Start Date: Nov 1, 2016
End Date: Apr 30, 2020
Budget: € 17.595.500
Wide scale demonstration of Integrated Solutions and business models for European smartGRID
WiseGRID provides services for the actors of the distribution network under different scenarios, in order to promote more sustainable energy grids, empower prosumers and enable the establishment of a near real-time pan-European energy balancing market. WiseGRID technologies and solutions will be packed within 9 different products, the impact of which will be demonstrated in 4 large-scale pilot sites. The different solutions will be integrated, deployed and demonstrated under real-life conditions, evaluating its impact under different configurations and operating conditions for a period of 15 months.
Hence, WiseGRID is a demonstration-oriented project the builds on top of pre-existing know how and results. The impact assessment will cover, not only the technical environment of each one of the pilot sites, but also the regulatory, environmental and social conditions at each demonstrator.
The project will maximise its impact at social level, focusing on energy cooperative schemas that are actually key to support to transition to energy democracy, not only towards cleaner solutions but also more fair ones. Energy cooperatives and 3rd party entrepreneurs will be provided with new business models, supported by cost-benefit analysis and proof of their validity in the field, to maximise the economic impact of the project, always under the strategic goal of promoting sustainable and fair distribution of benefits offered by Smart Energy Grids.