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Smart & Sustainable Society INNOVATION
CROSSBOW Virtual Storage Plants (VSP)
Market Maturity: Business Ready
These are innovations that are putting concrete market-oriented ideas together and are, for example, pursuing market studies, business plans, engagements with relevant partner and end-users. Learn more
Market Creation Potential
This innovation was assessed by the JRC’s Market Creation Potential indicator framework as addressing the needs of existing markets and existing customers. Learn more
Go to Market needs
Needs that, if addressed, can increase the chances this innovation gets to (or closer to) the market incude:
  • Prepare for Market entry
  • Scale-up market opportunities
Location of Key Innovators developing this innovation
Key Innovators
UN Sustainable Development Goals(SDG)
This innovation contributes to the following SDG(s)
Ensure access to affordable, reliable, sustainable and modern energy for all

The UN explains: "Energy is central to nearly every major challenge and opportunity the world faces today. Be it for jobs, security, climate change, food production or increasing incomes, access to energy for all is essential.

Transitioning the global economy towards clean and sustainable sources of energy is one of our greatest challenges in the coming decades. Sustainable energy is an opportunity – it transforms lives, economies and the planet."

The EU-funded Research Project
This innovation was developed under the Horizon 2020 project CROSSBOW with an end date of 31/10/2021
  • Read more about this project on CORDIS
Description of Project CROSSBOW
CROSSBOW will propose the shared use of resources to foster cross-border management of variable renewable energies and storage units, enabling a higher penetration of clean energies whilst reducing network operational costs and improving economic benefits of RES and storage units . The objective is to demonstrate a number of different, though complementary, technologies, offering Transmission System Operators higher flexibility and robustness through: 1) A better control of exchange power at interconnection points; 2) new storage solutions – distributed and centralized-, offering ancillary services to operate Virtual Storage Plants (VSP); 3) better ICT and Communications -e.g. better network observability, enabling flexible generation and Demand Response schemas; 4) the definition of a transnational wholesale market, proposing fair and sustainable remuneration for clean energies though the definition of new business models supporting the participation of new players –i.e. aggregators - and the reduction of costs. The CROSSBOW results will be evaluated by 8 TSOs in Easter Europe, grouped to form clusters that will validate each of the projects outcomes in at least three different countries, demonstrating in all cases how CROSSBOW tackles the transnational challenges faced by these TSOs.

Innnovation Radar's analysis of this innovation is based on data collected on 19/01/2021.
The unique id of this innovation in the European Commission's IT systems is: 17936