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Using smart contracts and policies to reduce energy-related risk and inequality among households

Objective

To reduce carbon emissions, the green energy transition emphasizes incorporating variable renewable energy (VRE) sources and electrifying household energy consumption. This transition shifts households from being mere consumers to becoming producers and flexibility providers, playing a crucial in balancing VRE. The rise in energy prices due to the conflict in Ukraine has underscored a significant issue with this: while variable prices are vital for aligning demand with VRE supply, they also expose households to significant risks. These fluctuations contribute to inequality, as households' ability to absorb price shocks varies, which can undermine support for the transition. In 2023, 10.6% of European households struggled to keep homes warm, up from 6.9% in 2021, despite government measures like price caps. These interventions often lacked a solid data-driven foundation. To address these gaps, ENERPOL has developed an interdisciplinary research agenda focused on how households economically interact with energy systems during the green transition. This agenda will inform policies to mitigate inequality while preserving energy system efficiency.
ENERPOL unites academic institutions from nine European countries with 16 non-academic organizations, including private energy companies, regulatory bodies, and think tanks. These collaborations enable unique data access, linking income and wealth data with energy consumption patterns. This consortium tests smart contracts and new policies, merging academic disciplines like operations research, economics, and energy studies. ENERPOL aims to provide insights for legislation, such as the EU electricity market reform, enhancing energy justice and aligning with European policy goals. This holistic view promotes energy justice, advocating for energy as a critical service in line with the European Pillar of Social Rights and UN SDGs.

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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-TMA-MSCA-DN - HORIZON TMA MSCA Doctoral Networks

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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-MSCA-2024-DN-01

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Coordinator

NORGES HANDELSHOYSKOLE
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.

€ 679 864,32
Address
HELLEVEIEN 30
N-5045 Bergen
Norway

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Region
Norge Vestlandet Vestland
Activity type
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.

No data

Participants (7)

Partners (16)

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