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.
— Planning for the energy transition requires the ability to optimize energy system development pathways, considering complex interactions and constraints, particularly concerning interactions between sectors and vectors. In this context, Artelys has developed a new method for solving these large-scale mathematical problems.
— The stakes of Artificial Intelligence (AI) have become a strategic issue for companies, regardless of their field of activity or size. As an expert, Artelys provides you with full assistance, from the design stage to the implementation of your first AI solution, by building with and for your team a roadmap tailored to your business.
— As part of Le Havre Seine Métropole’s energy master plan, Artelys has worked with metropolitan services to set up a web platform for monitoring territorial energy data.
— CasADi is an open-source tool for general numerical optimization with a strong focus on optimal control and its versions 3.6.2 and higher are now compatible with Artelys Knitro 13.2.
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