U2Demo Use of open-source P2P energy sharing platforms for energy democratization

Summary

The U2Demo project aims to create innovative, consumer-centered management strategies that facilitate widespread participation in Peer-to-Peer (P2P) trading and Energy Sharing. This initiative will promote equitable and democratic access to sustainable energy resources. The collaboration brings together twenty partners, including associated partners, from eight countries, pooling their expertise to develop strategies that will be seamlessly integrated into open-source, non-proprietary tools and platform. These solutions align with principles of openness, technology neutrality, interoperability, scalability, replicability, reliability, security, and trustworthiness.
These strategies will undergo testing within at least four diverse Energy Communities, each characterized by unique attributes and governance models. The overarching objective is to assess advanced P2P trading and Energy Sharing tools, determine optimal implementation conditions, and consolidate the most promising solutions and associated business models.
The P2P trading and Energy Sharing tools will account for existing flexibility services managed by transmission and distribution system operators (TSOs, DSOs), including both implicit and explicit demand response (DR) programs, as well as dynamic capacity and price signals/contracts. The initiative strives to enhance coordination leveraging information exchange through existing dataspaces and middleware. Decision support algorithms will empower consumers and prosumers to actively engage in energy and flexibility services, promoting negotiation and collaboration among peers and stakeholders maximizing their benefits.
All interactions, offers, contracts, and coordination within P2P trading and Energy Sharing tools will adhere to existing and forthcoming standards, and will be executed using blockchain. This approach ensures the credibility and traceability of all activities conducted in P2P trading, ultimately fostering greater consumer engagement.

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Web resources:	https://cordis.europa.eu/project/id/101160684
Start date:	01-09-2024
End date:	29-02-2028
Total budget - Public funding:	5 819 380,00 Euro - 4 999 883,00 Euro