Tools for the Design and modelling of new markets and negotiation mechanisms for a ~100% Renewable European Power System The objective of this project is to develop and test an innovative electricity market design that can meet society’s needs in a (near) 100% renewable power system. Such a long-term sustainable market design needs to provide efficient operational and investment incentives for an electricity system that is characterized by a high share of variable renewable energy sources, that is highly integrated with sectors such as home heating and cooling and transport, and needs to provide efficient incentives for the participation of all demand, from households to industrial consumers. It needs to provide security of supply by ensuring sufficient controllable electricity generation capacity without becoming too costly. And despite the variability of solar and wind energy the price risk must be limited: for investors, so the cost of capital does not become too high, and for consumers so they are not

DESTRESS is aimed at creating EGS (Enhanced geothermal systems) reservoirs with sufficient permeability, fracture orientation and spacing for economic use of underground heat. The concepts are based on experience in previous projects, on scientific progress and developments in other fields, mainly the oil & gas sector. Recently developed stimulation methods will be adapted to geothermal needs, applied to new geothermal sites and prepared for the market uptake. Understanding of risks in each area (whether technological, in business processes, for particular business cases, or otherwise), risk ownership, and possible risk mitigation will be the scope of specific work packages. The DESTRESS concept takes into account the common and specific issues of different sites, representative for large parts of Europe, and will provide a generally applicable workflow for productivity enhancement measures. The main focus will be on stimulation treatments with minimized environmental hazard (“soft stimulation”), to enhance the reservoir in several geological settings covering granites, sandstones, and other rock types. The business cases will be shown with cost and benefit estimations based on the proven changes of the system performance, and the environmental footprint of treatments and operation of the site will be controlled. In particular, the public debate related to “fracking” will be addressed by applying specific concepts for the mitigation of damaging seismic effects while constructing a productive reservoir and operating a long-term sustainable system. Industrial participation is particularly pronounced in DESTRESS, including large energy suppliers as well as SMEs in the process of developing their sites. The composition of the consortium involving major knowledge institutes as well as key industry will guarantee the increase in technology performance of EGS as well as an accelerated time to market.

The European Green Deal aims to transform the EU into a modern, resource-efficient and competitive economy with zero net greenhouse gas emissions by 2050. To achieve more efficient, competitive and cost-effective energy systems and devices, RISEnergy fosters a European ecosystem of industry, research organizations and funding agencies aimed at developing novel energy technologies and concepts. RISEnergy brings together a consortium of 69 beneficiaries from 23 countries: ERIC institutions, technology institutes, universities and industrial partners, to jointly improve the economic performance of technologies. Members of the European Energy Research Alliance are establishing the core European ecosystem. The main objectives of RISEnergy are: 1.) enable research and innovation to increase energy efficiency and reduce the cost of energy technologies to foster wider use of renewables into energy systems through proactive innovation management having single entry point with tailor-made access roads for academics, industry, and SMEs, and advising RI providers, all acces Users, and policy makers on LCA, ICT development and networking issues; 2.) provide efficient transnational access (TNA) to facilities to support renewable energy technologies and systems: Provide more than 2,500 days of access to major European and international world-leading analytical facilities; 3.) reach out to all stakeholders performing research along the value chain, from materials and technology development to applications in the eight most relevant fields of PV, CSP/STE , hydrogen, biofuels, offshore wind, ocean energy, integrated grids, and energy storage, research infrastructure providers and policy makers; 4.) provide comprehensive services of unprecedented quality: new cross-RI services, a single entry point, tailor-made access roads for academia industry, and SMEs with a particular focus on scientists from research fields in which the use of research infrastructures is not yet established.