why join artelys?

We are a young and open-minded team eager to apply advanced mathematics to the energy sector. Joining Artelys means joining a highly motivated team, a stimulating working environment and taking part in a variety of high impact and exciting projects, like: 

• The TERRE project (Trans-European Replacement Reserves Exchange) aims at developing an IT platform for the market clearing of services exchanged between the European producers and transmission systems operators. Artelys, together with its partners, is responsible for providing the platform’s market clearing engine. The algorithm solves a large and complex optimization problem, which considers the bids of the various suppliers, balancing requests, and strict equity constraints between the actors. Receiving and matching quotes every hour of the day, the robustness and performance requirements of the optimization engine are very high: At each hour of the day, results are to be provided within 3 minutes for a problem containing up to 500,000 offers.

• The pan-European market of Guarantees of Origin (GO) launched by EPEX SPOT and EEX in 2022 is the first secondary GO market. It does not imply primary emissions by States but only exchanges of previously emitted certificates. Thanks to this innovative auction, the participants can put bids both on standard and specific offers. Artelys’ experts have contributed to the design of the auction and of its optimization engine and then to its development.