INTERACT WITH DIGITAL TWIN SIMULATIONS OF MULTIPLE TRANSACTIVE GRIDS
How might we integrate an inclusive market design utilizing D3A, enabling every producing consumer to become an ‘energy company’?
March 3 – 10
April 3 – 5
May 11 – 15
March 3 – 10
April 3 – 5
May 11 – 15
Build an application using www.D3A.io to simulate the bottom-up energy market of the future. Enable consumers to become active market prosumers, and find the new technical, regulatory and business roles of energy companies, DSOs, TSOs and regulators.
The energy market is transforming at an ever-increasing speed. It is decentralizing because the market is at the parity point, where generation behind the consumer’s meter is competitive to the legacy system.
The current energy grid was not designed for the energy going two ways. It’is monopolistic, top-down and the final consumers are not considered as active market players.
Regulators are drafting new opportunities that will enable prosumers to actively participate in the market. This transformation creates very large technical, regulatory and business challenges for all stakeholders in the market: energy companies, DSOs, TSOs, final consumers and regulators.
In this track, all stakeholders come to the table to experiment and immediately validate new ideas and solutions.
The Energy Singularity track has two bounties, for teams to choose one or two. The cash rewards of this track will be split between these 2 bounties.Click here to read more
Future energy markets are driven bottom-up, with advantages such as security, economics and scalability over top-down markets. Selling your energy to your neighbor means less loss of energy and costs due to transportation: selling to your neighbor = more revenue for your energy. For the consumer there is a plethora of new degrees of freedom and interaction like this one, as energy is one of the underlying essences that connects all businesses within society.
A WINNING TEAM WILL...
Bounty 1 – Energy Communities
Design the best trading algorythims
Develop an optimal data sharing solution
Enhance the D3A model (or break it:)
Bounty 2 – Consumer interaction
Invent a new form of interaction around energy trading
Reinvent how end consumers think about electricity to make it a new form of communication
Florence School of Regulation
WITH THE WINNER
Winner joins deployment of digital twin.
The partners of the track aim to contract the best team for both the Energy Communities as the Consumer Interaction stream, for the deployment of D3A.
THIS CHALLENGE CONTRIBUTES TO SOLVING:
7.3 By 2030, double the global rate of improvement in energy efficiency.
The team is creative, entrepreneurial and can combine many stakeholders’ POVs and interests.
The team is data scientist/researcher heavy.
The team understands the potential gravity of its solution.Teams use this challenge ecosystem as a launchpad.Willing to co-invest to take your solution forward.Deep knowledge of DLTs.Willing to be trained in the energy market and its challenges.
*Consumer Interaction stream specific: amazing UX/IE qualities.
START YOUR JOURNEY
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February 4-5 in The Hague, The Netherlands.
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