The Replacement Reserve (RR) is one type of power reserves used by Transmission System Operators (TSOs) across Europe in order to ensure real-time supply/demand balance. It is generally provided by generators that require a long start-up time (typically thirty minutes) but may also be provided by demand response suppliers.
Trans European Replacement Reserves Exchange (TERRE) is the pilot European implementation project for exchanging replacement reserves in line with the Guideline on Electricity Balancing. The aim of TERRE is to build the RR Platform and set up the European RR balancing energy market in order to create a harmonized playing field for the Market Participants.
The consortium is in charge of providing the market clearing engine to the RR Platform. The optimization engine simultaneously clears upward and downward balancing offers from Balance Service Providers with balancing needs submitted by participating TSOs. It is designed to run under 3 minutes with up to 500 000 offers over a region managed by 50 TSOs, and accommodates complex offers such as block bids and exclusive bids.
Upon the Go-Live date, the TERRE market will be operated on an hourly basis all year long.
— Artelys will present the solution Artelys Crystal Energy Planner adopted by Brookfield Renewable during the 11th Hydropower Conference of the Centre for Energy Advancement through Technological Innovation (CEATI) on March 3-4 2020, in Palm Springs, California.read more
Artelys would like to congratulate the teams that ranked in the top ten of Challenge 1 of the ARPA-E Grid Optimization competition. We would especially like to applaud the NU_Columbia_Artelys team composed of Richard Waltz, Daniel Bienstock and Jorge Nocedal for placing seventh overall and qualifying for the maximum prize money of $400,000.read more
Artelys will be present at the Roadshow, on February 14th at Orléans, Loiret, France. We will present our platform prototype of smart road safety data management, developed in the collaboration of the Loiret department and several actors of the mobility sector.read more
Artelys is taking part in the open forum Dataquitaine 2020 on 13 February in Bordeaux, France. This event promotes skills related to Data Science, Artificial Intelligence and Operational Research and will gather actors with both business and academic backgrounds.read more
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