- • Horizon Europe grant of approximately Euro 0.5 million for interactive simulations to support investments in green energy and governance of CERs.
- Pilot sites planned in Italy, France, Sweden and Turkey, in compliance with the respective regulations
algoWatt, a GreenTech Company listed on the Euronext Milan market of Borsa Italiana, has been awarded a loan of approximately Euro 0.5 million for its activities as Digital Energy solution provider and system integrator on the MASTERPIECE (Multidisciplinary Approaches and Software Technologies for Engagement, Recruitment and Participation in Innovative Energy Communities in Europe) project financed under the Horizon Europe programme. MASTERPIECE aims to create a digital arena of coordination and cooperation that will facilitate the creation and operation of energy communities across Europe. The tools provided to energy community members to contribute to the services envisaged by the new market dynamics and regulatory environment will be the distinction of the overall solution offered by the project, conceived as participatory by design. The project will follow a step-by-step implementation approach, using use cases with different maturity and technology maturity levels to validate and evaluate the proposed innovations, and will exploit the participation of 4 pilot sites in different geographical areas and within different operational/political frameworks (France, Italy, Sweden and Turkey). Within the project, algoWatt is leading the activities to develop tools, in line with the product development roadmaps for business solutions in the specific context (https://algowatt.com/comunita-energetiche), for:
- Interactive decision-support simulations for sustainable energy investments in renewable energy communities;
- Governance, management and operation of heterogeneous renewable energy communities.
The objectives of the project are:
- develop technical and social innovations to empower traditional energy consumers and make them active agents of collaborative energy communities, paving the way for a new energy market paradigm;
- create user-centred solutions based on participatory approaches such as co-creation and of course accelerate citizen involvement;
- propose new business strategies and incentive mechanisms that trigger the reactions of market players eager for business opportunities involving energy use and cost reduction;
- set up a standardised and robust cyber security infrastructure so that active citizens are protected from cyber attacks, at the same time privacy is defended in accordance with the revised EU Energy Performance of Buildings Directive (EPBD) and the GDPR law, and, finally;
- demonstrate the applicability and replicability of methodological, technical and business innovations in a variety of real pilot projects in different geographical locations, with heterogeneous social and economic environments and different regulatory/administrative frameworks.
The MASTERPIECE project, with a total duration of 42 months and a total investment of around Euro 7 million (EU funding of around Euro 6 million) is coordinated by the Universidad de Murcia (ES) and involves 18 partners. The MASTERPIECE project received funding from the European Union’s Horizon Europe research and innovation programme under Grant Agreement No. 101096836.