Objective
FLEXCoop introduces an end-to-end Automated Demand Response Optimization Framework. It enables the realization of novel business models, allowing energy cooperatives to introduce themselves in energy markets under the role of an aggregator. It equips cooperatives with innovative and highly effective tools for the establishment of robust business practices to exploit their microgrids and dynamic VPPs as balancing and ancillary assets toward grid stability and alleviation of network constraints.
Optimization in FLEXCoop applies to multiple levels. It spans local generation output, demand and storage flexibility, as well as the flexibility offered by EVs to facilitate maximum RES integration into the grid, avoidance of curtailment and satisfaction of balancing and ancillary grid needs. This is achieved via automated, human-centric demand response schemes with the participation of appropriately selected residential prosumers. To enhance prosumer acceptance, the FLEXCoop innovative services will feature non-intrusiveness, comfort and well-being preservation, non-violation of prosumer daily schedules as well as maximization of benefits through transparent and open participation in markets. It will also guarantee easy switching between DR service providers, vendor lock-in avoidance, customized DR service contracts and objective settlement and remuneration, thus establishing an energy democracy context and empowering prosumers to become active energy market players. FLEXCoop brings together a wide range of baseline technologies to build an open and interoperable DR optimization framework, including a fully-fledged tool suite for energy cooperatives (aggregators) and prosumers involved in the DR value chain, ensuring: (i) DR stakeholders empowerment and transformation into active market players, (ii) end-to-end interoperability between energy networks, energy management systems and devices and (iii) the realization of new business models for energy cooperatives.
Fields of science
- humanitiesartsarchitectural design
- social scienceseconomics and businessbusiness and managementinnovation management
- social sciencespolitical sciencesgovernment systemsdemocracy
- social scienceseconomics and businessbusiness and managementbusiness models
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringcontrol systemshome automation
Programme(s)
Funding Scheme
RIA - Research and Innovation actionCoordinator
80686 Munchen
Germany
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Participants (15)
46014 Valencia
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15232 Chalandri Athina
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
2800 Kongens Lyngby
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Participation ended
SL4 1TG Windsor
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
50018 Zaragoza
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10000 Zagreb
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Participation ended
D24 Rathcoole
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
08034 Barcelona
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1030 Bruxelles
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17003 Girona
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
3528 AE Utrecht
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.
8111 BB Heeten
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
Participation ended
1180 Uccle
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
3013 Limassol
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
152 34 Chalandri
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.