weather hedging

MDA EarthSat Weather, a consulting group for weather risk and commodity weather products and services, have announced the expansion of their current wind generation forecast product range. They are expanding their focus beyond the U.S. and will now offer forecast data and information for stations in the UK, Ireland, and Germany bringing their forecasts and […]

Whether risk management practices such as hedging actually have an effect on firm value of those engaging in such practices is highly debated in wider economic circles. Those involved in hedging or risk management sectors such as reinsurance can of course see the value in a well placed hedge, but for others who are less […]

Here on Artemis we often discuss the vagaries of the weather and climate and this March was certainly an unusual month worth commenting on. The U.S. saw the warmest March on record since 1950, based on natural gas weighted Heated Degree Days (GWHDDs), according to an MDA EarthSat Weather press release. As well as breaking […]

On a regular basis we see news articles discussing weather events which have caused losses to corporations which may have been better protected through weather risk management techniques rather than their standard business interruption insurance policies. The latest case to hit the news in recent days is the damaging hail storm which hit Denver airport […]

The second quarter of 2011 has been good for wind energy producers across the bulk of the U.S. after wind speeds have been reported to be generally elevated above normal across much of the country in a report from 3TIER®, a global leader in renewable energy risk analysis.

At the recent Weather Risk Management Association’s (WRMA) 13th annual meeting held in Houston, Texas earlier this month participants on a panel about power and natural gas agreed that the energy markets continue to be the primary users of weather hedging and weather risk management tools.

The weather derivatives market while not receiving a huge amount of press in the last year, has been quietly growing in size as end users of weather derivatives and associated weather risk management tools increase in number and diversity. The Weather Risk Management Association has announced the results of their latest survey of the weather […]

A really interesting new weather risk hedging product designed to help the wind power industry hedge the financial risk of wind variability has just been announced in a joint statement by renewable energy risk analysis firm 3TIER® and Galileo Weather Risk Management. They’ve collaborated to create a financial instrument that could have a huge impact […]

Swiss based weather derivatives and risk management specialist CelsiusPro have announced the launch of a new pricing platform for distribution partners and new test accounts at the Weather Risk Management Association conference in Houston, Texas. CelsiusPro, who work in partnership with Swiss Re are already known for their online platform and this announcement marks the […]

The Chicago Mercantile Exchange (CME) has recently added a new location where monthly and seasonal rainfall index futures can be traded. The CME now offer ten locations in the U.S. where these rainfall weather risk products can be bought and sold.