The Cooperative ENergy Trading System (CENTS) project

Project Info

Organisation CENTS RPO Partners: International Energy Research Centre (IERC) University College Cork (UCC) National University of Ireland Galway (NUIG) Technological University Dublin (TU Dublin) ; and, CENTS SME Partners: Smart MPower MSemicon> Community Power

Project Description

The Cooperative ENergy Trading System (CENTS) is a collaborative project coordinated by the IERC and will rely on the industry experience from Smart MPower, mSemicon and Community Power, in addition to the research capabilities of UCC, NUIG, and DIT. It is a disruptive technology platform for the electricity sector where consumers and communities will be empowered with the necessary infrastructure to generate their own electricity, earn from the electricity generation, and finally, to be an integral part of decarbonizing their homes and communities for sustainable living.

CENTS is the only project supported under the Energy, Climate Action and Sustainability priority area. It provides a software solution for a blockchain-enabled cooperative peer-to-peer energy trading platform and proposes necessary hardware requirements and market and regulatory strategies.

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