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INteroperable Tools for nEtwork-aware, Ledger-based Local energy sharIng and flexibility manaGEment leveraging user engagemeNT

Project description

Sharing energy for a greener future

Reaching net-zero emissions by 2050 requires a massive increase in clean energy deployment. However, grid operators struggle to manage the growing number of distributed energy resources and citizens are not fully engaged in energy markets, especially peer-to-peer (P2P) trading. Existing regulations for energy communities are restrictive, limiting true P2P trading and investment opportunities. This slows down progress towards a more flexible and inclusive energy system. In this context, the EU-funded INTELLIGENT project will provide advanced P2P trading technology. It will demonstrate the benefits of secure, blockchain-based energy exchanges. The project aims to empower citizens and grid operators with tools to manage and share energy effectively, encouraging regulatory change across Europe.

Objective

To reach net-zero emissions by 2050, annual clean energy deployment needs to triple by 2030. Two major challenges hinder progress: grid operators lack the tools to manage distributed energy resources effectively, and citizens are not equipped to effectively participate in energy markets, particularly in peer-to-peer trading, which would foster individual investment in DERs. While the EU has established a legal framework for energy communities, its implementation has been restrictive, leading to energy communities based on predetermined, community-level prices and effectively peer-to-market rather than true P2P trading. The INTELLIGENT project will provide advanced P2P technology and demonstrate its benefits in 4 diverse EU communities to encourage regulators in EU member states to empower more advanced local energy sharing and trading. INTELLIGENT’s comprehensive P2P trading infrastructure includes interoperable decentralised energy exchange components, secure data exchange, and optimised trading and flexibility management for citizens and grid operators. These tools will be open source and protocol and regulation-agnostic, customisable for specific market requirements.The project leverages and extends the capabilities of the GSY DEX, an open-source P2P exchange software, which employs blockchain technology to enable grid-aware, secure, and automated exchange while fully accounting for network constraints. Innovations centres on a bottom-up, asset-based energy market design with sophisticated, AI/ML and blockchain-powered trading and flexibility mechanisms, supported by dynamic grid fee models and interoperability with grid operators, asset management and other related services. .
INTELLIGENT's goal is to advance P2P energy trading technology, making it more accessible, secure, and efficient to optimise the economic and environmental benefits for citizens, while supporting grid operators to better address grid stability and congestion management.

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Keywords

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-IA - HORIZON Innovation Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-CL5-2023-D3-03

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Coordinator

R2M SOLUTION SPAIN SL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 224 875,00
Address
CALLE CERVERA 59 1D
28033 Madrid
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 523 750,00

Participants (12)

Partners (3)

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