ICEBERG
About: In recent years, due to the rising concern posed by climate change, there has been an increasing integration of renewable resources in electric power systems. Unfortunately, these renewable resources come with a serious problem, specifically their uncertain availability. This has been making the transition to renewable resources more difficult, especially in distribution systems where storage systems (eg electric vehicles) and renewable resources (eg rooftop solar panels) are increasingly present. The EU-funded ICEBERG project aims to assist the transition to renewable resources in electric power systems. It will accomplish this goal by developing a platform for optimizing the provision and pricing of energy in distribution networks. This platform will rely on state of the art computational methods, and will transpose lessons learned from the design of electricity markets at the high voltage grid to local energy markets at the distribution grid.
Duration: 1 October 2021 - 30 September 2026
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