Pricing of weather derivatives

Climate & Sustainability — Markets & Trading

About the online training programme

This course explains what weather derivatives are. It provides an overview of the fundamentals of these instruments and how they can be applied by companies to manage their weather exposures. Furthermore, quite some essentials are set out that make one understand how to control temperature, wind or precipitation risk. In addition, the settlement of these tools is given attention to and the reference indices that are used for this purpose.

Course Contents

This course covers the following video lessons:

  1. Actuarial method
  2. Business pricing model
  3. Future data required
  4. Modelling
  5. Modelling – Calibration
  6. Modelling – Selecting the optimal model
  7. Monte Carlo simulations
  8. Numerical methods
  9. Analytical solutions
  10. Comparison between methods
  11. Wind derivatives – Underlying value
  12. Wind derivatives – Types of derivatives
  13. Wind derivatives – Basics of turbines
  14. Wind derivatives – Features of turbines

This course also includes examination and certification.

Learning Platform

€ 1,490

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About our Learning Platform

With no time-to-market, any learner can buy a licence for 365 days access. Alike Netflix, we provide 24/7 access to all listed courses and exams. Self-study in own time and at own pace, with instant certification upon passing an exam. Access-to-all is provided upon the purchase of a learning licence, one for each learner. Discount for group. Observe our ultra-quick customer on-boarding.

Our Purpose

Entrima provides learning services for professionals in the commodity & energy markets.

Content & Context

Entrima’s mission is to transfer knowledge regarding the business, controls & operations of parties in (or relating to) the wholesale markets.

Conduct & Culture

Entrima mission is to facilitate the prevention & detection of misconduct and to foster proper behaviour in organisations. This is achieved via training, periodic updates and increased awareness.