N-SIDE provides expert consulting services to support system operators and power exchanges on market and algorithmic design questions. These services cover a wide range of markets, including day-ahead electricity and balancing capacity markets.
For auction-based markets, these services include the design of bidding products, network requirements, time granularities, clearing algorithms, and more.
We also have deep experience in the dimensioning of balancing capacity (including dynamic sizing or multi-area sizing), congestion management, transmission and distribution coordination, and cross-zonal-capacity allocation.
Our consultants are industry and academic experts with experience in Europe, Asia, and the U.S. Thanks to our unique capabilities in algorithmic design and mathematical modeling — in particular in market clearing, optimization, and machine learning — we can always select the right analytics technology for your needs.
Your work with N-SIDE doesn’t need to stop at test cases and prototypes. We are also able to develop scalable industrial software solutions for a wide range of use cases. Examples of software solutions currently used in production by TSOs are Power Matching and Dynamic Reserves Dimensioning.
N-SIDE market design projects consist of three phases:
We work to understand your market design questions and explore multiple approaches to answering them based on industry best practices and the latest academic literature.
We evaluate these approaches against key dimensions such as regulatory compliance, algorithm and IT complexity, and incentives parameters in order to identify the most promising solutions.
We develop understandable examples and build test cases. Thanks to our modeling capabilities, we are able to begin testing and prototyping at an early stage of the project. Using quantitative results, we help you select the optimal design option.
We work closely with you to co-create a scalable market design solution. Market design services are also available to support the adoption of our existing products, such as the Power Matching Solution for market clearing.
in the EUPHEMIA lab, N-SIDE provided support to redesign a bidding product called “Complex Order” to improve algorithmic performance and expressiveness for market parties. We also provided innovative models to operate an “LTA inclusion” process within EUPHEMIA, by which the network model is enlarged to ensure that congestion rents cover liabilities to Financial Transmission Rights (FTR). N-SIDE also provides market and algorithm design expertise to support the transition to 15 Market Time Units in European day-ahead markets.
N-SIDE market design services were used in the development of the Dynamic Reserve Dimensioning solution for Elia. Feedback from stakeholders (regulators, market participants) were addressed together with Elia in order to design a bullet-proof solution based on K-NN and K-Means machine learning algorithms and Monte Carlo simulations. This results in better system reliability and in savings of reservations costs up to 2.5M€.
N-SIDE created a multi-area balancing capacity dimensioning solution for this TSO. A tailor-made FRR dimensioning methodology based on mixed integer linear programming was designed and tested in a real-size test case. This methodology is the first one in Europe to explicitly integrate transmission constraints within the reserve sizing process. The explicit integration of imbalance netting and reserve sharing at the dimensioning stage results in large savings in overall reserve needs, compared to independent dimensioning for each LFC area.
“Statnett engaged N-SIDE in the project “System balancing solutions with detailed grid data” in order to explore solutions that facilitate participation in the upcoming European balancing platforms, while at the same time handling intra-zonal grid constraints. N-SIDE worked in a very structured way, keeping a continuous and fruitful collaboration with us during the whole project, which ended up with identifying several promising solutions that will be further developed in follow-up project”G.Doorman Special Advisor at Statnett
We’re not just analytics experts; we’re energy market experts as well. We use this expertise to make your complex design decisions simple.
We apply state-of-the-art analytical techniques, such as optimization and machine learning, to design the most impactful models.
We empower energy stakeholders like system operators and power exchanges with the powerful analytics they need to enable a smooth and efficient energy transition.
The Dynamic Reserves Dimensioning solution enables system operators to move closer to a real-time dimensioning approach, allowing them to better adapt reserves to the real imbalance risk faced by the system.
N-SIDE experts can help you optimize all steps of manufacturing and drug flow (e.g. quantities, timing, allocation) across the clinical supply chain, from formulation to packaging and beyond.
Adapt your manufacturing to real-time events, manage risks, and plan up to 10 years out. If you have scarce resources, a complex manufacturing network, or a large amount of products, this service delivers valuable visibility, control, and waste reduction.
Many important decisions need to be made in R&D manufacturing/CMC. Outsourced or in-house manufacturing? Which network should I use? What’s the optimal stability plan? What’s the best way to handle scale-up to Phase 3 and the transition to commercial?
N-SIDE clinical manufacturing specialists will use our software to optimize the most important strategic decisions for your program, delivering important cost savings and waste reduction.
Transitioning to a digital, data-driven clinical supply chain requires more than technology; it demands adaptation throughout the business.
N-SIDE experts will support your change management journey, starting with a clear vision associated with measurable added value for R&D efficiency.
Keeping this purpose in mind, N-SIDE will help your teams take advantage of advanced analytics to become a truly data-driven organization.
By optimizing manufacturing for the entire clinical program and optimizing supply for each individual trial, we can typically free up to 50% of the initially planned quantities and accelerate time to commercialization by 2-6 months.
We accomplish this by reducing drug needs at the trial level and limiting manufacturing waste. That enables us to either cancel production lots and re-allocate the resources to new programs, or to re-invest that drug into increased sites and recruitment speed.
Implementing the Supply App, Production App, or the entire N-SIDE Suite?
Implementation support needs differ depending on your project and internal resources. N-SIDE provides tailor-made implementation and change management services to help you realign your processes and reduce time to value.
N-SIDE offers comprehensive training to onboard your team to our tools and technologies. There are different training tracks for the different roles that will interact with the N-SIDE Suite.
Training sessions are led by N-SIDE experts who bring different concepts to life through hands-on exercises and explanations of case studies.
Discover all training options in our training catalogue
In addition to structured training sessions, N-SIDE experts are also available for one-on-one coaching.
Use this time to ask specific questions about N-SIDE software and apply what you learned in training to your own projects.
Energy players need to explain decision making, even when it’s powered by AI. We’ve developed a unique method for improving transparency called multipole expansion.Read Now
The Norwegian TSO Statnett, together with N-SIDE, is conducting an ambitious R&D project to address new challenges emerging from the implementation of the European balancing platforms.Read case study
We speak with Elia about how constraint programming has been combined with business know-how, leading to more agile, integrated, and optimal outage planning.Watch Now