EUROPEAN DYNAMICS is part of the FARCROSS R&D project on Energy Grids

The FARCROSS is an R&D project financed by the European Commission under H2020. To achieve its energy goals, EU needs to establish a geographically large market by initially improving its cross-border electricity interconnections. A geographically large market, based on imports and exports of electricity, could increase the level of competition, boost the EU’s security of electricity supply and integrate more renewables into energy markets.

Electricity should, as far as possible, flow between Member States as easily as it currently flows within Member States, so as to increase sustainability potential and real competition as well as to drive economic efficiency of the energy system. To this end, FARCROSS aims to address this challenge by connecting major stakeholders of the energy value chain and demonstrating integrated hardware and software solutions that will facilitate the “unlocking” of the resources for the crossborder electricity flows and regional cooperation. The project will promote state-of-the-art technologies to enhance the exploitation/capacity/efficiency of transmission grid assets, either on the generation or the transmission level. The hardware and software solutions will increase grid observability to facilitate system operations at a regional level, exploit the full potential of transmission corridors for increased electricity flows that will facilitate transition to flow-based regional market coupling, consider cross-border connections and their specific ICT and grid infrastructure, planning to use a wide-area protection approach to ensure the safe integration of renewable energy sources into the grid, mitigate disturbances, increase power system stability. An innovative regional forecasting platform will be demonstrated for improved prognosis of renewable generation and demand response and a capacity reserves optimization tool will be tested to maximize cross-border flows. The non-harmonization of national regulation will be studied and measures will be recommended to avoid distortion of the technology benefits.

COVID-19 epidemic: EUROPEAN DYNAMICS donates EUR 100.000

EUROPEAN DYNAMICS offered as part of its social responsibility plan, EUR 100.000 to support actions for the treatment of patients infected with the COVID-19 virus against the COVID-19 epidemic. The group follows the evolution of the epidemic and remains ready to undertake additional actions in due course.

EUROPEAN DYNAMICS takes the opportunity to thank its staff all over the world, who cooperated for the successful implementation of the group’s Business Continuity Plan.