Smart Energy Platform Facilitating the Cyprus Liberalized Energy Market
| Host Organisation: | Eletoyia Estates Ltd |
| Partner Organisation(s): | PA 1: University of Cyprus PA 2: G.M EuroCy Innovations Ltd |
| Project Budget: | 231.580,00 € |
| IDEK Funding: | 180.139,60 € |
This research proposal fills two major gaps of the Cyprus electricity market:
1. Provides the means for applying the issued regulations that regulate the relationship between the generation side and the supplier side.
2. Provides the framework under which the prosumers will choose their supplier, by matching the net consumption/injection profile with the most profitable energy plan/tariff of the supplier.
The EnergyXchange project, aims to bridge the aforementioned gaps, by bridging the academic and industry worlds and exploiting the recent advances in intelligent ICT solutions.