Panel Discussion 1 Leveraging Financial Tools for Weather Risk Transfer in Energy

Monday, 11 January 2016: 11:00 AM-12:00 PM
Room 346/347 ( New Orleans Ernest N. Morial Convention Center)
Host: Seventh Conference on Weather, Climate, Water and the New Energy Economy
Moderators:
Thomas Duncan, U.S. Bank, St. Louis, MO and Josh Gugel, Pennsylvania State University, University Park, PA
Panelists:
Heidi Centola, Schneider Electric, Chicago, IL; Anjelina Belakovskaia, Univ. of Arizona, Tucson, AZ and Kevin Stenson, MeteoGroup, St. Louis, MO

In the 1990’s the weather risk transfer market emerged enabling energy companies to protect their profitability against adverse weather events. Weather impacts businesses and municipalities in many ways but one of the major impacts is financial, including the supply, demand, and price of energy. Climate change coupled with the evolving and expanding weather risk has led to a significant increase in volatility and the importance of understanding its financial implications.

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