Description
Smart Grid solutions are evoluting rapidly, for example distributed generation integration solutions, active market price monitoring and planning, energy storage and data management technologies for grid operators, smart home solutions, etc. Current technologies for managing energy consumption and production still have a significant potential for efficiency improvements, whereas the greatest potential for small energy retailers lies in developing technologies that support the planning of electricity consumption based on hourly price movements and related production capacities. This project aims to develop an information and management system “Demand Response” for achieving more effective consumption and production of electricity. Project focuses on a proactive system for better combining and meeting of consumers and producers interests and opportunities. Small grant scheme activites involve conducting a market research, competition and marketing studies and environmental impact analysis, a business strategy and partner search activities.
Summary of project results
The project was needed to prepare the development an information and management system “Demand Response” for achieving more effective consumption and production of electricity. Project results are sustained through a proactive system for better combining and meeting of consumers and producers interests and opportunities, as this was the main objective of the project and also the the next step towards the product development. Small grant scheme activites involved conducting a market research, competition and marketing studies and environmental impact analysis, a business strategy and partner search activities. All planned activities within the small grant scheme project have been conducted and presented with the final report. The project outcome has been achieved as the business idea of the „demand response“ has been assessed and further developed in the open call project.
Summary of bilateral results