The FlexCHESS project proposes cutting-edge solutions based on the digital twin concept, Virtual Energy Storage Systems (VESS), and Distributed Ledger Technology (DLT) to revolutionize existing energy storage practices. By aggregating Connected Hybrid Energy Storage Systems (CHESS), FlexCHESS aims to improve grid stability while increasing the profitability of installations by guaranteeing various ancillary services at both distribution and transmission network levels.
The primary objective of FlexCHESS is to create an open network of VESS to facilitate the integration of clean energy into the existing grid system, benefiting both consumers and the climate. The project will develop the FlexPlatform, a comprehensive digital twin engine, to support decision-making and the integration of new assets. Additionally, FlexCHESS will democratize access to hybrid energy storage systems through the CHESS-Plug, offering high interoperability and optimal representation of the VESS portfolio. By leveraging DLT, FlexCHESS will enhance flexibility trading, ensure traceability, and reduce intermediaries.
The value of FlexCHESS lies in guaranteeing a strict green VESS and minimizing energy curtailment by ensuring transparency and traceability of stored energy, alongside information sharing while protecting private data. The project embraces creativity and innovation to deliver flexibility services and the best practical outcomes, ultimately enhancing the innovation storage capacity and competitiveness of smart grids in Europe.