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An Integrated Platform for Incresed FLEXIbility in smart TRANSmission grids with STORage Entities and large penetration of Renewable Energy Sources

Objective

FLEXITRANSTORE project shall develop a next generation of Flexible Energy Grid (FEG), which provides the technical basis to support the valorisation of flexibility services, enhancing the existing European Internal Energy Market (IEM). This FEG addresses the capability of a power system to maintain continuous service in the face of rapid and large swings in supply or demand, whatever the cause. Thus, a wholesale market infrastructure and new business models within this integrated FEG should be upgraded to network players, incentivize new ones to join, while demonstrating new business perspectives for cross border resources management and energy trading. The strategic objectives of FLEXITRANSTORE are: to enhance and accelerate the integration of renewables into European energy systems and to increase cross border electricity flows across Europe. Flexibility is one of the keys to meeting these strategic objectives. A range of state-of-the-art ICT technologies / control improvements will be exploited to enhance the flexibility of this novel energy grid while increasing the utility of the existing infrastructure by integrating storage and demand response management. From a market perspective, state-of-the-art ICT technologies / control improvements will be applied to develop an enhanced market model on an integrated platform, for flexibility services and to support cross border auctioning and trading of energy. The FEG components and the digital market infrastructure will be deployed in 8 Demonstrations which will take place in 6 countries (Greece, Bulgaria, Cyprus, Slovenia, Belgium, Spain), focusing on illustrating specific functions and serving real needs and existing challenges.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

IA - Innovation action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-LCE-2016-2017

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Coordinator

EUROPEAN DYNAMICS BELGIUM
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 572 142,98
Address
67 RUE DE LA LOI
1000 Bruxelles / Brussel
Belgium

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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
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 2 842 693,54

Participants (33)

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