Artelys to present TERRE market clearing during ENTSO-E public workshop

7 March 2021EN | News

— ENTSO-E organizes on 16 March 2021 a public workshop aiming at presenting the Replacement Reserve processes and at providing a detailed overview of the market-clearing optimization algorithm implemented by Artelys for the TERRE platform.

TERRE is the Trans European Replacement Reserve Exchange project for the exchange of Replacement Reserves across European Transmission System Operators (TSO). The platform is live since January 2020 and now includes 6 connected TSOs: REE, REN, Swissgrid, RTE, Terna and CEPS. Artelys, after having contributed to the market design, has implemented and delivered the activation optimization algorithm that clears the Replacement Reserve market so as to maximize the social welfare while abiding by complex market rules.

Artelys TERRE market clearing during ENTSO-E public workshop

Artelys to present TERRE market clearing during ENTSO-E public workshop

A public workshop will be organized by ENTSO-E on 16 March 2021. During this workshop, Artelys will present details of the market design and optimization algorithms powering the TERRE platform.

We encourage you to join to learn more about the TERRE market clearing process! Registrations close on 11 March 2021.

Register for the webinar

To learn more about Artelys activities related to energy markets, have a look at our dedicated web page.

Discover our market clearing solutions

Artelys develops an energy modeling solution for Cambodia

17 Mar 2021

— In association with IED Group and IDDRI, Artelys has started the development of an energy modeling solution for the Ministry of Economy and Finance (MEF) of the Kingdom of Cambodia. Financed by the Agence Française de Développement (AFD), this project will enable MEF to benefit from a state-of-the-art tool to analyze different potential pathways describing the evolution of the energy sector of Cambodia, so as to support their strategic decision-making processes.

Artelys studies the future of the Albanian power sector

3 Mar 2021

— Artelys is launching a new study on behalf of the Albanian Ministry of Energy and Infrastructure aiming at providing insights into the potential evolution of the Albanian power sector.

Publication of the 2021 Artelys training program

24 Feb 2021

— Mathematical Optimization, your secret weapon to thrive in 2021.

Optimizing customer support activities with Artelys Crystal Resource Optimizer

22 Feb 2021

— With more than 20 years of expertise in Artificial Intelligence applied to its customers’ business challenges, Artelys shares a series of articles detailing the use cases of its Artelys Crystal Resource Optimizer solution within different industries.

see all news

subscribe to our newsletters

— Artelys has been selected by ENTSO-E, the European Network of Transmission System Operators for Electricity, to undertake a study on the identification and assessment of options to implement the linking of bids between the day-ahead market coupling and reserve procurement processes. The Artelys team has delivered an in-depth analysis of the impacts of various bid linking options, relying on a deep understanding of relevant market designs, their expertise in optimization, and their track-record in the development of market clearing platforms.

Assistant professor