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 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
Artelys Crystal Resource Optimizer has been successfully deployed at Nice Airport. This innovative and ambitious software solution offers the opportunity to optimize the use of airport resources and to anticipate the strong growth expected in the years to come.read more
ENTSOG and ENTSO-E publish Artelys study on interlinkages between gas and electricity systems. In this study, Artelys presents recommendations related to the identification of infrastructure projects for which the interactions between gas and electricity may significantly impact their assessment.read more
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