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 Knitro 15.0: New Tools for Your Large-Scale Models
Artelys is pleased to announce the release of Knitro 15.0, which provides new algorithms and performance improvements to solve your large-scale optimisation problems, whether linear or non-linear, more quickly.
Artelys Introduces Future Sight: a Visualisation Tool Supporting the Energy Transition
As partner in the European Climate + Energy Modeling Forum (ECEMF) – a Horizon 2020 Europe project uniting research institutes and leading energy modellers in Europe – Artelys has contributed to modeling activities powered by Artelys Crystal Super Grid modelisation tool, and has led the development of a fully-fledged visualisation tool.
Supercharging Optimisation: How Artelys, FICO and NVIDIA cuOpt Join Efforts to Scale Up Energy System Optimisation
As energy system models continue to scale—reaching up to hundreds of millions of variables and constraints—traditional CPU-based optimisation solvers are hitting performance and memory bottlenecks. These increasingly complex models are essential for planning Europe’s energy transition, yet solving them within realistic timeframes has become a pressing challenge.
Artelys is powering SEleNe CC’s Common Grid Model (CGM) Service
Artelys provides maintenance and support services of the calculation module used to perform the European Merging Function (EMF) at SEleNe CC
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