D8.4 - REACT Market Analysis
Creators: name: Momi, Sara
name: Barbero, Cristina
name: Messervey, Thomas
Publisher: name: Zenodo
Year: 2022

description: Executive Summary This deliverable (D8.4) contains the REACT’s Market Analysis. REACT project aims to guide and promote a full ecosystem of digital and hard solutions, from which citizens and public entities (local communities) having the role of consumers or prosumers or even prosumagers, and several energy operators (manufacturers of RE and storage technologies, developers of digital solutions, aggregators, ESCOs and energy utilities, DSOs and TSOs) can benefit The REACT System is under validation as a tool aiming to facilitate the business activities within the LV grid, offering services to several players in need to interact with grid operators, and the same DSOs in charge of the grid management. The aim of this REACT Market Analysis is multiple:  To ease the process by which REACT partners can be facilitated on how the decarbonization of geographic islands can be done and is feasible by matching RES technologies to energy flexibility enabled by digital platforms and solutions.  To prepare the right knowledge and benchmarking context for several business model taking shape at REACT level. As there is a real chance to validate the solution on energy communities, under the form of Renewable Energy Community (REC)1, through this Market Analysis there is the chance to understand all the factors having a beneficial for islanders to manage demand and/or offer of energy production in a smart and efficient way.  To support the consortium in the activities related to replication and scaling up of the REACT solutions for the follower islands (WP7). The consortium has started co- shaping the methodology which could be applied to different types of intervention, starting from the assessment of local assets at energy and economic level (e.g., existing installations – either on fossil or RES technologies; economic sectors linked to energy uses and needs; types of building stocks and their characteristics and uses), including the recognition of strategic infrastructures (especially the ones that are key for permitting data transfer).  To understand what is currently in place at each of the 3 Countries hosting the flagship REACT pilots: Ireland, Spain, and Italy. Specific focus has been provided on the legislative, regulatory and policy framework (with details on the schemes in place for the islands of such countries), which also impact the subsidies, grants, but also charges and levies in place at financial level.  To understand how the REACT identified stakeholders are positioned toward the REACT solution in terms of interest, power, pains, and gains. Besides, thanks to several connections of the REACT consortium, a benchmark of global players and projects, included other EU-funded (mainly H2020) projects gives the framework of how REACT is positioned at RTD and networking level.  To support the consortium in making the link between what has been identified through the identification and further refinement of the Key Exploitable Results (KERs) and the derived Business Models and Exploitation pathways (still under discussion among partners). In terms of technologies, they can include PV, WT, batteries / storage technologies (including Power-2-Hydrogen or a combination of them). A specific place is reserved to ICT platforms of REACT nature that, together with data management and control and smart metering represent an important role on Demand Response (DR) and energy flexibility through REs in islands.