Machine learning (ML) and artificial intelligence (AI) present some fascinating modeling approaches. However, even with ML and hyper-fast computing, the old saying "garbage in, garbage out" or simply GIGO holds true.
Read StoryThe 700 MW Cobra cable, connecting the Netherlands and DK1 (Jylland) is scheduled to start commercial operation on Monday. In this short blog, we investigate the effects it will have on the price formation.
Read StoryThis week we celebrate our 2nd anniversary as Energy Quantified or simply “EQ” – a Montel company. Two years on, we provide “all you need to be in power” for all price areas in Europe.
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August can become an exciting month for traders in the SEE region. Recent precipitation forecasts have remained very dry. If these continue, there will be a further reduction in hydropower production and an additional upward pressure on spot-prices in the SEE-region. This is the conclusion gleaned from EQ’s new Pan European hydro model, which will be launched soon.
Read StoryEQ's new hydrology models indicate that we enter August with large differences in hydrological balance across the Alpine area. Switzerland and Austria now have reservoir fillings of, respectively, 12% and 8% above their seasonal normal, whereas France and Italy are on their seasonal normal. High snow reservoirs and delayed melting during the spring, was followed by a heatwave end of June and start of July. This sparked melting, which in turn led to high inflow levels and ultimately rapidly increasing hydro reservoir levels in Switzerland and Austria.
Read StoryAs rising river temperatures may affect the output at thermal power plants due to cooling water restrictions, we invite you to suggest a river location for which we can provide forecasts and historical data.
Read StoryOf course not! However, during the last seven days of June 3,5 TWh worth of hydropower resources simply vanished in thin air in the CWE area. That is what our new model for energy precipitation in Germany, France, Austria, Switzerland and Italy, tells us.
Read StoryAs part of our ongoing hydrology project, EQ now provides energy precipitation forecasts, seasonal norms and historical data for countries in South-East Europe, covering around 50 TWh of annual hydropower production – or nearly 30% of total power supply in the region.
Read StoryHow do REMIT messages stack up? Energy Quantified (EQ) now provides quantified REMIT and UMM messages for all your areas. A notoriously complicated, but important data feed is boiled down to easy-to-handle numeric time series.
Read StoryWe are pleased to announce that Eylert Ellefsen joins Energy Quantified (EQ) as a senior analyst. Many will recognise Eylert as the person who pioneered the development of hydro models in Europe.
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