PEGASUS (Promoting Effective Generation And Sustainable UseS of electricity) is a project, co-financed by the European Regional Development Fund through the MED programme, that aims to promote the development of microgrids in cities, islands and remote areas. The project involves 10 partners from 8 countries: Belgium, Croatia, Cyprus, France, Greece, Italy, Malta and Slovenia. PEGASUS is focused on conducting research work in 7 pilot areas, where the functionalities of microgrids can add real value to the communities, and aims to increase the share of local renewable energy sources in energy mix strategies.

Furthermore, PEGASUS will thoroughly investigate the technical and administrative obstacles that are currently hindering the implementation of microgrids in disadvantaged areas. For this reason, different business models will be utilized and evaluated featuring the advantages of the intelligence of the distribution grid, while creating the proper environment for the further establishment of microgrids.