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FOSTERING SOCIALLY INNOVATIVE AND INCLUSIVE STRATEGIES FOR EMPOWERING CITIZENS IN THE RENEWABLE ENERGY MARKET OF THE FUTURE

FOSTERING SOCIALLY INNOVATIVE AND INCLUSIVE STRATEGIES FOR EMPOWERING CITIZENS IN THE RENEWABLE ENERGY MARKET OF THE FUTURE

Objective

Realising an accelerated expansion of renewable energy will require a switch from centralised to decentralised energy production and greater social participation, together known as energy democracy. The increase in energy democracy and social equity will be an essential part of the clean energy transition. A transition that could represent one of the most fundamental social, economic and technical changes in modern history.

The most common businesses associated with social innovation in the renewable energy sector are Cooperatives, Aggregators and Crowdfunding platforms. These businesses facilitate consumers to take a more active role in the electricity system. Achieving sustained growth in energy democracy requires a better understanding of support structures for successful social innovation across technical, legal and economic systems. SocialRES aims to devise more effective ways of increasing social innovation leading to greater social acceptability as well as more durable governance arrangements and socioeconomic benefits.

Through research excellence and co-creation of knowledge with relevant stakeholders, SocialRES will develop socially innovative and inclusive strategies for the energy system of the future. SocialRES will supplement the existing fragmented data on social innovations with new understandings from businesses, end-users and stakeholders to provide a comprehensive evidence base for policy design. The project will employ innovative techniques such as a Peer to Peer (P2P) crowd-investing for renewable energy sources (RES) projects, P2P lending and P2P virtual RES energy aggregator platform.

The SocialRES team combines partners from a range of disciplines together with industry expertise to develop a comprehensive understanding of the strengths and limitations of the current renewable energy system to foster social innovation and to shape a roadmap for a future, more innovative and equitable system.
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Coordinator

WIRTSCHAFT UND INFRASTRUKTUR GMBH & CO PLANUNGS KG

Address

Sylvensteinstrasse 2
81369 Muenchen

Germany

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

EU Contribution

€ 302 500

Participants (12)

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ECOLE SUPERIEURE DES TECHNOLOGIES INDUSTRIELLES AVANCEES

France

EU Contribution

€ 230 380

FUNDACION CARTIF

Spain

EU Contribution

€ 172 000

BODENSEE STIFTUNG

Germany

EU Contribution

€ 243 750

ADELPHI RESEARCH GEMEINNUTZIGE GMBH

Germany

EU Contribution

€ 218 000

FONDAZIONE ICONS

Italy

EU Contribution

€ 276 250

THE PROVOST, FELLOWS, FOUNDATION SCHOLARS & THE OTHER MEMBERS OF BOARD OF THE COLLEGE OF THE HOLY & UNDIVIDED TRINITY OF QUEEN ELIZABETH NEAR DUBLIN

Ireland

EU Contribution

€ 305 100

I-ENER

France

EU Contribution

€ 93 000

ENERGETICA S COOP

Spain

EU Contribution

€ 67 437,50

POWER PARITY LDA

Portugal

EU Contribution

€ 137 452,50

ABUNDANCE INVESTMENT LTD

United Kingdom

EU Contribution

€ 128 278,75

REGIONALNA ENERGETSKA AGENCIJA SJEVEROZAPADNE HRVATSKE

Croatia

EU Contribution

€ 73 500

TRACTEBEL ENGINEERING SA

Romania

EU Contribution

€ 196 550

Project information

Grant agreement ID: 837758

Status

Ongoing project

  • Start date

    1 May 2019

  • End date

    31 August 2022

Funded under:

H2020-EU.3.3.6.

  • Overall budget:

    € 2 444 198,75

  • EU contribution

    € 2 444 198,75

Coordinated by:

WIRTSCHAFT UND INFRASTRUKTUR GMBH & CO PLANUNGS KG

Germany