HEDGE-IoT - Holistic Approach towards Empowerment of the DiGitalization of the Energy Ecosystem through adoption of IoT solutions
Duration: 01.2024 – 06.2027
Funding Scheme: HORIZON-IA - HORIZON Innovation Actions
Objective: The primary goal of HEDGE-IoT is to deploy an innovative Digital Framework that enhances the resilience and flexibility of energy systems by deploying IoT assets across different levels, adding intelligence to the edge and cloud layers through advanced AI/ML tools, and bridging the cloud/edge continuum with federated applications. This framework aims to upgrade the renewable energy source (RES) hosting capacity, create new market opportunities, promote IoT standardisation, and facilitate the integration of RES into the energy ecosystem, ultimately driving sustainability and inclusivity while fostering scalability and replicability through collaboration with stakeholders and SMEs.
HEnEx in Hedge-IoT
In HEDGE-IOT HEnEx will design a trading cloud-based Local Flexibility Market platform to procure the residential and EV flexibility available from a group of PPC clients participating in the Greek pilot. New market product requirements will be codesigned with the Greek TSO and DSO. Additionally, a TSO/DSO/NEMO market-based data exchange coordination mechanism will be proposed.
Partners
HEDGE-IoT consortium comprises 42 partners - large ICT companies, leading Research and Technology Organizations, SMEs, energy stakeholders, EU-level associations, and legal & regulatory experts from 13 European countries.
For more information, you can visit the Hedge-IoT website.
