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HESTIA will allow changing and improving the generation, management and use of energy in many areas and ways

Economic

Technological

Environmental

Policy

Social

Economic

  • Deliver 20-50% of energy savings by consumer engagement, improved local RES exploitation and DR
  • Allow access to energy market for new participants (final consumers, aggregators, service providers)
  • Reduce grid maintenance cost by enhancing assets monitoring and control

Technological

  • Innovative cooperative DR algorithms that will increase the penetration of RES and defer/avoid grid reinforcement investment by 30%
  • Automated DR blockchain settlements will facilitate market deployment
  • Improved predictability of energy demand through consumer behavior digital twin & non-intrusive analytics

Environmental

  • Enable up to 20% of energy savings by optimal energy dispatch and building system operation
  • Will facilitate the reduction of GHG and air pollutants emission, by reducing up to 198 Metric tons of carbon dioxide equivalent per year (MtCO2-eq/y), 146 kilotons of Sulphur dioxide (SO2), and 136 Kilotons reduction of Nitrogen Oxides and GHG emissions
  • Improve air quality in Local Energy Communities by increasing energy efficiency and RES exploitation

Policy

  • Contribution to 20/20/20 EU objectives (RES, GHG emissions, Energy efficiency)
  • Influence the development and effective implementation of new policies and EU directives for Local Energy Communities
  • Support in set-up and creation of community energy marketplace

Social

  • Creation of 20-50 skilled jobs during the project
  • Increase social benefits related to energy cost reduction
  • Improve energy system security by adding assets monitoring and control
  • Improved health by integrating assisted living services

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This project has received funding from the European Union’s H2020 programme under Grant Agreement No. 957823.

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