eDREAM H2020 Project Information

eDREAM - enabling new Demand REsponse Advanced, Market oriented and secure technologies, solutions and business models Context: The European Commission strategic framework seeks for an improved and modernized European energy market, targeting to achieve secure, sustainable, affordable and decentralized energy networks as development of the overarching challenge of the Paris Agreements regarding GHG emissions and the expected “Energy Transition” recently published as part of low carbon emissions roadmap. Challenge: Despite the many advantages of Demand Response applications as well as the promising results of the successful deployment of Demand side response (DSR) there are very few examples of the successful deployment of DSR technologies that consider Virtual Power (VPP) Plants as well as decentralized approaches towards achieving a reduction in peak grid demand and real savings for final consumers. Solution: eDREAM aims to research, validate and bring into pre-commercialization phase a near-real time closed-loop Demand Response framework, fully autonomous, secure (through an enhanced blockchain ecosystem) and based on decentralized decision making functional model. Impact: Boot the flexibility of energy users and the smartness of the grid, enabling a smooth integration of renewables, generating 10% emission savings demonstrated and 25% cost saving and energy reduction for customers.