local and renewable electricity
Professor Bernt Arild Bremdal, Senior Advisor at
Smart innovation Norway:
- Mobile: + 47 900 61 173
- Smart Innovation Norway
- eSmart Systems
- De Technische Universiteit Eindhoven (TU/e)
- Skagerak Energi
The E-REGIO project will analyse, test and validate a new way to implement Local Energy Markets. These new energy markets will be based on energy storage units and flexible assets, supervised by the Local System Operator.
The real Local Energy Markets, enabling actors to exchange local and renewable electricity in a neighbourhood, will be implemented in Norway and Sweden to demonstrate the feasibility and business potential of the concept.
E-REGIO’s primary objective is to perform new trials in order to increase the level of understanding of local markets as well as to demonstrate and validate that local energy markets will be part of the solution towards a greener, more sustainable, and distributed energy supply.
The project especially aims to bridge the valley of death between research and implementation by combining and complementing previous and ongoing research, using simulations and demonstrations.
There will be special focus on identifying the need for changes within regulatory issues and policy to tackle the obstacles towards commercialization of our solution.
- Verification of local market design: E-REGIO will synthesize market insights from existing research. It develops simulations to verify the effectiveness of the proposed business model(s) with an energy storage system. The project further tests the impact of market contingencies (eg. customer behaviours, regulatory frameworks, policy etc.).
- Flexibility management: Demonstrate the local energy market with a community electricity storage hub model in operational environments. It will investigate the implication of storage technologies that can support local asset management.
- Update ICT to new market design concept: Develop the ICT-platform for local energy markets, to handle new models intended to be tested during trials.
- European-wide knowledge sharing: Create a European wide community for local energy market design and adoption. Develop best-practice guidelines that are truly replicable across different regions by taking into account regional energy regulations and different electricity market models.
- Diffusion of market design concept and best-practice implementation guidelines: Uncover critical motivations and frustrations of stakeholder adoption of the proposed market design.
This project has received funding in the framework of the joint programming initiative ERA-Net Smart Grids Plus. The initiative has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 646039.