Numerical Weather Prediction model with, GIS topographical solar radiation model, satellite data and ground measurements, for … that it can be used for solar radiation forecast since it can estimate the weather condition within the next 72-120 hours …

The agriculture sector observed the penetration of parametric weather risk financial products, including weather index … insurance and weather derivatives, between the late 1990s and the early 2000s. However, the adoption of such products remains … that captures the moderators accelerating and inhibiting pricing structure and willingness to pay for parametric weather …

An accurate weather forecast is the basis for the valuation of weather derivatives, securities that partially …

In usual pricing approaches for weather derivatives, forward-looking information such as meteorological weather … forecasts is not considered. Thus, important knowledge used by market participants is ignored in theory. By extending a standard … model for the daily temperature, this paper allows the incorporation of meteorological forecasts in the framework of weather …