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.
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.

 

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

Artelys develops an energy modeling solution for Cambodia

Artelys develops an energy modeling solution for Cambodia

— 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.

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— 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.

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