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Scalable Optimization of Power Systems with Flexible Demand and Renewable Supply

Project description

Energising the distribution of electric power

In recent years, due to the rising concern posed by climate change, there has been an increasing integration of renewable resources in electric power systems. Unfortunately, these renewable resources come with a serious problem, specifically their uncertain availability. This has been making the transition to renewable resources more difficult, especially in distribution systems where storage systems (eg electric vehicles) and renewable resources (eg rooftop solar panels) are increasingly present. The EU-funded ICEBERG project aims to assist the transition to renewable resources in electric power systems. It will accomplish this goal by developing a platform for optimizing the provision and pricing of energy in distribution networks. This platform will rely on state of the art computational methods, and will transpose lessons learned from the design of electricity markets at the high voltage grid to local energy markets at the distribution grid.

Host institution

INSTITUTE OF COMMUNICATION AND COMPUTER SYSTEMS
Net EU contribution
€ 1 117 063,00
Address
Patission Str. 42
10682 Athina
Greece

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Region
Κεντρικός Τομέας Αθηνών Aττική Αττική
Activity type
Research Organisations
Non-EU contribution
€ 0,00

Beneficiaries (2)

INSTITUTE OF COMMUNICATION AND COMPUTER SYSTEMS
Greece
Net EU contribution
€ 1 117 063,00
Address
Patission Str. 42
10682 Athina

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Region
Κεντρικός Τομέας Αθηνών Aττική Αττική
Activity type
Research Organisations
Non-EU contribution
€ 0,00
UNIVERSITE CATHOLIQUE DE LOUVAIN
Belgium
Net EU contribution
€ 382 250,00
Address
Place De L Universite 1
1348 Louvain La Neuve

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Region
Région wallonne Prov. Brabant Wallon Arr. Nivelles
Activity type
Higher or Secondary Education Establishments
Non-EU contribution
€ 0,00