Independent carbon market intelligence built for EU ETS exposure.
Structured analysis of EU emissions markets, substitution dynamics, and sector-level emissions trends – delivered through daily and weekly reports and supported by direct analyst access.
Designed for traders, utilities, industrial emitters, and portfolio managers navigating volatility in carbon-linked fuel and power markets.

Carbon prices are influenced by regulatory decisions, fuel switching between coal and gas, industrial production levels, and weather-driven power generation.
Higher gas prices can increase coal burn and carbon demand. Strong wind output can reduce fossil generation and soften EUA prices. Policy announcements can shift expectations for future allowance supply. These drivers interact continuously and can quickly change market direction.
Understanding carbon markets requires more than historical emissions data. It requires structured modelling of substitution effects, sector-level demand, and policy developments, supported by ongoing market interpretation.
StormGeo’s Carbon Market Analysis provides this integrated view.
Key benefits
We quantify how shifts between coal and gas generation affect carbon demand and price development.
We track historical emissions by sector and country and forecast future emissions using the same structured framework.
Carbon demand is analysed alongside weather developments and fuel price movements to capture short-term market drivers.
Daily and weekly commentary explains price movements and clarifies how policy, fuel, and industrial changes affect the market.

Speak directly with our team to discuss your market exposure, current challenges, and how our analysis can support your decisions.

Chief Analyst
Sigbjørn Seland, Chief Analyst at StormGeo Energy Market Analysis, holds a Master of Science in Finance from NHH Bergen and the University of Mannheim, Germany. A former trader at Drammen Kraft AS, he is an expert in Nordic and European energy markets, with a focus on power and gas dynamics, energy trading, and the impact of weather on renewables. Sigbjørn Seland's insights have been featured in several prominent publications, including Energi24, Energibransjen, and Dagens Næringsliv.

Senior Analyst
Sigurd Lie is an accomplished energy market analyst at StormGeo, specializing in European power markets, coal dynamics, and the EU Emissions Trading System (ETS). With 26 years of experience in the energy sector, he focuses on evaluating market trends, price developments, and the implications of regulatory changes. Sigurd's insights are valuable to industry stakeholders navigating the complexities of energy transition. He has been occasionally quoted in publications such as Montel and Bloomberg, contributing to discussions on key topics impacting the European energy landscape.

Senior Analyst
Bengt Longva is a seasoned energy market analyst at StormGeo, specializing in European power market forecasting and analysis. Since joining StormGeo (Nena) in 1998, he has provided expert insights into market trends, pricing dynamics, and regulatory changes. With prior experience as a portfolio manager at Drammen Kraft and a research assistant at the Centre for Applied Research at NHH, Bengt’s expertise is frequently featured in Montel, Bloomberg, Europower, and various newspapers.

Managing Director Energy Analytics/SVP
Espen Zachariassen is an energy analytics industry expert with a strong track record of building data-driven market intelligence platforms. He was a founder of Wattsight, a leading energy data and analytics service acquired by Volue in 2020, after starting his career at Markedskraft. Most recently, he led Arendals Fossekompani’s corporate venture company, Alytic, where he developed advanced global analytics platforms for the seafood and carbon markets. In January 2026, he joins StormGeo as SVP Energy Analytics, bringing deep market insight and a strong focus on innovation, AI, and European energy market growth.

Principal Analyst

Senior Data Scientist

Solution Sales Manager