System operator solutions
N-SIDE helps system and network operators (DSOs, TSOs, ISOs, etc.) make optimal decisions with advanced analytics, industry experience, and software expertise.
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.
Market participant solutions
N-SIDE helps buyers and sellers reduce their risks and make optimal decisions by anticipating the price dynamics of short-term electricity markets.
Forecasting
N-SIDE uses machine learning to produce a variety of forecasts for system operators and market participants, including system imbalance, electricity price, and energy volume.
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
Webinars Series
Get an insider view from people who craft power market auctions every day
In this exclusive webinar series, developed by our team of experts, you will learn from the very people who are responsible for shaping the power market auctions every day. You will better understand how market clearing algorithms such as those used for the European day-ahead market (EUPHEMIA) and other power markets work.
We'll begin with the basics and progress to the most advanced.
What will you get out of it?
- Get a close look at the main power market in Europe, i.e the Single Day-Ahead Market Coupling, relying on EUPHEMIA.
- Enhance your knowledge of the current energy market situation and how it can evolve.
- Understand how prices and volumes are determined by market clearing algorithms.
- Anticipate future challenges, such as renewable or storage integration, zonal vs nodal, and other market design dimensions.
- Or if you simply enjoy an in-depth conversation about the power market with industry professionals.
Capsule 1: Theoretical foundations
Power Market Auctions 101
Dec 6th, 10 am CET | 12 pm GMT+3 | 6 pm GMT+9
What you will learn
- The economic principles useful for understanding power markets and auctions
- How European power markets are organized
- What is the welfare optimization and why it is important
- What is meant by the crossing the supply and demand
Speakers
Capsule 2: Hands-on with EUPHEMIA as an example
How do modern power market auctions work?
Feb 1st, 10 am CET | 12 pm GMT+3 | 6 pm GMT+9
What you will learn
- What are the inputs & outputs of a market clearing algorithm, such as the one used for the Single Day-Ahead Coupling of electricity markets in Europe
- What are the main design elements of auctions
- How the electricity prices and volumes are computed in practice
- What are the main challenges in computing prices and how we overcome them
Speakers
Capsule 3: Forward looking
How to make Power Markets ready for the future?
Apr 4th, 10 am CET | 11 am GMT+3 | 5 pm GMT+9
You will learn how auction algorithms can evolve to
- Support a growing number of orders from market participants
- Integrate optimally new technologies such as RES or storage
- Deal with co-optimization, across energy and capacity and across multiple ancillary services
- Accommodate more local price signals and grid constraints
Speakers
Who is N-SIDE?
N-SIDE is a leader in power market clearing algorithms. We have been working on EUPHEMIA since its inception; we co-designed EUPHEMIA with European Power Exchanges, and built and maintained it for the past decade, all with an eye toward making it future-proof for the next decade. Our solutions are used by multiple Transmission System Operators and Power Exchanges worldwide.