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.
— We are pleased to announce that Artelys Knitro 13.1 is now available! Check out its improvements, especially on mixed-integer nonlinear problems (MINLP).
Artelys becomes a partner of the Grand Est Region thanks to its expertise in artificial intelligence!
— Artelys has been referenced by the Grand Est Region to assess the artificial intelligence maturity of companies in the region.
— Artelys was thrilled to organize the METIS 2 Dissemination webinar on May 31. In the course of this event, we had the opportunity to present the latest developments of the EU energy system model METIS and to discuss the future of EU energy system models with representatives from TSOs and industry.
— Artelys, in cooperation with Trinomics, prepared a study evaluating flexibility options to support decarbonisation for the Energy Community.
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