From the Renewable Energy Desk
2.14.12
Control the Weather: Renewable Projects Hedge Solar/Wind Risk
Evolution speaks at Solar POWERGEN on hedging weather risk in renewable projects. Secures project revenue if wind doesn't blow and sun doesn't shine.

Evolution Markets’ Director of Weather Markets, Nick Ernst, will present at the 2012 World Renewable Energy Forum/Solar POWERGEN conference in Long Beach, CA (February 14-16), discussing how to manage weather-related risk associated with wind and solar renewable energy projects.

Nick’s presentation will highlight the various risk factors facing renewable energy project developers, including volumetric risk relating to energy input from wind or solar irradiation. Renewable energy project developers can manage this risk using weather derivatives, resulting in smooth cash flows during adverse weather conditions. Ultimately, weather hedges can assist project developers obtain financing on advantageous terms.

You can get a preview of Nick’s presentation on our Website, and be sure to look out for him during the “Advances in Managing Risk” session (Wednesday, February 15, 1:30 pm PST) at Solar POWERGEN. If you have any questions regarding weather risk management for renewable energy projects, please contact Nick Ernst at: +1 914.323.0260.

Evolution Markets Inc. and its suppliers believe the information or data contained herein was obtained from reliable sources. Nevertheless, Evolution Markets Inc. does not guarantee the accuracy and/or the completeness of the information or data included herein, to you or to any other person or entity, and Evolution Markets Inc. shall have no liability for any errors or omissions with respect to such information or data. Evolution Markets Inc. makes no express or implied warranties to you, or to any other person or entity, and expressly disclaims all warranties or merchantability or fitness for a particular purpose or use, with respect to the information or data included herein. Without limiting any of the foregoing, in no event shall Evolution Markets Inc. have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. Prices and or bids/offers reflect (i) data from completed transactions, (ii) data from pending transactions, (iii) firm bids to buy and/or firm offers to sell, (iv) prices purchasers have expressed a willingness to pay, but for which we have not received, or are not aware of, a firm bid to buy or prices sellers have expressed a willingness to accept, but for which we have not received, or are not aware of, a firm offer to sell and/or (v) our judgment of the price(s) at which transactions could be concluded based on any combination of the above information. © Copyright 1999-2011, Evolution Markets Inc.