Project Acronym: X-FLEX
Project Full Title: Integrated energy solutions and new market mechanisms for an eXtended FLEXibility of the European grid
Duration: 01/10/2019 – 30/09/2023
Topic: LC-SC3-ES-1-2019 - Flexibility and retail market options for the distribution grid
Project Website: http://xflexproject.eu/
Suite5 in X-FLEX
Suite5 is responsible for the development and testing of tools for aggregators and flexibility managers. The main innovation is the delivery of a context aware demand flexibility framework to enable participation of demand in the emerging flexibility markets.
The need for more flexible electricity markets to match demand with supply is becoming more urgent as renewables are comprising a larger portion of Europe’s energy supply. The EU-funded X-FLEX project is supporting this new era of energy generation and production. It proposes a set of integrated solutions that will facilitate the optimum combination of decentralised flexibility assets. This will allow grid operators and prosumers to offer flexible grid solutions in the local and wholesale market, creating benefits along the smart grid value chain. X-FLEX solutions will be tested in four pilot sites in three member states – Bulgaria, Greece and Slovenia. Such flexibility options are instrumental in achieving a secure, flexible, and sustainable grid that can handle supply-demand variability.