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Research Policy & Development

CRETE VALLEY

CRETE VALLEY: A new project to pioneer the first renewable energy valley in Europe

A new project to pioneer the first renewable energy valley in Europe

CRETE VALLEY aims to create a Renewable Energy Valley 'Living Lab' (REV-Lab) in Crete. It is envisioned as a decentralised renewable energy system that combines leading-edge ICT technologies, interoperable and open digital solutions (including data sovereignty), social innovation processes, and sound business models that are easy to adopt. CRETE VALLEY will demonstrate a digitalised, distributed, renewable, low carbon landscape that is affordable for all and fully covers the local energy needs on an annual basis, utilizing multiple renewable energy carriers and leveraging energy storage technologies. The REV-Lab will integrate four Community Energy Labs (CELs) located in distinct sites across CRETE VALLEY, conceived as Innovation Hubs. An integrated social, technological & business approach will be deployed, providing: A Social Science Framework for REV-Labs & CELs, innovative multi-level governance models & social-driven mechanisms for involving citizens in the co-design, implementation and exploitation of RES; AI-based market segmentation algorithms, MCDA methods and consensus analysis for REV configuration; Interactive tools for REV planning (REV Readiness Assessment & computation, Augmented Reality applications, decision support tool); Energy Data Space compliant digital backbone for consumer and REV-level data-driven ‘activation’; P2P DLT/Blockchain digital marketplace for tokenised energy and non-energy assets valuation and reciprocal compensation; Data-driven operational analysis, advanced AI/ML tools and flexibility modelling services for optimal operation & resilience of the local energy grid; System-of-system Dig. Twin for multiple carrier grid management & operation; Data-driven services and apps for energy efficiency and activation performance management towards energy autonomy; Enabling RES technologies to increase the power production; REV Business Sandbox and blueprints for REV-Lab setup, upscaling and replication (including 4 Follower Communities).

CRETE VALLEY is led by the Institute of Communication & Computer Systems of the National Technical University of Athens (ICCS) and brings together 41 partners from across all of Europe. The 5-year project was launched on 12 December in Athens. The Centre for Social Innovation (ZSI) leads all co-creation activities in WP2 of the CRETE VALLEY project.

Team:

Section: Research Policy & Development

Partners:

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Tags: co-creation, energy citizenship, energy transition, social innovation

Type: Research

Program: HORIZON-CL5-2023-D3-01

Submission Date: 03/2023

Start/End: 12/2023 -

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