n-side : enertop (energy resources trading optimization)

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How advanced analytics can reduce your energy cost ?

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N-Side : ENERTOP (Energy Resources Trading Optimization)

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Page 1: N-Side : ENERTOP (Energy Resources Trading Optimization)

How advanced analytics can reduce your energy cost ?

Page 2: N-Side : ENERTOP (Energy Resources Trading Optimization)

Scheduling

Procurement Adaptability

Smartly schedule your production planning in terms of energy cost

Obtain your energy in an optimal way: •  Optimal trading on electricity markets •  Optimal use of in-house electricity generation

Re-optimize your energy strategy in real time

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ENERTOP a new solution to minimize the energy cost of your plant, based on advanced analytics

Page 3: N-Side : ENERTOP (Energy Resources Trading Optimization)

Smartly schedule your production planning in terms of energy cost:

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Scheduling

Jobs to schedule

Electricity prices forecasting

Smart Production planning

Page 4: N-Side : ENERTOP (Energy Resources Trading Optimization)

Obtain your energy in an optimal way:

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Procurement

Electricity Need Optimal in-house electricity generation

Optimal trading on electricity markets

Page 5: N-Side : ENERTOP (Energy Resources Trading Optimization)

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Adaptability

Planning module (every 1 to 10 days)

Production planning

Planning optimization

Energy prices (forecast, trend)

Energy consumption and

trading

Adjustment module (every 15 minutes)

Process controlling

Balance optimization

Energy prices (actuals)

Corrective actions

Re-optimize your energy strategy in real time

Page 6: N-Side : ENERTOP (Energy Resources Trading Optimization)

ENERTOP address both operational and strategic questions…

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•  When  to  use  co-­‐products  to  generate  in-­‐house  electricity  by  cogenera1on?  

•  Which  quan5ty  of  electricity  to  buy  or  sell  in  electricity  markets  ?  

•  How  to  leverage  flexibility  in  my  produc5on  planning  to  reduce  my  energy  bill  ?    

Trading  on  Electricity  Markets  

In-­‐house    Electricity  Genera1on  

Produc1on  Planning  

•  How  to  renego5ate  my  long-­‐term  contracts  with  my  electricity  retailer  ?    

•  Do  I  have  to  invest  in  a  cogenera5on  unit  ?  What  would  be  the  R.O.I.  ?  

•  What  energy  savings  can  be  generated  by  new  technologies/investments  increasing  my  produc5on  flexibility  ?  

Opera5onal  ques5ons   Strategic  ques5ons  

Page 7: N-Side : ENERTOP (Energy Resources Trading Optimization)

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… using predictive and prescriptive analytics techniques

Predic1on  of    

Electricity    Price  

Produc1on    Planning  

Electricity    Purchase  

Cogenera1on   Electricity  Sales  

Electricity  Consump1on  

Co-­‐products  

Long  term    contracts  

Electricity    Purchase    on  Markets  

Stock  

Op1mal  Energy  Strategy  

Predic5ve  Model  for  electricity  prices:  •  Based  on  advanced  

sta1s1cal  methods  •  Predict  hourly  electricity  

price  with  less  than  5%  error  

Prescrip5ve  Model  for  Energy  Sourcing:  •  Based  on  advanced  op1miza1on  methods  •  Integrated  model  linking  sa1sfac1on  of  energy  needs,  valorisa1on  of  

co-­‐products  and  trading  on  electricity  markets  •  Generate  Op1mal  Energy  Strategy  for  your  plant  

Fuels   Steam  

Page 8: N-Side : ENERTOP (Energy Resources Trading Optimization)

Combining its expertise in mathematical modeling of complex industrial processes with electricity market coupling algorithms, N-SIDE will help you achieve tangible results

>  Flexible production planning based on electricity price forecast >  Positioning on Day-Ahead and Intraday electricity markets >  Optimal in-house electricity generation >  Long-term contracts renegotiation with energy suppliers

>  “SCOOP” : software optimizing production in integrated plants, non-linear continuous model developed by n-Side with a tailor-made and user-friendly web interface

>  Used daily by large industrials (Steel, Metals, (Petro)chemicals, …) in Europe, US and Brazil

>  Helping decision-making by: §  determining optimal raw material mix §  setting up production and quality level of

intermediate products §  optimizing order book to maximize profit

>  “EUPHEMIA”: market coupling algorithm for European Power exchange, implemented and developed in-house by n-Side, from theory to operations

>  Used daily by Power Exchanges to fix pan-EU day-ahead electricity prices in majority of EU countries

>  Computing market prices & volumes by: §  coupling national markets §  maximizing total economical welfare §  optimizing network capacity utilization §  modeling complex constraints

Mathematical modeling of highly complex industrial processes

Valuable experience in electricity market coupling

TANGIBLE RESULTS: REDUCING ENERGY COSTS BY UP TO 20%

Why N-SIDE ?

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Page 9: N-Side : ENERTOP (Energy Resources Trading Optimization)

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Interested by a product demo ?

Olivier  Devolder  ENERTOP  Product  Manager  Tel:  +32472468344  Email:  ode@n-­‐side.com  

N-­‐SIDE  Watson  &  Crick  Hill  Park  –  Bldg.  H    Rue  Granbonpré,  11  B-­‐  1348  Louvain-­‐la-­‐Neuve    

Contact  Us