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MAGNUM CAP - ELECTRICAL POWER SOLUTIONS LDA

Country: Portugal

MAGNUM CAP - ELECTRICAL POWER SOLUTIONS LDA

1 Projects, page 1 of 1
  • Funder: European Commission Project Code: 864283
    Overall Budget: 9,481,530 EURFunder Contribution: 7,999,080 EUR

    The ebalance+ project applies to the ‘Flexibility and retail market options for the distribution grid’ by addressing flexibility solutions, smart-grids technologies to increase the distribution grid resilience and defining and testing market mechanisms and tools incentivising the energy flexibility. In this context, the ebalance+ project aims to increase energy flexibility of distribution grids, predict available flexibility, increase distribution grid resilience and design and test new ancillary models to promote new markets based on energy flexibility. These objectives allow unlocking the energy flexibility market in distribution grids to support energy prosumers and electric operators. The ebalance+ proposal is an ICT platform that assure the integration and interoperability at any electricity domain, providing an effective market framework where electric operators and stakeholders benefit with new business models. The system is composed of units that implements algorithms to forecast and manage the available flexibility to incentivise demand response programmes and increase the distribution grid capacity to avoid congestions and advise optimization strategies. Besides, it allows integrating the flexibility solutions (developed and tested in the project): electric storage, V2G systems, SiC power inverters, power to heat, control of CHP and management of building devices with IoT-based systems. Smart-gird automation and control solutions will be integrated to enhance the grid observability and use the available flexibility to increase the resilience under critical events. The consortium is composed of 15 entities from 8 EU countries, which the participation of research centres, SME and industry. The solutions are tested in 4 real-life pilots (Spain, Italy, France and Denmark) with specific scopes and objectives. In addition, and in-Lab demo is developed to test critical use cases. Innovative market models regarding flexibility market for DSO-TSO will be simulated

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