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CAPTURE THE FULL VALUE OF ENERGY FLEXIBILITY Nowadays, the global energy mix sees a growing share of intermittent electricity generation. The supply- demand balance in th e electric ity grid beco mes inc reasingly challen ging to achieve. It results in high er vo latility in electricity prices and stronger needs for ancillary services. To increase profitability and remain competitive in this new energy world, it is now imperative to take advantage of market price variability and Demand Response (DR) incentives as a key input for optimization of processes, both on the electricity consumption and generation sides. As key actor in Advanced Business Analytics and expert in Energy Optimization, N-SIDE has gained expertise in multiple industry sectors worldwide. Each industry has its own process specificities and constraints, particular objectives and different level of flexibility maturity. This is why N-SIDE offers a complete range of services and modular solutions to help you capture the full value of your energy flexibility! Identify flexibility Valorize flexibility Increase flexibility ON-SITE AUDIT ENERTOP PLATFORM STRATEGIC CONSULTING 1 2 3 CONSULTING Paper Pharma Glass Chemical FMCG Steel § Identify flexibility sources in the different parts of the plant by reviewing the different processes, determine the flexibility parameters and associated constraints. § Understand on which market and under what conditions these flexibility sources can be leveraged . § Assess the economic potential § Optimize on a daily basis and/or real-time basis the planning and activation of identified flexibility sources § Convert plant flexibility into real savings on different electricity markets § Increase flexibility potential from existing assets using advanced tools, process adaptation or new electricity contracts § Assess potential investments in flexibility assets (e.g. electric boiler, storage capacity, etc.) § Prepare a winning flexibility strategy and roadmap to be ready for the Renewable Energy Revolution N-SIDE is at your side from the early stage of identifying flexibility potential through audits and potential assessments up to flexibility valo rization usin g N-SID E ENERTOP platform and beyond with strategic consultin g projects to get you r comp any ready for the renewable energy revolution! Every company is different so N-SIDE proposes a flexible business model that allows to start from one step and add the following steps upon results. N-SIDE’s ambition is to optimize and valorize your energy flexibility through progressive change management and true partnership! WWW.N-SIDE.COM THREE-STEPS APPROACH TO FLEXIBILITY OPTIMIZATION

CAPTURE THE FULL VALUE OF ENERGY FLEXIBILITY · 2019. 10. 21. · CAPTURE THE FULL VALUE OF ENERGY FLEXIBILITY Nowadays, the global energy mixsees a growing shareof intermittent electricity

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Page 1: CAPTURE THE FULL VALUE OF ENERGY FLEXIBILITY · 2019. 10. 21. · CAPTURE THE FULL VALUE OF ENERGY FLEXIBILITY Nowadays, the global energy mixsees a growing shareof intermittent electricity

CAPTURETHEFULLVALUEOFENERGYFLEXIBILITYNowadays, the global energy mix sees a growin g share of intermittent electr icity generation. The supply-demand balance in the electric ity grid becomes inc reasingly challen ging to achieve. It results in higher vo lati lityin electricity prices and stronger needs for ancillary services.

To increase profitabi lity and remain competitive in this new energy world , it is now imperative to takeadvantage of market pric e var iabil ity and D emand Response (DR) incentives as a key input for optimizat ion ofprocesses, both on the electricity consumption and generation sides.

As key acto r in Advanced Business Analytics and expert in Energy Optimization , N-SIDE has gained expertise inmultiple industry sectors worldwide. Each industry has its own process specificities and constraints, particularobjectives and diff erent level of flexib ility maturity. This is why N-SIDE offers a complete range of servic es andmodular solutions to help you capture the full value of your energy flexibility!

Identifyflexibility

Valorizeflexibility

Increaseflexibility

ON-SITEAUDIT

ENERTOPPLATFORM

STRATEGICCONSULTING

1

2

3

CONSULTING

Paper Pharma GlassChemical FMCGSteel

§ Identify flexibility sources inthedifferent partsof theplantbyreviewingthedifferent processes,determine the flexibilityparameters and associatedconstraints.

§ Understand onwhichmarketandunderwhatconditions theseflexibility sources canbeleveraged.

§ Assess theeconomic potential

§ Optimize on adailybasis and/orreal-time basis theplanning andactivationof identified flexibilitysources

§ Convert plant fle xibility into realsavings on different electricitymarkets

§ Increase flexibility potential fromexisting assetsusing advancedtools, process adaptation ornewelectricitycontracts

§ Assess potential investments inflexibility assets(e.g. electricboiler, storagecapacity, etc.)

§ Prepare awinningflexibilitystrategyandroadmap tobereadyfor theRenewable EnergyRevolution

N-SIDE is at your sid e from the early stage of identif ying flexib ility potent ial through audits and potential assessments up toflexibil ity valo rization usin g N-SID E ENERTOP platform and beyond with strategic consultin g projects to get you r company readyfor the renewable energy revolution!

Every company is different so N-SIDE p roposes a f lexib le business model th atallows to start from one step and add the following steps upon results.

N-SIDE’s ambition is to optimize and valoriz e your energy flexibi lity throughprogressive change management and true partnership!

WWW.N-SIDE.COM

THREE-STEPS APPROACHTO FLEXIBILITY OPTIMIZATION

Page 2: CAPTURE THE FULL VALUE OF ENERGY FLEXIBILITY · 2019. 10. 21. · CAPTURE THE FULL VALUE OF ENERGY FLEXIBILITY Nowadays, the global energy mixsees a growing shareof intermittent electricity

WWW.N-SIDE.COM

To find the optimal response to your flexibil ity challenges, N-SIDE has developed ENERTOP. The solutionincorporates advanced analytics and optimisation algorithms to enable you to take quick, optimized andinformed decisions to bui ld your opt imal demand response strategy. ENERTOP is composed of a library ofmodules of p roduction processes and CHP units which are customizable. A detailed mathematical modelincluding the technical , economical and commercial constraints is custom build to exactly rep res ent theenergy ecosystem of the plant.

ENERTOP provid es a user-friendly web in terface with adashboard displaying key information like optimizedenergy costs, overal l consumption and production.Recommendations are p rovid ed to operate the flexibleprocesses optimally.

ENERTOP is a decision-aid solution deployable ondifferent time horizons from strategic to real-timeoperations.The advanced analyt ics algorithms provide you withoptimal p roduction and CHP schedules enabling you tocapture the full valu e of your flexib ility on differentelectricity markets.

ENERTOPSOLUTION

TAKE THE OPTIMAL DECISIONSWITH ADVANCED ANALYTICS AND OPTIMIZATION

Reserveparticipation

Assess the best strategy for the plant on Reserve Market.ENERTOP computes for the different levels of offered volumes and reserve products:§ The marginal costs of (upward and downward) capacity availabilities.§ The costs of (upward and downward) activations

Day-aheadNomination

MODULAR APPROACHTO COVER DIFFERENT MARKETS &TIMEFRAMES

Optimize daily Nominations to minimize electricity cost thanks to:§ Optimal Forecast of inflexible loads§ Optimal Scheduling of flexible loads§ Optimal use of CHP flexibility

IntradayRe-Optimization

Adapt real-time day-ahead nominations (last minute order, maintenance, etc.)§ Computationofthemarginal cost/savingsofnomination changes

§ Optimal planning forthedifferent volumesofnet loadchanges§ Recommendation forthebiddingstrategy onthe intradaymarket

BalancingOptimization

Optimize real-time imbalance management at plant level.Re-optimize load and CHP planning to minimize imbalance volume for the nominated hoursand/or leverage the opportunities on the balancing market.

Activation Optimize real-time activations managementTracking of reserve market commitments• Reception of activation signal from aggregator and from balancing module• Direct activation of assets• Re-optimization of Planning after activation