Smart Innovation Norway A/S
The Horizon2020 project developed a local electricity trading platform and Norway’s first microgrid in order to prove that significant reduction of greenhouse gas emissions and an increase of energy efficiency require radical changes in our relation to energy, and also to encourage active citizen participation in the electrical system.
About the practice:
The project developed and verified a new market design for local marketplaces for electricity trading through a cloud-based ICT solution while designing innovative, prosumer-oriented business models relevant for the market design and implementing full bi-directional and secure communication between the market and business layers. The practice also encouraged micro-generation and the active participation of prosumers to exploit the flexibility created in demonstration sites in order to prove the viability of the concept and create synergetic benefits for all inhabitants connected to the local grid.