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: Endurance Global Weather
Team crafts innovative wind contracts to manage generators’ unique risks
Data provider of the year: StatWeather
StatWeather has impressed energy trading firms with the accuracy of its long-range forecasts, including during the North American polar vortex in late 2013 and early 2014
Weather house of the year: Munich Re Trading
The weather derivatives specialist has won praise for its consistent, high-quality service
Managing risk in agricultural commodities
Agricultural commodities are rarely written about in the mainstream financial media, and often only hit the headlines when an extreme weather event or natural disaster affects supply and prices.
Looking back: El Niño boosts weather derivatives
Liquidity in the OTC weather derivatives market has suffered repeated false starts over the years, including one reported by Energy Risk in December 1997 with the onset of the El Niño weather pattern
Weather House of the Year: Swiss Re
Swiss Re has continued to innovate in weather risk management during the past year, playing a key role in a landmark hydropower transaction with the World Bank
Polar vortex revives interest in gas and power hedging
A brutally cold winter in the eastern US has roiled natural gas and power markets and shocked energy consumers that had grown accustomed to cheap, abundant shale gas. Such firms are now hedging more actively, Alexander Osipovich finds
Renewables expected to drive demand for weather derivatives
Weather risk management firms predict renewables and thinner energy market liquidity will drive growth
Real to set sights on renewables after acquisition by Munich Re
Purchase of RenRe Energy Advisors could lead to new weather hedging tools for renewable energy
Energy firms tune in to weather forecasts
As weather forecasting becomes more accurate, utilities and banks are increasingly turning to it – not only to predict power and gas demand – but also to find arbitrage opportunities, writes Gillian Carr
Energy companies increase weather hedging
As temperatures rise and extreme events grow more common, energy companies have stepped up their hedging of weather risk, according to market participants. Alexander Osipovich reports
Weather House of the Year: RenRe Energy Advisors Ltd
RenRe Energy Advisors Ltd (Real) has won the Weather House of the Year award for the third year running after a successful 2011 in which it executed transactions on five continents, completed its first wind resource hedge for a major UK utility, and…
Energy Risk USA: Storms, warm winter, fuel interest in weather derivatives
The extreme weather that hit North America recently has spurred interest in tools designed to hedge weather risk, according to participants speaking at Energy Risk USA
Special report - Weather risk
This month's special report looks explores the state of play in the innovative weather derivatives market
Weather risk: gauging the exposure
There is now an array of instruments available to hedge weather exposure, but evaluating that exposure is far harder than quantifying standard exposures such as commodity price risk. Garth Renne and Shaun Hatch discuss approaches to analysing wind and…
What lies ahead for weather risk management?
While products and participation continue to evolve, more education will be crucial to boosting weather derivatives use, experts say. Pauline McCallion speaks to market participants about how to continue the market’s evolution
