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Skillful Seasonal Predictions of Boreal Winter Accumulated Heating Degree-Days and Relevance for the Weather Derivative Market
2013
Journal of Applied Meteorology and Climatology
Preserved Fulltext
4 It is demonstrated that boreal winter accumulated heating degree days, a weather derivative 5 product frequently demanded by energy suppliers (among others), can be skillfully predicted 6 with a lead time of one month, i.e. at the beginning of the previous November, for many 7 regions of the Northern Hemisphere extratropcis. This finding contradicts the assumption 8 of poor seasonal predictability for this variable. The present short note is meant to properly 9 inform the participants of the
doi:10.1175/jamc-d-12-0303.1
fatcat:zoc3szzka5cmhficc3im746h6u