CDTI Gives Grant Money to ENDESA
Spain's Ministry for Industry's Industrial Technological Centre (CDTI) will provide grant money to an ENDESA-led project, which was one of 42 projects presented at the second National Strategic Consortia for Technical Research (CENIT). ENDESA is a utility in the Spanish electricity system and a private-sector multinational electric utility in Latin America.
ENDESA's Denise project is an initiative to research the development of next-generation electricity distribution networks. With a budget of 30 million euros, Denise is a four-year project that aims to carry out research on distribution network intelligence and control focused primarily on ensuring the efficient management of supply and demand and the maintenance of a secure network. Led by ENDESA, the Denise consortium is made up of 12 companies and 7 research organizations.
In all, the Ministry decided to lend support to 15 of the 42 projects presented at CENIT, with an overall grant of 200 million euros spread over four years. The grant finances the equivalent of 50% of each project.
The inclusion of the Denise product marks the second ENDESA-led project to receive support from CDTI.
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