N-SIDE is the trusted provider of auction-based electricity market clearing algorithms, currently powering exchanges in Europe and India.
N-SIDE provides the day-ahead market clearing algorithms used by power exchanges in Europe (EUPHEMIA) and India. Our extensive expertise enables us to offer a range of market-clearing solutions that contribute to a better integration of electricity markets (including day-ahead, intraday, balancing, and reserve), both nationally and cross-border.
Our fast, robust, and transparent market clearing algorithm matches electricity supply and demand while optimizing social welfare in an efficient and scalable way. It supports a wide range of requirements, from local grids to transmission grids, and from simple orders to more complex orders, such as block bids.
N-SIDE also offers market design consulting services. Drawing from our unique experiences in Europe and India, we support the market operator in designing market rules and requirements, challenging the existing market rules, benchmarking the current market clearing solution, or studying more advanced topics (e.g. non-uniform pricing).
4 TWh daily volume traded
200M€ transaction value traded
1.8 billion people served
3800 days of successful runs
N-SIDE is the provider of EUPHEMIA, the PCR algorithm used for the European single day-ahead market coupling.
N-SIDE has also developed its own Power Matching (POM) solution, a robust algorithm optimizing supply and demand matching in a closed-gate auction fashion.
The algorithm is able to integrate a wide range of requirements from local to transmission grids and from simple to more complex orders, including block bids.
POM is currently running every day in several markets including India, setting the day-ahead electricity prices for the different participants.
Our match-integrate-support service is a step-by-step approach to facilitate the gradual adoption of our software products while mitigating risk within your organization.
First, we highlight the benefits of N-SIDE products for your specific needs. Next, we integrate the solution with your IT environment and operational processes. Finally, we provide professional support and maintenance services with SLAs customized to your needs, giving you peace of mind.
Our deep expertise in the energy sector, coupled with our strong background in applied mathematics, enables our consultants to advise power exchanges on innovative market design questions.
These services range from state-of-the-art market and algorithm modeling and analysis to quantitative simulations and cover essential components of the power exchange value chain.
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.
"I value very much the current Euphemia team at N-SIDE: professional, precise, very responsive and working with a positive attitude. Please continue!"Caroline Gras Head of Algorithm Management, EPEXSPOT
The EUPHEMIA algorithm developed by N-SIDE calculates electricity prices across 25 European countries and allocates cross-border transmission capacity on a day-ahead basis.Read Case Study
A look at the Euphemia Lab, which provides cutting-edge R&D services to bring PCR EUPHEMIA to the next level for the single day-ahead coupling (SDAC) of European electricity markets.Read case study
Learn about the groundbreaking Local Energy Market trial in Cornwall, developed in collaboration with Centrica, a major breakthrough on the path to a more flexible and responsive electricity grid.Watch Now