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
The latest insights from N-SIDE
Rui Yu
N-SIDE is proud to be partner with Centrica (one of the main energy suppliers for UK, Ireland and North America) for the development of a Local Energy Market (LEM) in Cornwall.
The structural shift of the energy landscape from a centralized market to a decentralized structure creates new challenges for network management at distribution level. This project will aim to explore new, flexible, smart energy solutions in order to provide more electricity flexibility to the DNO (Distribution network operator) and the TSO (Transmission system operator). It is a £19m program financed by the European Regional Development Fund, and Centrica.
Local Energy Market (LEM) : project context and ambitions
Cornwall is a part of the UK that benefits of very favourable conditions for renewable energy generation. Unfortunately, its electrical grid is today unable to sustain the installation of additional generation sources. At the same time, Cornwall is exposed to extreme weather conditions in winter and the grid is also critically congested due to over-consumption.
The LEM platform developed by Centrica and N-SIDE aims at trying alternatives to expensive and time consuming grid reinforcement. This pioneering trial will test the use of flexible demand, generation and storage across both the B2C and B2B sector. This way, the distribution grid operator will have a cost-efficient solution to resolve the congestions on its network. Finally, given the decentralization of the electrical landscape today, National Grid will also look to procure balancing services at distribution level through the LEM.
What is the role of N-SIDE in the Local Energy Market project ?
N-SIDE is developing the algorithm that will clear the market. To do so, N-SIDE is leveraging its extensive experience in energy market designs to make the LEM an attractive place for flexible assets owner, for the TSO and for the DNO.
Any question ? Contact N-SIDE Energy team
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The Cornwall Local Energy Market is part-funded by the European Regional Development Fund under the European Structural and Investment Funds Programme 2014-2020
