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Great EU-funded Innovations

Innovation

Energy Trading Platform

Market Maturity

Business Ready: More about market maturity categories

Innovation topic

Other

Date of analysis

Innovation Radar's analysis of this innovation is based on data collected on 10/03/2020

Go to market needs

Needs that, if addressed, can increase the chances this innovation gets to (or closer to) the market incude:

  • Prepare for Market entry
  • Scale-up market opportunities
  • Market Creation Potential

    This innovation was assessed by the JRC’s Market Creation Potential indicator framework as having a “Noteworthy” level of Market Creation Potential. Only innovations that are showing multiple signals of market creation potential are assigned a value under this indicator system.

    Project

    This innovation was developed under the Horizon 2020 project CityxChange. Details of this project are provided below:

    Project acronym: CityxChange

    Project Title: Positive City ExChange

    Project description: Trondheim, Limerick, Alba Iulia, Pisek, Sestao, Smolyan and Voru and their industry and research partners are joining forces to co-create the future we want to live in. As aspiring Lighthouse and Follower Cities, respectively, they have detailed out their ambitions into the +CityxChange proposal, which describes a structured approach on how to develop and deploy Positive Energy Blocks and Districts and scale these out as part of the Clean Energy Transition. The approach combines: Prototyping the Future through Integrated Planning and Design; Enabling the Future through Creation of a Common Energy Market; and Accelerating the Future through CommunityxChange with all stakeholders of the city. New forms of integrated spatial, social, political, economic, regulatory, legal, and technological innovations will deliver citizen observatories, innovation playgrounds, regulatory sandboxes, and Bold City Visions to engage civil society, local authorities, industry, and RTOs to scale up from PEBs to PEBs to Positive Energy Cities, supported by a distributed and modular energy system architecture that goes beyond nZEB. On top of this, the consortium will create a new energy market design coupled to consumer-driven innovation, developed in close working cooperation with national regulators, DSOs/CSOs, property developers, and local energy communities. Flexibility will be put at the core of the distributed energy system by creating new micro-grid operation, prosumer-driven Community System Operators, and new markets for peak shaving/RES trading to reduce grid investment needs and curtailment. Their aim is to realize Europe-wide deployment of Positive Energy Districts by 2050 and prepare the way for fully Positive Energy Cities.

    Project end date: 31/10/2023

    More info:

    • Read more about this project on CORDIS (find names of contact persons and their phone numbers on the CORDIS page)

    • Details of this project on the Horizon 2020 dashboard

    Key Innovator(s)

    IOTA STIFTUNG

    BERLIN, DE

    Other

    POWEL AS

    TRONDHEIM, NO

    Large Enterprise

    ABB AS

    BILLINGSTAD, NO

    Large Enterprise