NENA AS
NENA AS (StormGeo Energy Analytics) is a Norway-based subsidiary providing subscription-based power, weather, hydrology, coal, and carbon market analytics with proprietary in-house models and analyst-led dialogue, serving European energy traders, utilities, investors, and grid operators.
- Company typePrivate
- Founded1997
- HeadquartersLysaker, Norway
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What NENA AS does
NENA AS (operating commercially as StormGeo Energy Analytics, formerly 'Nena') is a Norway-based private subsidiary of StormGeo that provides subscription-based energy market analytics for European power markets. Founded in 1997 and headquartered in Oslo (with the corporate address at Universitetsgata 8, 0164 Oslo; firmographic listing in Lysaker), the firm serves energy traders, utilities/producers, energy investors/advisors, and TSOs/DSOs through six integrated products: Nordic Power Market Analysis, European Power Market Analysis, Weather Intelligence for Energy Markets, Coal Market Analysis, Carbon Market Analysis, and Long-term Market Outlooks (including the 'Future of Power - Market Outlook 2050'). Core technology consists of proprietary market, weather, and hydrology models developed and maintained in-house, with 25+ years of continuous benchmarking against real European market outcomes and continuous meteorologist/analyst interpretation to translate weather and hydrology into decision-relevant market insight.
The business model is enterprise subscription-based recurring revenue, distributed via direct enterprise field sales, 'Book a demo' conversion, gated client portals (Vortex, s-Insight, Energy Analytics), and an e-learning platform. Pricing is not publicly disclosed. Go-to-market relies on analyst-led direct dialogue with experienced practitioners (former traders, portfolio managers, and quantitative analysts), targeted content marketing (LinkedIn, industry publications such as Energi24, Montel, Bloomberg, and Europower), and a horizontal segmentation approach spanning trading, production planning, risk management, and investment strategy. The company is privately held as a subsidiary of StormGeo (itself a private Norwegian weather intelligence and energy analytics group operating 25 worldwide offices and ten 24/7/365 global operations centers); a planned senior hire (Espen Zachariassen, founder of Wattsight and former Alytic leader) joins as SVP Energy Analytics in January 2026, signaling a stated pivot toward AI and innovation.
NENA AS firmographics
Firmographics- Name
- NENA AS
- Legal name
- NENA AS
- Website
- https://nena.no
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NENA AS (StormGeo Energy Analytics) is a Norway-based subsidiary providing subscription-based power, weather, hydrology, coal, and carbon market analytics with proprietary in-house models and analyst-led dialogue, serving European energy traders, utilities, investors, and grid operators.
- Ownership category
- akta.pro rank
NENA AS industry classification
Industry- Product category
- Energy Market Analytics
- NAICS
- Software Publishers (513210)
- akta.pro primary industry
- Forecasting, Bidding & Automated Trading (Weather/Production Forecasts, Algo-Bidding) (EUAMAMAI)
- akta.pro secondary industries
- Natural Gas Risk Management, Analytics & Back-Office (ETRM/CTRM) (EUAGAGAJ), Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ)
Keywords
Where NENA AS is headquartered
LocationHeadquarters
- HQ city
- Lysaker
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
NENA AS business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Energy Analytics Subscription Services: StormGeo provides energy analytics services supporting trading, production planning, risk management, and investment strategy across European energy markets. Access is provided through client portals (Vortex, s-Insight, Energy Analytics) indicating subscription-based recurring revenue from analytics products.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
NENA AS product offering
Product offeringCore offering
NENA AS, operating as StormGeo's Energy Analytics division, provides subscription-based analytical services for European power, weather, hydrology, coal, and carbon markets. The company combines proprietary fundamental market, weather, and hydrology models with continuous analyst-led interpretation to deliver short-, medium-, and long-term insights supporting trading, production planning, risk management, and investment strategy decisions for energy market participants.
Product overview
StormGeo's Energy Analytics (operated through NENA AS) is a unified platform providing actionable short-, medium-, and long-term power market insights for European energy markets. The portfolio consists of six integrated products: Nordic Power Market Analysis and European Power Market Analysis (cross-border price risk management), Weather Intelligence for Energy Markets (meteorologist-led weather-to-market translation), Coal Market Analysis and Carbon Market Analysis (commodity market monitoring), and Long-term Market Outlooks (strategic forecasting including 2050 outlook). All products are powered by proprietary market, weather, and hydrology models with continuous analyst quality assurance, supporting trading, production planning, risk management, and investment strategy decisions.
Differentiator
Problem solved
Functional benefit
Brands
- Nordic Power Market Analysis: Manage Nordic price risk with hydrology-driven forecasts and analyst-led insight across system and area prices.
- European Power Market Analysis
- Weather Intelligence for Energy Markets
- Coal Market Analysis
- Carbon Market Analysis
- Long-term Market Outlooks
Products and services
- Nordic Power Market Analysis
Companies that use NENA AS
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
NENA AS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
NENA AS partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
NENA AS competitors and assessment
Company assessmentEmerging players
- Kpler: Kpler is a data and analytics platform providing commodity intelligence across energy, metals, and softs, with growing presence in European power and gas. Adjacent to NENA AS in European energy market analytics, with particular overlap in coal and carbon market flows.
Direct peers
- Volue: Volue is a Norwegian energy and infrastructure software company providing power market analytics, trading, and grid management solutions. It directly competes with NENA AS in Nordic power market analytics and modeling, with overlapping customer base among Nordic producers and traders.
- Vortex (weather and energy data): Vortex is a weather data and energy analytics provider offering forecasting and market data for European energy markets. Directly competes with NENA AS's Weather Intelligence for Energy Markets product and Nordic power market analytics, with StormGeo's own Vortex client portal even shared.
- Montel: Montel is a Norway-based news, data, and analytics provider deeply focused on European and Nordic power markets. It directly competes with NENA AS in European power market analysis, price forecasting, and news services for traders, producers, and utilities.
Broad incumbents
- Rystad Energy: Rystad Energy is an independent energy research house providing market intelligence, forecasts, and analytics across global energy markets including European power, renewables, and gas. Competes with NENA AS in European power market and forecast analytics.
- Wood Mackenzie: Wood Mackenzie is a global energy research and consultancy firm that provides market analysis, price forecasting, and strategic insights across power, gas, coal, and renewables. Competes directly with NENA AS in European power market forecasting while covering a much broader scope of energy commodities and geographies.
- ICIS: ICIS is a global commodity intelligence service providing pricing, market data, and analysis for energy, petrochemicals, and fertilizers. It directly overlaps with NENA AS in European energy market analytics, particularly in gas, power, and carbon markets.
- S&P Global Commodity Insights (Platts): S&P Global Commodity Insights, including the Platts brand, is a global leader in commodity price assessments and market analytics for energy, including European power, gas, coal, and carbon. Overlaps with NENA AS in European power and carbon market price forecasting and analytics, with substantially broader coverage and scale.
- BloombergNEF: BloombergNEF provides energy research and analytics across power markets, renewable energy, and transition strategy globally. Has overlapping coverage of European power, carbon, and long-term outlooks that competes with NENA AS's analytics and long-term market outlooks.
Others
- ACER (European Union Agency for the Cooperation of Energy Regulators): ACER is the EU agency that monitors European energy markets and publishes market reports and data on European power, gas, and wholesale markets. While not a commercial competitor, ACER's publicly available data and reports serve as a free baseline reference partly overlapping with NENA AS's European Power Market Analysis offering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights7 records
Customer concentration
NENA AS social profiles
Digital presenceNENA AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
NENA AS leadership team
Management profileNumber of profiles
Profiles10 records
NENA AS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NENA AS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NENA AS
What does NENA AS do?
NENA AS, operating as StormGeo's Energy Analytics division, provides subscription-based analytical services for European power, weather, hydrology, coal, and carbon markets. The company combines proprietary fundamental market, weather, and hydrology models with continuous analyst-led interpretation to deliver short-, medium-, and long-term insights supporting trading, production planning, risk management, and investment strategy decisions for energy market participants.
Is NENA AS a public or private company?
NENA AS is a private company. It is classified as corporate owned and is currently operating.
When was NENA AS founded?
NENA AS was founded in 1997. It employs 11 to 50 people.
Where is NENA AS based?
NENA AS is headquartered in Lysaker, Norway, in the Europe region.
How does NENA AS make money?
One revenue line is on record: energy Analytics Subscription Services.
Who are NENA AS's main competitors?
Kpler is listed as an emerging player. Direct peers are Volue, Vortex (weather and energy data) and Montel. Broad incumbents are Rystad Energy, Wood Mackenzie, ICIS, S&P Global Commodity Insights (Platts) and BloombergNEF. ACER (European Union Agency for the Cooperation of Energy Regulators) is listed as an others.
Does NENA AS have an API?
No public API is recorded for NENA AS.
What industry is NENA AS in?
NENA AS's product category is Energy Market Analytics. Its primary akta.pro industry code is EUAMAMAI, Forecasting, Bidding & Automated Trading (Weather/Production Forecasts, Algo-Bidding), with a secondary code of EUAGAGAJ, Natural Gas Risk Management, Analytics & Back-Office (ETRM/CTRM). Its NAICS code is 513210.