H2020 NOBEL GRID project, with a budget of € 14M, composed by 21 institutions from 11 countries and led by the company ETRA, has designed and developed new tools and business models to allow all smart grid and energy market stakeholders to benefit from a more secure and stable distribution network, promoting the integration of distributed renewable energy sources with greater participation of final consumers in the energy market.
As main ground-breaking objective of the project, NOBEL GRID provides solutions for all the actors in order to share the benefits of the Smart Grid in a fair, sustainable and efficient way. In this context, NOBEL GRID promotes, by means of new technologies and business models, collective schemes and community initiatives, giving more power and protection to the final consumer, contributing to a more competitive and well-functioning internal energy market.
All the project results have been deployed and demonstrated in real conditions in six pilot sites in six EU members’ states - Belgium, United Kingdom, Italy, Spain, Greece and Romania. NOBEL GRID has selected for the demonstration energy cooperatives and non-profit partners. The main advantage of this is the high level of investment these parties keep on grid innovation with regards to other electric profit companies, which guarantees their commitment for the rapid adoption of technologies benefitting their customers and society.