Volue has developed a local energy and flexibility market platform for energy neighbourhoods and communities as part of the EU Horizon2020 project +CityXchange.
Mar 23, 2022
Boris Tistan and Klaus Livik in Trondheim.
In addition, the +CityxChange project is focused on the process of onboarding customers and assets, including training, asset identification and registration, as well as putting in place agreements between customers/local assets and the market operator.
But under current regulations, the “energy-smart” neighbourhoods and the renewable units in the demonstration area have to sell the power they produce to the power grid and then buy it back at a much higher price.
To be able to implement and test the new set-up, the project has received permission from the regulator to realise the set-up, implementation and demonstration.
“As technology advances, regulations need to catch up. In Norway, just like in Europe, we have regulations that were put in place 25 years ago for a centralised energy system. The energy transition is heavily dependent on an agile and future-proof energy regulatory framework. Urgent action in the REPowerEU is to improve electricity market design, so hopefully, the regulatory framework will soon be aligned with the Volue energy and flexibility market platform.”
As part of the project, Volue is also working on software that is able to calculate the best design for a local energy system when it comes to asset mix and capacities.
“It is very important to avoid stressing the distribution grid. By performing calculations at the design stage, we can check if e-mobility – cars, chargers, and carpools – will stress the local grid.”
The ongoing shift is extensive and energy restructuring and urban development go "hand in hand". Livik already sees that city planners are no longer planning for one building at a time.
“They plan whole city areas or cluster ten buildings together. That would mean that three of the buildings would have PVs on the rooftop, two would have batteries, and the rest would have equipment for charging. You have to approach the new buildings as a coordinated system – digitally connected to a local market.”
Livik is confident that the Volue team is ready to take on the technological challenge and meet the industry’s needs.
“We already have the domain expertise and the solutions to make this transition smooth for city planners and all parties involved, including grid operators.”