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Short- and medium-term market intelligence built for the Nordic power system.
Weather- and hydrology-driven price forecasts across all Nordic price areas, supported by proprietary modelling and direct access to experienced analysts.
Designed for traders, portfolio managers, producers, and risk teams who operate in a reservoir-based market where weather truly drives prices.
The Nordic power market is uniquely shaped by reservoir levels, snow accumulation, inflow, and cross-border flows. Small shifts in hydrology or temperature can materially impact system and area prices – especially in a region where water availability directly influences marginal production and price formation.
To act with confidence, you need more than generic price curves. You need analysis that reflects how the Nordic system actually behaves – and experts who help you interpret what matters most.
StormGeo’s Nordic Power Market Analysis is developed specifically for this complexity, delivering structured system and area price forecasts, hydrology-driven insight, and ongoing analyst interpretation to support daily trading, planning, and risk decisions.
Key benefits
Hydrology directly influences Nordic power prices. StormGeo’s expertise in reservoir dynamics, inflow modelling, and snow development is deeply embedded in our forecasting framework.
Our Nordic models are built and maintained in-house. We understand every assumption and interaction in the model, allowing us to refine forecasts continuously and explain results clearly – with no black boxes.
Model outputs are actively monitored and interpreted by experienced analysts. Clients gain direct access to ongoing dialogue and scenario discussions – not just automated forecasts.
StormGeo does not trade or take positions in the market. Our analysis is fully independent and solely focused on supporting client decisions.
Our Latest Nordic Power Market Insights
How will hyperscale AI infrastructure reshape electricity demand and price formation across the Nordics? Our latest market analysis explores how explosive data center growth and rapid efficiency gains could redefine long-term supply-demand balance and price trajectories through 2050.
StormGeo’s latest long-term analysis shows green hydrogen remains economically challenged, leading to a significant downward revision in Nordic electricity demand projections through 2050.
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.
Senior Analyst
Pål Svendsen holds a Master of Science in Civil Engineering from NTNU Trondheim. He previously worked as a project engineer and project manager at Vattenfall Power Consultant and SWECO. Pål is an expert in Nordic and European energy markets, specializing in developing modeling tools to simulate hydrological balance, as well as power and natural gas market dynamics.
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
Błażej Radomski is a Principal Quantitative Analyst specializing in European energy markets. With nearly 20 years of experience in power modeling, he has a strong track record of turning complex data into actionable insights. He previously held roles at Wood Mackenzie, Volue, and Markedskraft, where he led analysis for the German market. His expertise spans short-term price forecasting, intraday market dynamics, and fundamental modelling.
Senior Data Scientist
Jardar Bond is a quantitative analytics expert at StormGeo specializing in energy market modelling, machine learning, and data-driven decision systems. With a background in statistics and financial mathematics, he has extensive experience developing analytical platforms and predictive models for the energy sector. Prior to joining StormGeo, Jardar held senior roles at Volue, including Head of Quantitative Analysis and Application Architect for AI & Data, where he led initiatives in advanced modelling and analytics architecture. Earlier in his career, he worked as a power market analyst at Thomson Reuters Point Carbon covering European electricity markets, and as a data scientist consultant delivering analytics solutions to TSOs, DSOs and power producers.
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