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Coal Market Analysis

Global coal market intelligence built for fuel and power market decisions.

Directional coal price forecasts, daily analyst commentary, and structured global supply-demand analysis focused on key regions including Europe, China, and India.

Designed for traders, utilities, and fuel procurement teams managing global coal exposure and power generation risk.

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Global Trade Flows Drive Coal Prices

Coal prices are shaped by global trade flows, freight rates, regional demand shifts, and fuel substitution in power generation.

Stronger demand in China can tighten Atlantic supply. Changes in freight costs can open or close arbitrage routes. Gas prices influence coal burn in European power markets. These factors interact continuously and can quickly shift price direction.

Understanding these dynamics requires more than headline API2 prices. It requires structured modelling of supply, demand, freight, and fuel switching – supported by continuous market interpretation.

StormGeo’s Coal Market Analysis provides this integrated, global perspective.

Key benefits

Global perspective, focused depth

We monitor global coal markets with particular emphasis on Europe, China, and India, covering both supply developments and demand trends.

Structured directional forecasting

Our API2 price forecasts are built on fundamental modelling of supply-demand balances, trade flows, and fuel substitution – not short-term market reactions.

Analyst-led interpretation

Daily commentary explains what is driving price moves and how developments in one region affect another.

Integrated power market understanding

Coal analysis is delivered in connection with gas markets and power generation dynamics, improving visibility on substitution risk.

Global perspective, focused depth

We monitor global coal markets with particular emphasis on Europe, China, and India, covering both supply developments and demand trends.

Structured directional forecasting

Our API2 price forecasts are built on fundamental modelling of supply-demand balances, trade flows, and fuel substitution – not short-term market reactions.

Analyst-led interpretation

Daily commentary explains what is driving price moves and how developments in one region affect another.

Integrated power market understanding

Coal analysis is delivered in connection with gas markets and power generation dynamics, improving visibility on substitution risk.

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What You Get

  • Daily coal market commentary delivered via our web-based platform
  • Directional price forecasts for API2, supported by structured market analysis.
  • Data access for independent use and internal modelling.
  • Weekly analytical reports and monthly scenario-based outlooks.
  • Monitoring of global supply-demand balances across Europe, China, and India.
  • Freight cost and arbitrage trend assessment.
  • Direct access to analysts for discussion and scenario evaluation.

Schedule time with our coal market experts

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

Sigbjørn Seland

Sigbjørn Seland

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

Sigurd Lie

Sigurd Lie

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. 

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Bengt P. Longva

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. 

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Espen Zachariassen

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.

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Blazej Radomski

Principal Analyst

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Jardar Bond

Senior Data Scientist

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Else Marte Remen

Solution Sales Manager