Ascend Analytics Enhances Energy Transition Market Intelligence in Great Utility Dive
Ascend Analytics is broadening its horizons, now offering market intelligence and analytics solutions for clients invested in Great Britain and the Netherlands. The expansion comes in response to the increasing demand for insights into the shifting market dynamics, project development, resource acquisition, and energy market opportunities in these European regions.
In collaboration with Vision Ridge Partners, Ascend Analytics aims to provide strategic guidance on battery storage opportunities in the renewable energy sector. Kevin Kershisnik, Principal at Vision Ridge Partners, commended Ascend for helping them grasp the evolving energy transition market dynamics, allowing for more informed assessments of the risks and opportunities in Britain and the Netherlands’ storage markets.
Ascend recently introduced its Great Britain Market Report and its Netherlands Market Report, offering in-depth analyses of day-ahead and intraday prices, capacity prices, and investment strategy. These reports are based on Ascend’s modern forecasting framework that considers opportunity costs.
To further explore these markets, Ascend will host a webinar titled “Netherlands and Great Britain Market Outlook: An Exercise in Trust” on December 12th. The webinar will delve into various topics, including the differences between European and US market structures, policy commitments driving clean energy demand, and the evolving landscape of energy market dynamics in both countries.
Solar generation in the EU has seen substantial growth in recent years, leading to changing price dynamics and an increased need for storage solutions to manage supply variations. As Brent Nelson, Managing Director of Markets and Strategy at Ascend Analytics, notes, the energy transition is a global phenomenon that presents diverse opportunities for power market participants, especially in countries with unique market structures and policy landscapes.
The collaboration between Ascend Analytics and Vision Ridge Partners reflects a shared commitment to navigating the complexities of the energy transition market and making strategic investments that align with global sustainability goals.