StormGeo launches new model for spot and short-term analysis of the Central Western Europe flow-based market coupling regime

The new model is consistent with the shift away from the old system in Central Western Europe as a way to minimize cost by increasing cross border flows and better utilize generation capacity. This is an improved way of setting the flows between all five countries, ultimately impacting price formation.

“We have developed a new powerful model that integrates the flow-based regime, enabling us to make consistent forecasts for the five CWE countries several times a day and on an hourly basis,” said Bengt P. Longva, Senior Analyst at StormGeo.

Arve Dahl Nielsen, VP of Energy Markets at StormGeo, added, “Our insight into the intricacy of the power systems plays a significant role in our product development and is one of the reasons why we were able to solve the complexity of the new flow-based system.”

The new spot and short-term analysis is now available in StormGeo’s Analysis portal. Seven additional countries will be added to the system in 2020, with the Nordics joining in 2021.

About StormGeo

StormGeo is a leading technology provider enabling weather-sensitive companies to navigate 
operational challenges in dynamic environments and volatile markets. With nature and weather 
intelligence at its core, StormGeo’s technological innovations and human expertise transform 
data into actions that safeguard people, industries, and nature for a sustainable future

StormGeo Analysis, acquired by StormGeo in 2016, has been a leader in delivering analysis and price forecasts to Nordic and European power markets, renewable markets, gas & LNG, coal and dry freight markets. The client base includes energy utilities, funds, banks, shipping companies, private investors and governments.

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