LASTBEG Large Scale Tool for Power Balancing in Electric Grid (Smart Grid Project) (Hungary)
From Open Energy Information
- This project will demonstrate an optimization of renewable energy supplies (RES), primarily wind energy sourced onshore and offshore, with an existing pumped storage power plant (PSPP). It will integrate smart meters with power demand and supply forecasting to enable consistency of power supply in a small European country (Lithuania). The lessons learnt from this demonstration project will be disseminate directly to the participants in this project and indirectly through them to major global Transmission System Operators (TSOs), ensuring a two way exchange of best practice. This work will therefore enable a greater penetration of RES as part of the dr ive to meet the EC's 20:20:20 objectives.