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A Croatian tech company offering an advanced solution for monitoring, controlling and optimization of energy system is interested in commercial agreements for technical assistance, licensing and manufacturing arrangements

Summary

Profile Type
  • Technology offer
POD Reference
TOHR20241008010
Term of Validity
8 October 2024 - 8 October 2025
Company's Country
  • Croatia
Type of partnership
  • Commercial agreement with technical assistance
  • Investment agreement
  • Research and development cooperation agreement
Targeted Countries
  • All countries
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General information

Short Summary
Croatian innovative engineering SME with proven experience in the fields of industrial automation and power generation is actively seeking a robust long-term partnership with organizations specialized in energy technologies for commercial, industrial, and power systems. The company is dedicated to commercializing digital platform, designed for advanced forecasting and control of energy systems.
Full Description
A Croatian innovative company that specializes in the development and implementation of automatic control systems, leveraging its proven expertise in industrial automation and power generation within the energy and industrial sectors since its establishment has experienced consistent growth. In 2016, the company relocate to a larger facility in the heart of Zagreb where it continues to operate today. The company prioritize project-based work, which allows us to leverage our strengths and organizational skills effectively.

The mission of the company is a reflection of our core values and capabilities, aiming to be a dependable partner in executing projects that meet our clients' expectations. Equally important is our commitment to developing new products that facilitate broader applications of current and future engineering advancements.

Company offers a variety of services, including:

- Project Design;
- Software Engineering;
- Factory Testing;
- On-Site Testing

Their portfolio includes experience in the following technologies:

- Hydropower plants;
- Thermal power plants;
- Biomass/Cogeneration;
- Warehouse/Logistics;
- Food production

Also, the company provides a diverse range of products:

- Control systems for hydropower plants;
- An advanced server-based platform for optimization and control

The platform integrates communication and control modules to enhance the efficiency of industrial production facilities, particularly power plants and distributed energy systems. Its communication module centralizes a plant's data in a database, which is leveraged to optimize individual or collective processes through algorithms embedded in the application. A key advantage of the platform is its universality, allowing communication with various industrial protocols such as SIEMENS S7, Modbus, IEC 61850, and IEC 60870-5-104.

The optimization process is simplified by predefined templates for various process types, with necessary parameters retrieved from the central database. Users can interact with an intuitive graphical interface to select optimization problems, adjust parameters, and define the frequency of algorithm calls without needing to engage directly with complex optimization tools or additional software. This method greatly reduces the potential for errors and streamlines the process. Outcomes from the optimization modify set values for individual controllers automatically, thereby enhancing production efficiency further.

Moreover, the application collects near real-time measurement data at the process level, allowing for ongoing updates to the mathematical simulation model's parameters. This supports advanced control algorithms like Model Predictive Control (MPC), which use an internal process model to predict system behavior over future time steps. The control signal values can then be adjusted to closely align with set references. The parameters for the mathematical process model are identified through thorough analysis of the data archived in the central database. This continuous data storage also enables various capabilities for process analysis and simulation, allowing for improved decision-making and performance assessments.
Advantages and Innovations
The company possesses the subject-matter expertise, insights, and solutions necessary to assist our clients in achieving their objectives. Furthermore, with a multi-disciplinary team and over a decade of industry experience, we are a dependable partner focused on delivering targeted results.

In addition, the company strives to work project based because in this way we can utilize best of our abilities and organization skills:

- Delivering projects on time and within Budget;
- Combining skills of our multi-disciplinary Team;
- Optimization of our resources during the project execution;
- Optimizing design solutions to achieve best overall result on the project;
- Communication with all participants on the project to have a successful project;
- Coordination of sub-contractors and partners

Lastly, the company showcase a multidisciplinary team which seamlessly integrates expertise from both electrical engineering and computing. This collaboration fosters a unique synergy that drives innovation and enhances the development of advanced control systems. By leveraging their diverse skill sets, the team can tackle complex challenges, ensuring reliable solutions tailored to meet the evolving needs of their clients. Whether it's in automation or intelligent systems, organization commitment to quality and excellence positions them at the forefront of the field.
Stage of Development
  • Available for demonstration
Sustainable Development Goals
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 12: Responsible Consumption and Production
  • Goal 11: Sustainable Cities and Communities
IPR status
  • Secret know-how

Partner Sought

Expected Role of a Partner
The company is actively seeking long-term partnerships with established organizations in the energy technology sector that can effectively leverage energy efficiency optimization technology platform. Here are several practical use case applications across various sectors, along with a focus on partner market size as an important factor:

1. Commercial Buildings:

Use Cases:
Smart Building Technologies: Deploying IoT devices that adjust lighting, heating, and cooling dynamically based on occupancy and weather forecasts.

Building Energy Management Systems (BEMS): Implementing centralized systems that monitor and manage energy consumption across various building systems can optimize energy use.

Energy Audits and Retrofits: Collaborating on conducting energy audits and suggesting retrofits that could help in minimizing waste and enhancing building performance.

2. Distributed Energy Systems:

Use Cases:
Microgrid Solutions: Developing microgrids that combine renewable energy sources with energy storage systems can optimize local energy consumption and enhance resilience.

Demand Response Programs: Implementing technologies that allow distributed energy resources to adjust consumption based on grid needs can facilitate more efficient energy use.

Hydro power plant cascades:
Hydropower plants, particularly in a cascading system where multiple plants are situated along a river, can benefit significantly from optimization strategies aimed at enhancing energy efficiency, maximizing output, and ensuring sustainability.

3. Industrial Facilities:

Use Cases:
Predictive Maintenance: Using IoT sensors to predict equipment failures can not only prevent downtime but also improve energy efficiency in equipment operation.

Process Optimization Software: Implementing software that analyses production processes to identify inefficiencies and recommend optimization strategies.

4. Data Centers:

Use Cases:
Real-time Monitoring and Analytics: Implementing advanced analytics and machine learning/optimization to optimize cooling systems and energy usage.

Energy Management Software: Utilizing software platforms that integrate with existing hardware to analyze power usage effectiveness (PUE) metrics to streamline operations.

For partnership potential market size is important for several reasons as partners with a larger market presence can facilitate rapid scaling of energy efficiency solutions, ensuring a wider deployment and impact. Established partners often possess greater resources dedicated to research and development, fostering innovation that enhances energy technologies. Moreover, partner’s industry influence allows them to promote energy efficiency practices across various sectors, increasing visibility and driving adoption. Additionally, partners with a comprehensive market footprint can unlock collaborative opportunities within their networks, paving the way for significant advancements and operational synergies that can further propel technology platform commercialization.

Potential partners may include, but are not limited to, prominent leaders in the energy digitalization and transformation market, such as Schneider Electric, ABB, Siemens, and Johnson Controls. Additionally, there are numerous challengers and contenders within the energy digitalization and transformation sector across various domains that could benefit from utilizing the technology platform, as illustrated by the aforementioned potential use cases.
Type and Size of Partner
  • Big company
  • SME 50 - 249
Type of partnership
  • Commercial agreement with technical assistance
  • Investment agreement
  • Research and development cooperation agreement

Dissemination

Technology keywords
  • 03002 - Process Plant Engineering
  • 01003006 - Computer Software
  • 01003024 - Cloud Technologies
  • 01003025 - Internet of Things
  • 04002013 - Smart grids
Market keywords
  • 08002001 - Energy management
  • 02006005 - Big data management
  • 02007017 - Expert systems
  • 02006004 - Data processing, analysis and input services
  • 08002003 - Process control equipment and systems
Targeted countries
  • All countries