CRETE VALLEY aims to create a Renewable Energy Valley 'Living Lab' (REV-Lab) in Crete.
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CRETE VALLEY is envisioned as a decentralised renewable energy system that combines leading-edge ICT technologies, interoperable and open digital solutions (including data sovereignty), social innovation processes, and sound business models that are easy to adopt.
The project will demonstrate a digitalised, distributed, renewable, low carbon landscape that is affordable for all and fully covers the local energy needs on an annual basis, utilizing multiple renewable energy carriers and leveraging energy storage technologies.
The REV-Lab will integrate four Community Energy Labs (CELs) located in distinct sites across CRETE VALLEY, conceived as Innovation Hubs.
An integratedsocial, technological & business approach will be deployed, providing:
A Social Science Framework for REV-Labs & CELs, innovative multi-level governance models & social-driven mechanisms for involving citizens in the co-design, implementation and exploitation of RES;
AI-based market segmentation algorithms, MCDA methods and consensus analysis for REV configuration;
Interactive tools for REV planning (REV Readiness Assessment & computation, Augmented Reality applications, decision support tool);
Energy Data Space compliant digital backbone for consumer and REV-level data-driven ‘activation’;
P2P DLT/Blockchain digital marketplace for tokenised energy and non-energy assets valuation and reciprocal compensation;
Data-driven operational analysis, advanced AI/ML tools and flexibility modelling services for optimal operation & resilience of the local energy grid;
Twin for multiple carrier grid management & operation;
Data-driven services and apps for energy efficiency and activation performance management towards energy autonomy;
Enabling RES technologies to increase the power production;
REV Business Sandbox and blueprints for REV-Lab setup, upscaling and replication (including 4 Follower Communities).
From June 17 to 19, representatives of the European project CRETE VALLEY travelled across Crete to present the Renewable Energy Valley ‘Living Lab’ (REV-Lab). The new decentralised power system will enable residents to meet their energy needs through renewable sources.
The EU-funded project aims to transform Crete into a sustainable, decentralised energy system by 2028. Through a combination of renewable energy sources, CRETE VALLEY will demonstrate, in real-life conditions, the sustainable and cost-effective production and storage of renewable energy to cover the Island’s yearly energy needs.