Welcome to PARITY Main Mission

“The aspiration of PARITY project is to address the “structural inertia” of existing distribution grids by delivering a transactive grid & market framework. PARITY will go beyond the traditional “top-down” grid management practices by delivering a unique local flexibility market platform through the seamless integration of IoT and blockchain technologies. By delivering a market for automated flexibility exchange based on smart contracts & blockchain, PARITY will facilitate efficient and transparent local flexibility transactions and reward flexibility in a cost-reflective and symmetric manner, through price signals based on real-time grid operational constraints and available DER flexibility. By deploying State-of-the-Art IoT technologies PARITY will offer distributed intelligence (DER profiling) and self-learning/self organization capabilities (automated real-time distributed control), orchestrated by the cost- reflective flexibility market signals generated by the blockchain market platform. Within PARITY, DERs will form dynamic clusters that essentially comprise self- organized networks of active DER nodes that will efficiently distribute and balance global and local intelligence, enabling real-time aggregated & P2P transactions through enhanced forecasting, optimization and control of DER flexibility. Finally, the PARITY solution includes novel tools for Active Network Management, including an innovative STATCOM and PQ monitoring device, that will enable the DSO to enhance its management capabilities, grid observability and RES hosting capacity.”

the vision

the parity vision

PARITY addresses the “structural inertia” of DGs by delivering a transactive flexibility framework that will increase durability and efficiency of the electrical grid, while simultaneously enabling the adoption of more RES through enhanced real- time control of DER Flexibility combined with novel Active Network Management functionalities.

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The PARITY project focuses on 6 main objectives:


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P2P markets are the way to go in order to decarbonize the energy sector!
Good to know that others researchers
( https://t.co/frmHDunWjT) have found similar results to our's ( https://t.co/Q8g3KR6KHw):
Development of the PARITY smart contracts is proceeding to take into account both the designed local energy markets and the last features available in the @cosmos platform to enhance the integration of PARITY solutions in #Cosmos universe #IBC #Interchain
Roll-out phase for the PARITY solution started at the Swiss pilot sites. For the pre-validation phase, a commercial building was selected to test different home automation devices (sensors and controllers) and their communication with the PARITY optimization algorithm. Stay tuned
The installation of hardware is in full swing at the Swedish pilots. Once the stationary storage is commissioned, testing of the Virtual Power Plant can begin. @EON_Nordic @EU_H2020 #watchthisspace
Installations are initiated around the PARITY pilot sites, getting ready to connect a variety of DERs and improve resilience of the electrical grid. In Sweden, battery storage technology is optimized for both multi-residential and commercial applications. Stay tuned!
Learn about how PARITY's technologies are enabling energy customers and communities to participate actively in the energy transition. Tune in to this year's @sustainplaces, starting on the 28th of September in Rome! A presto!

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This project has received funding from the European Union’s Horizon 2020 Framework Programme for Research and Innovation under grant agreement no. 864319

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