Quantifying weather risk well in advance
Weather software innovator EarthRisk Technologies has unveiled a new commercial weather forecasting solution to quantify weather risk up to five weeks ahead, claimed to be the longest lead time to date. TempRisk Apollo presents objective weather data in an intuitive and dynamic online interface that gives customers daily access to the odds that heat and cold events may occur up to 40 days in advance. Weather-affected industries, especially energy and natural gas trading firms, can use the software to make daily investment decisions based on temperature trends across the US and Europe.
News Item details
Journal title: Petroleum Review
Keywords: Weather Risk Assessment
Countries: North America -
Subjects: Information systems, Risk management, Software
