The changelog highlights recent product improvements we’ve made so you can easily stay up to date on what’s new.
July 24, 2020
Fundamental climate view on web
As part of our process of rolling out Fundamental Climate, we introduce “View fundamental climate on the web”. Now you can pick and choose any area in Europe and view the 40-year weather spread for the variable of interest on the fly. Select any date range and download data into Excel, too. That said, fundamental Climate contains a lot of data. A better practice would be to download the data for analysis via either our Excel Integrator or API client. Note: So far wind and solar are covered for entire Europe. More variables, like consumption, precipitation energy, and weather parameters, will follow shortly.
July 22, 2020
Python API client released
Simplifying access to our vast database of power data is central to EQ. Now we take the next step and provide a Python client for our API. The client is well-documented and provides a fast and modern gateway into EQ’s database of power-related data. It integrates with Pandas – a fast, powerful and flexible open-source data analysis and manipulation tool.
The source code is available (with links to documentation) on GitHub: https://github.com/energyquantified/eq-python-client
July 15, 2020
We have upgraded our reporting system for river temperature, providing, historical data, status monitoring and rivtemperature forecasts. The maintenance and upgrade entailed, backloading and testing of historical data, re-estimating the forecast models, and extending the forecast’s lead time from 15 to 45 days.
July 8, 2020
Intraday price forecasts for Germany
We are introducing coverage of Intraday price forecasts. We have started with the German intraday market. The forecasts come with 7-day lead time and are available via our API, Excel integrator and our Data search page on the web app. Please note that the forecasts are updated continuously so you will always be able to retrieve the most recent update. Every hour we make a snapshot and store it in the database. Help your self to the historical forecasts using our self-service forecast’s retriever.
June 15, 2020
Balancing data Czech Republic
Estimates of the preliminary imbalance prices and volumes based on data from the Czech TSO, CEPS. Official system imbalances are available with a delay of one or two days from the electricity and gas market operator, OTE. Regulation volumes are accumulated in real-time from CEPS. IGCC volumes are from regelleistung.net.
June 10, 2020
HYPE, short for Hydrological Predictions for the Environment model, is a semi-distributed catchment model. It simulates water flow and substances on their way from precipitation through different storage compartments and fluxes to the sea. Through a collaboration with SMHI; our research, experimental modelling and finally daily operation, we have made HYPE become the core of our new hydro modelling system. One year after we started the project, we believe HYPE, combined with our advanced high-frequency modelling on top, in many ways surpasses the traditional HBV model. The new web pages, SMHI HYPE, are to be viewed as complementary information to our hydrology report. We expect experienced analysts to find the added information useful. The data series are also made available for download.
June 9, 2020
Fundamental Climate, real weather-driven spread
EQ is in the process of rolling out Fundamental Climate. It is a rolling simulation of 40+ weather years for, consumption, wind, solar and residual load etc. The data is perfect for a wide array of applications: 1. Input into forward price models, yielding the weather generated spread. 2. A wide array of analytical topics.
3. It enables users to choose their desired reference period for the normals 4. EQ delivers Fundamental Climate for specific points/wind/solar parks. It is perfect for PPA assessments. Rolling simulations of Fundamental Climate used to be available only for the market players with deep pockets and large teams. Now, EQ facilitates this for a fraction of the costs and greatly improves the user friendliness.
June 8, 2020
Capacity development: Photovoltaic and wind power
We have added data for the installed solar photovoltaic and wind power capacity for all relevant areas. The historical capacity starts in 2008, and the prognosis ends 2025. Wind power capacity is split in separate series for on- and off-shore. Note that the data is updated as new information arrives. Technology and wind conditions at the locations that are still available for newly-built capacity has changed dramatically. Hence, it is not straight forward to assess the effect of, e.g. 100 MW installed in 2008 and the same amount in 2025. These types of change are embedded in EQs models. Be advised to consult our historical data, backcasts and simulated normals for comparisons over time.
June 2, 2020
I-SEM market added
Integrated Single Electricity Market, (the combined market for IE and NIE) is added. We have named it SEM. Equivalent to how we handle, e.g. NordPool and Italy, the variables for weather, fundamentals, prices and REMTI, etc. are depicted and made available via our web and database. The symmetry in handling also means that we keep the content for IE and NIE. Historical data (Actual, Backcasts), Seasonal normals and Forecasts are, of course, provided for all variables.
June 1, 2020
Run of river production at a 15-minute resolution
As part of our hydrology project, we now provide run-of-river production at a 15-minute time resolution. Search for “Hydro Run-of-river Production” to find your country. Forecasts, seasonal normals, and backcasts/synthetic are, of course, also included. So far, we provide this feature for twelve countries and only via our database. However, staying true to our mission: All areas will be covered and depicted on our web.
May 25, 2020
Upgrade of consumption data in Great Britain
Instead of using settlement data, we now use meter data as input for consumption in GB. The change will increase the reported consumption levels with around 2000 MW from the middle of 2019. Before this time, the data shows only minor changes to historical information. EQ strives to provide one standard definition for consumption in all areas. For GB, e.g. this means that embedded renewable generation is included in the consumption numbers.
May 19, 2020
Improved the search functionality in our API
EQ provides thousands of curves, many with up to 24 forecasts instances every day. We have made it easier to search, find and pick just the information you are looking for within our API. Further, we have added more functions for period-based series, predominately used in REMIT data.
May 18, 2020
Added REMIT units
We have added Datteln 4, (1.1 GW) probably the last hard coal power plant to be commissioned in Germany. Further, the Dutch 1.3 GW CCGT that opened as late as 2012, mothballed already in 2014, it is now back in operation. Similar, the 300 MW Pergen in the Netherlands, an industrial cogeneration plant operated by Air Liquide. Finally, the recently opened 222 MW offshore wind park in Belgium, Northwester, had been added. We expect to add wind parks in Great Britain and Germany soon.
May 13, 2020
Added holidays and vacation effect in MW
EQ simulates the expected effect on power consumption due holidays, bridging and vacations. The time series, available for download, comprises many effects: 1. Shoulder effects: Ramping down the day before a holiday and ramping up as workload resumes the following day. 2. Bridging: The impact of businesses (employees that take a day off the day after or before a holiday). 3. Overlapping holidays: Adjusting for holidays that coincide. 4. Vacation effect: Predominately the summer vacation, measured as reduced load.
May 13, 2020
Upgrade of Excel Integrator
A brand-new version of our Excel integrator was launched. The overriding goal is to simplify the usage and integration of market fundamentals and prognosis into your everyday work and desition processes. The addition of more curves, ability to control and upgrade more preset downloads will facilitate just that.
May 12, 2020
Showing OHLC in our web interface
As a new step in our aim to add more pricing information, we have started to display OHLC on the web. So far, only under the Data Search. We are very eager to show you what we are developing for you. Stay tuned.
May 11, 2020
Added spot forecasts in Greece and Turkey
Until now, we have not rendered the results from our spot market simulation for Greece and Turkey. So far, it has only been part of the simulation of power flow and equilibrium price in the adjacent markets. In line with all the other areas, we now publish spot market forecasts for Greece and Turkey in the same manner as the rest of Europe: Including continuously updated spot market forecasts, ensemble forecasts, spread forecasts, and market sensitivities.
May 11, 2020
Added overview of holidays
There are several hundred regional and national holidays in Europe and Turkey. Many of these affect power consumption. EQ gives you a convenient and comprehensive overview of these days, historically and for many years ahead of us. Perfect if you need to model energy usage or keep track of trading days. EQ keeps the information to simulate the holiday effect, measured in MW.
May 6, 2020
Adding Wind power in Serbia
Adding the 400 MW installed capacity in Serbia makes EQ complete on wind power information in Europe. To be clear: We monitor capacity expansion, simulate a consistent historical data set, offer season normals and of course, provides multiple alternative forecasts.
May 6, 2020
Improving REMIT availability
We have added four new API endpoints for period-based series. Some explanation might be useful: A time-series, is defined as values at fixed time-step, say hourly, daily, weekly. The REMIT info, however, is issued as period series, meaning capacity from a timestamp to a time stamp. Our API converts the period- to time-series on the fly. In effect, it makes the REMIT data user-friendly.
May 4, 2020
Adding REMIT for Hungary
REMIT for Hungary was indeed included in our first version of REMIT feed. However, the data feed for Hungary proved to be structurally erroneous, so we decided to remove Hungarian data form our REMIT system. Noticing that the feed has improved, we have relaunched the REMIT feed for Hungary.
May 4, 2020
Adding API for OHLC
We have added a new API for retrieving Open, High, Low, Close, (OHLC) data for the latest trading day. The improvement also paves the way for retrieving all our derived curves we plan to produce, e.g. SMRC, spark- and dark-spreads.
April 30, 2020
Improving fundamental models
EQ continuously reload revised historical data. Improved knowledge of capacity and technology is also accumulated in our systems. Finally, revised historical weather information has recently been made available. Based on three these actors we are in the process of making a complete overhaul of our fundamental models. In effect, this will yield improved forecasts, Backcasts seasonal Normals. We start by upgrading our wind power system.
April 23, 2020
More forecast available
EQ facilitates its users to download all our historical forecasts. It is on a self-service basis and included in our standard terms. This upgrade prolongs the lead time from five to ten days lead time.
April 15, 2020
Commercial schedule, IE-GB
Added the commercial schedule: Ireland - Great Britain. The data is made available or self-service database. We will add the missing information e.g. Greece and South-East Europe as they are made available.
April 9, 2020
Upgraded the spot models
We upgraded the spot models for NordPool, France and the Netherlands. The upgrade foreshadows multiple updates of EQ's spot model system.
April 1, 2020
Need for speed
EQ has experienced a substantial load-increase during the last few months. In order to continue to grow uninterrupted, we made a large change to our system. In short it doubled the speed and space. EQ will not allow its systems to get sluggish.
March 31, 2020
End of day prices
Tapping into Montel's phenomenal price feed, we have the pleasure to make OHLC, Open, High, Low and Close available for our users. You will, of course, also find Settlement and Open Interest. The data is so far made available via our API and Excel Integrator. We work to add a Forward analysis. Next step is to add user-guided calculations of local SRMC, Dark- and Spark-spreads.
March 31, 2020
Enlarged the production history
For your convenience, EQ made actual production history for more than 1000 production units available back to 1.jan 2015. Help your-self, but we advised that the quality and availability vary.
March 17, 2020
View your EQ access
EQ wants to give control to our users. The first step is to show you your access status under Settings. The additions are preparation for making the users the admin of their access.
March 9, 2020
Power transmission curves for REMIT is extended from three to six months. Note the REMIT curves for production units reaches five year into the future.
March 4, 2020
Spanish imbalance volumes
Added imbalance volumes in Spain. The additions continue EQ strategy to include all variables and information as soon as they are made available. Let us know if you miss variables in our self-service database.
February 27, 2020
Pump consumption in BE
Completing our database, we have added consumption connected to pumping in Belgium. Pump production and consumption are not to be overlooked. With 1000 MWh/h, the countries pumping is in the vicinity of 1/9 to the load levels in Belgium (as I write this in April 20). On the same note, EQ provides pump storage production, consumption and installed capacity for 19 countries now.
February 26, 2020
Connection Montenegro Italy
Added the 600 MW Montenegro connection between Montenegro and Italy Central-Southern. The connection to Italy is larger than Montenegro's other links to Albania, Bosnia Herzegovina and Serbia.
February 18, 2020
Volumes in the NordPool spot auction
Following a request, we made the volumes in the NP spot auction conveniently available for download in our database. Serve your-self.
February 7, 2020
Spot forecasts extended from 15 to 45 days
Adding spot and power flow forecasts with a lead time of 45 days. Input is taken from the ECMWF 45-day quantified weather outlook, combined with prognosis for flow capacity, outages derived from REMIT messages and our hydrology system.
January 28, 2020
Precipitation energy for Turkey
EQ now brings you precipitation energy for Turkey. The service includes forecasts, seasonal norms and historical data. Of course, evaporation is modelled, simulated and forecasted, similar to how we do this in other hydro areas we cover. The addition is a tangible indication of our goal: Providing full-featured hydrology for Turkey along the same lines as we do for other hydro areas in Europe.
January 22, 2020
Added convenient data view for individual REMIT curves
Added ability to preview any remit curve on our Data search page. The aim is to provide a quick and straightforward way to investigate any units Remit history and status. To view any units remit history and status, just search, pick, and chose a date range, if you are not satisfied with our default template range. With one click, you may the curve.
January 21, 2020
Extended the filter features on REMIT messages
We have added convenient switching between filtering between “Active messages” and “All messages”. Before the upgrade “Canceled messages” was not shown.
December 14, 2019
Completed hydrology for South Eastern Europe
Added complete sets of hydrology forecasts for Bosnia and Herzegovina, Bulgaria, Croatia, Greece, Montenegro, North Macedonia, Serbia, Slovenia, and Romania.
November 27, 2019
Forecasts for imbalance prices in the Nord Pool region
Calculating the expected positive, negative and consumption imbalance prices for the current and the next hour for the Nordic price areas.
November 18, 2019
Moved old hydrology models to own submenu
We have now set up new hydrology models in cooperation with SMHI. Therefore we moved the old hydrology page in the Nordic region into a submenu. This menu will later be replaced with a page for viewing some raw/unprocessed model output.
November 17, 2019
Inflow forecasts for South Eastern Europe
While we are tracking the situation in the region, we are now publishing inflow forecasts as well. The model runs for Romania, Serbia, Greece, Bulgaria, Slovenia, Croatia, Bosnia and Herzegovina, North Macedonia, and Montenegro. Data is available on the web application in tables and charts, and for download in Excel and through the Time series API. More will follow.
November 7, 2019
Hydrology forecasts for all Nord Pool price areas
As promised, we have rolled out hydrology forecasts for the entire Nord Pool region. Forecasts are available on the web pages and for download in Excel and through the TIme series API.
October 31, 2019
Starting to roll out hydrology forecasts
Started to roll out forecasts of hydrology. Areas covered so far are the Alpine area, Italy, Spain and Portugal. Forecasts for the Nord Pool price areas will follow in the days to come. EQ also provides all historic forecasts for download. Help yourself in our data centre.
October 24, 2019
Transparent pricing with price calculator
Added a pricing page with a calculator where you can tailor a quote. You just pick the countries you want to be covered and choose how many users you want. Based on this, the calculateor provides you three alternative planes with 3-, 12- or 24-month subscription period. Go on and have an unbinding offer sent to your mailbox. You may choose to have a sales representative contacting you for a further conversation on your product preference
October 21, 2019
Hydrology status completed
Roll out of EQ’s new hydrology service with updated status completed. The status covers variables relevant for the hydrology, such as hydro balance, water-, snow- and soil reservoir, inflow and precipitation energy. EQ also provides curated historical data and simulated seasonal normals for the same variables.
October 14, 2019
Find your role
We added information on how EQ supports different work roles on our homepage. Just pick your role, click and see how EQ aids and in your everyday work.
October 11, 2019
Feature description of our service
Updated our homepage with an overview and detailed description of all features. A brief summary of how models work and interact is also supported. The summaries will function as an introduction to a knowledge centre we are planning to launch
September 18, 2019
Pan-European hydrology status rolled out
The hydrology project moves forward. We have rolled out an update of the hydrology pages with better normals. Now we have data for all price areas where hydrology is relevant. Forecasts for all variables will be added as well in the weeks and months to come.