SKM Market Predictor joins Montel

Montel is thrilled to announce the acquisition of SKM Market Predictor, a respected provider of energy market analysis and advisory services based in Trondheim, Norway. This represents the latest step on Montel’s mission to become the single source of energy market intelligence. 

Founded in 2003, SKM Market Predictor has already built a notable reputation for energy market predictions across both the Nordics and Baltic states, making it a clear and complimentary fit with Montel’s existing product portfolio. The company’s dedication to developing new services across multiple energy commodities, including gas, power and environmental markets, aligns with Montel’s wider vision, allowing both companies to share expertise and develop even better solutions for energy market actors across Europe.

Montel’s acquisition of SKM Market Predictor as an add-on to our product offering provides us with a significant upgrade in our analytical capabilities. Clients can expect a wider range of services, even deeper insights and new approaches to medium and long-term forecasting via SKM’s advanced SYSPOWER platform.

Tom Nyblin, CEO at Montel, said: “We are very excited about welcoming the SKM Market Predictor team into the group. This acquisition helps to further solidify Montel as the go-to player in the Nordics for energy data, news, and analytics. We can’t wait to get started working together to provide even more value to our combined customer base.”

Viktor Balyberdin, CEO at SKM Market Predictor added: ”Throughout our years of operation in the market, we have consistently maintained a strong collaboration with the Montel team. We are now excited to officially join them. By joining forces with Montel, we anticipate substantial growth in our current product range, as well as opportunities for new developments as part of Montel. The SKM team, across our Trondheim, Oslo, and Helsinki offices, eagerly looks forward to contributing to this accelerated growth alongside Montel.”

About SKM Market Predictor:

SKM Market Predictor is an independent and professional provider of energy market analysis and advisory services, providing the cutting-edge solution, SYSPOWER and belonging advisory services. SYSPOWER platform covers the full spectrum of power data and analysis, from intraday to long-term forecasts extending 40 years into the future.

Through a range of products and services, SKM Market Predictor delivers data and information which enables customers to optimise their decision making around energy trading, production planning, portfolio management, and system operation.

About Montel:

Montel is a leading provider of energy market intelligence, delivering real-time news, data, analytics and consultancy to clients across the global energy sector. With a history of delivering market transparency for more than 30 years, Montel empowers its clients with the knowledge and tools necessary to identify opportunities and make informed decisions in the energy market.

Contact Information for Press Enquiries:

Montel:

Simon White
Head of Communications
Simon.White@montelgroup.com
+44 7951 03 1701 

SKM Market Predictor:

Viktor Balyberdin
CEO SKM Market Predictor
viktor.balyberdin@skmenergy.com
+47 99 59 59 09.