Virtual Conference presenting “Managing CROSS-BOrder Renewable Energy Production and Storage in Transnational Wholesale Markets to Meet Climate Change Mitigation Targets”

14 Jun Virtual Conference presenting “Managing CROSS-BOrder Renewable Energy Production and Storage in Transnational Wholesale Markets to Meet Climate Change Mitigation Targets”

The Department of Business Administration of NKUA in collaboration with the Public Power Company S.A. are organising a virtual Final Conference in the context of the H2020-funded project, CROSSBOW ⁠— Managing CROSS-BOrder Renewable Energy Production and Storage in Transnational Wholesale Markets to Meet Climate Change Mitigation Targets. The conference shall take place via WebEx on Thursday, June 17th 2021 between 14:00-17:15 (Athens time) [13:00-16:15 CEST].

The goal of the virtual conference is to disseminate the results and impact of the Horizon 2020 project, CROSSBOW, and to provide the opportunity for a broader presentation of the issues related to the management of production and storage of electricity generated from renewable sources (RES) at regional, national and cross-border levels. Thus, the conference organisers will present the effects of the high-penetration of variable and distributed RES on the demand for cross-border electricity transmission in Europe. The aim of the conference is to highlight the impacts of different electricity generation and transmission portfolios; specifically, in reference to wind and solar energy curtailment variations on load duration under high penetration conditions of variable RES.

As a part of the diverse conference programme, Chris Ashe, Director of the European Institute for Innovation (EIfI-Tech), shall present on the impact of green Hydrogen on skills development, employment and value-added — a common theme and forward-thinking focus of current and future EIfI-Tech projects.

To join the conference, no prior registration is needed. Interested stakeholders are invited to join us on Thursday, June 17th 2021 between 14:00-17:15 (Athens time) [13:00-16:15 CEST] by clicking this link.

More about to CROSSBOW project

CROSSBOW addresses the issue of wind and solar energy curtailment variations on load duration under high penetration conditions of variable RES. The highly variable nature of RES affected by both seasonal and hourly weather variability, with the support of new systems and tools can be effectively integrated into the power system. The Internet and ICT enable innovations for the smarter use of energy known as Smart Grids, handling data through remote sensing, control, and monitoring processes. Evidently, RES and Smart Grids rely on automation and supervision technologies for optimal, reliable and secure operation of equipment (sensors and actuators), implementation control algorithms (Programmable Logic Controllers, PLC) as well as software entities responsible of processing and displaying data of the process, commonly called Supervisory Control and Data Acquisition (SCADA) systems.

Wind and solar energy may support the production of green hydrogen, also called renewable hydrogen to produce, store, and use electricity discretely. Fuel cells use green hydrogen to respond to power short-term energy load deficits. In fact, electrolysers use wind/solar peak savings to produce green hydrogen from water, hence, providing bulk energy storage (Power-to-Gas). An integrated energy system in EU requires at least 40 GW of green hydrogen electrolysers and the production of up to 10 million tonnes of green hydrogen by 2030. The conversion of RES power to green hydrogen and use of this green hydrogen in the gas grid (P2G), in the transport sector, or in the industry shall speed-up the decarbonisation of these sectors and help level out the peaks and troughs inherent in the temporal and geographical variability of RES. It will also pave the way for skills development and new employment opportunities in the post-Covid19 recovery strategy of the EU.

CROSSBOW (CROSS BOrder management of variable renewable energies and storage units enabling a transnational Wholesale market) is an EC funded project led by ETRA GROUP, whose goal is to propose the shared use of resources to foster cross-border management of variable renewable energies and storage units, enabling a higher penetration of clean energies whilst reducing network operational costs and improving economic benefits of clean energies and storage units. These benefits will be achieved by fostering regional cooperation among the system operators in South Eastern Europe. The project will provide 9 different tools to help the Regional Coordination Center in the region to facilitate higher RES penetration, whilst reducing operational costs for individual operators – both at transmission and distribution layers.

The Horizon 2020 CROSSBOW project runs for 48 months, from November 2017 to October 2021, and brings together 24 organisations from 13 countries.