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Big Energy Data Value Creation within SYNergetic enERGY-as-a-service Applications through trusted multi-party data sharing over an AI big data analytics marketplace

Project description

Big Energy Data Platform and AI Analytics Marketplace for new viable solutions

There are many different systems and connected energy networks today. Also, many factors play a role in effective power systems optimisation. Information and new technologies offer the key competencies for sustainable, intelligent energy supply. The integration of data and synergy add crucial value to all related activities and offer new viable solutions. The EU-funded SYNERGY project will develop a Big Energy Data Platform and AI Analytics Marketplace. It will offer a novel reference Big Data space where the information from various energy-related sources such as IoT statistics, sensors and energy markets. It will also forge and enrich the AI. The new highly effective system will be demonstrated in five European countries.

Objective

The transition to the smart grid era is associated with the creation of a meshed network of data contributors that necessitates for the transformation of the traditional top-down business model, where power system optimization relied on centralized decisions based on data silos preserved by stakeholders, to a more horizontal one in which optimization decisions are based on interconnected data assets and collective intelligence. Consequently, the need for “end-to-end” coordination between the electricity stakeholders, not only in business terms but also in exchanging information is becoming a necessity to enable the enhancement of electricity networks’ stability and resilience, while satisfying individual business process optimization targets of all stakeholders involved in the value chain. SYNERGY introduces a novel reference big data architecture and platform that leverages data, primary or secondarily related to the electricity domain, coming from diverse sources (APIs, historical data, statistics, sensors/ IoT, weather, energy markets and various other open data sources) to help electricity stakeholders to simultaneously enhance their data reach, improve their internal intelligence on electricity-related optimization functions, while getting involved in novel data (intelligence) sharing/trading models, in order to shift individual decision-making at a collective intelligence level.
To this end SYNERGY will develop a highly effective a Big Energy Data Platform and AI Analytics Marketplace, accompanied by big data-enabled applications for the totality of electricity value chain stakeholders (altogether integrated in the SYNERGY Big Data-driven EaaS Framework). SYNERGY will be validated in 5 large-scale demonstrators, in Greece, Spain, Austria, Finland and Croatia involving diverse actors and data sources, heterogeneous energy assets, varied voltage levels and network conditions and spanning different climatic, demographic and cultural characteristics.

Call for proposal

H2020-DT-2018-2020

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Sub call

H2020-DT-2019-1

Coordinator

ETRA INVESTIGACION Y DESARROLLO SA
Net EU contribution
€ 906 718,75
Address
CALLE TRES FORQUES 147
46014 Valencia
Spain

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Region
Este Comunitat Valenciana Valencia/València
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 1 295 312,50

Participants (28)