Energy/Environment

Due to the increase of the energy costs the recent focus in reducing environmental impacts, companies and organisations require precise and performing optimization of their energetic systems design and management. Artelys has a strong experience in the energy sector and offer innovative optimization and decision support solutions adapted to specific problems encountered in this industry.

Artelys provides the major French or European companies of the power industry with consulting and training services, as well as with software design and development, and is increasingly hired as a reference advisor.

These services are usually ordered by senior management, finance division, R&D or operational departments and address various issues:

• Short, medium and long term planning of power generation: stochastic modelling, design of robust strategies for hydropower storage management, joint management of physical assets and financial products

• Network dimensioning and management: power cut planning, positioning of active devices in gas transmission networks, investment strategies design, safety and vulnerability assessment, risk indicators computation

• Pricing policy: setting gas or electricity transmission rates, market prices modelling, yield management

• Markets: pricing of swing contracts, valuation of a portfolio of contracts, devising indicators for market operations

• Optimization of energy sourcing - Risk management

Dedicated Artelys Crystal platforms for the energy sector

Artelys has a strong experience and expertise in the design, the development and the roll out of optimization engines. Relying on this know-how, it has developed, within the Artelys Crystal suite, a set of platforms dedicated to the optimization of energy systems.

Artelys Energy Planner

Short term assets management optimization. A daily used operational tool.

Artelys Risk Manager

Energy assets valuation and risk management. A strategic decision support tool.

Artelys Crystal City

Local energy strategies optimization.

Artelys has participated in over hundreds of project in the energy sector, here are some achievements :

Technical and economic study for electricity transmission network

• Development of a global optimization methodology for network development
• Incentive pricing policy definition support to respect the directive outline
• Risk analysis and investment studies in a uncertain context

Market risk management - Risk Manager -

• Development and implementation of a software measuring market risks
• Align with the internal risk policy
• Users training

Short-term optimization of daily electric production planning - Energy Planner -

• Definition of constraints and criteria to be taken in account
• Prototyping and evaluation study of the solution
• Development and implementation of the software
• Users training

Electricity markets combinative algorithm

• Leading of a European work group with transmission system operators and exchange markets
• Evaluation of algorithms to coordinate market prices and recommendations

Investments optimization

• Accurate representation of the detailed electric system over 20/30 years and uncertainties (climate data break-down, business scenarios…)
• Representation of different market actors
• Research of Nash equilibrium

Compared analysis of pricing strategies

• Modelling of different actors and their interactions : producers, electric markets and clients
• Simulation of actors behaviours
• Assessment of the different pricing strategies

Forecasting demand curves

• Definition of a model linking load and temperature curves
• Forecasting load curve
• Assessment of the different forecasting methods

Valuation of derivative contracts

• Modelling of Swing contracts
• Development of a valuation software
• Analysis of the results on different scenarios

Optimization of gas compression stations

• Modelling of the system (waterworks, compressors…)
• Development of a prototype to optimize the load allocation between different compressors

Management of hydraulic resources for an electric system

• Training on hydraulic resource management rules and techniques
• Analysis of different methods and their impacts on market prices
• Definition of robust strategies

Forum & resources