CORDIS
EU research results

CORDIS

English EN

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.
Leaflet | Map data © OpenStreetMap contributors, Credit: EC-GISCO, © EuroGeographics for the administrative boundaries

Coordinator

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.

Address

Hansastrasse 27c
80686 Munchen

Germany

Activity type

Research Organisations

EU Contribution

€ 616 766,11

Participants (13)

Sort alphabetically

Sort by EU Contribution

Expand all

ETRA INVESTIGACION Y DESARROLLO SA

Spain

EU Contribution

€ 416 065

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

Greece

EU Contribution

€ 568 100,69

DANMARKS TEKNISKE UNIVERSITET

Denmark

EU Contribution

€ 287 315

GRINDROP LTD

United Kingdom

EU Contribution

€ 123 703,80

FUNDACION CIRCE CENTRO DE INVESTIGACION DE RECURSOS Y CONSUMOS ENERGETICOS

Spain

EU Contribution

€ 267 315

KONCAR - INZENJERING ZA ENERGETIKUI TRANSPORT DD

Croatia

EU Contribution

€ 149 815

SUITE5 DATA INTELLIGENCE SOLUTIONS LIMITED

Ireland

EU Contribution

€ 6 731,45

CENTRE INTERNACIONAL DE METODES NUMERICS EN ENGINYERIA

Spain

EU Contribution

€ 261 065

RESCOOP EU ASBL

Belgium

EU Contribution

€ 267 834,50

SOM ENERGIA SCCL

Spain

EU Contribution

€ 204 267,50

ORGANISATIE VOOR HERNIEUWBARE ENERGIE DECENTRAAL

Netherlands

EU Contribution

€ 240 437,50

MERIT CONSULTING HOUSE

Belgium

EU Contribution

€ 289 815

SUITE5 DATA INTELLIGENCE SOLUTIONS LIMITED

Cyprus

EU Contribution

€ 279 958,45

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