DE-RISK aims at supporting the market uptake of renewable energy systems by fostering the adoption of LFMs and unlocking up to 100GW of flexibility in 2030 which will allow a safe and reliable integration of RES in the grid.
DE-RISK will achieve this ambitious objective by minimizing the investments and implementation risk through an innovative customer behavior change journey that will increase end users’ trust and willingness to participate in the flexibility markets. DE-RISK has started in October 2022 and will be completed in September 2025.
You can view the project website here.
DE-RISK Integrates Building, Citizen and Grids Digital Twins!
DE-RISK integrates building, citizen and grids digital twins in its flexibility platform capable of reducing the gap between simulation and real implementation thus mitigating potential technical risks during deployment and operational phase. To maximize DE-RISK impact, innovative multi-sided business models will be developed ensuring multi-benefits, fairness and sustainability for all actors while disruptive financial schemes will be validated for democratizing the access to sustainable investments. Finally, a set of experts will develop regulatory recommendations to support a fair, clear and transparent adoption of LFMs.
Aims of DE-RISK
Boosting the end-users active participation in the Local Flexibility Markets by deeply understanding their needs and requirements through an innovative behavioral analysismethodology, to then use the results to develop behavior change techniques and their mechanisms of action for engagement, participatory processes
and gamification.
Deploying the low cost DE-RISK digital twin automated platform to assess, validate and unlock the flexibility potential in 4 highly replicable case studies from different regions of EU as per geographical, climatic and regulatory conditions.
Bridging the regulatory gap and road mapping the local flexibility markets in different regulatory and policy frameworks and market maturity conditions starting with use cases and to ensure the seamless implementation of DE-RISK in the participating countries while informing local, national and EU policymakers through dedicated regulatory workshops.
Developing an innovative sustainable business models and financing mechanisms (crowdfunding/ lending, EPC, P2P) to de-risk the upfront investment to ensure a long-term viability and sustainability of the local flexibility markets.
