A market-based capacity remuneration mechanism
The CRM is intended to foster investment in new capacities in order to ensure power system security of supply in the long term, especially since Belgium is considering to phase out its nuclear power plants and to increase the share of renewables in the grid in the electricity mix.
Beginning of October 2021, the first CRM auction was organized to select capacity offers for delivery period 2025-2026: a (priced) demand curve was set by Royal Decree, and prequalified capacity holders were able to submit bids to the market (for existing or new capacity).
Artelys auction clearing algorithm implementation
Artelys was in charge of specifying and implementing the auction clearing algorithm for the Belgian CRM. The auction algorithm selects the optimal combination of offers, in order to meet system adequacy at the least cost. The algorithm takes into account some specific requirements of the CRM like indivisible offers, the presence of exclusive/linking bids family, and power grid constraints. A strong emphasis was placed on returning the unique best solution of the CRM (many tie-breaker rules were implemented to rank solutions having the same cost). The auction’s results are available on Elia website.
— 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.
Artelys participation to studies assessing potential contribution of African H2 to EU decarbonization objectives
— As part of the Clean Hydrogen Partnership funding programme, Artelys will participate in the JUST-GREEN AFRH2ICA project along with ten other African and European partners ready to share their know-how on hydrogen economics and technologies.
Artelys demonstrated how to perform cost-benefit analysis of new transmission assets in a smart grid during a webinar hosted by the Linux Foundation Energy and the Global Power System Transformation Consortium showing the strength of the prominent open-source grid computation tool PowSyBl-Metrix.
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