Bespoke weather solutions for traders
Energy companies, insurance companies and banks trading on weather critical markets require accurate and timely weather data. MeteoGroup provides forecasts for all weather elements known to impact on the price of power and commodities.
We also specialise in the supply of weather prediction model data, delivering new output in real time and providing key information on model variations, comparisons, shifts and confidence levels.
Weather and energy trading
Weather has a decisive impact on the price of power and commodities. Energy traders require real-time weather data and accurate and timely forecasts in order to gain a competitive advantage.
The combination of a growing demand for energy by expanding economies and major changes in the liberalised European energy markets have resulted in ever fluctuating prices for raw materials and renewable output.
Accurate and timely weather information which is specifically tailored to the energy market is extremely important for reducing costs in all areas of the industry and can give businesses the decisive advantage.
Benefits of our forecasting solutions
MeteoGroup specialises in the delivery of accurate and timely weather data to energy traders.
Trading floors and operational headquarters across Europe use MeteoGroup's market-leading MOS forecasts for accurate, location-specific data from one hour to 15 days ahead.
Our ensemble and probability forecasts are important decision making tools, whilst our long-range forecast products are invaluable for planning for up to six months ahead.
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14th May 2013: NCC Roads, one of the four biggest contractors to work with the Swedish Transport Administration, has awarded MeteoGroup a contract to supply year-round forecasting services and a new active alert service for the winter season. With active weather monitoring of the operating region, NCC Roads will be ab