The recent extreme climate changes have led to some serious issues and emphasised once again the importance of weather forecast and the need for a different approach to weather risk exposure management globally. Extreme cold winters and dry summers have proved to be very challenging for the energy market.
Weather risk is nothing new, the issue is that companies are now more than ever, able to hedge and trade against weather risk – this is a key strategy that can be used to not only minimise risk but also to make profit! This exclusive conference looks at the measurement and integration of forecasts into the trading strategy, and goes that one step further to understand the adaptations in the trading strategy from both a long term and short term point of view.
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