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Democratizing energy markets through the introduction of innovative flexibility-based demand response tools and novel business and market models for energy cooperatives

Democratizing energy markets through the introduction of innovative flexibility-based demand response tools and novel business and market models for energy cooperatives

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.

Coordinator

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.

Address

Hansastrasse 27c
80686 Munchen

Germany

Activity type

Higher or Secondary Education Establishments

EU Contribution

€ 610 250

Participants (13)

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ETRA INVESTIGACION Y DESARROLLO SA

Spain

EU Contribution

€ 416 250

HYPERTECH (CHAIPERTEK) ANONYMOS VIOMICHANIKI EMPORIKI ETAIREIA PLIROFORIKIS KAI NEON TECHNOLOGION

Greece

EU Contribution

€ 441 875

DANMARKS TEKNISKE UNIVERSITET

Denmark

EU Contribution

€ 287 500

GRINDROP LIMITED

United Kingdom

EU Contribution

€ 275 000

FUNDACION CIRCE CENTRO DE INVESTIGACION DE RECURSOS Y CONSUMOS ENERGETICOS

Spain

EU Contribution

€ 267 500

KONCAR - INZENJERING ZA ENERGETIKUI TRANSPORT DD

Croatia

EU Contribution

€ 150 000

SUITE5 DATA INTELLIGENCE SOLUTIONS LIMITED

Ireland

EU Contribution

€ 6 731,45

CENTRE INTERNACIONAL DE METODES NUMERICS EN ENGINYERIA

Spain

EU Contribution

€ 261 250

RESCOOP EU ASBL

Belgium

EU Contribution

€ 267 500

SOM ENERGIA SCCL

Spain

EU Contribution

€ 194 510

ORGANISATIE VOOR HERNIEUWBARE ENERGIE DECENTRAAL

Netherlands

EU Contribution

€ 230 680

MERIT CONSULTING HOUSE

Belgium

EU Contribution

€ 290 000

SUITE5 DATA INTELLIGENCE SOLUTIONS LIMITED

Cyprus

EU Contribution

€ 280 143,55

Project information

Grant agreement ID: 773909

Status

Ongoing project

  • Start date

    1 October 2017

  • End date

    30 September 2020

Funded under:

H2020-EU.3.3.4.

  • Overall budget:

    € 3 979 190,21

  • EU contribution

    € 3 979 190

Coordinated by:

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.

Germany