Changelog

You can see the prices on the balancing web pages. The imbalance prices are also available in the Time series API, in the Excel Integrator and via the Python client.

General improvements and bugfixes.

This is a bugfix release that fixes some issued with daylight saving time that occurs in rare cases.

The new Greek balancing market start on 1 November 2020. As usual, you can find the curves in the Time series API, in the Excel Integrator and by using our Python client. The volumes and prices are also available on the Balancing page in the web app.

As UK left the EU internal energy market on 1 January, implicit market coupling no longer takes place on the interconnectors with Great Britain. Nord Pool N2EX and EPEX are now running as two separate spot auctions. Results from both auctions are available on Energy Quantified. For Northern Ireland the single electricity market (I-SEM) with Ireland continues as before, except for the decoupling from Great Britain.

New price zone configuration in Italy from 1 January 2021. The Calabria region has become a new price zone CALA, and is therefore not longer part of the SUD zone. The Umbria region has moved from CNOR to CSUD. Energy Quantified has recalculated the fundamental data with the new zone configuration back to 2015.

The new front page layout on our web app is our way to give you a glimpse into the future where EQ brings you a far better spatial overview of the power markets. We are looking forward to making the upgrade.

REMIT data added to EQ’s database enabling improved forecasts of capacity and thus also price forecast.

Italy switched from 6 to 7 price sones. The Italian TSO made room for Calabria by changing the original four price zones on mainland Italy too. We are working on backcasting fundamentals and providing a forecast for the new price zone.

Based on user feedback we added imbalance price and volumes for SEM. Help yourselves in the database.

Based on our REMIT units, we calculate and provide data curves for coal, lignite, and nuclear capacity for the period 2015-2030. The coal exit i Germany may be added as curves.

EQ's excel integrator brings a complete numeric description of all power markets in Europe to the fingertips of any power professional that holds an EQ account. Combining Excel's tremendous ease of use with EQ's comprehensive database of power-related data has made our Excel integrator very popular.

Added new time-series API version with new parameters for OHLC and SRMC operations. SRMC now has a carbon-tax-area parameter for calculating local taxes OHLC-to-time-series and SRMC-to-time-series now has a fill parameter with functionality to fill holes (weekends and holidays). We have also added an Improve descriptions for OHLC and SRMC operations.

A new version of our Python client is released supporting among other things SRMC calculations. Full changelog available at https://energyquantified-python.readthedocs.io/en/latest/reference/changelog.html

New format on daily weather comments from our partners at the Swedish met office – SMHI. The new format has a cleaner looks, more relevant text and includes new tables with SMHI's own predictions. We've also updated the infrastructure improving speed and stability.

Upgraded the REMIT source from ENTSOE to Nord Pool UMM for outage messages for the Irish I-SEM market – the joint market for Ireland and Northern Ireland. The quality of messages published on Nord Pool UMM appears to be higher.

The new 1400 MW Implicit connection was added to the spot price calculation the same day it was commercially opened.

Examples of units added are: Poolbeg-A, Poolbeg-B, Aghada-GT-1, Aghada-GT-2, Aghada-GT-4, Sealrock-3, Sealrock-4, Tarbert-1, Tarbert-2, Tarbert-3, Tarbert-4, Rhode-1, Rhode-2, Tawnaghmore-1, Tawnaghmore-3, Cushaling-1, Cushaling-2, Ballylumford-C-31, Ballylumford-C-32, Ballylumford-C-10, Ballylumford-GT-1, Ballylumford-GT-2, Dublin-waste, Indaver-waste, iPower-Solutions, Knockmore-Hill-AGU, Lisahally.

Following the opening of the first link between DE and BE ( the 1000 MW ALEGrO) EQ added data feed on the relevant system data, included our proprietary forecasts for flow and capacity. Help yourselves to the new data set.

ALEGrO is the first link between DE and BE. ALEGRO was introduced gradually from 18 November 2020 and will expectedly reach its capacity plateau for the DayAhead market on 5 December. The 2000 MW capacity intraday capacity is to be introduced in 10 days starting 8 December. The technical complication associated with this DC line required change in the policy regulating the flow base marketing coupling area. Before the introduction, only “intuitive” solution was accepted. (Power flow in the direction of the highest price. After the introduction also non-intuitive solutions are allowed in the FBMC area.

EQ now provides the feed on the results and forecasts of the new 15-minute intraday auctions for AT, NL and BE and 30-minute auctions for FR and GB.

We switched to using BM Reports as a source for REMIT outage messages in Great Britain. Previously, we used ENTSO-E Transparency. The switch gives faster and more reliable updates We have also experienced that some messages that were on BM Reports didn't appear on ENTSO-E. The upgrade should improve the data quality on outages messages in Great Britain.

Simplified the REMIT outage message listing for messages with many time periods. Some powerplants have a couple of hundred time periods in their messages, so in the message list these time periods are now merged into one row where we write the entire date interval and the minimum and maximum available capacity in the interval. You can click on the row to view the details.

A new version of our Python client is out. Important changes for this release is far better integration with the pandas library, a lot more documentation, added some example scripts to the GitHub repository, and much more. A detailed changelog is found here: https://energyquantified-python.readthedocs.io/en/latest/reference/changelog.html

We continue to add data for production units and REMIT information as it arrives. As an example, we added actual production data 60+ powerplant units in Norway. You can conveniently search for and download production for area totals and for units in your preferred area on EQ.

Added actual production for hydro, solar, and coal. A quick search in our database shows that EQ now provides 11 curves on power production in Croatia. From insignificant sources like Geothermal and Waste to hydro production and coal. The aim is to be complete, on all sources and areas.

A new version of our Python client with support for OHLC data.

Added data for solar photovoltaic, wind power, consumption, and temperature.

The most noticeable changes are: The number of ensemble members has increased from 20 to 30 and the 00 run is prolonged from 16 days to 35 days. Model horizontal resolution increased from 0,5 to 0.25 degree (~25 km) and maintained throughout the forecast period. Better GFS claims the model has undergone major improvements in many areas.

Energy Quantified adds OHLC data for power, gas, oil, coal and EUA (CO2) to our pricing page. The idea is that users can cherry-pick the prices for only the country/area they need. The data is available in Excel, in the Python client and in the TimeseriesAPI.

Spot forecasts extended to 45 days. The forecasts can be downloaded via our API client and our Excel integrator.

We continue to roll out Fundamental Climate, now adding temperatures and precipitation energy.

Futures for Bulgaria power base is added to EQ’s OHLC data feed.

Added synthetic hydro reservoir production numbers for Norway. The numbers included the new pump storage production numbers. Pump storage is now a production category for Norway.

Added operations for calculating of Short-run marginal costs (SRMC) in our API.

Added EPAD for the Nordic areas. EPAD is trading day statistics for electricity price area differentials future contracts from Nasdaq Commodities. The reference price for these contracts is the Nordic system price.

Time series for hourly production by fuel type for Turkey is now available. Note that the hard coal category refers to imported coal, while lignite, asphaltite and black coal are the domestic coal types.

Added a knowledge base that provides convenient access to information on a wide array of topics and frequently asked questions. We aim to add articles as we go. Feel free to request topics. Over time the EQ knowledge base will become the go-to source of information on the power market, data availability and market modelling.

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.

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. Read more at https://energyquantified-python.readthedocs.io/

We have upgraded our reporting system for river temperature, providing historical data, status monitoring and river temperature 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.

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.

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.

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.

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 futures 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.

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.

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.

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.

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.

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.