01 Project name:
COSMOS
02 Summary:
Platform of Cloud-based Energy Demand Forecasting based on Machine Learning and Big Data
03 General data:
Description: Collaboration Challenges 2017 – COSMOS
Number of Dossier: RTC-2017-6289-3
Date of grant: 04/12/2018
Dates of execution: 01/06/2018 – 30/05/2020
04 Technical information on the project and objectives:
The objective of COSMOS is the development of a Big Data technology platform unique in the world. the market, allowing the collection and processing of massive amounts of data collected for its subsequent transformation into intelligence, which will allow to optimize energy efficiency decision making, by means of of making advanced forecasts about demand forecasting energy consumption. To this end, a model must be designed for forecasting the demand for energy consumption that can be dynamically adapted to changing in consumption automatically.
The forecasting of energy consumption demand will mean that the energy consumption of the marketing companies a determining factor in optimizing the quality of their products. decision making. However, this is a process that requires the and processing of huge amounts of data, so that most of the data is The sector’s companies do not have the tools, capacity, or the ability to method to be able to make this prediction. This situation of lack of technology in the marketplace causes these marketing companies to incur in severe deviations at the time of making the energy purchase offers, which impact on the cost overrun for the end consumer.
Currently there is an important technological gap in the sector, due to the non-existence of of available technologies that take advantage of the benefits of Big Data and Cloud Computing to increase energy efficiency.
Among the objectives are to promote technological development, innovation, and a quality research.
05 Project leader and partners:
– TECHNOLOGY SISTEMAS Y APLICACIONES SL (TECSISA, as project leader)
– ASIC XXI
– ITAINNOVA
06 FPC Program:
Challenges Collaboration 2017. Funded by: Ministry of Science, Innovation and Universities- State Research Agency/ COSMOS (RTC-2017-6289-3).
07 General and specific budget:
Budget bankable: 925,854.8
Budget ITAINNOVA fundable: 139750
08 General and specific subsidies and financing:
Subsidy project total: 139750
Loan total project: 314890.8
Grant to ITAINNOVA: 139750
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