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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.

More from the Blog

French market Q1 - a perfect storm?

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Since the start of November, the French power balance has been limited due to low nuclear availability. Given how strongly France is now connected to the GB market, we have seen spot prices close to 300 €/MWh - about 50 €/MWh higher than the German market. As the market continues to be dominated by strong gas and CO2 prices, the French Forward prices for January and February are significantly higher than the latest spot prices, indicating a high positive risk premium in a strained power market. In this blog, EQ takes a closer look into the fundamental power balance numbers for France in Q1-2022, focusing on the outlook for nuclear generation and consumption uncertainty.

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German fuelswitching reversed by the extreme gas prices

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Germany has already begun its coal-exit plans, which started by closing down 4.8 GWs of hard coal by 31.12.2020. The aim is to close all coal-fired units in Germany by 2038, helping to reduce CO2 emissions and fulfill wider EU decarbonisation targets.

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Norway-South is lacking 2000 MW production capacity to cover the border capacities towards both UK and Germany

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Back on September 17th, we posted a blog focusing on the very low hydro reservoir levels in the Norway-South area at the time, alongside the impacts of strong demand for increased imports – required to cover both consumption and demands for exports on the new UK interconnector. In this blog, EQ will look closer at recent development and the outlook for the winter in Norway-South.

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