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

Expected consumption growth in the Nordpool areas, 2030 and beyond

As the world undergoes the green transition, it is expected that demand for electricity will increase as we look to replace fossil fuels as a source of power.

Read Story

Nordic power prices rise on low hydro reservoir levels

Recently, the Nordic power market’s exposure to the current low hydrological balance and very high European power market prices have had a strong influence on power prices. This blog will focus on the situation in Norway South, which accounts for most of the hydrological deficit in the Nordic market.

Read Story

CWE hydrology stabilized after the flooding incidents

We have sadly all now seen the pictures from the devastating flooding that recently hit Germany, Belgium and other neighbouring countries. After several weeks in which precipitation continued above normal levels, these areas were hit by about 500% of normal precipitation during week 28 (July 12th - 18th) leading to a scenario where riverflows destroyed several villages and many people lost their lives. Our thoughts go out to the victims, their families and those making rescue efforts. Whilst unimportant given the context, the unprecedented rainfall has also affected power markets and those hydrological impacts will be the focus of this blog.

Read Story

German coal production for Q2 2021 reduces 20% on pre-pandemic levels

With power market conditions fluctuating in response to changing consumption demands as economies across Europe look to kickstart the green recovery after the height of the COVID-19 pandemic, Eylert Ellefsen, Senior Analyst and Hydrology Expert at Energy Quantified presents a comparison of the German power balance between Q2-2019 and Q2-2021.

Read Story