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Local Electricity retail Markets for Prosumer smart grid pOWER services

Objective

The aim is to explore and develop an integrated ICT solution to support the development of an electricity local market place and innovative business models, including operational methods to encourage micro-generation with renewable resources and participation of consumers and prosumers. The creation of incentives for all players would allow for exploiting the latent flexibility of the user-side of the electricity distribution net. This would greatly enhance the benefits of distributed renewable resources and enhance the impact and sustainability of demand-response programs. A local electricity market approach supported by innovative ICT platforms can operate effectively in a synchronized way with the overall energy system and market. The solution will create a shared engagement of local supply alleviating the traditional DSO’s need to invest in centralized sourcing.
The proposal’s integrated ICT real-time platform would be able to manage trading, metering and management of electricity flow according to the transactions completed within the local market and beyond its boundaries. EMPOWER follows a micro-grid approach where energy flow is controlled by devices that are managed by a cloud-based management module. The management module also supports the trading that is handled by customizable software agents. Aggregation of contributions from the user community, metering, credit assignments, predictions and strategy maintenance would be aligned to different business models. A real-time communication module links the management part with the micro-grid control and household devices assigned to an integrated demand-response regime.
EMPOWER will be tested at three representative locations across Europe, to prove that a ICT-supported local market approach would be accepted by consumers and prosumers, ensuring the required engagement and benefits to establish a highly efficient self-adaptive market solution able to balance supply and demand effectively at local level.

Field of science

  • /social sciences/economics and business/economics/sustainable economy
  • /social sciences/economics and business/business and management/commerce
  • /social sciences/economics and business/business and management/business model
  • /social sciences/economics and business

Call for proposal

H2020-LCE-2014-3
See other projects for this call

Funding Scheme

IA - Innovation action

Coordinator

Schneider Electric Norge AS
Address
Sandstuveien 68
0680 Oslo
Norway
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 708 750

Participants (7)

SMART INNOVATION NORWAY AS
Norway
EU contribution
€ 1 635 624,99
Address
Hakon Melbergs Vei 16
1783 Halden
Activity type
Research Organisations
ESMART SYSTEMS AS
Norway
EU contribution
€ 731 915,63
Address
Hakon Melbergs Vei 16
1783 Halden
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
FREDRIKSTAD ENERGI NETT AS
Norway
EU contribution
€ 350 000
Address
Stabburveien 18
1617 Fredrikstad
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
UNIVERSITAET ST. GALLEN
Switzerland
EU contribution
€ 0
Address
Dufourstrasse 50
9000 St Gallen
Activity type
Higher or Secondary Education Establishments
UNIVERSITAT POLITECNICA DE CATALUNYA
Spain
EU contribution
€ 552 392,50
Address
Calle Jordi Girona 31
08034 Barcelona
Activity type
Higher or Secondary Education Establishments
MALTA INTELLIGENT ENERGY MANAGEMENT AGENCY
Malta
EU contribution
€ 152 750
Address
9C Triq Mikiel Anton Vassalli
VLT 1310 Valletta
Activity type
Other
NEWEN PROJECTS GMBH
Germany
EU contribution
€ 298 375
Address
Cuxhavener Strasse 42/44
28217 Bremen
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)