Engineering Innovation in
Smart Energy & Utilities
Bringing individual consumers center stage to deliver a community-centred adaptable Demand Response (DR) framework.
Approach & Solution
Approach
The increasing electrification of heat and transport coupled with larger RESs deployment of decentralized RESs is disclosing new additional opportunities for DR. However, DR potential has been exploited so far to a very limited extent, that is at the residential level of end consumers. This is due to technology immaturity, regulatory fuzziness, distorted business frameworks which are preventing end consumers in capturing an appropriate value from DR.
The research project BRIGHT realizes a multi-timescale DR strategy that works from a day-ahead scheduling up to real-time adaptive control.
The research project BRIGHT realizes a multi-timescale DR strategy that works from a day-ahead scheduling up to real-time adaptive control.
Solution
The proposed solution allows individual assets to simultaneously provide power balancing services, grid congestion management, and economic benefits to participating stakeholders.
It uses: Digital Twins for consumers predictability, multi-layered P2P, DLT/blockchain/smart contracts based on semi-decentralized Vitural Power Plants (VPP), value stacking flexibility management algorithms and other AI data-driven energy and non energy services. This approach is validated in 4 demo-sites across 4 EU countries where 1000 residential consumers will be engaged.
Engineering is the Project Coordinator and the Technology provider, in particular blockchain enablers for decentralised VPP. The project has received co-funding from the European Union's Horizon 2020 programme - Contract No. 957816
Link to the project
It uses: Digital Twins for consumers predictability, multi-layered P2P, DLT/blockchain/smart contracts based on semi-decentralized Vitural Power Plants (VPP), value stacking flexibility management algorithms and other AI data-driven energy and non energy services. This approach is validated in 4 demo-sites across 4 EU countries where 1000 residential consumers will be engaged.
Engineering is the Project Coordinator and the Technology provider, in particular blockchain enablers for decentralised VPP. The project has received co-funding from the European Union's Horizon 2020 programme - Contract No. 957816
Link to the project
Results
30% increase in flexibility (MWh)
1000 end users engaged in pilots
20% cost reduction for energy services development and operation
30% improvement in CAIDI, SAIDI, SAIFI
Project value
Process performance
Innovation
Cost cutting
Enabling Technologies
AI Advanced Analytics
Blockchain
IoT
Digital Twin
Project Team
Research & Innovation