R&D NESTER AND REN PARTICIPATE IN THE 1ST PLENARY MEETING OF THE EUROPEAN PROJECT HEDGE-IOT
R&D Nester was present in the 1st Plenary Meeting of the project HEDGE-IoT held in Arnhem, Netherlands.
The project, HEDGE-IoT - "Holistic approach towards Empowerment of the DiGitalization of the Energy ecosystem through adoption of IoT solutions", is founded by the European commission and is composed of 42 partners including large ICT companies, leading RTOs, SMEs, energy stakeholders, EU-level associations and legal & regulatory experts from 13 European countries.
HEDGE-IoT has the objective to "revolutionize energy systems by deploying IoT assets across different levels, from behind-the-meter to the TSO level, and infusion intelligence into the edge and cloud layers using advanced AI/ML tools".
In addition to contributing in multiple work packages inside the project, R&D Nester, along with REN, take action in the Portuguese pilot which has the ambition to optimize and facilitate the deployment of grid flexibility services in residential and commercial energy communities located in different geographies of the country. Specifically, R&D Nester's expertise on energy market participation and simulation capabilities will path the way towards a future implementation and adoption of client participation in ancillary services' markets.
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