Risk.net: Storms, warm winter, fuel interest in weather derivatives

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Weather hedging interest up, according to 17 May piece on Energy Risk site. Intro:

The extreme weather that hit North America recently has spurred interest in tools designed to hedge weather risk, according to participants speaking at Energy Risk USA

The market for weather derivatives has received a boost from the unusual weather that affected North America in the past year, according to experts in a discussion panel on weather risk management at the annual Energy Risk USA conference in Houston, Texas.”

Read full article here: http://www.risk.net/energy-risk/news/2175389/energy-risk-usa-storms-warm-winter-fuel-weather-derivatives

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