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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.

Back to Course Package
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ENTRIMA has trained numerous professionals and certified thousands of learners, and counting

The in-company training services were very satisfying, amongst others, as they served the purpose of learning by debate and through exchange of thoughts.

Pieter Schuurs
Intercontinental Exchange | ICE Endex

The most positive element of ENTRIMA’s online learning services concerns the progressive (step-by-step) approach from simple to more complex concepts.

Ronan Haas
Eurelectric

The online learning services are based on a comprehensive curriculum with a wide variety of theoretical basics combined with a profound business knowledge. The courses provide an in-depth understanding of business relevant processes.

Mario Claeys
Uniper Global Commodities