The EU Market Place is now open for testing!
Register and log in to try out the platform and give your ten cents on its features - what is working and what needs further work. The aim is to develop such a platform the serves the needs of its users, thus we invite you to test the EU Market Place: Your input would be greatly valued as it is our mission to launch an exploitable product for commercial use when the project ends.
Access the platform at: https://flexweb-adf87c280.dispatcher.hana.ondemand.com/#!/
What is EU Market Place?
A virtual ICT environment, the EU market place will be developed in the project in order to catalyze the interactions between relevant stakeholders in an open and standardised way and to encourage cross-border and cross-player access to innovative energy services.
This virtual ICT environment will foster the birth and growth of new electricity retail economic models throughout the EU28, which will in turn increase the overall electricity system flexibility in the future, while maximising energy efficiency across Europe.
Physical data transfer will be performed point to point,
i.e. no physical data transfer or storage will occur through the market place
The overall concept of the project consists of 4 building blocks:
Relevant meter data will be made available by DSOs in a non-discriminatory way close to real time to all the interested players, under customer consent, through advanced interoperable platforms that will be enhanced in the project and built on open standards.
Pushing forwards innovation in Europe, the DSO platforms that will be run in the project feature new capabilities beside those currently available and in particular:
- Metering data close to real time: both consumption and generation data, as in the case of prosumers, are made available at a given requested frequency, also close to real time, to any interested stakeholder willing to provide services;
- Data storage (both historical, close to real time and/or forecasted data);
- Advanced functionalities, such as data analytic and forecasting.
- Technical validation of requested services, when impacting on the network, by interfacing with the DSO’s legacy systems.
In the future, when smart metering is likely to be deployed across the EU28, more DSOs will be able to provide similar data for any smart processing which favours electricity retailing services accompanying energy efficiency measures.
Service platforms (from different types of market players) are interested in having access to real time metering data, provided that they are accessible in a standardised way through open APIs (Application Program Interfaces), and with interfaces compatible with the variety of IT systems, which are in use today. Interested players can be:
- TSOs, in charge of validating areas where active demand response can be implemented safely for the electric system;
- TSOs and DSOs, for which cross-border balancing mechanisms based on the new network codes delivered at EU level generate new opportunities;
- Energy Retailers developing as ESCOs new electricity retail models which favour energy efficiency and allow the compensation of a reduced turnover by volume effects;
- Aggregators, which are developing with industrial or large facility loads programmes able to use the flexibility of their customers;
- Other companies (including DSOs) offering for example data analytics services, which can use data streams describing electricity consumption to serve customer segmentation needs to design new retail business models at EU level, or to serve forecasting needs to better anticipate seasonal or consumption effects.
Platforms of retail companies operating in different regional contexts will be involved in the project, both with (as for Italy, Spain, France, Sweden) and without (as for Austria) smart metering infrastructures, respectively with and without DSOs on board. Platforms of other service providers such as software vendors, will be in the scope of the project to demonstrate a concept of an integrated market for services.
The market pl ace allows the delivery of services and exchange of data, tools, methodologies, etc., in a standardised way across Europe for the accelerated deployment of innovative energy services for all stakeholders of the retail markets, in particular:
- Service providers will be able to request metering data from the different DSOs depending on the targeted control zone at a given frequency;
- Service providers will be able to exchange services, tools, methodologies (for example an ESCO using a specific tool from a software vendor);
- Asset (data) owners will be able to make available data (other than metering data) to allow providers to build new services;
- All data flows, for instance metering data (data provided by DSOs), will be implemented by peer to peer communications, i.e. the market place will be a contact point for business deals between stakeholders of the electricity retail markets.
Several field components will be installed for both measurement and control at field level, acting as local interfaces and controllers at customer premises to deliver services. The adoption of interoperable solutions will be addressed in the project leveraging on existing standards and open communication protocols.