Year: 2019-2022

Institute: AIT Austrian Institute of Technology

Description:

A holistic power system architecture includes all electrical equipment, customer plants and the market. All merged into one single structure, this ensures a reliable, safe and economical smart power system operation. The EU-funded FLEXGRID project will propose a holistic future smart grid architecture to boost interaction and integration of innovative models and meet future energy market requirements. The project will also develop flexible business models through the use of artificial intelligence that can be exploited by today’s energy service providers (ESPs) and renewable ESPs (RESPs) to ensure economic and operational advances. On the one hand, ESPs become more competitive and sustainable, and RESPs will exploit their production without risk.

Project consortium:

Etra Investigacion Y Desarrollo Sa, Spain, Smart Innovation Norway As, Norway, Nord Pool Consulting As, Norway, Nodes As, Norway, University of Cyprus, Cyprus, Sveuciliste U Zagrebu Fakultet Elektrotehnike I Racunarstva, Croatia, Hrvatski Operator Prijenosnog Sustava Doo, Croatia, Wemag Ag, Germany, Badenova Ag & Co Kg, Germany, Danmarks Tekniske Universitet, Denmark, Ait Austrian Institute of Technology Gmbh

Responsibilities:

Responsible for developing optimal power flow algorithms together with Denmark technical university that can capture the uncertainty in future energy markets. Developing renewable energy models that can capture the uncertainty in variables and provide frequency and voltage support.