Grid solutions
N-SIDE helps system operators make optimal decisions by providing AI software solutions, from system planning to the control room of the future.
Power exchange solutions
Seamlessly match supply and demand in challenging electricity markets. N-SIDE is the trusted provider of auction-based electricity market clearing algorithms.
Forecasting
N-SIDE uses machine learning to produce a variety of forecasts for system operators, including system imbalance forecast, reserve needs forecast and congestion risk forecast.
Power Matching
This robust market clearing algorithm matches supply and demand bids in a closed-gate auction fashion, considering potential congestion and other constraints.
Outage Planning Optimization
Leverage advanced analytics to determine the optimal strategy and daily schedule for grid interventions and related outages.
Dynamic Reserves Dimensioning
TSOs: dynamically adapt reserves volume based on the real imbalance risk faced by the system using machine learning and advanced analytics.
Professional Services
Whether your challenge can be solved by our existing products or requires the development of new analytics solutions and market design approaches, our team is ready to help.
Resources
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Pauline Martin
MAGNITUDE, H2020 project, addresses the challenge to rise flexibility in electricity systems, by increasing the synergies between electricity, heating/cooling and gas networks and associated systems. MAGNITUDE will bring technical solutions, market design and business models, to be integrated on ongoing policy discussions.
MAGNITUDE will define technological and operational means for maximising flexibility provision to the electricity network. It will identify the regulatory framework to bring such flexibility service to the energy markets and will provide enhanced market designs and related business mechanisms.
The project is built upon 7 case studies of multi energy systems, located in different European countries, under different regulatory and geopolitical environments and with different technological development levels. It will:
- Simulate the multi energy systems in the case studies and optimise their operation strategies maximising the provision of specific flexibility services.
- From existing regulations, propose improved market designs, and integrate them in a market simulation platform for evaluating its performance among the case study countries.
- Quantify the benefit of pooling flexibilities from decentralized multi energy systems for energy markets through an aggregation platform.
MAGNITUDE results will define policy strategies and recommendations in a pan-European perspective. Achievements will be spread among stakeholders to raise awareness and foster higher collaboration among the electricity, heating and gas sectors to achieve the common goal of a less carbon intensive, yet reliable energy system.
N-SIDE will be actively engaged in this 3.5 years project with other partners such as International utility, local utility, retailer, university, aggregator… N-SIDE main focus will be on new multi-energy markets, from design to algorithms and implementation of a market simulator.
“This project has received funding from the European Community’s H2020 Framework Programme under grant agreement No 774309”.“This text reflects only the author’s view and the Commission is not responsible for any use that may be made of the information it contains.”