Creation of a standardised and open-source peer-to-peer energy sharing platform architecture for the energy sector

Closed

Programme Category

EU Competitive Programmes

Programme Name

Horizon Europe (2021-2027)

Programme Description

Horizon Europe is the European Union (EU) funding programme for the period 2021 – 2027, which targets the sectors of research and innovation. The programme’s budget is around € 95.5 billion, of which € 5.4 billion is from NextGenerationEU to stimulate recovery and strengthen the EU’s resilience in the future, and € 4.5 billion is additional aid.

Programme Details

Identifier Code

HORIZON-CL5-2023-D3-03-05

Call

Creation of a standardised and open-source peer-to-peer energy sharing platform architecture for the energy sector

Summary

This topic focuses on creating a standardized and open source peer-to-peer energy exchange platform architecture for the energy sector.

Detailed Call Description

The activities include, but are not limited to:

  • Defining the core operations that a flexibility and peer-to-peer trading platform should execute. (further details in the Funding & Tenders portal)
  • Developing an AI-based software that uses machine learning processes to integrate core operations and local grid constraints (including when channelled through price signals) in order to adapt to variations and changes in grid conditions.
  • Testing and simulation cases for blockchain-based trading operations following an agile methodology with the objective to get a fully functional trading tool within the project lifetime. The design of the platform should reflect the multi-actor, open-ended nature of decentralised use of energy. Proposals should account for a complex system change process, and prescribe evolutionary pathways for the platforms, account for their socio-technical interdependencies, and define and validate feasible entry points.
  • Developing field studies in citizen energy communities / renewable energy communities to integrate bottom-up approaches.
  • Setting rules for using the tool
  • Involving energy cooperatives or citizen energy communities (see Article 16 of the Commission’s Directive 2019/944 on common rules for the internal market for electricity (IEMD)) / renewable energy communities (see Article 22 of the Commission’s Directive 2018/2001 on the promotion of the use of energy from renewable sources (RED II)) in each selected project and ensure that the final ownership of these tools can remain in community hands, and that they are available for reuse (a particular consideration will be taken with respect to data security and potential related restrictions thereof).
  • Developing an open, available and operational platform to strengthen business models, and define which these business models are.
  • Exploring and comparing advantages / disadvantages of existing and new market making methods (Order Book-based systems and Liquidity pool-based Automated Market Makers) for a peer-to-peer energy exchange.
  • The project should be developed by taking into account both a technology performance perspective and a long-term sustainability roadmap.

The selected projects should associate energy regulators in their governance and should preferably be located in the territory of EU Member States/Associated countries where few peer-to-peer energy trading pilot projects have been setup so far.

Call Total Budget

€5.00 million

Financing percentage by EU or other bodies / Level of Subsidy or Loan

70%

EU contribution per project: €5.00 million

Thematic Categories

  • Energy
  • Research, Technological Development and Innovation

Eligibility for Participation

  • Local Authorities
  • NGOs
  • Non Profit Organisations
  • Other Beneficiaries
  • Private Bodies
  • Researchers/Research Centers/Institutions
  • Semi-governmental organisations
  • State-owned Enterprises

Eligibility For Participation Notes

If projects use satellite-based earth observation, positioning, navigation and/or related timing data and services, beneficiaries must make use of Copernicus and/or Galileo/EGNOS (other data and services may additionally be used).

The developed solutions should be freely available to citizens, energy cooperatives and citizen/renewable energy communities.

Call Opening Date

04/05/2023

Call Closing Date

10/10/2023

National Contact Point(s)

Research and Innovation Foundation

29a Andrea Michalakopoulou, 1075 Nicosia,
P.B. 23422, 1683 Nicosia
Telephone: +357 22205000
Fax: +357 22205001
Email: support@research.org.cy
Website: https://www.research.org.cy/en/

Contact Persons:
Mr Christakis Theocharous
Scientific Officer A’
Telephone: +357 22 205 029
Email: ctheocharous@research.org.cy

Mr George Christou
Scientific Officer
Telephone: +357 22 205 030
Email: gchristou@research.org.cy