On June 24th, the new initiative IO.Energy (Internet Of Energy) facilitated by ELIA, ORES, Fluvius, Sibelga, Resa, has organized the Ideation closing event, a first important milestone. At the end of the day, 8 projects were indeed selected to help shape the energy landscape of the future.
Belgium is a leading country in terms of demand response. However, there is still a large part of distributed flexibility that cannot be leveraged towards System Operators, due to a lack of information available. The objective of Soteria is to connect all actors required to unlock this unused distributed flexibility and ensure a proper Consumer-TSO-DSO coordination to guarantee safe operation of the grids.
The market-clearing algorithm developed by N-SIDE will optimize the activations to maximise the revenues to the sellers, minimize the costs to the system operators and ensure the grid constraints are respected.