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Topo Projetos

About the Project

DE-RISK: the adoption of Local Flexibility Markets to unlock the safe and reliable mass deployment of Renewable Energy Systems

Decreasing the risk of adopting Local Flexibility Markets by implementing Renewable Energy Systems

About the project:

DE-RISK aims at supporting the market uptake of renewable energy systems by fostering the adoption of Local Flexibility Markets (LFMs)and unlocking up to 100GW of flexibility in 2030 which will allow safe and reliable integration of RES in the grid. DE-RISK will achieve this ambitious objective by minimizing the investments and implementation risk through an innovative customer behaviour change journey that will increase end users' trust and willingness to participate in the flexibility markets.

Main objectives and activities:

  • DE-RISK integrates building, citizen and grid digital twins in its flexibility platform, capable of reducing the gap between simulation and real implementation, thus mitigating potential technical risks during the deployment and operational phase;
  • Within the scope of the project, innovative multi-sided business models will be developed, ensuring multi-benefits, fairness and sustainability for all actors, while disruptive financial schemes will be validated for democratizing access to sustainable investments;
  • Finally, experts will develop regulatory recommendations to support a fair, clear, and transparent adoption of LFMs.

Our Contribution

NOVA IMS leads the study of how consumers behave in local flexibility markets, focusing on understanding what factors drive behavior change and how this impacts consumer engagement. Building on our previous research into people's energy consumption habits, attitudes, and motivations for change, we're taking a fresh and innovative approach to create a specialized model for analyzing consumer behavior in energy markets and the use of renewable energy technologies. NOVA IMS will gather data from four European countries and use advanced structural equation modeling techniques for analysis.


Partnership: Weglobal Danismanlik (TR) (Coordinator), Que Technologies Kefalaiouchiki Etaireia (EL), Troya Genc Cevre Dernegi (TR), Uludag Elektrik Dagitim Anonim Sirkketi (TR),  National University Of Ireland Galway (IE), Universidade Nova De Lisboa (PT), My Energia Oner Sl (EE), R2m Solution Spain Sl (ES), Sofia Energy Agency Association (BG), Ecrowd Invest Plataforma De Financiacion Participativa Sl (ES), Gridpocket Sas (FR).

Contribution to the SDGs

  • SDG 7 Affordable And Clean Energy
  • SDG 9 Industry, Innovation, And Infrastructure
  • SDG 10 Reduced Inequalities
  • SDG 11 Sustainable Cities And Communities
  • SDG 12 Responsible Consumption And Production
  • SDG 13 Climate Action



Ref./Contract n.: 101075515

Funding Programme: Horizon Europe

Funding to NOVA IMS: €264.463,00

Duration: 01/10/2022 - 30/09/2025