European power trading innovation: Old dogs learn new tricks

The founders of Energy Quantified by Montel have built analysis models before. But this time they have torn up the rulebook

This is not the first rodeo for Hugo Birkelund. His team over the past 20 years has built power market forecasting capabilities first for brokerage Natsource—which evolved into the power element of the Point Carbon analysis service—and then the platform MKOnline for Norwegian market information provider Markedskraft, now renamed Volue Insight. But, as he tells Petroleum Economist, changes in the market have meant that, as, part of Norway’s Montel power market news and analysis provider, it is not a case of replicating previous experiences but completely rethinking the approach. Energy Quantified CEO Hugo Birkelund What has been differen