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| Project title | Blockchain based ElectricitY trading for the integration Of National and Decentralized local markets |
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| Funding provider | ERA-NET SES RegSys - 1st Joint Call for Proposals
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| Applicant | TU Wien - Energy Economics Group (TUW-EEG) |
| Partner | best connect Unternehmergemeinschaft GmbH EXAA Abwicklungsstelle für Energieprodukte AG Forschung Burgenland GmbH MOOSMOAR Energies OG ms.gis Informationssysteme GmbH Sonnenplatz Großschönau University of Applied Sciences in Austria |
| Duration | 37 months | 2019 - 2022 |
| Project Description | In the project “BEYOND”, new market designs were developed and demonstrated in order to optimize local energy systems including many different market participants, hence enabling the integration of those so-called “smart grids” into regional and supra-regional networks. The project thus represented an accurate response to complex challenges on the energy market: an increasing number of decentralized plants which generate highly fluctuating renewable energy, partly combined with private electricity storage systems, an increase in electricity consumption in the areas of mobility and building heating systems and an unsuitable use of existing flexibility potentials within the energy system. In view of these challenges, the project developed innovative market designs and applications beneficial to the system and grid-network for integrated local and regional energy systems, including blockchain technology. All market participants and stakeholders were involved in the process such as prosumers, considering their individual needs as users, stakeholders at local and regional levels, aggregators, distribution system operators, technology developers. The feasibility of the developed concepts was examined under real-life conditions on the basis of two use cases (community and energy purchasing cooperative). The aim was to demonstrate both the technological advantages and the economic potential. |
| Additional information | https://greenenergylab.at/projects/beyond/ (in German) |