The FLEXICIENCY project, funded by the European Union’s Horizon 2020 research and innovation programme under grant agreement n° 646482, takes into account several conclusions and recommendations dealing with electricity retail markets in EU28 and aims at contributing to solve relevant challenges of common interest at EU level such as data accessibility and standardisation across Europe.
The project is carried out by a Consortium composed of 18 partners from 10 European countries covering key competences across the electricity value chain of the electricity retail markets. The Consortium, coordinated by Enel Distribuzione, includes 4 major DSOs (Enel Distribuzione in Italy, Endesa Distribución in Spain, ERDF in France and Vattenfall Eldistribution in Sweden), 1 DSO association (EDSO for Smart Grids), 4 large-scale retailers (Enel Energia, Endesa, Vattenfall, VERBUND Solutions GmbH) and also IT solution providers (SAP, Siemens and cyberGRID), one aggregator (KiwiPower), two research centres (CIRCE and University of Ljubljana), one public body (City of Malaga), one energy think tank (VaasaETT) and one market and demand response expert (Joule Assets).
During the four years of the project five large-scale demonstrations with real customers will be deployed in Italy, France, Spain, Sweden and Austria, to demonstrate that the deployment of efficient novel services in the electricity retail markets (ranging from advanced monitoring to local energy control, and flexibility services) can be accelerated thanks to an open European market place based on standardised interactions among electricity stakeholders, opening up the energy market also to new players at EU level.
The services resulting from the proposed technical framework will empower real customers with higher quality and quantity of information on their energy consumptions (and generation in case of prosumers), addressing more efficient energy behaviours and usage such as through advanced energy monitoring and control services.
Accessibility of metering data, close to real time, made available by DSOs - under customer consent - and in a standardised and non-discriminatory way to all players in the electricity retail markets (e.g. electricity retailers, aggregators, ESCOs and end consumers), will facilitate the emergence of new markets for energy services, enhancing competitiveness and encouraging the entry of new players and benefitting energy customers. Economic models of these new services will be proposed and assessed.