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The Background of Energy Quantified

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

We are three power market professionals, with 40 years of combined experience in pioneering, building and maintaining well-known analysis platforms. Make no mistake, we feel privileged to have worked with so many exceptional and smart people.

But, as these businesses grew, an increasing amount of time was spent on management and making technical compromises – not on the things we love, which is innovating and building new stuff. So one day an idea emerged: What if one could start all over, use only the best available technology and move with the speed and agility only enjoyed when travelling light?

Long story made short, that is exactly what we have embarked upon. We named it Energy Quantified.

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Improve your ML with EQ

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Machine learning (ML) and artificial intelligence (AI) present some fascinating modeling approaches. However, even with ML and hyper-fast computing, the old saying "garbage in, garbage out" or simply GIGO holds true.

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What's the price effect of Cobra?

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The 700 MW Cobra cable, connecting the Netherlands and DK1 (Jylland) is scheduled to start commercial operation on Monday. In this short blog, we investigate the effects it will have on the price formation.

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Happy birthday 2019

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

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SEE hydrology and an exciting August?

Eylert Ellefsen

August can become an exciting month for traders in the SEE region. Recent precipitation forecasts have remained very dry. If these continue, there will be a further reduction in hydropower production and an additional upward pressure on spot-prices in the SEE-region. This is the conclusion gleaned from EQ’s new Pan European hydro model, which will be launched soon.

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Large differences in Alpine hydro balances

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EQ's new hydrology models indicate that we enter August with large differences in hydrological balance across the Alpine area. Switzerland and Austria now have reservoir fillings of, respectively, 12% and 8% above their seasonal normal, whereas France and Italy are on their seasonal normal. High snow reservoirs and delayed melting during the spring, was followed by a heatwave end of June and start of July. This sparked melting, which in turn led to high inflow levels and ultimately rapidly increasing hydro reservoir levels in Switzerland and Austria.

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River temperatures, we can have you covered

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As rising river temperatures may affect the output at thermal power plants due to cooling water restrictions, we invite you to suggest a river location for which we can provide forecasts and historical data.

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Can it rain from the ground up?

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Of course not! However, during the last seven days of June 3,5 TWh worth of hydropower resources simply vanished in thin air in the CWE area. That is what our new model for energy precipitation in Germany, France, Austria, Switzerland and Italy, tells us.

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Precipitation energy SEE area

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As part of our ongoing hydrology project, EQ now provides energy precipitation forecasts, seasonal norms and historical data for countries in South-East Europe, covering around 50 TWh of annual hydropower production – or nearly 30% of total power supply in the region.

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REMIT untangled

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How do REMIT messages stack up? Energy Quantified (EQ) now provides quantified REMIT and UMM messages for all your areas. A notoriously complicated, but important data feed is boiled down to easy-to-handle numeric time series.

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Mr Hydrology joins EQ

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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.

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