th September in Dublin.

This publication include a number of projects illustrating the diversity of Irish participation in EU research which ranges from ocean energy systems to concentrated solar power to integrated design and community engagement. This research and innovation has been enabled through the EU research programmes Under Horizon 2020. One of the success story in this publication is the RealValue project. For more information please go to the website

Download H2020 Report

DRIVING change in the energy sector, a European consortium with world-leading Irish expertise has received the first phase of approval for a €12million (£9.5million) grant from the European Commission’s Horizon 2020* fund.

The research and innovation grant will bring to fruition a large scale pilot study into the future of small-scale energy storage, and will see thousands of Portadown-manufactured Glen Dimplex Quantum energy systems installed throughout Europe.

The twelve-strong RealValue consortium** is unique in that it encompasses the entire energy supply chain, including many of the major players in the Irish energy sector   - Glen Dimplex, SSE Airtricity, ESB Networks, EirGrid, Intel and the Electricity Research Centre at University College Dublin.

Commencing in April 2015, RealValue will involve the installation of Glen Dimplex Quantum energy systems into 1250 homes, 100 of which will be in Northern Ireland. The study will also include 700 homes in Ireland with the remaining pilot homes situated in Germany and Latvia. 

Replacing traditional storage heaters, the Quantum energy system combines efficient, high-performance electric space and water heating with thermal energy storage capability. It was launched in 2013 as a result of the biggest-ever investment by Glen Dimplex in one piece of technology, and Research and Development for Quantum was driven by Glen Dimplex subsidiary – GDC Portadown.

With RealValue, the Quantum systems will be linked to energy providers via highly-advanced technology, developed by Intel.  The smart system will also interpret data to forecast heat demand and consumer comfort preferences, and it will interact with the grid to manage supply and congestion.

Explaining the rationale and importance of RealValue, Chairman of Glen Dimplex, Mr Sean O’Driscoll commented:
“RealValue involves testing pioneering technology on a large scale to accelerate innovation. It’s the first large testing of this game-changing new model for renewable energy storage and will be instrumental in developing business models to quantify the potential of small scale storage moving forward.
“We are confident that RealValue will be a catalyst for change and we intend to present the results of the project to policy decision makers, helping to inform EU regulation.
RealValue is also a text book for collaboration in Northern Ireland, Ireland and within the EU, covering private and public sector enterprises working closely with academic research to deliver innovative business solutions of the future.”

From the RealValue consortium, Managing Director of SSE Airtricity, Stephen Wheeler added: 
“‘SSE Airtricity is delighted to be a key partner in this ground breaking initiative.  The project will enable Northern Ireland and Ireland to lead the way in integrating small scale storage, at individual house level. This has the potential to deliver real consumer benefit in the future as well as enabling more renewable energy to be produced on the island: creating jobs, reducing CO2 and actively contributing to long term sustainability and security of energy supply.”

It is anticipated that the resulting benefits from the RealValue project will include cost savings, reduction of CO2 emissions and improvements in the flexibility and reliability of power systems across the globe.

Partners in the consortium working to validate the model at large scale are the Electricity Research Centre at University College Dublin, DIW (the German institute for economic research), the University of Oxford and VTT, one of Europe’s largest energy research centres.

The RealValue project will continue until 2018, and through the implementation of the physical demonstrations and results from broader modelling tasks, it’s hoped that RealValue will be the catalyst in creating a greener future for how consumers use and store energy.

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