About us

StormGeo

From simple beginnings in Bergen through more than two decades of uninterrupted growth, StormGeo has become a respected leader in weather intelligence and advanced data science worldwide. StormGeo’s years of experience has provided an in-depth knowledge and understanding of our clients’ work environments. We are fine-tuned to provide solutions that give our clients the competitive advantage they need to meet the challenges of a quickly changing global land- and seascape. This places StormGeo in the heart of two of the strongest trends of the 21st century: climate change and digitalization.

StromGeo Nena StormGeo Nena is a leading analysis house delivering energy market insights. We supply power market analysis to energy majors, utilities, funds, banks, shipping companies and private investors who want to strengthen their focus in commodity trading or require advice on investments.

StormGeo Nena builds fundamental models and methods with strong emphasis on a combination of economic theory, market models, weather impacts and marginal cost calculations. All price forecasts are solely based on in-house developed models to avoid any black boxes. Our approach relies on basic supply and demand modelling as well as advanced optimization tools.

By combining our trading-based analysis tools with a holistic view on global commodity markets, we aim to provide a clearer picture of the global energy complex. Our analyses reveal coherence between numerous price drivers, enabling us to explain substitution pricing, and ultimately consequences for future pricing of various commodities.

Our first clients from 1997 have continuously been using our expertise and analyses in their daily core business related to energy markets, and new clients continue to express their fascination for our views and advice.

A team of dedicated professionals

The analysts

StormGeo employee Sigbjørn Seland

Sigbjørn Seland

Chief Analyst

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Master of Science, Finance from NHH Bergen/University of Mannheim Germany. Former Trader at Drammen Kraft AS.
Employed since June 1998.

+47 22 31 41 06
StormGeo employee Pål Svendsen

Pål Svendsen

Senior Analyst

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Master of Science in Engineering from NTNU. Earlier experience including hydrological and meteorological analyses and power systems modelling at Statkraft and Vattenfall.
Employed since January 2000.

+47 22 31 41 07
StormGeo employee Sigurd P. Lie

Sigurd P. Lie

Senior Analyst

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MBA from University of Denver Colorado. Former Financial Manager at Jernbaneverket (Norwegian National Railway Administration), and experience within international finance and accounting.
Employed since June 1998.

+47 22 31 41 05
StormGeo employee Bengt P. Longva

Bengt P. Longva

Senior Analyst

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Economist from University of Bergen. Former Portfolio Manager at Drammen Kraft AS. Earlier experience from research at SNF, a research body at the Norwegian Business School in Bergen.
Employed since January 1998.

+47 22 31 41 04
StormGeo employee Nicolai Haber Junge

Nicolai Haaber Junge

Quant Energy Analyst

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MSc in Materials Chemistry from Stockholm University. Previously done research in energy materials, Li-Ion batteries, and industrial chemical materials with a focus on data processing from advanced x-ray measurements at synchrotron facilities MAX IV and ESRF via University of Oslo and Haldor Topsøe AS. Employed since January 2022.

+47 482 46 739
StormGeo employee Sondre Tønder Heggheim

Sondre Tønder Heggheim

Energy Analyst

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MSc in Energy, Trade and Finance from Cass Business School. Additional education includes a BBA from BI Norwegian Business School in Bergen, programming classes from NTNU in Trondheim and a finance class at Harvard Business School. Employed since February 2022.

+47 995 82 044

Management / Sales

StormGeo employee Arve Dahl Nielsen

Arve Dahl Nielsen

Senior Vice President Onshore Europe

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Master of Science Degree & Business from NHH, Bergen. CEMS Masters Degree from NHH and Universitá L. Bocconi, Milan. Certified Power Market Analyst from NHH. Earlier experience as portfolio manager and trader at Norsk Hydro, and NOS Clearing within sales and business development.
Employed since September 2010.

+47 22 31 41 11

System development

StormGeo employee Sunil Kumar Bandari

Sunil Kumar Bandari

Senior Developer

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Bachelor of Technology degree from Jawaharlal Nehru Technological University, India. Earlier experience in application and web development.
Employed since November 2008.