Introduction
The Energy Transition Fund project ‘Sea2Socket’ is studying the feasibility of an innovative concept to enable the delivery of sustainable and affordable energy from the sea to private households.
By participating in a renewable energy cooperative, citizens are both owners of offshore wind turbines and customers of a cooperative energy supplier. This project is a collaboration between Cociter, Ecopower, Josworld, REScoop Flanders, REScoop Wallonie, UGent, UMons, 70GigaWattConsulting.
Sea2Socket investigates how a long-term purchase agreement can keep electricity prices low and stable for citizens, and to what extent citizens are willing to co-invest in order to safeguard the availability and affordability of their electricity supply.
The study contains 4 Work Packages (WPs) :
- Work Package 1 was the technical investigation of the short chain approach around profiling and imbalance costs.
- WP2-3 the risk assessment to contractually enable a short chain approach.
- WP3-4 studies the participation behaviour of citizens and how to align communication around it.
After 2 years of research, the results have been presented in a webinar on Thursday 24 October 2024. A recording of the webinar is accessible here.
The slide deck presented during the webinar is available here and a summary of the different work packages and their results can be found here.
Presentations:
- WP1 Technical modelling – Aislinn D’ Hulster, UGent and Kris Voorspools, 70GigawattConsulting
- WP2-3 CooPPA Bancability Model, Kristof Eggermont, Econopolis Strategy
- WP3-4 Conclusions on surveys, Fabrice Collignon, REScoop Wallonie
