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PRODID:-//EURO Practitioners&#039; Forum - ECPv6.15.13.1//NONSGML v1.0//EN
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X-ORIGINAL-URL:https://www.euro-online.org/websites/or-in-practice
X-WR-CALDESC:Events for EURO Practitioners&#039; Forum
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TZOFFSETFROM:+0000
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TZNAME:UTC
DTSTART:20210101T000000
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BEGIN:VEVENT
DTSTART;TZID=UTC:20221007T100000
DTEND;TZID=UTC:20221007T110000
DTSTAMP:20260406T113919
CREATED:20221003T230157Z
LAST-MODIFIED:20221003T230157Z
UID:954-1665136800-1665140400@www.euro-online.org
SUMMARY:Libra: EMC Platform for Exchange of Electricity Reserves
DESCRIPTION:About this event\n\n\n\n\n\nLibra is the European platform for the activation and exchange of electricity reserves. The platform is used to select reserve offers for activation on replacement reserve (RR) and manual frequency restoration reserve markets (mFRR). At the center of the platform\, an optimization algorithm is used to optimize the set of bids to activate in order to satisfy demands\, maximize social welfare and compute the market clearing price while abiding by numerous market rules and taking into account many complex dimensions such as market coupling\, time coupling\, complex offers\, etc. \nBecause of the criticality of the process\, the market clearing algorithm has a very short time to run and must return a solution in all circumstances. Therefore\, the optimization system must achieve very high performance and robustness. \nAfter an introduction to the platform and its purpose\, we will discuss the approach used to tackle this problem in practice and ensure meeting the performance and resilience goals.
URL:https://www.euro-online.org/websites/or-in-practice/event/libra-emc-platform-for-exchange-of-electricity-reserves/
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