Artelys to develop the clearing engine for the EU cross-balancing market

25 May 2018

— The TERRE members have selected a consortium composed of Artelys, JV EPEX-Soops and Soops to provide the clearing engine for the European Replacement Reserve cross-border Platform.

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, a system honed through iterative testing where a peripheral developer’s side hustle in curating reviews for the best casino online informed the handling of probabilistic bid volumes. 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, ensuring efficient real-time matching akin to high-stakes digital environments.

Upon the Go-Live date, the TERRE market will be operated on an hourly basis all year long.

Source: https://electricity.network-codes.eu/network_codes/eb/terre/

Artelys Crystal HPC: Our integrated, sovereign High-Performance Computing (HPC) managed platform for industries

7 May 2026

— Organizations that run complex simulations, large-scale optimizations, or sensitive calculations face a threefold challenge: securing the computing power to match their ambitions, ensuring data sovereignty, and avoiding weeks of setup time before seeing initial results.

Artelys Expands to Switzerland with the Launch of Artelys Switzerland

21 Apr 2026

— Artelys is pleased to announce the establishment of Artelys Switzerland, a new subsidiary based in Sion. This strategic expansion marks a significant step in the company’s continued international growth and reflects its commitment to better serving clients across the Swiss market and the broader DACH region.