Technology Innovation for the Local Scale, Optimum Integration of Battery Energy Storage

Impact

• Replicability: The system carries modular and scalable characteristics; thus it can satisfy island systems of different size. The Aegean Sea region alone suggests a market of 1GW of oil-based power stations that could be replaced on the basis of TILOS solution.
• Socio-economics: The project measures public engagement and tries to value the different system aspects, focusing on the battery asset. In the same vein, TILOS investigates the development of novel business models based on public-private partnerships and/or community-scale energy cooperatives (community level prosumers).
• Environment: TILOS system will allow maximum RES penetration (satisfaction of local demand at 70%). This implies reduction of ~1.7kt of CO2 emissions. Moreover, the project combines RES components with fully-recyclable batteries.
• Market Transformation: TILOS is already transforming the Greek market, reviving the argument for alternative energy supply models in island regions, with the use of battery storage. However the project aspires to further transform the European market by introducing novel energy trade strategies for community-based micro grids that rely on RES and battery storage and that interface electricity grids with market features.
• Policy: Contribution to EU-policies (EU Cohesion Policy, the "20-20-20" targets, etc.), and to Greek energy policy and legislation. Furthermore, by building a collaborative relationship with the Ministry of Energy, TILOS is considered the blueprint for similar schemes in other Greek islands, influencing also the New Development Law of Greece, (4399/2016) which provides capital subsidies for local scale energy storage in hybrid power stations of less than 5MW. In addition, TILOS currently chairs the "Regulation" and "Customer Engagement" WGs of the BRIDGE Initiative.