BOULDER, Colorado: Ascend Analytics expands its market intelligence into European markets with the release of its Netherlands Market Forecast and Report. This forecast supports developers and financiers expanding into the Netherlands with an in-depth analysis of the power market and an outlook of the region’s changing grid conditions.  

The Netherlands historically operated as one of the primary natural gas producers in Europe, mainly due to its resource abundance in the Groningen gas field. But now with Groningen's October 2023 closure, energy price spikes from 2022, and ambitious national and EU climate policies, the Netherlands must increasingly turn to flexible generation resources for energy and reliability. Solar generation and offshore wind present emerging opportunities for storage, but transmission congestion and fees challenge the ability to connect new generation and demand capacity.

Topics Covered Include:  

An introduction to the structure of and key actors in the Netherlands’ power market, with an analysis of current and future market structures made in comparison to the U.S. market.  

• An outlook on how revenue streams available to batteries will change considering offshore wind and solar development, gas closures, the region’s ambitious climate policies, and grid congestion and fees.

• Comprehensive analysis of how European market dynamics can impact the Netherlands and how the Netherlands’ energy market interacts with surrounding countries, including Belgium, Germany, and United Kingdom.  

AscendMI™ (Ascend Market Intelligence) delivers proprietary power market forecasts that reflect the new market dynamics driving the energy transition. AscendMI™ provides 20+ year forecasts for day-ahead and real-time power prices for major trading hubs, ancillary services prices, capacity prices, and REC prices as well as nodal basis forecasts for every major market in the United States. AscendMI’s US forecasts also integrate into Ascend’s BatterySIMM and PowerSIMM platforms, enabling users to incorporate dynamic market forecasting in their energy portfolio decision-making process. AscendMI’s European forecasts are currently report-only offerings.

About Ascend Analytics  

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Ascend Analytics is the leading provider of market intelligence and analytics solutions for the energy supply. The company’s offerings enable decision makers in power supply, procurement, and investment markets to plan, operate, monetize, and manage risk across any energy asset portfolio. From real-time to 30-year horizons, their forecasts and insights are at the foundation of over $50 billion in project financing assessments. Ascend provides energy market stakeholders with the clarity and confidence to successfully navigate the rapidly shifting energy landscape.