Artelys has designed and implemented a market clearing algorithm for frequency response
The increasing deployment of renewable electricity in Europe have led TSOs to request higher volumes of electricity reserve products, such as frequency response. In order to stimulate the provision of balancing volume by suppliers, EPEX SPOT created a new platform to hold market auctions for frequency reserve of different types.
Artelys has been commissioned by EPEX SPOT to design and implement the market clearing algorithm with the objective to select the least-cost maximal frequency response volume for TSOs. This new algorithm was designed to handle over 100,000 offers and be flexible enough to easily adapt when new market rules are introduced.
The solution developed by Artelys uses FICO Xpress Optimization Suite to model and solve the different market clearing optimisation problems.
Artelys Canada joins IVADO to catalyze innovation in optimization and digital intelligence
We are pleased to announce that Artelys Canada has joined the IVADO community as an industrial member, marking the beginning of a new strategic partnership.
Artelys Knitro 15.1: Solve your toughest pooling applications!
Artelys releases Knitro 15.1, bringing a new wave of performance upgrades and usability improvements to help you solve large-scale optimization problems faster than ever.
Artelys contributes to SNCF Voyageurs’ OPTIPLACE project
Artelys is contributing to the development and industrialisation of the OPTIPLACE project, which aims to improve passenger seating arrangements on Ouigo trains by developing the optimisation module used for seat assignment.
Swissgrid selects Artelys Crystal Super Grid
Artelys is pleased to announce that Swissgrid, the Swiss electricity Transmission System Operator (TSO), has selected Artelys Crystal Super Grid, our multi-energy simulation solution, to support their strategic planning and system analysis activities.
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