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Welcome to the blog

Hugo Birkelund
Archived blog post. This blog post has been transferred from our previous blogging platform. Links and images may not work as intended.

Welcome to Energy Quantified's blog. By now 7 very busy weeks have passed since we started out on the 1st of September 2017. We thought it was time to shed some light on how things are developing.

But first, an invitation

I invite you to share your experience and expectations on a perfect service. What should we include? What is poorly covered today? Features you miss. Not every possible wish can be accommodated. However, making your voice heard, you will make a difference, and potentially guide EQ closer to what you would prefer.

Progress

Compared to our expectations the projects have moved on much better than we planned for. In short, we have made a remarkable progress.

That said, we started out with unpacking our computers and plugging in our screens. And then you need Internet, WiFi etc.

Montel, our investor, has proved a fantastic office-haven. Lots of amazingly talented people and a relaxed working environment. A big thank to our new office colleagues at Montel.

The first steps

Starting out a new platform entail setting up a lot. The good thing is that we have no technical legacy, and hence can freely employ the best available technology and practices in all steps. Further, and as planned, a whole array of advanced new tools and support systems has developed since last time we did this. This makes it simpler, more efficient and also secures you better functionality in the end product.

So where are we now?

A large chunk of the needed infrastructure is up and running. The scheduling engine is coming along as I write this. Model-wise we aim to be better, or at worst, on par with the system we know from past experience. Ensuring this we have e.g. maxed out available stations for consumption. The preliminary testing of some few fundamentals models is outperforming anything we previously know. Things are looking good! But still a lot of work before we can put anything of this in production and testing for customers.

Layout and scope

We have also started to tune the layout and scope of the service. Meaning, the concrete content and layout of the reports you will see. For obvious reasons, I have to refrain from revealing details in this here.

However, we have started to interviewing users on what they would like to have covered and desired features. As indicated initially please drop me a line if you have input for us. Please also indicate if it is ok for me to get back to you for a 10-15 minutes phone chat on this.

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After a dry 1st half of the year, precipitation ups hydropower output in the SEE/Balkan region

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Overall hydropower production in the SEE region has until week 24 been at about 70% of normal, but a recent surge in precipitation has improved inflows in the region, where hydropower represents 20%-25% of overall power supply.

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Reviewing the German power market 2018-2020 using EQ data

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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

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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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