Montel Group
Montel Group is a Norwegian energy intelligence provider serving European energy professionals (traders, analysts, utilities, exchanges) with real-time market data, analytics, forecasting, and news across power, gas, carbon, and commodities via subscription platforms and advisory services.
- Company typePrivate
- Founded1993
- HeadquartersOslo, Norway
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Montel Group does
Montel Group is a Norwegian energy intelligence provider headquartered in Oslo that has operated in European energy markets for over 30 years, serving traders, analysts, portfolio managers, procurement managers, power producers, and consultants across utilities, exchanges, TSOs, and energy-intensive corporates. Its commercial customer base includes E.ON, Uniper, Centrica, Fortum, Norsk Hydro, Swissgrid, TenneT, EPEX Spot, Nord Pool, and Danske Commodities, indicating penetration across the European energy value chain.
The company operates a platform-plus-modules architecture built on four specialized platforms — Montel Markets (real-time prices and news), EnAppSys (intraday trading), Energy Quantified (cleaned and forecasted European power data), and Syspower (high-resolution short-term forecasts with 40-year scenario modeling) — all brought together under the unified Montel brand since The Riverside Company's investment and add-on acquisitions in 2024 (Energy Brainpool, Qwatt) and earlier (EnAppSys, 2023). The technology stack covers 30+ years of historical price and fundamentals data across power, gas, carbon, and commodities across 14+ European gas hubs, with delivery through Web API, Excel Feeder, and Python integrations, plus specialized tools including Qwatt (PPA benchmarking), Price[it] (hedging and forward curves), and Montel Match (a marketplace for Guarantees of Origin). A multi-language newsroom delivers reporting in 11 languages.
Revenue is generated primarily through enterprise subscriptions to platforms and data feeds, supplemented by professional advisory and consulting services (including the integrated Energy Brainpool consultancy), event and training revenue through Montel Academy (conferences, courses, webinars anchored by the Nordic Energy Day flagship), and marketplace transactions. Go-to-market combines enterprise inside-sales with product-led free-trial onboarding, and is heavily supported by event-driven community engagement across European energy professionals.
Montel Group firmographics
Firmographics- Name
- Montel Group
- Legal name
- Montel Group
- Website
- https://montelgroup.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Montel Group is a Norwegian energy intelligence provider serving European energy professionals (traders, analysts, utilities, exchanges) with real-time market data, analytics, forecasting, and news across power, gas, carbon, and commodities via subscription platforms and advisory services.
- Ownership category
- akta.pro rank
Montel Group industry classification
Industry- Product category
- Energy Market Intelligence
- NAICS
- Software Publishers (513210)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Grid Analytics, Forecasting & Decision Support (Load/DER/Outage) (EUADAEAI)
- akta.pro secondary industry
- Dashboarding & KPI/Performance Management (HDAEAMAF)
Keywords
Where Montel Group is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Montel Group business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Subscription-based Platform Access: Access to Montel Markets, EnAppSys, Energy Quantified, and SysPower platforms via subscription. Multiple platform tiers with different capabilities. Enterprise customers likely have custom contracts.
- Data and Market Intelligence Services: Real-time data feeds, historical data (30+ years), forecasts across power, gas, carbon, and commodities. Data delivered via API, Excel, or direct platform access.
- Advisory and Consulting Services: Expert advisory services including project valuation, trading strategy, and procurement services. Provided by team of experienced advisors.
- Events and Training: Revenue from conferences, courses, and webinars through Montel Academy. Nordic Energy Day and other in-person/online events.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free Trial - 14 day access to Montel services |
| Subscription | Annual | Enterprise/Professional Plans |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Montel Group product offering
Product offeringCore offering
Montel Group operates an energy intelligence ecosystem providing real-time prices, news, historical data (30+ years), and forecasting across European power, gas, carbon, and commodity markets. Its offerings are delivered through specialized subscription platforms (Montel Markets, EnAppSys, Energy Quantified, Syspower) supplemented by advisory consulting, a Guarantees of Origin marketplace (Montel Match), PPA benchmarking tools (Qwatt), risk hedging tools (Price[it]), and training via Montel Academy.
Product overview
Montel Group operates as a unified energy intelligence ecosystem delivering products through a platform-plus-modules architecture. The core portfolio consists of four specialized platforms: Montel Markets (real-time prices/news), Montel EnAppSys (intraday trading), Montel Energy Quantified (data aggregation), and Montel Syspower (forecasting). These are supported by four core service modules: Analytics (forecasting across all timeframes), Data (30+ years of power, gas, carbon, commodities), News (real-time European energy reporting in 11 languages), and Risk (valuation and exposure management). Montel also offers specialized tools including Qwatt (PPA benchmarking), Price[it] (hedging), Montel Match (GO trading marketplace), and delivery mechanisms via Web API and Excel Feeder. The company has expanded through acquisitions including Energy Brainpool (consultancy), EnAppSys, Energy Quantified, and SysPower, integrating these brands into the ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- Montel Markets: Real-time prices and news platform for smarter energy decisions
- Montel EnAppSys
- Montel Energy Quantified
- Montel Syspower
- Montel Match
- Qwatt
Products and services
- Montel Markets Real-time prices and news platform for energy market decisions. Provides live market data, news feeds, and analytics for energy traders and professionals across European energy markets.
- Montel EnAppSys Europe's trusted platform for intraday trading decisions, focusing on short-term energy market analytics and trading support for energy professionals.
- Montel Energy Quantified All-in-one energy market data platform delivering cleaned, forecasted data through Excel, API, and Python integrations for European power market participants.
- Montel Syspower High-resolution short-term forecasts and 40-year market scenarios platform for trading, planning, and investment precision across European power markets.
- Montel News Europe's energy market newswire providing real-time energy market intelligence from experienced journalists, custom newsletters, daily briefings in 11 languages, and exclusive analysis.
- Montel Match Open and publicly accessible marketplace platform for trading Guarantees of Origin (GOs) in the renewable energy certificate market.
- Qwatt PPA benchmarking tool that estimates daily market value of Power Purchase Agreements based on different structures, areas, and durations for renewable energy procurement.
- Price[it] Energy risk hedging tool providing Price Forward Curves (PFCs), Spot forecasts, simulations, and asset valuations for maximizing profitability in energy markets.
- Advisory Services Expert advisory services covering project valuation and optimization, trading strategy, and procurement services delivered by experienced energy market advisors.
- Montel Academy Educational platform offering conferences (including Nordic Energy Day), courses, webinars, and expert insights for professional development in energy markets.
- Energy Brainpool Energy consultancy and analytics services acquired by Montel in January 2024, integrating consulting capabilities into Montel's service offerings for European energy market participants.
Quantifiable outcome
- News and reporting delivered in 11 languages
- +3 more outcomes
Companies that use Montel Group
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles4 records
Montel Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature8 records
Montel Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Energy BrainpoolcoreMontel acquired Energy Brainpool, a consultancy with which it had collaborated for over 20 years. The acquisition integrates Energy Brainpool's consulting capabilities into Montel's service offerings, benefiting both customers and staff through enhanced analytics and market intelligence.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Montel Group competitors and assessment
Company assessmentDirect peers
- Argus Media: Independent energy and commodity price reporting agency offering market intelligence, benchmarks and analytics across power, gas, coal, carbon and renewables — the closest direct competitor to Montel's data, news and pricing franchises.
- ICIS: Independent commodity intelligence service providing pricing, news, analytics and forecasting across energy, petrochemicals and fertilizers — directly comparable to Montel's combination of data, news and analytics for European energy markets.
- Wood Mackenzie: Global energy research and consultancy covering upstream, power, renewables and transition themes. Comparable to Montel in delivering deep market intelligence and forecasting to energy professionals, with a heavier consulting tilt.
- Rystad Energy: Independent energy research house offering data, analytics and insights across global oil, gas, power and renewables markets. Closely comparable subscription-based intelligence model to Montel's.
Broad incumbents
- S&P Global Commodity Insights (Platts): Platts is the global benchmark for commodity price assessments including power, gas, coal and carbon. As part of S&P Global it has materially larger distribution, broader coverage and stronger enterprise commercial muscle than Montel.
- BloombergNEF: Bloomberg's energy research arm covering power, renewables, mobility, commodities and digital industry. Broad incumbent with terminal-native distribution that overlaps Montel's forecasting and transition research for institutional energy buyers.
- LSEG (Refinitiv): Financial-market data infrastructure (formerly Refinitiv) providing commodities, energy and environmental data feeds integrated with trading workflows. Comparable to Montel on energy data delivery via terminal/API for institutional desks.
Emerging players
- Vortexa: Real-time global energy and freight data analytics platform with strong focus on oil, gas and refined products. Comparable emerging data-and-analytics competitor with overlapping ambition in European energy.
- LevelTen Energy: PPA marketplace and renewable energy deal intelligence platform. Directly comparable to Montel's Qwatt PPA benchmarking tool and Montel Match GO marketplace in the renewable procurement intelligence segment.
- Enverid: Energy and environmental intelligence provider with European market coverage. Comparable emerging player in energy and carbon data services that intersects with Montel's carbon/environmental data franchise.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Montel Group social profiles
Digital presenceMontel Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Montel Group leadership team
Management profileNumber of profiles
Profiles1 record
Montel Group subsidiaries and ownership
Company hierarchySubsidiaries5 records
Montel Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Montel Group M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Montel Group
What does Montel Group do?
Montel Group operates an energy intelligence ecosystem providing real-time prices, news, historical data (30+ years), and forecasting across European power, gas, carbon, and commodity markets. Its offerings are delivered through specialized subscription platforms (Montel Markets, EnAppSys, Energy Quantified, Syspower) supplemented by advisory consulting, a Guarantees of Origin marketplace (Montel Match), PPA benchmarking tools (Qwatt), risk hedging tools (Price[it]), and training via Montel Academy.
Is Montel Group a public or private company?
Montel Group is a private company. It is classified as private equity controlled and is currently operating.
When was Montel Group founded?
Montel Group was founded in 1993. It employs 101 to 250 people.
Where is Montel Group based?
Montel Group is headquartered in Oslo, Norway, in the Europe region.
How does Montel Group make money?
Four revenue lines are on record. Subscription-based Platform Access are the primary driver. The others are data and Market Intelligence Services, advisory and Consulting Services and events and Training.
Who are Montel Group's main competitors?
Direct peers on record are Argus Media, ICIS, Wood Mackenzie and Rystad Energy. Broad incumbents are S&P Global Commodity Insights (Platts), BloombergNEF and LSEG (Refinitiv). Emerging players are Vortexa, LevelTen Energy and Enverid.
Does Montel Group have an API?
Yes. Montel Web API allows users to view and download data through an API interface. The API enables programmatic access to Montel's energy market data including prices, forecasts, and market fundamentals. Access to data and help documentation is available through the support portal. Developer documentation is at support.montel.energy/montel-web-api.
What industry is Montel Group in?
Montel Group's product category is Energy Market Intelligence. Its primary akta.pro industry code is EUADAEAI, Grid Analytics, Forecasting & Decision Support (Load/DER/Outage), with a secondary code of HDAEAMAF, Dashboarding & KPI/Performance Management. Its NAICS code is 513210 and its SIC code is 7370.