Eylert Ellefsen

Senior Analyst and Hydrologist

Senior market analyst and hydrology expert at Energy Quantified. He has held various leading positions within power market analysis for Markedskraft/MKonline and now in Energy Quantified. Eylert is the go-to person for questions related to power price formation and hydrology.

Blog posts

COVID-19 impact on European demand – update and outlook

On 25 April (week 17), EQ published a blog post showing the impact the Corona-virus was having on the consumption for 16 countries across western Europe. As the holiday season has mostly come to an end, we have now reviewed our demand outlook for the rest of the year.

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Austrian hydropower: Extreme precipitation and flooding in week 32 (updated)

The hydropower situation in Austria is now at a nearly maximum resource level. Production from the reservoirs has to be increased in the coming weeks to avoid further flooding and uncontrolled production levels. So far, we haven't seen any effect on the spot market as the German renewables are the main price drivers. However, the strong Austrian hydropower will contribute to slightly lower domestic spot prices.

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Yr-2021 power contracts: Massive market movements, uncertainty and COVID-19 recovery

The market outlooks for 2021 are very exciting with uncertainty about French nuclear capacity, effects of German coal-fired and nuclear phase-outs, and consumption and financial recovery from COVID-19. In addition, there is an upward potential for both CO2 and gas prices.

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Romanian hydropower situation back to normal?

The hydropower situation in Romania and most of Southeastern Europe improved in July after a wet June. Price differences between Austra (CWE region) and Hungary/Romania (SEE region) are significantly reduced from the start of Q2. Outlooks for August indicate that the price difference most likely will come out lower than 7 €/MWh which has been traded in the end of July.

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