Project description DEENESFRITPL Flexibility market platform based on blockchain and IoT paves the way for smart energy grids Transactive energy is a new kind of energy market, operated by consumers, which will change the way energy is generated and consumed. Blockchain technology would serve as an ideal platform for the transactive electricity market, helping to ensure that diverse assets on the grid work together. It also allows the IoT to share information efficiently, reliably and securely. The EU-funded PARITY project is working on a local flexibility market platform that seamlessly integrates IoT and blockchain technologies. The solution also includes active network management tools to address the present ‘structural inertia’ of the distribution grid. PARITY’s solution is expected to increase grid durability and efficiency, facilitating penetration of renewable energy sources in the electricity energy mix beyond 50 %. Show the project objective Hide the project objective Objective PARITY addresses the “structural inertia” of existing distribution grids by delivering a transactive grid & market framework that will increase the durability and efficiency of the electrical grid and facilitate the penetration of RES beyond 50% of the generation mix in the distribution network.PARITY will go beyond the traditional “top-down” grid management practices by delivering a unique local flexibility market platform through the seamless integration of IoT and blockchain technologies. By delivering a market for automated flexibility exchange based on smart contracts & blockchain, PARITY will facilitate efficient and transparent local flexibility transactions and reward flexibility in a cost-reflective and symmetric manner, through price signals of higher spatio-temporal granularity based on real-time grid operational constraints and available DER flexibility. Secondly, by deploying State-of-the-Art IoT technologies PARITY will offer distributed intelligence (DER profiling) and self-learning/self-organization capabilities (automated real-time distributed control), orchestrated by the cost-reflective flexibility market signals generated by the blockchain market platform. Within PARITY, DERs will form dynamic clusters that essentially comprise self-organized networks of active DER nodes that will efficiently distribute and balance global and local intelligence, enabling real-time aggregated & P2P transactions through enhanced forecasting, optimization and control of DER flexibility. Finally, the PARITY solution includes novel tools for Active Network Management, including an innovative STATCOM and PQ monitoring device, that will enable the DSO to enhance its management capabilities, grid observability and RES hosting capacity.The PARITY solution will be demonstrated in 4 pilot sites around the EU (ES, CH, SE & ES) to validate its effectiveness across climatic, cultural and techno-regulatory conditions. Fields of science natural sciencescomputer and information sciencesinternetinternet of thingsengineering and technologyenvironmental engineeringenergy and fuelsrenewable energyengineering and technologyelectrical engineering, electronic engineering, information engineeringelectrical engineeringpower engineeringelectric power distributionnatural sciencescomputer and information sciencescomputer securitycryptographysocial scienceseconomics and businessbusiness and management Programme(s) H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme H2020-EU.3.3.4. - A single, smart European electricity grid Topic(s) LC-SC3-ES-1-2019 - Flexibility and retail market options for the distribution grid Call for proposal H2020-LC-SC3-2018-2019-2020 See other projects for this call Sub call H2020-LC-SC3-2019-ES-SCC Funding Scheme IA - Innovation action Coordinator ETHNIKO KENTRO EREVNAS KAI TECHNOLOGIKIS ANAPTYXIS Net EU contribution € 817 500,00 Address Charilaou thermi road 6 km 57001 Thermi thessaloniki Greece See on map Region Βόρεια Ελλάδα Κεντρική Μακεδονία Θεσσαλονίκη Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Participants (21) Sort alphabetically Sort by Net EU contribution Expand all Collapse all FUNDACION CIRCE CENTRO DE INVESTIGACION DE RECURSOS Y CONSUMOS ENERGETICOS Spain Net EU contribution € 541 250,00 Address Parque empresarial dinamiza, avda. de ranillas, 3d 50018 Zaragoza See on map Region Noreste Aragón Zaragoza Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 EDEX - EDUCATIONAL EXCELLENCE CORPORATION LIMITED Cyprus Net EU contribution € 195 037,50 Address Makedonitisas avenue 46 1700 Nicosia See on map Region Κύπρος Κύπρος Κύπρος Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 83 587,50 HYPERTECH (CHAIPERTEK) ANONYMOS VIOMICHANIKI EMPORIKI ETAIREIA PLIROFORIKIS KAI NEON TECHNOLOGION Greece Net EU contribution € 520 843,75 Address 32 perikleous street 15232 Chalandri athina See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Αττική Aττική Βόρειος Τομέας Αθηνών Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 223 218,75 MERIT CONSULTING HOUSE Participation ended Belgium Net EU contribution € 42 950,05 Address Avenue de fre 265 1180 Uccle See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 18 407,16 CUERVA ENERGIA SLU Spain Net EU contribution € 290 326,53 Address Santa lucia 1-k 18194 Churriana de la vega See on map Region Sur Andalucía Granada Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 124 425,66 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. TURNING TABLES SOCIEDAD LIMITADA Spain Net EU contribution € 44 132,59 Address Churriana de la vega- calle santa lucia 1k 18194 Granada See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Sur Andalucía Granada Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 18 913,97 SISTEMAS URBANOS DE ENERGIAS RENOVABLES SL Spain Net EU contribution € 241 171,79 Address Calle coso 34 5a planta 50004 Zaragoza See on map Region Noreste Aragón Zaragoza Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 103 359,34 BUILDING FACILITY SERVICES PAROCHIYPIRESION ANONYMI ETAIREIA Greece Net EU contribution € 576 712,50 Address Irodou attikou 12a 151 24 Marousi See on map Region Αττική Aττική Βόρειος Τομέας Αθηνών Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 247 162,50 DIACHEIRISTIS ELLINIKOU DIKTYOU DIANOMIS ELEKTRIKIS ENERGEIAS AE Greece Net EU contribution € 285 250,00 Address Perraivou 20 kallirrois odos 5 117 43 Athina See on map Region Αττική Aττική Κεντρικός Τομέας Αθηνών Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 122 250,00 CHECKWATT AB Sweden Net EU contribution € 534 800,00 Address Marketenterivagen 1 415 28 Goteborg See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Södra Sverige Västsverige Västra Götalands län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 229 200,00 E.ON ENERGILOSNIGAR AKTIEBOLAG Participation ended Sweden Net EU contribution € 257 097,75 Address Carl gustafs väg 1 217 42 Malmo See on map Region Södra Sverige Sydsverige Skåne län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 110 184,75 AZIENDA ELETTRICA DI MASSAGNO (AEM) SA Switzerland Net EU contribution € 512 750,00 Address Via lisano 3 6900 Massagno See on map Region Schweiz/Suisse/Svizzera Ticino Ticino Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 219 750,00 SCUOLA UNIVERSITARIA PROFESSIONALE DELLA SVIZZERA ITALIANA Switzerland Net EU contribution € 341 250,00 Address Stabile le gerre 6928 Manno See on map Region Schweiz/Suisse/Svizzera Ticino Ticino Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 HIVE POWER SA Switzerland Net EU contribution € 469 000,00 Address Via cantonale 18 6928 Manno See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Schweiz/Suisse/Svizzera Ticino Ticino Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 201 000,00 E7 ENERGIE MARKT ANALYSE GMBH Austria Net EU contribution € 464 625,00 Address Walcherstrasse 11/43 1020 Wien See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Ostösterreich Wien Wien Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 199 125,00 QUE TECHNOLOGIES KEFALAIOUCHIKI ETAIREIA Greece Net EU contribution € 282 625,00 Address 62 andrea papandreou street 152 32 Chalandri attikis See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Αττική Aττική Βόρειος Τομέας Αθηνών Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 121 125,00 UNIVERSIDAD DE LA IGLESIA DE DEUSTO ENTIDAD RELIGIOSA Spain Net EU contribution € 232 187,50 Address Avenida de las universidades 24 48007 Bilbao See on map Region Noreste País Vasco Bizkaia Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 MERIT CONSULTING HOUSE - OLOKRIROMENES SYMVOULEFTIKES IPIRESIES EPIXEIRISEON IDIOTIKI KEFALAIOUXIKI ETAIREIA Greece Net EU contribution € 257 174,95 Address Doukissis plakentias 3 152 34 Chalandri See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Αττική Aττική Βόρειος Τομέας Αθηνών Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 110 217,84 E.ON ENERGIINFRASTRUKTUR Sweden Net EU contribution € 238 589,75 Address Carl gustafs vag 1 205 09 Malmo See on map Region Södra Sverige Sydsverige Skåne län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 102 252,75 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. SOLAR SUPPLY SWEDEN AB Sweden Net EU contribution € 3 281,25 Address Meyers plan 5 374 33 Karlshamn See on map Region Södra Sverige Sydsverige Blekinge län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 1 406,25 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. EMG ENERGIMONTAGEGRUPPEN AB Sweden Net EU contribution € 3 281,25 Address Meyers plan 5 374 33 Karlshamn See on map Region Södra Sverige Sydsverige Blekinge län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 1 406,25