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CORDIS · DE-RISK

DE-RISK the adoption of Local Flexibility Markets to unlock the safe and reliable mass deployment of Renewable Energy Systems

Code
DE-RISK
Programme
HORIZON
Call
HORIZON-CL5-2021-D3-02-03
Status
SIGNED
Period
2022-10-01 – 2025-09-30
Total cost (whole consortium)1 999 711 €
EU contribution (whole consortium)1 999 711 €
EU contribution to Bulgarian participants122 000 €

Official data · CORDIS · synced 2026-10-18 03:29 · official record

Participants

OrganisationsRoleCountryGrant
WEGLOBAL DANISMANLIK ANONIM SIRKETIcoordinatorTR312 868 €
R2M SOLUTION SPAIN SLparticipantES369 533 €
UNIVERSIDADE NOVA DE LISBOAparticipantPT284 643 €
QUE TECHNOLOGIES KEFALAIOUCHIKI ETAIREIAparticipantEL272 448 €
MY ENERGIA ONER SLparticipantES156 250 €
UNIVERSITY OF GALWAYparticipantIE145 123 €
ECROWD INVEST PLATAFORMA DE FINANCIACION PARTICIPATIVA SLparticipantES135 000 €
SOFIA ENERGY AGENCY ASSOCIATIONparticipantBG122 000 €
TROYA GENC CEVRE DERNEGIparticipantTR81 250 €
GRIDPOCKET SASparticipantFR61 221 €
ULUDAG ELEKTRIK DAGITIM ANONIM SIRKKETIparticipantTR59 375 €

Description

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 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.

Official data · CORDIS · synced 2026-10-18 03:29 · official record · Licence: © European Union, CC BY 4.0 (Commission reuse policy).