Back to Blog

Happy birthday 2019

Hugo Birkelund
Archived blog post. This blog post has been transferred from our previous blogging platform. Links and images may not work as intended.

This week we celebrate our 2nd anniversary as Energy Quantified or simply “EQ” – a Montel company. Two years on, our service provides “all you need to be in power” for all price areas in Europe.

One year after the official launch of our first product we already serve several hundred users throughout Europe with what we believe is the most convenient and timely access to price forecasts and market-moving numbers. The feature list may demonstrate why EQ attract many users.

What EQ provides

The table shows a list of the information we provide, parted in three pillars: Weather, Fundamentals, and Prices. However, it contains lots of variables – ranging from live price forecasts, quantified REMIT messages, hydrology models, high-resolution fundamental forecasts powered by seven of the best weather models, churning out 24 updates every day.

EQ Content September 2019

Adding to this, almost all these variables, come in three time slots:

  1. Historical data
  2. Within the horizon of the weather forecasts
  3. Beyond the horizon of the weather forecasts

The following figure illustrates this.

EQ_Content_Each_Varaiable Sept 2019

Finally, factoring in that EQ provides this for all price areas in Europe and Turkey, you will realise that EQ’s service is massive.

EQ knows there is an increasing information overload. That is why convenient access, that allows you to grow your core business is paramount to us. It is fair to say:
That is our product. That is our value-added to our users.

Probably it explains EQ's rapid customer growth.

Stop bloating your database

EQ's time series database is continuously updated. That's why our users often connect their developer tools (Excel, MATLAB, R or Python) and models directly with the EQ database. For instance, our free Excel Integrator will give you access in less than 3 minutes.

EQ_Cut_Down_on_Data_managment_2

The advantage of open access, self-service, and direct coupling is obvious: You enjoy uninterrupted and on-demand access to numeric market intelligence and analysis. There is no unnecessary bureaucracy between you and the information.

Do you manage a local portfolio?

We did initially not plan for it, but local forecasts have become a substantial part of our offerings. Tell us where you operate, and we will feed you everything you need in a consistent format. Be prepared for the future with forecasts on a 15-minute resolution. Check it out here or contact me.

EQ_Content_Local_Forecasts_September_19

Thank you

Our users trust in us is our motivation to continue innovating. We could not have come this far without the invaluable help and support from our fantastic colleagues at Montel and the competent weather professionals with our partner SMHI.

Just started

We started EQ with a strong desire and aim to develop features continuously. Simply because improving existing features and adding new stuff is what makes us tick. This week, for instance, we added new functionality to our REMIT system and empowered users to conveniently fetch forecasts at a shorter interval. Besides that, our pan-European hydrology project is making daily noticeable progress.

As we like to say: Numbers count.

Feel free to drop me an email at hugo@energyquantified.com if you have any questions.

More from the Blog

Update on Nordic hydro: Increased risk for flooding

Eylert Ellefsen

The risk for severe flooding and water spillage in the NordPool is on the rise. The reason is that the latest observed temperatures, and forecasted low temperatures, expectedly will further delay the melting process. Inevitably this will shift the melting to occur during periods with higher temperatures than previously expected.

Read Story

Fast or slow consumption recovery?

Eylert Ellefsen

The near future is uncertain, both for how to combat the Coronavirus epidemic and for the economic outlook. EQ has studied consumption development so far and simulates some scenarios to show possible paths of recovery towards New Year.

Read Story

Norway hydro: Record high snow reservoirs, expect full reservoirs mid-July

Eylert Ellefsen

The snow- and groundwater level at the end of March was at the highest level for the last 20 years, and the water reservoir filling is also still significantly higher than the normal. We expect the hydro reservoirs to be full mid-July and, given normal weather conditions, 8-10 TWh water spilt.

Read Story

Ready to try Energy Quantified?

No payment or credit card required.
Would you rather like a personal demo? Book one here with Hugo