Short description: New EU legislation allows that renewable electricity is exchanged between citizens within “Renewable Energy Communities” (REC) without involving an electricity retailer. New software is needed to support finding potential REC members, setting-up the REC and support the billing processes.
Market potential: Small, local RECs are expected to see a very fast market growth in the EU as more Member States adapt their legislation for this model. This will create a growing market for REC management solutions.
Timing: In countries like Austria where all legal requirements are in place, REC management software solutions are needed as soon as possible.
Desired result: The tool will enable the challenge owner’s customers to establish and manage new RECs. It will support the recruitment of REC members and the management of RECs including support of pricing and billing processes.
Information on challenge owner: Large company (> 3,000 staff).
Market presence of challenge owner: Global presence.
Keywords: Renewable Energy Communities; Energy management; Solar electricity; Billing process; Photovoltaics