Population Weighted Indices are used to model the impact of weather on energy demand. These indices are traditionally used as predictors of gas and power consumption and are therefore also appropriate for risk transfer relating to the energy markets.
- Indices are available on a global basis. Our standard catalogue of indices includes 15+ countries as well as regional indices (Europe, ERCOT…). Custom indices can be produced on demand.
- Standard meteorological variables include temperature, precipitation, solar radiation, and wind speed.
- Index creation is accomplished by overlaying our database of high-quality weather stations on top of high resolution population data. Using the latest optimization modelling technology, Speedwell selects the best combination of stations to monitor the given population.