SYNERGY HORIZON 2020

SYNERGY introduces a novel framework in response to the need for “end-to-end” coordination between the electricity stakeholders – not only in business terms but also in exchanging information

The framework references significant data architecture that leverages data, primary or secondarily related to the electricity domain, coming from diverse sources. That can be APIs, historical data, statistics, sensor/IoT data, weather data, energy market data, and other open data sources.

A big data and AI analytics platform like this is due to help the electricity value chain stakeholders to:

  • Simultaneously enhance their data reach
  • Improve their internal intelligence on electricity-related optimization functions while getting involved in novel sharing/trading models of data sources and intelligence to gain better insights
  • Shift individual decision-making to a collective intelligence level

Duration

The project started in January 2020 and has a duration of 42 months

Funding

This project has received funding from the European Union’s Horizon 2020 Research and Innovation programme under Grant Agreement No 872734

Keywords

Network Management, Electricity Value Chain, Big Data, Artificial Intelligence, Renewable Energy, Data-driven Business Models, Data Analytics,  Data Sharing, Blockchain

SYNERGY

24 Partners in 9 countries (Spain, Greece, Finland, Cyprus, Croatia, Italy, Portugal, Austria, Denmark)

The project’s specific objectives are:

Synergy Framework

End-to-end optimization of power grids across the whole value chain relies on a deep and comprehensive understanding of real-life complexities imposed during actual operation and the smooth end-to-end interoperable communication and data sharing between all actors and sub-systems involved.

Both these parameters span four interrelated areas:

  • Physical systems (energy systems, energy equipment, and energy networks)
  • Human systems (communities, building occupants and their behaviours)
  • Energy markets (transaction requirements, flexibility boundaries and access of small prosumers)
  • General surrounding environment (weather fluctuations and impact on the other systems).

In this context, SYNERGY will establish a highly effective, innovative, and scalable reference architecture and implementation for a Big Energy Data Platform and AI Analytics Marketplace. It will be accompanied by big data-enabled domain-specific applications for the totality of electricity value chain stakeholders. The stakeholders comprise the SYNERGY Big Data-driven Energy-as-a-Service (EaaS) Framework.