New Project “NOBEL – Neighbourhood Oriented Brokerage ELectricity and monitoring system”

The project "NOBEL – Neighbourhood Oriented Brokerage ELectricity and monitoring system", funded under the FP7 by the European Commission will start with the Kick-off-Meeting on Feb 25th and 26th 2010 in Valencia, Spain.
Europe and the rest of the world share common goals towards energy efficiency and sustainability. Improving energy efficiency addresses the key energy challenges of climate change, energy security and competitiveness. Distributed generation of energy coming from various vendors, even private homes, is a big challenge and, at the same time, a generator of new business opportunities for tomorrow’s power management systems.

The NOBEL project will build an energy brokerage system with which individual energy consumers can communicate their energy needs directly with both large-scale and small-scale energy producers, thereby making energy use more efficient. The brokerage system will use a middleware system to communicate relevant data and IPv6 technology to interconnect the middleware with sensors and energy meters on individual devices.