Big Energy Data Value Creation within SYNergetic enERGY-as-a-service Applications through trusted multi-party data sharing over an AI big data analytics marketplace

Project: EU project

Project Details

Description

The transition to the smart grid era is associated with the creation of a meshed network of data contributors that necessitates for the transformation of the traditional top-down business model, where power system optimization relied on centralized decisions based on data silos preserved by stakeholders, to a more horizontal one in which optimization decisions are based on interconnected data assets and collective intelligence. Consequently, the need for “end-to-end” coordination between the electricity stakeholders, not only in business terms but also in exchanging information is becoming a necessity to enable the enhancement of electricity networks’ stability and resilience, while satisfying individual business process optimization targets of all stakeholders involved in the value chain. SYNERGY introduces a novel reference big data architecture and platform that leverages data, primary or secondarily related to the electricity domain, coming from diverse sources (APIs, historical data, statistics, sensors/ IoT, weather, energy markets and various other open data sources) to help electricity stakeholders to simultaneously enhance their data reach, improve their internal intelligence on electricity-related optimization functions, while getting involved in novel data (intelligence) sharing/trading models, in order to shift individual decision-making at a collective intelligence level. To this end SYNERGY will develop a highly effective a Big Energy Data Platform and AI Analytics Marketplace, accompanied by big data-enabled applications for the totality of electricity value chain stakeholders (altogether integrated in the SYNERGY Big Data-driven EaaS Framework). SYNERGY will be validated in 5 large-scale demonstrators, in Greece, Spain, Austria, Finland and Croatia involving diverse actors and data sources, heterogeneous energy assets, varied voltage levels and network conditions and spanning different climatic, demographic and cultural characteristics.
AcronymSYNERGY
StatusActive
Effective start/end date1/01/2030/06/23

Collaborative partners

  • VTT Technical Research Centre of Finland
  • Etaireia Parohis Aeriou Attikis Monoprosopi Elleniki Etaireaia Energeias (Project partner)
  • Energie Güssing GmbH (Project partner)
  • Montajes Electricos Cuerva S.L. (Project partner)
  • Fundación CIRCE - Centro de Investigación de Recursos y Consumos Energéticos (Project partner)
  • Caverion Suomi OY (Project partner)
  • Forum Virium Helsinki Oy (Project partner)
  • Knowledgebiz Consulting - Sociedade de Consultoria Em Gestão Lda (Project partner)
  • Suite5 Data Intelligence Solutions Limited (Project partner)
  • Ubitech Ltd (Project partner)
  • Ponikve eko otok Krk d.o.o. (Project partner)
  • Energy Services Handels- und Dienstleistungs G.m.b.H. (Project partner)
  • Hellenic Electricity Distribution Network Operator S.A. (HEDNO) (Project partner)
  • Elin Verd S.A. – Sustainable Products and Services (Project partner)
  • Cobra Instalaciones y Servicios S.A. (Project partner)
  • ETRA Investigación y Desarrollo S.A. (Project partner) (lead)
  • Europäisches Zentrum für erneuerbare Energie Güssing GmbH (Project partner)
  • Maggioli S.p.A (Project partner)
  • University of Cyprus (Project partner)
  • Sistemas Urbanos de Energía Renovables S.L. (Project partner)
  • Institute of Communication and Computer Systems (ICCS) (Project partner)
  • Geco Global ApS (Project partner)
  • Independent Power Transmission Operator S.A. (IPTO) (Project partner)
  • KONČAR - Power Plant and Electric Traction Engineering Inc. (Project partner)

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 7 - Affordable and Clean Energy
  • SDG 9 - Industry, Innovation, and Infrastructure

Funding category

  • EU-H2020

Keywords

  • H2020-DT-2019-1
  • Software Architectures

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