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Energy Quantified's technical blog on product updates, tips for energy market participants, case studies and more.

Reviewing the German power market 2018-2020 using EQ data

Eylert Ellefsen
June 12, 2020

Power markets have changed a lot since the start of 2018 due to stronger EUA-prices and falling gas- and coal prices. To illustrate how customers can benefit from our pool of market data, we have reviewed German power market developments since the start of 2018.

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After a late spring thaw, expect a jump in Swedish inflows and run-of-river production

Eylert Ellefsen
June 9, 2020

Inflows in SE1 and SE2 were below the seasonal normal until the last week of May (wk 22), but EQ analysis shows a strong increase in inflow and run-of-river production from the beginning of June (wk 23 and onwards).

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France’s hydro reservoir filling hits new high and expected to rise further

Eylert Ellefsen
June 4, 2020

EQ on Wednesday forecast France hydro reservoir filling will reach close to 80% of max capacity by the end of next week (wk 24) and will continue rising given normal levels of precipitation and inflow.

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COVID-19 cuts Europe’s annual consumption by ≈124 TWh

Eylert Ellefsen
June 3, 2020

European power demand has recovered faster than anticipated as lockdowns have been eased across Europe, but EQ’s latest forecast shows annual demand in 16 western European countries will still drop to around 3% below normal levels.

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Extreme melting & inflow with a risk of 10 TWh spillage

Eylert Ellefsen
May 29, 2020

EQ hydrology forecasts show inflow to Norwegian reservoirs will average 180% of normal levels over the coming two weeks, as higher temperatures accelerate the spring melt.

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Update on Nordic hydro: Increased risk for flooding

Eylert Ellefsen
May 6, 2020

The risk for severe flooding and water spillage in the NordPool is on the rise. The reason is that the latest observed temperatures, and forecasted low temperatures, expectedly will further delay the melting process. Inevitably this will shift the melting to occur during periods with higher temperatures than previously expected.

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Fast or slow consumption recovery?

Eylert Ellefsen
April 25, 2020

The near future is uncertain, both for how to combat the Coronavirus epidemic and for the economic outlook. EQ has studied consumption development so far and simulates some scenarios to show possible paths of recovery towards New Year.

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Norway hydro: Record high snow reservoirs, expect full reservoirs mid-July

Eylert Ellefsen
April 24, 2020

The snow- and groundwater level at the end of March was at the highest level for the last 20 years, and the water reservoir filling is also still significantly higher than the normal. We expect the hydro reservoirs to be full mid-July and, given normal weather conditions, 8-10 TWh water spilt.

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Alps hydro: A dry Easter

Eylert Ellefsen
April 24, 2020

The hydrological balance in the Alps areas dropped 9 TWh over the last 30 days, EQ's hydrology analysis shows. That translates to a 4000 MW shortfall for every hour during a 3-month summer period. The reduction in the hydro resources varied much among the four countries included (Austria, Switzerland, France and Italy).

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Falling European electricity consumption due to Coronavirus – updated numbers

Eylert Ellefsen
April 24, 2020

We now see more clearly the effect in electricity demand on these national measures to prevent or reduce further infection. Here is a selection of countries with an observable reduction in consumption.

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