Pilot project of promoting the establishment of energy communities

Establishment and operation of an energy community in District VII. of Budapest. The overall goal of the project is to establish and operate an energy community in District VII. of Budapest, which integrates a wide range of stakeholders and relevant actors (energy consumers, producers, service providers, actors with different energy and legal characteristics and interests) to a common system, and at the same time, it presents and organizes as much of the traditional and innovative technical and financial solutions as possible. By the end of the project the aim is to elaborate the regulatory documents, technical-energy, legal and financial mechanisms of the energy community, which have been tested and proved to be adequate. The project is based on digital solutions, and applies several smart and innovative solutions as well. With the integration of elements of the technical content, as well as the technical, legal and financial expertise of the energy community members significantly benefits can be realised in the fields of R&D, technical-energy, hardware development, and institutional-legal development. The flexibility, capacity, performance etc. of the energy community, can regulate the assets of the community (taking into account the current production-consumption characteristics and energy prices), while aiming at technical and financial optimum and providing services for all internal and external stakeholders in an adequate quality. Th energy community is the overall result, „product” of the project, that can be identified as a crowdfunding investment vehicle. The energy community will be able to finance its operation from its revenues, while bringing benefits to all internal and external stakeholders.