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:
The project started in January 2020 and has a duration of 42 months
This project has received funding from the European Union’s Horizon 2020 Research and Innovation programme under Grant Agreement No 872734
Network Management, Electricity Value Chain, Big Data, Artificial Intelligence, Renewable Energy, Data-driven Business Models, Data Analytics, Data Sharing, Blockchain
24 Partners in 9 countries (Spain, Greece, Finland, Cyprus, Croatia, Italy, Portugal, Austria, Denmark)
SYNERGY will attempt to unleash the data-driven innovation and collaboration potential across currently diversified and fragmented electricity actors, acting as a multiplier of the “combined” data value that can be accrued, shared and traded, and re-conceiving real-time data sharing against traditionally bilateral contracting applied in the electricity sector, to enable holistic optimization of the operation of electricity networks and the energy performance of their constituent components (RES plants, buildings, districts).
To deliver a novel Big Data platform powered by energy-related data that effectively addresses the complexity of the energy/ electricity sector value chain interactions and allows for the delivery of innovative Energy-as-a-Service offerings, through central as well as federated experimentation with big data analytics, service composition, data sharing, assets reuse and business value generation.
To integrate existing big data technologies, tools, and libraries, with energy sector legacy systems and ICT-enabled assets and components to accelerate the data management and analysis cycle for powering the SYNERGY platform, turning the 4 Big Data V’s into Stakeholder Value.
To deliver an innovative, secure, privacy-preserving, and IPR respecting multi-party data exchange and sharing framework, propelling the creation of a joint venture of data owners and analytics providers.
To enable the delivery of added value services that satisfy emerging energy sector stakeholders needs and effectively contribute to the short-, mid- and long term targets for a cleaner, more sustainable and more efficient energy system characterized by maximized RES integration, increased Energy Efficiency, enhanced Consumer.
To bring forward novel collaborative business models driven by big data sharing and analytics services, benefiting the whole value chain of actors relevant to the electricity domain.
To deliver a reference big data platform architecture and implementation for the electricity data value chain, validated through a set of representative, large-scale, and long-lasting demonstrators.
To promote the adoption of the SYNERGY solution as a next-generation Big Data Platform for data sharing-based EaaS applications through intense dissemination and knowledge transfer of the project’s outcomes towards the targeted stakeholders, reaching out to international audiences within and beyond the EU.
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:
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.