SMITH · SMart and Interoperable THermal network system development

The aim of SMITH innovation project is to design, develop, test under real life conditions and commercialise a novel productconsisting of a Smart and Interoperable Thermal Network for micro-industrial based on biomass sources.Unique Value Proposition of the product is based on: 1) provide industrial parks with the opportunity to reduce energy costsby promoting the cascade use and the highest efficient management of the heating infrastructure; 2) combine the centralisedmanagement of the system with an application for real time decision-making of the final users (including real timeconsumption, invoicing, decisions about the different temperature level options, head demand planning, etc); 3) clearlyforesee and plan before every product deployment the needed investment and infrastructure in order to assess the technicalfeasibility and profitability for both the consortium & customers; 4) design financial schemes based on energy servicecontracting that will avoid the industries to make investments for the new infrastructures; and, 5) reduce GHG emissions byusing renewable energies in industrial networks, most of them located close to urban areas.The SMITH strength vs natural gas source are: stable and lower price, better efficiency, more sustainable and flexible, highadaptation capacity to match consumption peaks vs users’ demand, better energy and temperatures management, highcontrol of industrial process, and stop and go more resourceful.The Feasibility Study will be focus on: a) assess the EU market needs in relation to the concrete product; b) select thecountries with the best conditions to start the commercialisation of the product, and draft the business strategy for eachcountry; c) profiling of customers in the target countries; d) obtain a direct feedback from consumers through a productconcept testing; and, e) set all the critical variables needed for the go-to-market decision, the business plan and for thecustomer validation in Phase 2.