CROSSBOW: CROSS BOrder management of variable renewable energies and storage units enabling a transnational Wholesale market
CROSSBOW project aims at the successful deployment of a set of technological solutions which will enable to increase the shared use of resources to foster transmission networks cross-border management of variable renewable energies and storage units. This will enable a higher penetration of clean energies whilst reducing network operational costs and improving economic benefits of RES and storage units.
The project will demonstrate a number of different technologies offering TSOs increased grid flexibility and robustness through:
- Better control of cross-border balancing energy at interconnection points,
- New storage solutions – distributed and centralized-, offering ancillary services to operate Virtual Storage Plants (VSP);
- Better ICT and Communications -e.g. better network observability, enabling flexible generation and Demand Response schemas and the definition of a transnational wholesale market, proposing fair and sustainable remuneration for clean energies though the definition of new business models supporting the participation of new players –i.e. aggregators- and the reduction of costs.
EU research project
Nov. 2017 - Oct. 2021
Budget € 21.842.647,88
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under the grant agreement Nº 773430.