Odyssey Hackathon – imagining the future of energy markets
20 March, 2020
For the first time, E.ON takes part in this year’s Odyssey – one of Europe’s leading hackathons.
Held in Groningen in the Netherlands in September 2020, Odyssey will mobilise utility companies, corporates, governments, non-profit organisations and entrepreneurs from more than 50 countries. Together, they’ll work on solutions for some of the century’s biggest challenges in areas like healthcare, energy transition and urban infrastructure.
Participating in Odyssey’s Energy Singularity challenge – along with teams from Alliander, E.DIS, ENGIE, Stedien, ENPLUS and Grid Singularity – E.ON will look at simulating a power grid that’s fit for the future. Teams will vision a new bottom-up energy market, where consumers and local energy communities become active players on a par with energy companies, Distribution System Operators (DSOs) and Transmission System Operators (TSOs).
Using Grid Singularity’s open-source energy exchange engine (d3a.io) that was designed for modelling peer-to-peer energy marketplaces, they’ll compete to create a more efficient, secure and inclusive energy market design. Leading E.ON’s Odyssey team, Kerstin Eichmann said it was clear that the current energy challenges present real opportunities for the sector.
Energy Singularity - Decentralized Markets: Challenge Deep Dive
Speaking ahead of the hackathon, Eichmann said: “We need to experiment with new technologies to understand how opensource and AI – for example – can make the grid more sophisticated. Innovative solutions can help local energy communities achieve energy singularity by allowing all participants to access and benefit from an open, inclusive market design.” She added: “Odyssey will be an excellent opportunity for E.ON to test and validate new ideas with other utilities and Distribution System Operators (DSOs).”
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