Ascend Analytics Enhances Market Intelligence in Energy Transition for the UK and Netherlands

Ascend Analytics Expands Energy Transition Capabilities

Ascend Analytics, a leader in market intelligence for the energy transition, has announced an exciting expansion of its services in Great Britain and the Netherlands. This move is in response to the increasing demand for insights into emerging market dynamics that affect project development, resource acquisition, and investment opportunities in these vital European markets.

New Offerings and Reports

Recently, Ascend launched its enhanced Market Intelligence solution, known as AscendMI™, which provides strategic investment guidance and proprietary power market forecasts. These tools are designed to help developers, utilities, and investors navigate the complexities of the energy landscape.

As part of this enhancement, Ascend released comprehensive reports detailing market conditions in both Great Britain and the Netherlands. These reports cover various critical factors, such as day-ahead and intraday prices, ancillary services, and investment strategies, all supported by Ascend’s innovative forecasting framework that accounts for opportunity costs.

According to Kevin Kershisnik from Vision Ridge Partners, a firm that seeks to invest in clean energy globally, this collaboration with Ascend has proven beneficial in understanding the evolving energy landscape. The insights provided by Ascend have empowered Vision Ridge to evaluate risks and seize opportunities in the storage markets of both regions more confidently.

Upcoming Webinar

To further share its expertise, Ascend Analytics will host a webinar titled “Netherlands and Great Britain Market Outlook: An Exercise in Trust” on December 12, 2024. This event will provide further insights into the shifting market fundamentals affecting the power markets in the UK and Netherlands. Key topics will include the differences between European market structures and those in the US, alongside an analysis of how policy commitments in these countries are driving the demand for clean energy.

As the energy transition accelerates, it is crucial for stakeholders to remain informed of market trends. Ascend’s webinar promises to shed light on significant dynamics, such as how the retirement of coal generation combined with the rise of renewables and storage will influence market operations.

Significance of Market Dynamics

Brent Nelson, Managing Director of Markets and Strategy at Ascend Analytics, emphasized the need for investors to navigate the intricate global landscape of the energy market with precision. Diverse geographical factors, including weather patterns, policy frameworks, and local supply mixes, contribute to an ever-evolving challenge for market participants. As such, Ascend's comprehensive insights are invaluable for fostering strategic investments in energy.

In recent years, solar generation in the EU has increased significantly, leading to a complex price dynamic often referred to as the 'duck curve.' This phenomenon highlights the increased need for energy storage solutions to manage supply variations and ensure reliability in energy delivery.

Ascend’s analytics and forecasts have been instrumental in informing decisions worth over $50 billion in project financing. As the company continues to enhance its offerings in energy market intelligence, stakeholders can expect clearer insights and more strategic guidance in managing the challenges of energy transition.

Through these advancements, Ascend Analytics is redefining how energy investors interact with market opportunities, reinforcing its position as a vital partner in the journey towards a sustainable energy future. As the world collectively moves toward sustainable energy practices, Ascend remains committed to providing the intelligence needed to make informed, impactful investment decisions across Europe and beyond.