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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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French power market spikes – will history repeat itself?

Eylert Ellefsen
Eylert Ellefsen

Towards the end of 2022, power prices across Europe were extremely high as cold weather, a lack of wind power, strong gas markets and low levels of electricity generation from French nuclear plants all combined to create the power market’s perfect storm. More specifically, French power prices skyrocketed in week 50 as the supply situation became scarce. In reality, power supplies were only secured thanks to reduced consumption and strong imports, supported by all available French power generators running at maximum capacity.

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Germany re-starts coal-fired plants – will the Q1-23 supply be secured?

Eylert Ellefsen
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We’re taking a look at the energy crisis across Europe and Germany, in particular, this winter. Gas prices are soaring, the European gas supply is under pressure when Russia is more or less cutting the gas delivery to Europe. The government in Germany has opened up to bringing back 5.9 GW of mothballed coal units in order to save gas as the country is struggling with its gas supply this winter. In addition, the power balance is worsened by the nuclear closures (4.1 GW) and some coal-fired plants seem to close down according to the coal exit plans despite the initiative from the government to re-start mothballed capacity.

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Norway-South facing 15% risk of power rationing in the event of interconnector disconnections

Eylert Ellefsen
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The reservoir levels in Southern Norway are very low as we know. Politicians in Norway meanwhile, against the backdrop of exceptionally high power prices, are discussing the possibility of cutting all foreign power interconnectors to secure the power supply and avoid rationing.

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