Learning Platform - "Markets & Trading"

Course: Pricing of weather derivatives

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.

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ENTRIMA has trained numerous professionals and certified thousands of learners, and counting

Really well structured and easy to follow content that is varied in delivery in order to keep the reader engaged. Looking forward to seeing more from the ENTRIMA in the future!

Erika Rabadia
Manager Trading Surveillance | Shell

What I like about the course is the information provided and the way it is provided. I find that the length of the videos is right, as it is not too long to watch. Also, thanks to that, when a video is not very clear to me, I watch it again, since I know that they are of short duration. Excellent material.

Ivan Fernando Jara Villalon
Commercial Analyst at Uniper

ENTRIMA’s courses are very suitable for our employees; good quality content is what we look for.

Rob Veersma
Advisor | Global Energy Community