Periodic Reporting for period 2 - EMPOWER (Local Electricity retail Markets for Prosumer smart grid pOWER services)
Período documentado: 2016-07-01 hasta 2018-04-30
The project's integrated ICT real-time platform would be able to manage trading, metering and management of electricity flow according to the transactions completed within the local market and beyond its boundaries. EMPOWER follows a microgrid approach where energy flow is controlled by devices that are managed by a cloud-based management module. The management module also supports the trading that is handled by customizable software agents. Aggregation of contributions from the user community, metering, credit assignments, predictions and strategy maintenance would be aligned to different business models. A real-time communication module links the management part with the micro-grid control and household devices assigned to an integrated demand-response regime.
EMPOWER will be tested at three representative locations across Europe, to prove that an ICT-supported local market approach would be accepted by consumers and prosumers, ensuring the required engagement and benefits to establish a highly efficient self-adaptive market solution able to balance supply and demand effectively at local level.