End of 2018
Founding Members’ Vision: Consumer-at-the-center
While Europe is committed to decarbonizing its society with a target of 80% reduction in greenhouse gas emissions by 2050, consumers want to decrease their energy bill, increase comfort and benefit from the technological investments they made in solar panels, heat pump, boiler or (car) battery.
Providing energy as-a-service is both an opportunity and a challenge.
As stressed by the European Commission in its communication ‘Clean Energy for all Europeans’, Europe sees consumers as active and central players on the energy markets of the future.
To realize the social welfare and economical country potential of the energy transition; digitalization and open innovation are crucial.
Digitalization progress has been made through flexible assets in the system and a sharp reduction in the cost of power technologies – cloud computing, Internet of Thing (IoT) and Artificial Intelligence (AI). However, the system to ensure that these assets and intelligence can be translated into high-value energy services is not yet there. Indeed, leveraging these opportunities require interactions amongst various energy and technological players.
That’s why we decided to create an ecosystem where key players can explore, test and co-build new energy services through a consumer-centric approach.
Jan – Feb 2019
I.O. Energy Ecosystem creation
The IO.Energy Ecosystem is built to facilitate the development of new energy services by market parties to drive the power system towards consumer centricity.
The IO.Energy Platform is an “Open and Secured near Real-Time Communication Platform”. This platform will ensure secured direct routing and exchange of information (e.g. consumption/injection at access points & market signals) between authenticated energy actors, ranging from market parties and system operators to the consumers themselves.
Enabling information exchange with more refined granularity and frequency will create the foundation of a system where the consumer will have access to a vast offer of competitive energy services that are tailored to their needs.
The IO.Energy Ecosystem is an open innovation ecosystem to share knowledge and boost innovation in the energy world. But also, create the environment to build, test and learn from new energy applications for consumers and new digital tools for a more efficient system operation
It is an ecosystem built and facilitated by system operators for market parties to develop the energy services of tomorrow.
These services, the consequent digital tools and market design elements will be developed in an iterative and progressive approach from ideation to sandboxing, through demonstration towards industrialization.
Feb 21st 2019
Kick-off the IO.Energy Ecosystem
Key energy market players were gathered to develop, all together, a brand new initiative aiming to co-create a consumer-centric system. The energy though-leaders discussed their ambition and common objectives, together with government representatives.
“The focus should be, on the one hand, on the end consumer, the affordability of this energy but also on changing the whole system. There, innovation, new solutions, knowledge sharing have to play a role and come up with solutions for the future.” Philippe De Backer, Minister of Digital Agenda
March 1st 2019
Deadline for members’ application
That’s why they have called for members to join the initiative. By joining the IO.Energy Ecosystem, members are taking part in an open innovation ecosystem to share knowledge and boost innovation in the energy world. It’s also an opportunity to create the environment to build, test and learn from new energy applications for consumers and new digital tools for more efficient system operation.
The call ended on March 1st with more than 90 members registered.
March 14th 2019
Start of the Innovation Program
To bring consumer-centric use cases to life, the IO. Energy Ecosystem will take part in the Co-station Open Innovation Program.
The program provides a structured approach to build new perspectives, capture value and grow.
To do so, some consortia, composed of various members of the ecosystem, have proposed use-cases which they would like to co-develop. The selected consortia will participate in various Design Sprint days which will boost the development of their use cases from the validation of the user/prosumer problem statement to a validated pre-totype.