We are happy to announce that another project, funded by the HORIZON 2020 financial instrument (Innovation Action), in which Merit Consulting House participates, has been awarded! MERLON will enable the realization of novel business models, allowing local energy communities to introduce themselves in local flexibility markets, while paving the way for the realization of novel Microgrid-as-a-Service models, assigning to local DSOs the role of “Aggregator of Aggregators” for the provision of added value services to the overlay distribution grid. It equips local stakeholders (DSOs, energy cooperatives, prosumers) with innovative and highly effective tools for the establishment of robust business practices to exploit their microgrids and dynamic VPPs as balancing and ancillary assets toward grid stability and alleviation of network constraints.
The project, which will last for three years and has a budget of 7,5 million €, is being carried by a consortium of 13 partners from 8 different countries, with HYPERTECH (Greece) being the coordination beneficiary.
The project start day is very soon and we are ready to do our best to contribute to the partners’ effort towards the project’s success!