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Mr Hydrology joins EQ

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

We are pleased to announce that Eylert Ellefsen joins Energy Quantified (EQ) as a senior analyst. Many will recognise Eylert as the person who pioneered the development of hydro models in Europe.

Eylert's background

Eylert comes from Wattsight (former Markedskraft), where he for the last 19 years distinguished himself as a leading contributor to the analysis team. His attention to details and ability to tie it all together into a coherent market analysis earned him his colleague’s and client’s recognition and admiration.

The next generation hydro models

By hiring Eylert, we confirm our commitment to build and operate the next generation hydro-power and hydrology forecast models. We aim to focus on the short- and medium-term price formation effect stemming from the hydro system. In line with the hitherto developed EQ models, the planned hydro system will entail unprecedented high resolution, broad coverage and attention to details. The work so far clearly points to a future where hydro production and hydrology will be much richer described and deeper understood than up to now.  

Why is this important for you?

For you, this means an improved early-warning system on how hydro production affects the short-term power markets. An improved understanding of the short-term effects in hydrology will also spill over into an improved understanding of hydrology and forecasts of with longer lead horizon.

Follow the development

You can already make use of EQ's hydrology numbers by exploring our self-service database of actuals related to hydrology, like hydro production and reservoir levels. EQ also provides capacities of available capacity generated from REMIT messages linked to hydro production, both on individual units and stacked to the total for any price area.

More from the Blog

Norway – can water spillage be avoided?

Eylert Ellefsen

An extreme hydrological situation across Norway. The hydrological balance by the end of February is estimated to be 22.5 TWh, which is close to an all-time high. During the last 20 years, we have only seen comparable situations during 2000 and 2005.

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Energy Quantified's Eylert Ellefsen on Montel Weekly podcast

Jon Moen Drange

Hydro levels in the Nordic region are at levels never seen before at this time of year, while southern parts of Europe have also been very wet. Listen to Mr Hydrology, aka Eylert Ellefsen, talk about the unusually high precipitation and the impact on wholesale power prices from Trondheim to Tarragona.

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Normalized hydropower situation in the Southeast Europe by Christmas and New Year's Eve

Eylert Ellefsen

Despite a dry spell in October, the hydropower situation in Southeast Europe improved significantly during a wet November. Throughout December, the situation has normalized in most areas.

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