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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objectives

The PARITY project focuses on 6 main objectives:

Partners

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URBENER
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HEDNO
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In PARITY we are testing a planet-positive use of #blockchain to certify the comfort of prosumers while exploiting their #flexibility to support a robust and resilient operation of the electrical grid.

#innovation #EU_H2020

Stationary batteries and inverters have been delivered to the Swedish pilots sites, awaiting installation in autumn. We will soon be sharing updates, but for now, we wish you a relaxed summer! @EON_Nordic @EU_H2020 https://t.co/of5W9ccpaZ Parity_H2020 photo

Increasing demands on uptime and redundancy in a connected world is one driver of investments in #EnergyStorage. This is an opportunity for system integrators and electrical grid operators to capture #flexibility capable of supporting the electrical system.

#EU_H2020

In the incoming weeks, the necessary devices for @urbener pilot plants will be installed. This contributes to the development of #flexibilitysolutions

The first PARITY Project Video is now available in the project website! Check it out!

https://t.co/srTeeG9q0P

- Knock, knock…
- Who’s there?
- Models!
- Models who?
- Our human-centric Power-to-Heat models by @HT_EnergyLabs, the key prerequisite for estimating #flexibility without compromising your comfort!

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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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