CROSS BOrder management of variable renewable energies and storage units enabling a transnational Wholesale market
CROSSBOW is a TSO driven project with two interrelated and equally important strategic goals: on the one hand, it aims at the successful deployment in the market, within a 24 months horizon after project completion, of a set of technological solutions which enable increasing the shared use of resources to foster transmission networks cross-border management of variable renewable energies and storage units, making possible a higher penetration of clean energies whilst reducing network operational costs and improving economic benefits of RES and storage units.
On the other hand, the project intends to have a significant impact in the commercial operation and innovation activities of the consortium – with a planned ROI for the partners of less than 36 months after full deployment and commercialisation of CROSSBOW products and services starts- and the European sector at large, contributing to the creation of more than 70.000 jobs, the access to better quality energy services of 56.831.418 citizens and businesses, the saving of 3 MTons of GHG, and the increase of 10% in the share of RES (15,2 TWh), among other impacts.
The achievement of these strategic goals will involve the four aspects addressed by LCE-04-2017, since the project will demonstrate a number of different technologies offering TSOs increased grid flexibility and robustness through:
1. A better control of cross-border balancing energy at interconnection points;
2. new storage solutions – distributed and centralized-, offering ancillary services to operate Virtual Storage Plants (VSP);
3. better ICT and Communications -e.g. better network observability, enabling flexible generation and Demand Response schemas;
4. the definition of a transnational wholesale market, proposing fair and sustainable remuneration for clean energies though the definition of new business models supporting the participation of new players –i.e. aggregators- and the reduction of costs.
CROSSBOW results will be evaluated during 18 months by one of the Europan RSC and 8 TSOs in South Eastern Europe (SEE), grouped to form 9 demo clusters that will validate each of the project outcomes in at least three different countries, demonstrating in all cases how CROSSBOW tackles the regional challenges faced by these TSOs
CROSSBOW will propose the shared use of resources to foster cross-border management of variable renewable energies and storage units, enabling a higher penetration of clean energies whilst reducing network operational costs and improving economic benefits of RES and storage units.
Experts from EU discussed on the Transmission Networks strategy in South East Europe. The project will enable higher use of Clean Energy sources and cost...