Blockchain based ElectricitY trading for the integration Of National and Decentralized local markets

  • Ongoing
  • Started: Dec 2019
  • Expected end: Nov 2022


Project description

The BEYOND project integrates regional-local-prosumer electrical systems by implementing a secure, automatized and decentralise local market based on smart contracts and blockchain technologies. This will be validated and demonstrated based on the "need-owners" (market actors: include con-\ prosumers, aggregators, communities) along with stakeholder engagements (especially DSOs and market operators) activities

In Austria in three demo-sites (municipality and cooperative of SMEs) the developed market design of local markets will be tested. The Austrian consortium covers the whole value chain of the need-owners. User-centred co-creation processes enable people, communities, districts, cities and regions to be actors in the future sustainable energy supply; establish new cooperative partnerships and stakeholders including con-\ prosumers in the innovation process. 

Last updated: 22 Jun 2020