Updates and insights

Turkey's path to a green transition is not likely to be an easy one, given the country's high dependency on imported fossil fuels. But Europe's eastern neighbour is starting to take significant steps towards greening its economy. Nazli Naseh from Montel-Foreks discussed the country's progress, and the challenges ahead, on last week's Montel Weekly Podcast. We highlight the key points below.

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.

After a summer of volatile and high prices for the Nordic region, we take a look under the hood of Montel AI's Spot price forecasts. With the help of data scientist Tobias Foslid, we analyse where the model performed well, where it performed badly, and how it learnt from its mistakes.

Ahead of our annual Austrian Energy Day, co-hosted with EXAA, we take a look at the programme for Thursday's free webinar. On the agenda: ambitious renewable and carbon targets, price evolution to 2050 and convergence with neighbouring markets.

We spoke to Swedish municipal utility Öresundskraft to learn more about why they've partnered with Bright to help deliver real carbon neutrality for their customers,why municipalities are driving innovation in the Swedish energy sector, and hear their vision for the future of energy consumption.

Since 2001, Montel and the Swedish Meteorological and Hydrological Institute (SMHI) have worked in partnership to provide tailored weather forecasting services for interested parties within the European power industry. Read on to see how our two businesses have spent the past 20 years innovating together.

Energy Quantified's resident hydrologist Eylert Ellefsen tells us more about what's behind the high prices currently being experienced in the Nordic region - and whether they're here to stay.

A new report from energy think-tank Ember shows that an important milestone has been reached; but that the EU still has a long way to go in order to hit ambitious renewables targets.

We speak to Snjólfur Richard Sverrisson, Montel News’ Editor-in-Chief, about the importance of objectivity and holding companies to account, cutting through the greenwash of the energy transition and the challenges of reporting under COVID-19.

Montel’s annual Nordic Energy Day takes place this Thursday 26th August, in virtual format once again. Ahead of the free to attend webinar, we take a look at some the key subjects to be discussed, with the help of our presenters from Volue Insight, Vertis Environmental Finance and Thema Consulting Group.  

We spoke to Tom Hovik, Head of Technical Analysis at Montel Group, to hear why one of the oldest financial practices - Technical Analysis - has never been more important for understanding and anticipating movements in today's energy markets.

As power prices across Europe hover around EUR 100/MWh, we take a look at the factors driving the current bull run and what this means for the power generation mix.

As the free trial period for Montel Online's Energy Transition Weekly ends this month, we spoke to editor and reporter Laurence Walker about putting together the newsletter, the continuing importance of fuels during the transition phase, the future for hydrogen and why intermittency is still the biggest challenge for renewable energy.

With the IPCC publishing a stark reminder of the climate issues we all face today, we take a look into the major headlines from their latest report as the world seeks to reach net-zero emissions by 2050.

Power production from renewable sources has never been a simple business. Trying to account for weather conditions or seasonal water levels means that there are always multiple challenges standing in the way of getting the most value out of your project. This blogpost explains how Montel AI uses technology to make power outputs more predictable.

IEA becomes the latest global actor to warn that for a truly green recovery, actions need to match up to ambitious rhetoric.

Following the unprecedented flooding taking place across Europe during Mid-July, Energy Quantified by Montel's Senior Analyst, Eylert Ellefsen assesses the hydrology impacts on Central Western Europe.

Editor-in-Chief at Montel Energetika.NET, Tanja Srnovršnik explains how subscribers gain value from the platform’s energy news updates in the Balkan region, with a little help from some of our readers!

The Fit for 55 package launched by the EU Commission shows how the bloc intends to reach its 2030 emissions targets. At the centre are market-based instruments and robust targets. We explain how Montel Group can help you follow the legislative process and prepare for the future.

With energy data across Europe being difficult to source, building models to predict market movements can prove tricky. CEO of Energy Quantified by Montel, Hugo Birkelund, tells us how EQ has overcome this problem, providing fundamental forecasts and standardised data across European energy markets.

Co-founder of price[it], Marc Hasenbeck, tells us why they’ve spent 16 years trying to make futures markets easier to read.  

Following a recent IEA report on the need for substantial investment in both new and existing hydropower generation, Director of Communications, Morten Munkejord takes a look at how hydropower is made more profitable through the use of Artificial Intelligence.

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 by Montel presents a comparison of the German power balance between Q2-2019 and Q2-2021.

As the results of climate change continue to affect global markets, our MD Americas, Andrés Cala takes a look at how droughts are playing their part in changing the outlook for hydro power in South America:

With increasing numbers of countries committing to playing their role in the green transition and setting decarbonisation targets, Tanja Srnovrsnik, Editor-in-Chief at Energetika.NET, discusses the news portal covering market developments in the Balkans.

To celebrate the launch of our new website, we take you through Montel's first 30-something years; from our origins installing satellite dishes on the rooftops of trading houses – all the way to creating the Montel Group you see today.

As power producers seem set for greater levels of investment as part of the global green recovery from the COVID-19 pandemic, Sigfred Sørensen, Software Developer for Montel AI takes a look into one technology underpinning progress in the sector and how new technologies are reducing costs for these generators.

Camilla and David Forsberg, of smart energy tracking app Bright talk us through the future of energy and why being able to control your consumption from your phone will be key.

As a key geographical area capable of affecting energy markets in an instant, Nazli Naseh, Editor at Montel-Foreks takes a deeper look at the news coverage provided by the service across Turkey and South Eastern Europe.