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PARITY SIGNED

Pro-sumer AwaRe, Transactive Markets for Valorization of Distributed flexibilITY enabled by Smart Energy Contracts

Total Cost €

EC-Contrib. €

Partnership

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PARITY project word cloud

Explore the words cloud of the PARITY project. It provides you a very rough idea of what is the project "PARITY" about.

blockchain res pilot device durability grid profiling global p2p iot reflective electrical regulatory pq enhanced observability ch delivering es deploying comprise clusters sites dynamic network se parity optimization distribute organization tools transactive orchestrated penetration networks contracts statcom active automated flexibility essentially spatio solution time structural effectiveness integration local intelligence techno price manner balance ders aggregated climatic granularity constraints forecasting efficient cultural self capacity distributed inertia reward market der transactions secondly mix technologies signals smart hosting exchange form demonstrated framework innovative seamless grids generation nodes validate transparent monitoring dso 50 temporal platform practices symmetric learning efficiency

Project "PARITY" data sheet

The following table provides information about the project.

Coordinator	ETHNIKO KENTRO EREVNAS KAI TECHNOLOGIKIS ANAPTYXIS Organization address address: CHARILAOU THERMI ROAD 6 KM city: THERMI THESSALONIKI postcode: 57001 website: www.certh.gr contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Greece [EL]
Total cost	9˙388˙829 €
EC max contribution	7˙151˙837 € (76%)
Programme	1. H2020-EU.3.3.4. (A single, smart European electricity grid)
Code Call	H2020-LC-SC3-2019-ES-SCC
Funding Scheme	IA
Starting year	2019
Duration (year-month-day)	from 2019-10-01 to 2023-03-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	ETHNIKO KENTRO EREVNAS KAI TECHNOLOGIKIS ANAPTYXIS ETHNIKO KENTRO EREVNAS KAI TECHNOLOGIKIS ANAPTYXIS Organization address address: CHARILAOU THERMI ROAD 6 KM city: THERMI THESSALONIKI postcode: 57001 website: www.certh.gr contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (THERMI THESSALONIKI)	coordinator	817˙500.00
2	BUILDING FACILITY SERVICES PAROCHIYPIRESION ANONYMI ETAIREIA BUILDING FACILITY SERVICES PAROCHIYPIRESION ANONYMI ETAIREIA Organization address address: IRODOU ATTIKOU 12A city: MAROUSI postcode: 151 24 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (MAROUSI)	participant	576˙712.00
3	FUNDACION CIRCE CENTRO DE INVESTIGACION DE RECURSOS Y CONSUMOS ENERGETICOS FUNDACION CIRCE CENTRO DE INVESTIGACION DE RECURSOS Y CONSUMOS ENERGETICOS Organization address address: PARQUE EMPRESARIAL DINAMIZA, AVDA. DE RANILLAS, 3D city: ZARAGOZA postcode: 50018 website: www.fcirce.es contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (ZARAGOZA)	participant	541˙250.00
4	CHECKWATT AB CHECKWATT AB Organization address address: MARKETENTERIVAGEN 1 city: GOTEBORG postcode: 415 28 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	SE (GOTEBORG)	participant	534˙800.00
5	HYPERTECH (CHAIPERTEK) ANONYMOS VIOMICHANIKI EMPORIKI ETAIREIA PLIROFORIKIS KAI NEON TECHNOLOGION HYPERTECH (CHAIPERTEK) ANONYMOS VIOMICHANIKI EMPORIKI ETAIREIA PLIROFORIKIS KAI NEON TECHNOLOGION Organization address address: 32 PERIKLEOUS STREET city: CHALANDRI ATHINA postcode: 15232 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (CHALANDRI ATHINA)	participant	520˙843.00
6	AZIENDA ELETTRICA DI MASSAGNO (AEM) SA AZIENDA ELETTRICA DI MASSAGNO (AEM) SA Organization address address: VIA PRIVATA 4 city: MASSAGNO postcode: 6900 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	CH (MASSAGNO)	participant	512˙750.00
7	E.ON ENERGILOSNIGAR AKTIEBOLAG E.ON ENERGILOSNIGAR AKTIEBOLAG Organization address address: Carl Gustafs väg 1 city: MALMO postcode: 217 42 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	SE (MALMO)	participant	502˙250.00
8	HIVE POWER SAGL HIVE POWER SAGL Organization address address: VIA MOTTO GANDIONI 17 city: PIANEZZO postcode: 6582 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	CH (PIANEZZO)	participant	469˙000.00
9	E7 ENERGIE MARKT ANALYSE GMBH E7 ENERGIE MARKT ANALYSE GMBH Organization address address: WALCHERSTRASSE 11/43 city: WIEN postcode: 1020 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	AT (WIEN)	participant	464˙625.00
10	SCUOLA UNIVERSITARIA PROFESSIONALE DELLA SVIZZERA ITALIANA SCUOLA UNIVERSITARIA PROFESSIONALE DELLA SVIZZERA ITALIANA Organization address address: STABILE LE GERRE city: MANNO postcode: 6928 website: www.supsi.ch contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	CH (MANNO)	participant	341˙250.00
11	MONTAJES ELECTRICOS CUERVA S.L. MONTAJES ELECTRICOS CUERVA S.L. Organization address address: SANTA LUCIA 1-K city: CHURRIANA DE LA VEGA postcode: 18194 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (CHURRIANA DE LA VEGA)	participant	334˙459.00
12	MERIT CONSULTING HOUSE MERIT CONSULTING HOUSE Organization address address: AVENUE DE FRE 265 city: UCCLE postcode: 1180 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	BE (UCCLE)	participant	300˙125.00
13	DIACHEIRISTIS ELLINIKOU DIKTYOU DIANOMIS ELEKTRIKIS ENERGEIAS AE DIACHEIRISTIS ELLINIKOU DIKTYOU DIANOMIS ELEKTRIKIS ENERGEIAS AE Organization address address: PERRAIVOU 20 KALLIRROIS ODOS 5 city: ATHINA postcode: 11743 website: www.deddie.gr contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (ATHINA)	participant	285˙250.00
14	QUE TECHNOLOGIES KEFALAIOUCHIKI ETAIREIA QUE TECHNOLOGIES KEFALAIOUCHIKI ETAIREIA Organization address address: 36 KINNON STREET city: GALATSI postcode: 111 46 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (GALATSI)	participant	282˙625.00
15	SISTEMAS URBANOS DE ENERGIAS RENOVABLES SL SISTEMAS URBANOS DE ENERGIAS RENOVABLES SL Organization address address: CALLE COSO 34 5A PLANTA city: ZARAGOZA postcode: 50004 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (ZARAGOZA)	participant	241˙171.00
16	UNIVERSIDAD DE LA IGLESIA DE DEUSTO ENTIDAD RELIGIOSA UNIVERSIDAD DE LA IGLESIA DE DEUSTO ENTIDAD RELIGIOSA Organization address address: AVENIDA DE LAS UNIVERSIDADES 24 city: BILBAO postcode: 48007 website: http://www.deusto.es contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (BILBAO)	participant	232˙187.00
17	EDEX - EDUCATIONAL EXCELLENCE CORPORATION LIMITED EDEX - EDUCATIONAL EXCELLENCE CORPORATION LIMITED Organization address address: MAKEDONITISAS AVENUE 46 city: NICOSIA postcode: 1700 website: www.unic.ac.cy contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	CY (NICOSIA)	participant	195˙037.00

Map

Project objective

PARITY addresses the “structural inertia” of existing distribution grids by delivering a transactive grid & market framework that will increase the durability and efficiency of the electrical grid and facilitate the penetration of RES beyond 50% of the generation mix in the distribution network.

PARITY will go beyond the traditional “top-down” grid management practices by delivering a unique local flexibility market platform through the seamless integration of IoT and blockchain technologies. By delivering a market for automated flexibility exchange based on smart contracts & blockchain, PARITY will facilitate efficient and transparent local flexibility transactions and reward flexibility in a cost-reflective and symmetric manner, through price signals of higher spatio-temporal granularity based on real-time grid operational constraints and available DER flexibility.

Secondly, by deploying State-of-the-Art IoT technologies PARITY will offer distributed intelligence (DER profiling) and self-learning/self-organization capabilities (automated real-time distributed control), orchestrated by the cost-reflective flexibility market signals generated by the blockchain market platform. Within PARITY, DERs will form dynamic clusters that essentially comprise self-organized networks of active DER nodes that will efficiently distribute and balance global and local intelligence, enabling real-time aggregated & P2P transactions through enhanced forecasting, optimization and control of DER flexibility.

Finally, the PARITY solution includes novel tools for Active Network Management, including an innovative STATCOM and PQ monitoring device, that will enable the DSO to enhance its management capabilities, grid observability and RES hosting capacity.

The PARITY solution will be demonstrated in 4 pilot sites around the EU (ES, CH, SE & ES) to validate its effectiveness across climatic, cultural and techno-regulatory conditions.

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The information about "PARITY" are provided by the European Opendata Portal: CORDIS opendata.