SYNERGY introduces a novel framework in response to the need for “end-to-end” coordination between the electricity stakeholders – not only in business terms but also in exchanging information. The framework references significant data architecture that leverages data, primary or secondarily related to the electricity domain, coming from diverse sources. That can be APIs, historical data, statistics, sensor/IoT data, weather data, energy market data, and other open data sources. A big data and AI analytics platform like this is due to help the electricity value chain stakeholders to:
- Simultaneously enhance their data reach.
- Improve their internal intelligence on electricity-related optimization functions while getting involved in novel sharing/trading models of data sources and intelligence to gain better insights.
- Shift individual decision-making to a collective intelligence level.
This project has received funding from the European Union’s Horizon 2020 Research and Innovation program under Grant Agreement No 872734.