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R&D Nester wins new H2020 project “FleXunity – Scaling-up Power Flexible Communities business models empowered by Blockchain and AI"

 

R&D Nester partakes in the project FleXunity - Power Flexible Communities Scaling-up project powered by Blockchain and AI, submitted to the European Commission's H2020 program and approved.

This project aims to develop commercially the concept of the energy community through the logical aggregation of consumers and distributed energy resources using AI and Blockchain.

On the one hand, specific control tools for distributed resources will be developed and tariff structures and market designs that promote the participation of community members will be developed, both in a context of energy exchanges within a community and in a context of energy exchange with the outside. On the other hand, services, communications architectures and functions that promote a friendly integration of the energy community in the electricity grid will be studied, namely through the provision of ancillary services. The project includes two demonstrators, namely in the UK market and in the Iberian market.

The FleXunity consortium has 5 partners from Portugal, Spain, Filand and UK. R&D Nester is responsible for the work package "Balancing and ancillary services design", where the aggregators' business models will be validated technically and economically using the R&D Nester's RTPSS lab.

The project started in December 2019 and has a duration of 24 months.

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