The project “Leonardo – Platform for predicting the production of RES electrical energy” has received EU co-financing under the Public Call FOR RECOVERY AND RESILIENCE WITH PILOT-DEMONSTRATION PROJECTS.

PROJECT NAME: Leonardo – Platform for predicting the production of RES electrical energy

PROJECT PARTNERS: MEDIUS, computer engineering and consulting, Ltd. HOLDING SLOVENE POWER PLANTS, Ltd. AKSON, business and information consulting, Ltd. Instrumentation Technologies, electronic instrumentation and signal processing products, Ltd.

DESCRIPTION: Leonardo – a big data platform with artificial intelligence for real-time, short-term, and long-term prediction of electricity production from photovoltaic power plants, is based on collecting data on key environmental parameters, computer vision for weather monitoring, and advanced machine learning algorithms. It addresses the main challenge hindering the broader use of renewable energy sources (RES).

PURPOSE AND OBJECTIVES: The purpose of the project is to develop a platform with artificial intelligence for real-time, short-term, and long-term prediction of electricity production from photovoltaic power plants with the aim of: i) reducing the consumption of non-renewable energy sources (coal-fired and gas-fired power plants) and CO2 emissions, which are used (in case of inaccurate production predictions) during sudden drops in production from renewable energy sources (RES).

PROJECT START: 1.1.2023

PROJECT END: 30.6.2025

EXPECTED TOTAL FINANCIAL VALUE: EUR 1,804,426.03

EXPECTED FUNDING AMOUNT: EUR 992,882.45

The investment is part of the measures of the Slovenian Recovery and Resilience Plan, funded through the “NextGenerationEU” mechanism. For more information on EU funds, visit: http://evropskasredstva.si/