Changes to the market require a complete rethink
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
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
