Project description
Consumer-centred strategies for peer-to-peer energy sharing
Peer-to-peer (P2P) trading increases flexibility in the electricity system, enabling consumers to control their electricity consumption and pricing. The EU-funded U2Demo project aims to develop consumer-centred management strategies to encourage widespread participation in P2P trading and energy sharing. This collaboration brings together partners from eight countries working together to create open-source tools and platforms aligned with the principles of openness, technology neutrality, interoperability, replicability, reliability, security, trustworthiness and scalability. The project will test these strategies within at least four diverse energy communities to evaluate advanced P2P trading and energy-sharing tools. All activities will adhere to existing standards and be executed using blockchain to ensure credibility and traceability.
Objective
The U2Demo project aims to create innovative, consumer-centered management strategies that facilitate widespread participation in Peer-to-Peer (P2P) trading and Energy Sharing. This initiative will promote equitable and democratic access to sustainable energy resources. The collaboration brings together twenty partners, including associated partners, from eight countries, pooling their expertise to develop strategies that will be seamlessly integrated into open-source, non-proprietary tools and platform. These solutions align with principles of openness, technology neutrality, interoperability, scalability, replicability, reliability, security, and trustworthiness.
These strategies will undergo testing within at least four diverse Energy Communities, each characterized by unique attributes and governance models. The overarching objective is to assess advanced P2P trading and Energy Sharing tools, determine optimal implementation conditions, and consolidate the most promising solutions and associated business models.
The P2P trading and Energy Sharing tools will account for existing flexibility services managed by transmission and distribution system operators (TSOs, DSOs), including both implicit and explicit demand response (DR) programs, as well as dynamic capacity and price signals/contracts. The initiative strives to enhance coordination leveraging information exchange through existing dataspaces and middleware. Decision support algorithms will empower consumers and prosumers to actively engage in energy and flexibility services, promoting negotiation and collaboration among peers and stakeholders maximizing their benefits.
All interactions, offers, contracts, and coordination within P2P trading and Energy Sharing tools will adhere to existing and forthcoming standards, and will be executed using blockchain. This approach ensures the credibility and traceability of all activities conducted in P2P trading, ultimately fostering greater consumer engagement.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques.
- social sciencessociologygovernance
- natural sciencescomputer and information sciencescomputer securitycryptography
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Programme(s)
Funding Scheme
HORIZON-IA - HORIZON Innovation ActionsCoordinator
1000 029 Lisboa
Portugal
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Participants (16)
2685 039 Sacavem E Prior Velho Lisboa
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92200 Neuilly-Sur-Seine
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76131 Karlsruhe
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2400 Mol
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3000 Leuven
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75009 Paris
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
00144 ROMA
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
2685 038 Sacavem
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2595 DA Den Haag
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3110 Rotselaar
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1981 Zemst
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
2511 BT Den Haag
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50014 Fiesole
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831 02 Bratislava
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1040 Bruxelles / Brussel
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2560 275 Torres Vedras
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
Partners (3)
Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
6300 ZUG
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
3011 TA Rotterdam
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Partner organisations contribute to the implementation of the action, but do not sign the Grant Agreement.
40476 DUSSELDORF
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