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N-SIDE

N-SIDE develops, markets and implements innovative decision-aid solutions based on state-of-the-art mathematical modelling techniques and optimisation methods. The company was launched in 2000 as a spin-off of Université catholique de Louvain (UCL) by Pr., Dr. Philippe Chevalier, Chair of Operations Research at the Louvain School of Management. It maintains strong partnership with universities and actively collaborates with different research centres in government funded research programs. Today, about 60 engineers (with one third of them holding a PhD.), experts in mathematical modelling, optimisation, industrial processes and energy develop innovative solutions and provide tailored consulting services to large companies in various sectors (e.g. pharmaceutical, chemical and metal industries).

N-SIDE presents a strong expertise on the modelling and optimisation of electricity markets in particular with the development of Euphemia, the coupling algorithm of European day-ahead markets. By combining expertise on electricity markets and on industrial processes, N-SIDE has also developed a strong activity on demand response topics by helping large industrial site to leverage their energy flexibility in an optimal way.

N-SIDE, will be involved in the techno-economic analysis of the innovative process considering the technical impact on the process, the energy market evolution and the potential of energy flexibility. N-SIDE will combine its expertise in the steel industry, the energy market and in energy flexibility combined with its advanced data analytics technics and solutions."