Development of an irradiance-based weather derivative to hedge cloud risk for solar energy systems
Colin F.H. Boyle, Jannik Haas, Jordan D. Kern
Topics & Concepts
Solar irradianceVolatility (finance)Photovoltaic systemCash flowIrradianceEnvironmental scienceHedgeMeteorologyEnvironmental economicsBusinessEngineeringFinanceEconomicsElectrical engineeringBiologyQuantum mechanicsPhysicsEcologyEnergy and Environment ImpactsEnergy, Environment, and Transportation PoliciesMarket Dynamics and Volatility