Addressing flexibility and efficiency within the European energy market
Enable a low carbon electricity value chain
Data accessibility in real time
Local energy control and flexibility of aggregated customers, including demand response in action
Flexiciency, a four year project, launched in early 2015, was part-funded by the European Commission’s Horizon 2020 research programme, with the aim of addressing flexibility and efficiency within the European energy market, putting focus on consumers and making use of data from smart metering.
The FLEXICIENCY project addressed several critical components of the modernising steps required for the European electricity grids to better enable a low carbon electricity value chain. The FLEXICIENCY project involved four major DSOs from Italy, France, Spain and Sweden, and demonstrated large scale projects of new services based upon data accessibility in real time.
Some of the solutions provided were the following ones:
- Advanced monitoring.
- Local energy control and flexibility of aggregated customers, including demand response in action.
- An innovative solution building on the integration of existing systems towards offering such services at EU level, to all players of the electricity retail markets, either new or existing ones. For instance: Distribution System Operators, electricity retailers, aggregators, ESCOS, and end consumers.
The demonstration also tested the new economic models and evaluated benefits in terms of possible achievements of 2020 energy consumption goals, and CO2 emission targets.
“Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the EU Horizon 2020 Research and Innovation Programme. Neither the European Union nor the granting authority can be held responsible for them.”
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