DECENT final project presentation: Co simulation the virtual smart neighborhood
The DECENT idea is to interconnect several neighbourhood buildings at one marketplace to share resources. We presented the results of the corresponding market simulations during this last technical presentation. First, the connection of several virtual participants helped to decrease the peak demand compared to non-market scenarios as expected. Second, we were able to obtain a high share of autonomy with the framework.
Concluding, cross-commodity sharing proved to be a promising technology and urges for further research. This is a presentation from the final presentation of the DECENT project. DECENT stands for DEcentralized Cross-comodity ENergy-sharing in smarT neighborhoods. More info at https://decent.future-iot.org/
DECENT is a BMWi/ Business Finland funded project that ran from 2018-2021 with the consortium TUM, fortiss, Framatome, IBDM in Germany, and VTT, Enerim, and Wirepas on the Finnish side.
Enabling cross-commodity energy sharing for a more sustainable future! High potential lays in the more and more decentralized energy production and storage in Europe. However, the emerging flexibility potential can currently not be used due to a missing technological, economical, and legal base.
DECENT targets all three aspects:
- The project develops an ICT solution for cross-commodity sharing and management of energy (electricity, heating, cooling and storage) in smart neighborhoods.
- Based on the novel infrastructure, business models will be evaluated.
- Relevant legal implications will be assessed and recommendations towards policy makers will be given.
The project follows an agile, iterative development process by setting up a virtual smart neighborhood that consists of real hardware and co-simulations distributed at the partner’s sites. The continuously tested ICT solution enables local decentralized energy trading through blockchain technology, taking into account the interests of all stakeholders. The linking of different energy resources is supported by AI and enables their optimal use across building boundaries. The evaluation of the resulting new business models leads to recommendations regarding the current legal framework.