| Course for Energy Companies - Forecasting Tools and Weather Derivatives | |
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NEW ORLEANS, June 7 /PRNewswire/ -- Weather Risk Management for the Energy Industry -- An insight into the use of Weather Derivatives to manage risk in the Oil, Gas, Coal, and Utility Industries -- 2 day conference to be hosted by the Strategic Research Institute on June 28 and 29, 2001 in New Orleans, Louisiana. (http://www.srinstitute.com/cr199)Weather derivatives are not weather or commodity insurance, but financial instruments to protect profits from weather related factors. Until very recently, companies providing material and services in the energy industry have been at the mercy of weather patterns and open to large profit losses. Now businesses may use weather derivatives to ensure their protection from conditions unfavorable to their industry. This conference introduces the attendee to weather derivatives and the latest forecasting technology, and shows each participant how to successfully utilize these tools to mitigate weather risk. Weather forecasting has now expanded beyond simply using the National Weather Service. Learn what you can expect in long and short-term forecasts. Topics include:
Speakers include experts from CMS Energy, Swiss Re New Markets, PacifiCorp, RGA Labs, the National Center for Atmospheric Research, Colorado State University, and other prestigious organizations. The chairmen for this event are Dr. Robert Dischel, Weather Ventures LTD, and Dr. John Dutton, Dean of the College of Earth and Mineral Sciences, Pennsylvania State University. For a complete agenda or to register please contact our website at http://www.srinstitute.com/cr199. For further information please contact Heidi Aigler at haigler@srinstitute.com or at (212) 967-0095, extension 271. SOURCE: Strategic Research Institute WEB SITE: http://www.srinstitute.com/ ST: New York, Louisiana |
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| Posted June 7, 2001. |
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