Pricing of weather derivatives

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.

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
 

Our Labels

Entrima and Market Abuse Centre (MAC) are the two labels we operate to provide 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.

www.entrima.org


Conduct & Culture

MAC’s 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.

www.marketabusecentre.com