ITEA is the Eureka Cluster on software innovation
ITEA is the Eureka Cluster on software innovation
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BE Faster

Building Energy Flexibility at Scale for Trading and Earning of Revenues

Project description

BE Faster brings countries closer to Net Zero by creating a scalable flexibility trading platform enabling a smarter use of data and controls to reduce energy wastage and support grid supply-demand balancing. The solution defines the Net-Zero pathway for organisations by looking at carbon grid intensity as a signal for trading. BE Faster provides novel algorithms for trading based on several parameters identified using digital twins. The ecosystem will be accessible using open-source code and templates and standards developed will be used to roll out the solution to partner countries.

https://www.bankenergi.com

Project leader

Alt Alt Alt

Australia

South Africa

BRAVE Digital

South Africa

Momint

South Africa

United Kingdom

Project publications