Join us for a webinar with José Villar (INESC-TEC, Portugal) on managing collective self-consumption and local flexibility using the RECreation platform.
The RECreation platform started with the national Portuguese project DigitalCER, and has been enhanced with flexibility markets support in the BeFlexible project, where it is also being integrated into the GDBN, a digital platform to support the flexibility energy-centric value chain (topic of a future webinar) and into SAP store and ecosystems.
In this webinar, we will explore key concepts such as self-consumption, sharing mechanisms, and allocation coefficients, as well as the structure and operation of Renewable Energy Communities (RECs). The session will cover local energy markets, pricing mechanisms, transaction management, and settlement processes. Additionally, we will discuss how RECreation can support the participation of REC in flexibility markets.
A live demonstration or illustrative slides of the RECreation platform will highlight its key functionalities and practical applications. Don’t miss this opportunity to delve into innovative energy solutions.
Intended audience
Energy professionals, Engineers, Researchers, Academics, Policy makers, Regulators, Utility companies, Distribution System Operators (DSOs), Project managers, EU project stakeholders, Renewable Energy Community (REC) members, Energy community promoters, Technology developers.
Key messages
- Collective self-consumption integrates final consumers into the energy markets and helps to integrate renewable generation, reduces reliance on external supply and improves local energy balance.
- The RECreation platform enables efficient management of collective self-consumption through transparent sharing mechanisms and allocation coefficients.
- RECreation provides practical tools for transactions, settlement, and integration with DSOs.
- Local energy markets and pricing models are essential for empowering Renewable Energy Communities (RECs).
- RECreation provides support for flexibility markets, which can enhance the operational and economic performance of RECs.
Further reading:
-
BeFlexible – Framework for Flexibility-Centric Energy
https://beflexible.eu/wp-content/uploads/2024/04/BeFlexible-D1.2-Framework-for-Flexibility-Centric-Energy.pdf -
Impact of different regulatory approaches in Renewable Energy Communities: A quantitative comparison of European implementations
https://doi.org/10.1016/j.enpol.2024.114399 -
Decarbonized and inclusive energy: a two-fold strategy for Renewable Energy Communities
https://doi.org/10.1109/MPE.2024.3396442 -
Integrating flexibility and energy local markets with wholesale balancing responsibilities in the context of renewable energy communities
https://doi.org/10.1016/j.energy.2023.128853 -
A Three-Stage Model to Manage Energy Communities, Share Benefits and Provide Local Grid Services
https://doi.org/10.3390/en16031143 -
Towards Future Smart Power Systems with High Penetration of Renewables (Elsevier, 1st Edition), Chapter 6: Self-consumption and energy communities
978-0-443-29871-4
