The independent experts evaluating the proposal commend +CityxChange for demonstrating and substantiating actions that will contribute to the wide scale roll out of Positive Energy Districts across Europe, with a convincing approach to make local governments an active and integral part of the energy solution, engaging citizens in the city transformation, and involving the entire district energy value chain, extending to high level policy makers and cities, universities, large enterprises, distributed network operators, SMEs, and not for profit organisations

“Smart cities is one of the fastest growing cross-sectorial arenas of innovation for IOTA. Building on our work and partnerships across mobility, energy or data marketplace, these smart city ecosystems bring it all together. The +CityxChange consortium gathers many public and private partners around an ambitious open innovation and co-creation initiative. This is 100% aligned to IOTA Foundation’s DNA and we can’t wait to get started.” Wilfried Pimenta, Head of Business Development at the IOTA Foundation.

“The IOTA Foundation is excited about the approval of the first official Horizon 2020 project in which we are actively participating. Being able to explore and demonstrate the utility of IOTA within the smart city context in numerous cities across Europe will be incredibly valuable going forward. The fact that NTNU, Norway’s largest university, is heading this effort is tremendous. We have had a good relationship with NTNU and the municipality of Trondheim for quite some time now, and the Foundation expects this collaboration to strengthen our bond and output. As a Norwegian I am personally ecstatic about this project.” David Sønstebø, Co-founder and Co-chairman of the IOTA Foundation.

The consortium project will receive 20 million Euros in funding by the European Research and Innovation programme Horizon 2020. In addition, some of the project partners add 10 million Euros of in-kind efforts to ensure the local implementation of the demonstration projects in Trondheim and Limerick. Expected project start is 1 January 2019.

For more information, please check the dedicated website http://cityxchange.eu or contact Wilfried Pimenta, Head of Business Development will@iota.org