The value of energy market intelligence: 
EnergyMarketPrice and EPEX SPOT

Electricity prices saw significant fluctuation last year, dipping in and out of the red across Europe largely as a result of an entirely unpredicted and uniquely devastating combination of the Covid-19 global lockdown and a surge in renewables.

Spot market or day ahead pricing, the rate used to purchase electricity wholesale, has been particularly vulnerable to the changes we’ve seen recently in supply and demand. But for energy traders – those who buy and sell energy for a living – a flow of accurate market pricing data is an indispensable tool of the trade. Until now however, sourcing and integrating multiple streams of comprehensive pricing data, particularly cross-border, has been a huge challenge.

In this issue of our ‘On the Marketplace’ blog, we’re taking a closer look at two companies who are leading the way in market intelligence, particularly spot market pricing, and who have recognised the potential in making their data readily available through the re.alto marketplace.

EnergyMarketPrice (EMP) is a global energy and commodity market intelligence provider with a focus on digitising the energy market landscape. It is an arm of the Market Intelligence Group, based in Switzerland and founded by two energy industry veterans on a mission to provide innovative content technology solutions.

 

Demonstrating the sheer depth and breadth of available energy data, the EMP portal manages and offers more than 10,000 digital products and more than 20 million data points from across the energy market, updated daily. The datasets include information on market activity, such as spot and forward prices, and end of day settlement and historical pricing for all the major energy commodities. Advanced data analytics tools generate targeted insight, while a range of innovative technology solutions lead the way in digitising energy procurement and energy risk software.

 

Stéphane Querinjean, Managing Director at EMP, said: “re.alto gives us the opportunity to open up new horizons and digitally access a new market.”

 

The European Power Exchange EPEX SPOT, headquartered in Paris, is the leading exchange for the European power spot markets and is part of EEX Group, a group of specialised companies providing market platforms for energy and commodity products across the globe.

 

EPEX SPOT publishes spot market prices resulting from the trades carried out on its power markets. This reference price acts as the benchmark for wholesale prices across Europe and is vital in ensuring competitive prices for the end consumer.

 

Pricing data from both EMP and EPEX SPOT is available in API format on the re.alto marketplace as the companies recognise the commercial benefit of data as a valuable revenue stream.

 

If spot market pricing is your thing, we can help you subscribe to the APIs on the re.alto marketplace in a straightforward digital process. Discover the re.alto API Marketplave www.portal.realto.io or drop us a line.

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