Forecasting the Weather to Predict the Markets
When a powerful gust of wind is expected to blow across northern Germany, it will actually be felt throughout Europe’s power markets, sending prices plummeting.
23 Jan 2011
The question is: How low?
With the supply of wind and solar energy increasing globally, traders are increasingly turning to Thomson Reuters to determine how the markets will react.
To calculate a wind gust not just in miles per hour. But dollars and Euros.
With our sophisticated price predictive models, in-depth knowledge of power, gas and CO2 emissions, we can forecast what, for instance, a stretch of unseasonably warm winter temperatures on the Eastern Seaboard will do to natural gas prices across the nation.
As soon as we forecast it, the financial professionals we partner with are acting on it, using the information to drive their businesses, investments and trading strategies.
Anticipating how weather will impact market behavior. Proof that the right information in the right hands leads to amazing things. That’s the Knowledge Effect.
