Imagine a neighborhood where people with solar panels can sell extra electricity directly to their neighbors without a middleman. This project builds a digital marketplace that handles the deals and payments automatically using secure, shared ledgers. It's like a community-run app that makes sure everyone gets a fair price for the green energy they produce.
Energy consumers struggle to sell excess renewable energy locally due to a lack of transparent, secure, and interoperable trading tools. This prevents the full financial exploitation of distributed energy resources.
An open-source, blockchain-based P2P trading platform and decision support algorithms for energy sharing.
If you are a DSO dealing with unstable grids due to too many solar panels — this project developed tools that integrate flexibility services and demand response. This allows you to better coordinate energy flows across 4 different community types.
If you are a software provider dealing with proprietary lock-in and lack of interoperability — this project developed an open-source, non-proprietary platform. You can use these blockchain-based tools to offer transparent energy trading to your clients.
If you are a developer dealing with high energy costs in residential complexes — this project developed P2P trading strategies. This enables your residents to share energy locally, maximizing the financial benefit of installed renewable resources.
Based on available project data, the platform is developed as open-source and non-proprietary, suggesting a model focused on openness rather than licensing fees.
The project specifically focuses on scalability and replicability, testing the tools across 4 diverse Energy Communities to ensure they can be expanded.
The project emphasizes open-source tools and technology neutrality, though specific licensing agreements are not detailed in the provided data.
The tools are designed to align with existing and forthcoming standards and account for flexibility services managed by TSOs and DSOs.
The project period runs from 2024-09-01 to 2028-02-29, indicating that final validated solutions will be ready by early 2028.
The consortium is highly balanced for commercialization, featuring a 50% industry ratio with 10 industrial partners, including 5 SMEs. With 20 partners across 8 countries, the project combines deep academic research (6 university/research entities) with practical market application, ensuring the open-source tools are viable for real-world energy markets.
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