Changes for page Bright

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1		-References.2\. Literature Review.2\.7\: Finance and blockchain.WebHome
	1	+2\. Literature Review.2\.7\: Finance and blockchain.WebHome

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2		-|**Entry No**|AUTH 12
3		-|**Strategic area(s)**|Finance and Blockchain
4		-|**Name of partner**|AUTH
5		-|**Resource / link**|(((
	1	+|Entry No|AUTH 12
	2	+|Strategic area(s)|Finance and Blockchain
	3	+|Name of partner|AUTH
	4	+|Resource / link|(((
6	6	HORIZON 2020 project named: Bright
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8	8	Boosting DR through increased Community-level consumer engaGement by combining Data-driven and blockcHain technology Tools with social science approaches and multi-value service design
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10	10	[[https:~~/~~/www.brightproject.eu/>>url:https://www.brightproject.eu/]]
11	11	)))
12		-|**Location, Description of intervention/project**|(((
	11	+|Location, Description of intervention/project|(((
13	13	* Belgium: Local Energy Cooperative multi-market centralized aggregation for value stacking flexibility services.
14	14	With the collaboration of the inhabitants, the objective of this pilot is to execute a consumer characterisation that allows estimating the potential inclusion of the site’s dwellings in a virtual power plant system. Both the response to financial and non-financial incentives will be investigated by means of social incentive design and the representation of end users in a ‘digital twin’ simulation.
15	15	* Slovenia: Virtual Community Decentralized Aggregation and non-energy smart home AAL & safety service.
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19	19	* Greece: Virtual Community Centralized Aggregation and energy management services.
20	20	The implementation of the Greek pilot will take place across a wide range of residential buildings in three Greek regions (Thessaloniki, Volos, Halkidiki) with diverse meteorological characteristics and energy profiles. All buildings provided from WVT are equipped with advanced IoT sensors, home automation and monitoring equipment “smartwatt” as well as with energy metering infrastructures. In addition the households of DOMX customers are equipped with the company’s heating controller, the home-IoT gateway and activity sensors. The pilot’s objective is to showcase how IoT-assisted energy and comfort management services can be combined with cross-energy services for decentralized communities of consumers, promoting their participation in DR schemes, while offering reduced consumption patterns for the end users and improved flexibility models for the suppliers.
21	21	)))
22		-|**Geographical scale of the project**|Community-level in 4 demo-sites across Belgium, Slovenia, Italy, Greece
23		-|**Background information**|Today’s energy market is humming to a new beat – one that is electrified with larger renewable energy sources and more opportunities for demand response (DR). The EU-funded BRIGHT project will work to maximise the potential of DR at the consumer level, harnessing the potential of blockchain technology to deliver data-driven cross-stakeholder and cross-domain energy fingerprinting services. Specifically, it will design a co-creation process that lifts individual consumers to centre stage in order to deliver a DR that is multi-layered, community-centred, cross-domain, adaptable and multi-timescale. It will also combine user experience design driven by social science for user behaviour motivations that may include monetary and non-monetary incentives. Moreover, BRIGHT is focused on the use of digital twins for improved consumer predictability as well as artificial intelligence data-driven energy and non-energy services.
24		-|**Objectives defined**|The increasing electrification of heat and transport coupled with larger RESs deployment of decentralized RESs is disclosing new additional opportunities for demand response. However, DR potential has been exploited so far to a very limited extent at end consumer residential level, due to technologies immaturity, regulatory fuzziness, distorted business framework preventing end consumers to capture an appropriate value. To cope with the above challenges, BRIGHT  will leverage on a participatory co-creation process to bring individual consumers center stage to deliver a  multi-layered community-centred cross-domain adaptable multi-timescale DR supporting framework which combines social-science-driven user experience design for user behavior motivations and monetary/non-monetary incentive design, Digital Twins models for improved consumer predictability, multi-layered P2P DLT/blockchain/smart contracts based semi-decentralized VPPs for capturing intra-community interaction dynamics,  value stacking flexibility management algorithms and other AI data-driven energy and-non energy services at the interplay among energy (power, heat, gas), mobility, health (comfort), smart home (AAL, personal safety).
25		-|**Metrics used**|N/A
26		-|**Diversity dimension and findings**|N/A
27		-|**Result summary**|Programme ongoing
28		-|**Input for DivAirCity and action items**|(((
	21	+|Geographical scale of the project|Community-level in 4 demo-sites across Belgium, Slovenia, Italy, Greece
	22	+|Background information|Today’s energy market is humming to a new beat – one that is electrified with larger renewable energy sources and more opportunities for demand response (DR). The EU-funded BRIGHT project will work to maximise the potential of DR at the consumer level, harnessing the potential of blockchain technology to deliver data-driven cross-stakeholder and cross-domain energy fingerprinting services. Specifically, it will design a co-creation process that lifts individual consumers to centre stage in order to deliver a DR that is multi-layered, community-centred, cross-domain, adaptable and multi-timescale. It will also combine user experience design driven by social science for user behaviour motivations that may include monetary and non-monetary incentives. Moreover, BRIGHT is focused on the use of digital twins for improved consumer predictability as well as artificial intelligence data-driven energy and non-energy services.
	23	+|Objectives defined|The increasing electrification of heat and transport coupled with larger RESs deployment of decentralized RESs is disclosing new additional opportunities for demand response. However, DR potential has been exploited so far to a very limited extent at end consumer residential level, due to technologies immaturity, regulatory fuzziness, distorted business framework preventing end consumers to capture an appropriate value. To cope with the above challenges, BRIGHT  will leverage on a participatory co-creation process to bring individual consumers center stage to deliver a  multi-layered community-centred cross-domain adaptable multi-timescale DR supporting framework which combines social-science-driven user experience design for user behavior motivations and monetary/non-monetary incentive design, Digital Twins models for improved consumer predictability, multi-layered P2P DLT/blockchain/smart contracts based semi-decentralized VPPs for capturing intra-community interaction dynamics,  value stacking flexibility management algorithms and other AI data-driven energy and-non energy services at the interplay among energy (power, heat, gas), mobility, health (comfort), smart home (AAL, personal safety).
	24	+|Metrics used|N/A
	25	+|Diversity dimension and findings|N/A
	26	+|Result summary|Programme ongoing
	27	+|Input for DivAirCity and action items|(((
29	29	[[https:~~/~~/cordis.europa.eu/project/id/957816/results>>url:https://cordis.europa.eu/project/id/957816/results]]
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31	31	* Requirements related to Privacy, Cybersecurity, Ethics, and Legal dimensions