SMAP Energy named winner of EDI program’s second phase

SMAP Energy selected as Winner for European Data Incubator second phase, proceeds to final

BILBAO, 20th February 2020 – SMAP Energy was selected as one of the 8 winners of the European Data Incubator (EDI) EXPERIMENT phase round in Bilbao, Spain. SMAP Energy will proceed to the third and final EVOLVE phase where it will focus on exploring the commercial expansion of its project.

EDI is a Horizon 2020-funded program that focuses on facilitating the uptake of Big Data tools whilst increasing the technical and business skills of the selected start-ups/SMEs. 

SMAP Energy took part in EDI to solve the challenge set by Polish distribution systems operator ENERGA-OPERATOR SA: “Determining Load Profiles for Customers in the Indicated DSO Area based on Smart Meters”. As part of this program, SMAP Energy developed and demonstrated an application for determining load profiles for energy metering points in a DSO network area and tested numerous machine learning  models to accurately interpolate missing consumption data.

Although the study was conducted across a static dataset of approximately 2300 meters a with one-year history of hourly readings, with a few adjustments the application could easily be scaled to an operational scenario with live readings. The application can also be adapted to address other use cases in the DSO context such as anomaly detection, forecasting and device detection. 

Benefits of the EDI program include up to €100,000 in equity-free funding, mentoring, workshops, access to a free cloud environment, and the chance to connect with and be recognised by major European organizations.

Proceeding over several stages of competitive selection, EDI announced SMAP Energy as one of the final 8 winners from an initial application pool of 490 EU companies by comprehensively evaluating our solution from both technical and business standpoints. 

“We’d like to express our gratitude to the organizers, coaches, and partners and extend our congratulations to all the other winners.We look forward to joining the final EVOLVE phase in Berlin,” said SMAP Energy co founder Paul Monroe who managed the project. 

Further information about the EXPERIMENT phase can be found here.