XLAB is a partner in the cyberPRICE project, funded by the Eurostars program, powered by EUREKA and the European Community. The Consortium coordinator cyberGRID GmbH is leading a consortium of three SMEs developing an innovative upgrade of its established Virtual Power Plant Technology already capable of managing incentive based Demand Response Programs. With the development of the new cyberPRICE module, the project will tackle the area of price based DR Programs. This will enable the customers – Electricity retailers, to introduce efficient dynamic pricing programs, minimize trading risk and maximize revenue.

Website: http://cyber-grid.com/en-US/a-1224/cybergrids-project-has-been-awarded-by-eurostars