FUTURE-PROOF INFRASTRUCTURE FOR SMART METER DATA

How might we provide smart meter data autonomy for prosumers in order for anyone mandated to use the smart meter data to create new feedback loops and invent new business models?


APPLICATIONS OPEN
January 20




ODYSSEY CONNECT
February 4-5




APPLICATIONS CLOSE
February 24




WORKSHOPS
May & September




MOMENTUM
November 13 – 15




ODYSSEY IGNITE
November & December




APPLICATIONS OPEN
January 20




ODYSSEY CONNECT
February 4-5




APPLICATIONS CLOSE
February 24




WORKSHOPS
May & September




MOMENTUM
November 13 – 15




ODYSSEY IGNITE
November & December



THE CHALLENGE

Create a publicly owned and privacy-by-design smart meter energy data exchange protocol, incentivizing all consumers and mandated stakeholders to contribute and use data. Starting with the Dutch and Swedish energy market, the solution is scalable for Europe. The protocol has an incentive model for self-maintenance and focuses on solving disturbances and on high-quality smart meter data.

CONTEXT

Smart meters have been introduced in European households with varying degrees of success. In the Netherlands, 73% of households now have a smart meter, in Germany 0%. The EU aims to replace at least 80% of electricity meters with smart meters by 2020 wherever this is cost-effective.

The smart meter is key to success in becoming a fossil-free continent, with emphasis on consumers becoming prosumers and on decentralized renewables instead of mainly centralized energy plants: without the data from the end user, every stakeholder (TSO, DSO, energy supplier, energy service company etc.) is left in the dark.

Current smart meter data collection and unlocking for stakeholders is centralized (DSOs are the gatekeeper, single point of failure), closed (access for mandated stakeholders only) and has a 24-hr delay. Looking at the possibilities decentralized technologies offer us, this is a suboptimal model for the future EU prosumer-driven energy market.

IMPACT

Real-time and higher-quality data and a transparent and inclusive system unlock new solutions and business models. The switch from privacy-by-law to privacy-by-design is more reflective of the actual and desired situation, more GDPR-robust and leads to more opportunities for consumers to go to market with their data.

A WINNING TEAM WILL...

Unlock the opportunities of the smart meter.
Demonstrate smart meter data feed and path, from consumer to every stakeholder in the chain.
Use a smart contract for solving smart meter disturbances—the cause of the system’s ineffectiveness.

Key element
Management of disturbances and data utilization.

ECOSYSTEM

Vattenfall (Energy supplier and (Swedish) DSO)
NEDU (Platform defining the Dutch market model for exchange of energy data)
Netbeheer Nederland (Dutch DSO collaboration)
RVO (Investment Agency of Dutch Ministry of Economic Affairs)
TenneT (Dutch TSO)
Svenska kraftnät (Swedish TSO)
Club van Wageningen (Energy change network)

WHAT HAPPENS
WITH THE WINNER

Vattenfall is committed to supporting the winning team in the future development of their product within a broad perspective out of all the challenge ecosystem stakeholders. Vattenfall supports the team and the solution, and collaborates with the right stakeholders towards a multi-stakeholder pilot.

SDG logo with UN Emblem_Horizontal Web

THIS CHALLENGE CONTRIBUTES TO SOLVING:

7.3 Improvement in energy efficiency.

12.8 Relevant information and awareness for sustainable consumption.

ELIGIBLE TEAMS

STARTUPS
ESTABLISHED STARTUPS
SCALE-UPS
SMES

TEAM QUALITIES

Teams who will use this challenge ecosystem as a launchpad and are willing to co-invest to take their solution forward.
Deep knowledge of DLTs.
Willing to be trained on energy market and its challenges through the challenge ecosystem.

REQUIREMENTS

PP

The solution is fully open-source and on the protocol level, preferably making use of microtransactions for settlement.

PP

Teams must explore possibilities for  several thousands of secure transactions per second, without long delays, for cost-efficient solutions so that anyone can contribute and share.

PP

Teams must be creative to rethink the system and not just improve on the current one.