One Grid One Market

One Grid
An increasing number of companies  and public authorities involved in logistics are transitioning towards paperless operations. They are deploying IT systems  and  interfaces  that can provide data to their clients  and  can also deliver data  to a data sharing grid when needed. When used together in large numbers, and co-ordinated via internet commands, hundreds or thousands of these small-scale generation and storage systems can act in concert, functioning, in effect, as a virtual data sharing grid  that can be used at any time.  Users must opt in to allow their equipment to be used in this way. A virtual federated data sharing grid enables all participating organizations to function as data generating power plants,  Decentralized  Data Resources (DDR).

One Market
A digital market is emerging. The participating  organizations  can function as data holders as well as data users. All DDRs are rewarded for the data supplied, either to conduct commercial transactions (B2B - Value Added Services) or to comply with laws and regulations  (B2A - eGovernment). The current need for third party involvement  (either being centralizing national gateways or commercial propriety data  platforms)  to organize data supply on a 24/7 basis can be eliminated. DDRs can also help public authorities promoting the greening of transport, trade facilitation and  smart mobility. This  must be managed carefully to balance supply and demand, particularly in supply chains that rely heavily on operators that are only on the verge of engaging in data driven logistics  (digital readiness). DDRs are an example of how “smart grids” can facilitate the shift towards a seamless multimodal fright transport market. 

The grid is defined by the FEDeRATED functional requirements and technical specifications. The market conditions are based on the FEDeRATED organisational requirements establishing  a set of agreements governing the EU Single Digital Market framework (EU Mobility Data Space).

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This project is co-funded by the European Commission Connecting Europe Facility (CEF)