STREAM project aims to create an innovative and robust flexibility ecosystem (“STREAM Ecosystem”) on the low voltage (LV) grid side of existing power markets connecting data, technologies, stakeholders and markets, thus facilitating the flexibility provision.
The aim is to increase and facilitate collection, integration, analysis and utilization of data, both legacy and where available, open data to enable innovative energy and non-energy data-driven services, by leveraging on, and evolving standardizable capabilities and technological tools to facilitate secure data sharing and exchange as the baseline building blocks of the STREAM Ecosystem framework.
Tailor-made services for end users
A service offering will be developed via the STREAM Ecosystem platform, which will allow the digitalization and addition of a wide array of technologies for offering flexibility services on local energy markets via a scalable and easy-to-implement user service framework. This service design will need to be carefully considered based on the specific consumer’s desired level of involvement and the platform would focus on increasing the ease of participation and tailoring the amount of data reaching the consumer.
Utilization of local flexibility
The main aim is to develop a local market design on the LV grid that will enable the cross-integration of key stakeholders and facilitate cost-effective rendering of flexibility services via aggregation from consumers to flexibility & market operators and finally DSOs and TSOs. The key component of this objective is the establishment of a standard Device Register, which will be used to integrate consumer flexibility capacity, enable flexibility capacity and flexibility utilization.
Inform decision-making of policy makers and regulators
The introduction of a robust flexibility market via sMART and the unlocking of new, untapped business models for flexibility services will equip network operators and NRAs with new information and valuable insight to inform their decision-making processes for any planned grid upgrade and regulatory/policy changes that impact the structure and operation of local, national and international power markets.