At COP28, a turning point emerged as 130 nations pledged allegiance to the “Global Renewables and Energy Efficiency Pledge,” a testament to their shared commitment. The ambitious targets include tripling global installed renewable energy capacity, doubling the annual rate of energy efficiency improvements, and elevating the principle of energy efficiency as the linchpin in policy, planning, and major investments.
Harmonizing with this commitment is the EU’s groundbreaking initiative, the “Digitalising the Energy Sector – EU Action Plan,” endorsed by the European Commission in October 2022. This strategic blueprint outlines the roadmap to accelerate the adoption of digital technologies in the energy sector, unlocking the full potential of flexible, distributed energy generation, and promoting renewable energy use. This plan stands as a driving force behind both digital and green transitions.
Central to this digitization is the proliferation of the Internet of Things (IoT) and its underlying computational infrastructure. However, this digital leap confronts the challenge of managing vast amounts of energy generation and consumption data.
In this context, the HEDGE-IOT project enters, poised to address these challenges by navigating through at least four pertinent European regulatory frameworks.
The HEDGE-IOT project is grounded in the principles of the Data Act, ensuring fairness in the use of data generated by IoT devices, and the Digital Services Act and Digital Markets Act, creating a secure digital space while safeguarding users’ fundamental rights. Additionally, it aligns with the proposed AI Act to guarantee the safety and adherence to EU values of AI systems in the European market.
HEDGE-IOT seeks to develop a comprehensive solution, comprising smart grid edge computing platforms, swarm computing-based orchestrators, and advanced dashboards. This trifecta aims to facilitate the near real-time orchestration of edge-AI-driven applications and accelerate the deployment of new AI-driven energy services.
The HEDGE-IOT consortium, boasting 44 partners, leans on the expertise of CyberEthics Lab. to establish an ethical and regulatory framework. This ensures alignment with existing and evolving EU frameworks, setting the stage for a transformative journey towards sustainable energy practices.