REEFLEX is EU Horizon project which aims to generate niches of opportunities for new cross-sector energy services provided by SMEs and start-ups in demand side flexibility markets and to increase participation of energy consumers in demand side flexibility markets. By developing an interoperability platform and service catalogue, the project aims to maximize the flexibility of distributed energy resources while taking into account different end user profiles and infrastructure limitations. The project also plans to generate a common operation market model using AI-driven intelligence services and automation systems, along with distributed ledger technologies to enhance transparency and trust. This will help to reduce market entry barriers and costs, and encourage greater participation from energy consumers. With the ability to earn new revenues from data and flexibility transactions, consumers will also benefit from innovative, personalized, and data-driven services that enable smart, human-centric control of their assets for demand response or self-consumption.
The REEFLEX Horizon project, a collaborative endeavour involving 27 partners from various countries, celebrates its first-year milestone in January 2024. Launched in January 2023, the project is dedicated to developing practical solutions and services that empower energy consumers to actively participate in demand side flexibility (DSF) markets. The primary aim of the REEFLEX project is […]