Energy Risk USA: Storms, warm winter, fuel interest in weather derivatives

The market for weather derivatives has received a boost from the unusual weather that affected North America in the past year, according to experts in a discussion panel on weather risk management at the annual Energy Risk USA conference in Houston, Texas.
Most notably, the extremely mild winter of 2011–12 – which, combined with a boom in shale gas production, caused US natural gas prices to hit their lowest level in a decade – has raised interest in weather derivatives among concerned gas
More on Weather risk
Weather house of the year: Parameter Climate
Energy Risk Awards 2025: Advisory firm takes unique approach to scale weather derivatives markets
Weather house of the year: Sompo Global Weather
Energy Risk Awards 2018: Weather derivatives provider launches innovative platform to serve clients
Advancing on all fronts
Sompo Global Weather continues to expand its offering with timely, tailored weather risk solutions designed to service a growing global audience and diversification into new sectors supplying responsive solutions
Weather house of the year: Sompo Global Weather
Energy Risk Awards 2017: Innovative data solutions drive weather market
Weather house of the year: Endurance Global Weather
Team crafts innovative wind contracts to manage generators’ unique risks
Weather Talk: Video Q&A with Swiss Re Corporate Solutions’ Stuart Brown
Sponsored video: Swiss Re Corporate Solutions
Data provider of the year: StatWeather
StatWeather impresses energy traders with long-range forecasts
Weather house of the year: Munich Re Trading
Weather derivatives specialist wins praise for consistent, high-quality service