MetraWeather understands the information requirements of energy traders and we will consult with you to tailor a package of forecasts to your particular needs.
Trading in electricity and natural gas markets takes place not only among participants with a physical position in those markets, but also with trading desks run by banks and other financial institutions which speculate on future prices of electricity.
When trading in such markets, it is not just the observed weather outcome that affects prices. Just as important is a market’s current perception of what is going to happen, regardless of how accurate those forecasts actually are.
Advance knowledge of what market-moving weather models will predict is a valuable tool, allowing traders to anticipate which way electricity and gas prices may swing based on the perception of upcoming weather events.