Artelys is happy to launch a project in association with Innovation Energie Développement and Albania Energy Association for the Ministry of Energy and Infrastructure of Albania (MIE) and the French Development Agency. The objective of the project is to evaluate how the Albanian electricity market will evolve in the context of the National Energy and Climate Plan currently being drafted by the ministry.
To support this analysis, Artelys will model the Albanian electricity sector, including its interactions with neighboring systems, and will evaluate the impacts of power market reforms at different timescales and for different market participants. Artelys Crystal Super Grid, the simulation solution already used for many customers including the European Commission for the METIS project, will be delivered to the MIE, so as to enable its analysts to rerun scenarios and to perform sensitivity analyses. This project will therefore participate in building capacity related to energy system simulation within the Albanian public sector.
Artelys is looking forward to supporting the MIE and provide quantitative insights to local authorities about the potential impacts of market reforms.
Co-optimization study of baltic TSOs cross zonal capacity value between energy and balancing capacity markets
— Artelys supports baltic Transmission System Operators (TSOs) AST, Elering, and Litgrid in the evaluation of the optimal use of cross-border interconnection capacities for energy and balancing capacity exchanges.
— Artelys provides the market clearing engine for the new renewable Guarantees of Origin auction.
— The Electricity Balancing Guideline, which entered into force in 2017, defines a framework for a balancing market that enables TSOs to net their balancing demands and to procure balancing energy from providers located in their own area as well as in other zones to balance the electricity grid. This measure enables the overall system to benefit from an increased level of security of supply and overall lower balancing costs.
— Artelys has delivered Toyota with a computation algorithm to optimally plan post-production assembly operations.
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