STEPS – STorage of Energy & Power Systems in NWE
STEPS will strengthen the competitiveness of NWE innovative storage providers by using a user-centric, demand-driven approach to bring products closer to market. STEPS will drive down the time energy storage SMEs typically spend on technology demonstration before reaching market maturity from an average of 5 years to 1-2, while maintaining maximum commercial usability.
More than 50 future end-users of energy storage will be trained on using a new tool to model their e-storage need with direct links to a portfolio of 250-300 solution providers from NWE. In the long-term, this will position NWE as a leading storage player, gaining up to the 30% of the market with more than 120 new e-storage solutions commercialised and leading to the generation of >1,100 new jobs.
Total budget and ERDF share
EU funding € 3.04 m / Total Budget € 5.06 m