Date post: | 08-Jul-2015 |
Category: |
Engineering |
Upload: | clustertweed |
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How advanced analytics can reduce your energy cost ?
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
Smartly schedule your production planning in terms of energy cost:
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Scheduling
Jobs to schedule
Electricity prices forecasting
Smart Production planning
Obtain your energy in an optimal way:
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Procurement
Electricity Need Optimal in-house electricity generation
Optimal trading on electricity markets
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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
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
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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
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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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