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.

Asset 1

objectives

The PARITY project focuses on 6 main objectives:

Partners

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The surveys for mapping the equipment and legacy of PARITY pilot sites infrastructure, are finalized under the responsibility of BFS. More than 70 pilot sites have been surveyed in 4 different countries. The results will be used to create the equipment installation planning

We are seeing a significant change in the energy market, resulting from a mix of evolving regulations, technologies and customer behavior. PARITY seeks for your view on the energy market transformation,
through this questionnaire ➡️
https://t.co/YRLrJo2Yoa

📢Webinar regarding "Tertiary regulation market and quarter hour programming" is organized by @URBENER October 21st @ 10:00 CET. To participate register in advance through this link
➡️ https://t.co/AWe9ah52ar

📢The second PARITY #newsletter has been issued. To download it and register to receive the latest news from us, visit https://t.co/yGStwc8Zdm

📖 The article "Photovoltaic Generation Impact Analysis in Low Voltage Distribution Grids" has been published in #Energies magazine under the @Parity project!
Full article here 👉🏻 https://t.co/jBZzypElRv
@fCIRCE @Cuerva

In the context of the design of Next-generation Energy contracts, PARITY has designed a 5mins #survey 📝 to poll the perception of users. Your answers are welcomed.
#H2020 #H2020energy
https://t.co/aiHpD8Q5MI

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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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