What
cyberGRID
is?
cyberGRID is focused on providing novel software tools and services to manage flexible electric assets. It is currently cooperating with over 120 partners from 24 EU countries in innovation projects with an overall budget exceeding 100M EUR. Our proprietary ICT technology, called cyberNOC, is well established and has been used over the past ten years in multiple applications world-wide. This tool allows a large number of energy assets, i.e. “flexibilities”, being connected to various electricity markets: such assets are typically energy loads, distributed (DG) and renewable energy generation plants (RES), and Battery Energy Storage Systems (BESS).
What is your role within the project?
During the CROSSBOW project, cyberGRID developed and tested a new, enhanced business plan enabling asset owner to organise as energy cooperatives offering flexibility services direct connection to the balancing markets without the need of a middleman.
The Cooperative Flexibility Platform – CFP tool was developed to offer cooperatives all the required functionalities to provide flexibility services, such as; data collection from the energy assets, de-aggregation algorithms, market integration, democratic voting, and accounting.
Among others, several advanced algorithms were developed to support BESS integration and intraday energy market integration to enable better and longer aFRR and mFRR services to the TSO.
How does cyberGRID think CROSSBOW will contribute to the Energy Transition in Europe? What are the main challenges?
Right now, there are many energy assets that are being underutilized and business models remain limited. This undercuts grid optimization and reduces the number of actors in the electricity sector. The CROSSBOW project presents new business opportunities and tools to fully utilise all available flexibilities that are hidden in energy assets big and small, especially RES, while also opening the sector to new actors. By creating a more dynamic and competitive market, Europe will move closer to achieving what’s it’s always set out to do – create a cleaner, market-based electricity system.