Project Benefits at a glance
Keywords: energy cooperatives, renewable energy sources, flexibility, prosumers, network management
More info at: http://www.flexcoop.eu/
The FLEXCoop project seeks to democratise the energy market through introduction of innovative demand response tools and novel business models for energy cooperatives.
Imagine a community of consumers – households, small or medium-scale enterprises together – who organize themselves in order to make their power supply sustainable. Some of them install photovoltaic panels on their rooftops, some have electric heatpumps, some others electric cars, others batteries in their basements. All together, they decide to mutualize these assets and to have the biggest positive impact on the grid.
Today, this scenario is not yet an everyday reality. The European research and innovation project FLEXCoop investigated real-life scenarios that could elevate energy cooperatives to the next level. The aim of the project was to exploit flexibility which can be achieved on the demand side. In other words, if energy consumption could be better matched with those time periods when power generation is abundant, it could provide other services either for the community itself or the energy system operators at larger scale.