Frederick Research Center is one of the three parties in the P2P-Ironing Consortium, aiming to develop an online platform for managing the use of green energy in ports. "We are committed to lead this project to success", says Dr Kyriakos Pavlou. 

The project, titled "Peer-to-Peer Green Energy Sharing Platform for Cold Ironing," seeks to reshape the usage and transaction of energy in ports, with the goal of reducing pollution and increasing the use of green energy by docked ships.

Known by the acronym P2P-Ironing, the project proposes the development of a blockchain-based platform that will allow ships to purchase, obtain, and operate with green energy without using their electrical generators while in port. This not only reduces harmful emissions and pollutants but also lowers energy costs for shipping companies, enabling them to use advanced technologies to promote environmental sustainability. The project, in this way, aims to establish a new standard in maritime operations, contributing to the global effort to reduce harmful emissions and pollutants.

The P2P-Ironing project is co-financed by the Research and Innovation Foundation (RIF) with the support of the European Union, under the program CODEVELOP-AG-SH-HE/0823/0197, and has a duration of two years. Both Electi Consulting Ltd (coordinator), and partners Frederick Research Center - FRC and the Cyprus Energy Regulatory Authority - CERA, cover a vast range of knowledge, experience, and expertise in Blockchain Systems Research, competitive electricity markets, Energy Systems Management, and the regulation of the energy sector. The team is supported by external consultant Dr. Syed Muhammad Danish. According to the project coordinator, Dr. Kyriakos Pavlou: "The team is fully staffed with qualified scientists and, with the spirit of collaboration that characterizes it, is capable of achieving the ambitious goals of the project. The project consortium, with the support of the Research and Innovation Foundation, as well as other involved entities, is committed to leading this project to success."

Through the sharing of resources and expertise, the P2P-Ironing project is expected to introduce revolutionary changes in the way energy is managed and consumed in the maritime industry.

The project is being implemented by Dr. Kyriakos Pavlou (Blockchain Technology) from Electi Consulting Ltd, researchers at the Frederick Research Center Dr. Marios Lestas (Scientific Lead), Dr. Nicolas Christofides (Energy Systems Management), and Dr. Achilleas Achilleos (Software Engineering), and the Cyprus Energy Regulatory Authority.

For more information about the P2P-Ironing project: Dr. Kyriakos Pavlou, email: kyriacos.pavlou@electiconsulting.com, Dr. Marios Lestas, email: eng.lm@frederick.ac.cy.