REACT wants to help island communities achieve energy independency
Developing a technical and business model to demonstrate that the large scale deployment of Renewable Energy Sources (RES) and storage assets coupled with an ICT platform to enable an integrated and digitalised smart grid can bring economic & environmental benefits to their local energy communities.
100% potential energy autonomy
60% potential reduction of GHG emissions & energy costs
10% energy savings
A cooperative energy management strategy
Benefits
To grid operators and energy providers
- Enhanced energy security
- Reduced maintenance costs
- Lower distribution losses
- Energy purchase at lower spot prices in a wholesale market
- A smoothened demand profile
Benefits
To final consumers and island communities
- Reduced energy prices
- Engagement in cooperative communities
- More reliable and secure energy supply