Pro-sumer AwaRe, Transactive Markets for Valorization of Distributed flexibilITY enabled by Smart Energy Contracts

Project description

Flexibility market platform based on blockchain and IoT paves the way for smart energy grids

Transactive energy is a new kind of energy market, operated by consumers, which will change the way energy is generated and consumed. Blockchain technology would serve as an ideal platform for the transactive electricity market, helping to ensure that diverse assets on the grid work together. It also allows the IoT to share information efficiently, reliably and securely. The EU-funded PARITY project is working on a local flexibility market platform that seamlessly integrates IoT and blockchain technologies. The solution also includes active network management tools to address the present ‘structural inertia’ of the distribution grid. PARITY’s solution is expected to increase grid durability and efficiency, facilitating penetration of renewable energy sources in the electricity energy mix beyond 50 %.

Fields of science

• engineering and technology › environmental engineering › energy and fuels › renewable energy
• natural sciences › computer and information sciences › internet › internet of things
• engineering and technology › electrical engineering, electronic engineering, information engineering › electrical engineering › power engineering › electric power distribution
• social sciences › economics and business › business and management › commerce

Programme(s)

• H2020-EU.3.3.4. - A single, smart European electricity grid

Topic(s)

• LC-SC3-ES-1-2019 - Flexibility and retail market options for the distribution grid

Call for proposal

H2020-LC-SC3-2019-ES-SCC
See other projects for this call

Funding Scheme

IA - Innovation action

Coordinator

ETHNIKO KENTRO EREVNAS KAI TECHNOLOGIKIS ANAPTYXIS

Address

Charilaou Thermi Road 6 Km
57001 Thermi Thessaloniki
Greece

Activity type

Research Organisations

EU contribution

€ 817 500

Participants (17)

FUNDACION CIRCE CENTRO DE INVESTIGACION DE RECURSOS Y CONSUMOS ENERGETICOS

Spain

EU contribution

€ 541 250

Address

Parque Empresarial Dinamiza, Avda. De Ranillas, 3D
50018 Zaragoza

Activity type

Research Organisations

EDEX - EDUCATIONAL EXCELLENCE CORPORATION LIMITED

Cyprus

EU contribution

€ 195 037,50

Address

Makedonitisas Avenue 46
1700 Nicosia

Activity type

Higher or Secondary Education Establishments

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

Greece

EU contribution

€ 520 843,75

Address

32 Perikleous Street
15232 Chalandri Athina

Activity type

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

MERIT CONSULTING HOUSE

Participation ended

Belgium

EU contribution

€ 42 950,05

Address

Avenue De Fre 265
1180 Uccle

Activity type

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

MONTAJES ELECTRICOS CUERVA S.L.

Spain

EU contribution

€ 334 459,12

Address

Santa Lucia 1-K
18194 Churriana De La Vega

Activity type

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

SISTEMAS URBANOS DE ENERGIAS RENOVABLES SL

Spain

EU contribution

€ 241 171,79

Address

Calle Coso 34 5A Planta
50004 Zaragoza

Activity type

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

BUILDING FACILITY SERVICES PAROCHIYPIRESION ANONYMI ETAIREIA

Greece

EU contribution

€ 576 712,50

Address

Irodou Attikou 12A
151 24 Marousi

Activity type

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

DIACHEIRISTIS ELLINIKOU DIKTYOU DIANOMIS ELEKTRIKIS ENERGEIAS AE

Greece

EU contribution

€ 285 250

Address

Perraivou 20 Kallirrois Odos 5
11743 Athina

Activity type

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

CHECKWATT AB

Sweden

EU contribution

€ 534 800

Address

Marketenterivagen 1
415 28 Goteborg

Activity type

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

E.ON ENERGILOSNIGAR AKTIEBOLAG

Sweden

EU contribution

€ 502 250

Address

Carl Gustafs Väg 1
217 42 Malmo

Activity type

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

AZIENDA ELETTRICA DI MASSAGNO (AEM) SA

Switzerland

EU contribution

€ 512 750

Address

Via Privata 4
6900 Massagno

Activity type

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

SCUOLA UNIVERSITARIA PROFESSIONALE DELLA SVIZZERA ITALIANA

Switzerland

EU contribution

€ 341 250

Address

Stabile Le Gerre
6928 Manno

Activity type

Higher or Secondary Education Establishments

HIVE POWER SAGL

Switzerland

EU contribution

€ 469 000

Address

Via Motto Gandioni 17
6582 Pianezzo

Activity type

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

E7 ENERGIE MARKT ANALYSE GMBH

Austria

EU contribution

€ 464 625

Address

Walcherstrasse 11/43
1020 Wien

Activity type

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

QUE TECHNOLOGIES KEFALAIOUCHIKI ETAIREIA

Greece

EU contribution

€ 282 625

Address

36 Kinnon Street
111 46 Galatsi

Activity type

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

UNIVERSIDAD DE LA IGLESIA DE DEUSTO ENTIDAD RELIGIOSA

Spain

EU contribution

€ 232 187,50

Address

Avenida De Las Universidades 24
48007 Bilbao

Activity type

Higher or Secondary Education Establishments

MERIT CONSULTING HOUSE - OLOKRIROMENES SYMVOULEFTIKES IPIRESIES EPIXEIRISEON IDIOTIKI KEFALAIOUXIKI ETAIREIA

Greece

EU contribution

€ 257 174,95

Address

Papadiamadi 1
145 62 Kifissia

Activity type

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