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R&D Nester participates in OSMOSE European project

 

R&D Nester is partner in OSMOSE: Optimal System-Mix of Flexibility Solutions for European Electricity, a project awarded for financing by the European Union under the Horizon 2020 program. The project has a duration of four years, starting in 2018 until the end of 2021. The total budget of OSMOSE is around 22M€.

OSMOSE project joins 33 European partners including Transmission System Operators, electricity producers, industrial manufactures, IT and consulting companies, research centers and universities. Participating TSOs include REN, ELES, ELIA, RTE, REE and Terna. Other relevant players such as ABB, EFACEC, SAFT or ENEL are also part of OSMOSE consortium.

R&D Nester and REN were present in the kick-off meeting of the European project. The event happened on 13 February in Paris, organized by RTE, the coordinator of the project. The meeting intended to initiate the activities of OSMOSE, bringing together project's partners.

The major objectives of the OSMOSE project include the demonstration of different flexibility technological solutions, increasing their techno-economic feasibility and scalability, the forecast of the economically optimal mix of flexibilities for the future European electricity system and the proposal of new market designs and regulation facilitating the optimal mix of flexibility and maximizing social welfare.

R&D Nester contribution to the project focuses on the dimensions related to the identification of the optimal mix of flexibilities in the electricity system, the development of innovative market designs and regulation, as well as on interoperability related challenges to promote flexibility solutions, including through the use of IEC 61850 standard and an improved TSO-DSO coordination.

This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 773406

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