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Description
Loren Networks Ltd., an ICT and IoT specialist, aims to develop an innovative Electric Grid Control System (EGCS) within the scope of their strategic vision for 2021-2030. Their mission leverages their telecommunications experience to create, test, and launch this IoT solution for the energy sector. The primary objectives include positioning the EGCS as a leading innovative solution for greening the energy sector and expanding its presence internationally, especially in the EU and the Balkans. This project is underpinned by five key actions: manufacturing IoT customer devices, franchising for internationalization, leveraging NB-IoT network infrastructure, launching their IoT e-commerce platform, and strengthening partnerships with leading technology companies.
The project''s core aim is to create an innovative Electric Grid Control System (EGCS) using IoT technology for the intelligent control and monitoring of medium and low voltage energy networks and infrastructure. The system will offer real-time signaling, visualization, and event management for power cable status, environmental data, and cable parameters. It will be accessible through web-based applications, enhancing control and monitoring capabilities. The EGCS leverages IoT principles for accurate cable assessment, data analysis, and reliable monitoring, contributing to the digitalization of electricity networks. Key benefits include increased network reliability, reduced energy losses, extended cable lifecycles, and enhanced overall grid efficiency.
The project also has a strong bilateral component. The Project partner Heimdall power is innovative ,green company in Norway. It is working in the same field, but for the high voltage systems. The mutual interest is to develop the product, created and tested in the project in Bulgaria , Norway and internationally.