Wind derivatives
Wind power output varies from year to year. Sometimes the wind power output can be disappointing for several years in a row, putting the financial position of the wind plant operator at risk. However it is possible to hedge this risk by means of wind derivatives.
what is a wind derivate?
A wind derivative is a contract for financial transactions based upon a wind index. Depending on the risk the operator is willing to take, a derivative can be defined to pay the operator in bad wind years. In return the operator pays a premium in good wind years. Aeolis Forecasting Services can consult you in defining an appropriate derivative and finding a counterparty.