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Title:
 
SocialRES Project - Fostering Socially Innovative and Inclusive Strategies for Empowering Citizens in the Renewable Energy Market of the Future
 
Author(s):
 
S. Caneva, P. Alonso, M. Kovarova, I. Lizarralde, I. Valentin, A. Abi Akle, M. Hamwi, V. Kromrey, D. Vedel, A. Wotjen, A. Schneller, L. Domröse, A. Ferrari, C. Crippa, E. Denny, M. Regidor, S. Mulero, I. Lacoste, R. Ruiz, N. Nuno-Brito, C. Ribeiro, K. Harder, T. Harwood, T. Šimek, F. Ciausiu, D. Leonte, M. Policarp
 
Keywords:
 
Aggregation, Crowdfunding, Social innovation, Cooperatives
 
Topic:
 
Finance, Markets and Policies
Subtopic: Policies and Scenarios for Renewables, Societal and Global Challenges
Event: 36th European Photovoltaic Solar Energy Conference and Exhibition
Session: 7DV.2.33
 
Pages:
 
2025 - 2029
ISBN: 3-936338-60-4
Paper DOI: 10.4229/EUPVSEC20192019-7DV.2.33
 
Price:
 
 
0,00 EUR
 
Document(s): paper
 

Abstract/Summary:


SocialRES aims to devise effective ways of increasing social innovation leading to greater social acceptability of renewable energy systems. This is done by a better understanding of support structures for successful social innovations in the renewable energy sector such as Renewable Energy Cooperatives, Aggregators and Crowdfunding Platforms. These businesses facilitate consumers to take an active role in the electricity system. Through research excellence and co-creation of knowledge, SocialRES will develop socially innovative and inclusive strategies for the energy system of the future. SocialRES will supplement the existing fragmented data on social innovations with new understandings from businesses, end-users and stakeholders to provide a comprehensive evidence base for policy design. Innovative techniques will be employed such as a Peer to Peer (P2P) crowd-investing for renewable energy sources projects, P2P lending and P2P virtual photovoltaic electricity platform for aggregators. The innovative P2P photovoltaic virtual platform will be developed as a pilot software application in off-line mode and will facilitate the understanding about existing barriers within current electricity markets and policies. Experience will therefore be accumulated related to the main issues with the common access for energy trades between different actors on the market: prosumers, consumers, balancing responsible party and distributed photovoltaic generators.