Click here for downloadable documents about our products and services
31st January 2014. SWS Version 9 is close to Beta release. The Speedwell Weather System is the dominant software for pricing weather risk and managing a portfolio of weather risk contracts. Version 9 sees significant back and middle office enhancements including new regulatory reporting features required under Dodd Frank and EMIR. Click here for more information.
30th January 2014. Speedwell Weather has released SettleCast®, a new forecast product designed for weather risk contracts which settle on forecast values rather than observed values. We see this as an important extension of the weather risk markets in which we have been involved as data provider and settlement agent for over a decade. SettleCast forecasts are tailored to the needs of the specific energy market convention they serve and is currently available for over 80 European sites (here) based on the standard European gas-day convention. Please click here for more information.
29th January 2014. Speedwell Weather is acting as settlement agent for what is believed to be the biggest weather risk transfer transaction to date brought by World Bank on behalf of the Uruguay state-run utility company, UTE, and based on rainfall in Uruguay/Brazil. Our involvement has included data sourcing, data quality control and the installation of weather stations. We are providing quality controlled data for settlement of the transaction and acting as settlement agent. Please click here for the press release.
28th January 2014 We are pleased to announce a partnership with ZE Group Inc, a global leader in enterprise data management solutions. Speedwell weather data is now available through ZE's ZEMA suite. Please click here for more information.
12th December 2013 We are delighted, for the sixth year in a row, to be awarded Best Global Weather Risk Management Advisory/Data Service 2013, by Environmental Finance and Carbon Finance. The survey - the most closely watched poll of sentiment across carbon, renewable energy, weather risk and US emissions markets - reveals those firms that their clients, peers and competitors have judged to have provided the best service over the previous twelve months. See here for the full article.
25th October 2013 We have expanded our range of population-weighted data-sets and forecasts. We call these FlexIndexes. These are used for modelling energy demand. The product includes an ensemble forecast based on the individual down-scaled forecasts of the component sites, the historical data set, smoothed climatology and data feeds. Click here to see our standard sites. Click here for some more information.
17th October 2013 Speedwell Product Focus Autumn 2013 click here
9th October 2013 We are pleased to release the first of our European Gas-Day Forecasts sites. For these sites we provide a down-scaled ensemble forecast based
on the average of hourly temperatures for the 0600 to 0500 time period,
matching the trading convention of many gas markets in Europe. This product is
based on the 15-day ECMWF forecast model. See here for the sites available. Please contact us for verification statistics.
2nd October 2013 Agri-Pack update: we now provide over 150 packs covering regional crop growing areas. These provide daily temperature and rainfall histories for the basket of sites as well as feeds and forecasts. click here to see the available baskets.
27th September 2013 We have updated our International Hydro Correlation Study. Please contact us for information and prices.
27th August 2013 Speedwell Newsletter August 2013. An update about our population weighted forecasts and data sets; packs for tracking global commodities; Forecast SuperPack and FastCast®-Multi. Click here to view. Click here for more information about FlexIndexes
7th August 2013: Agri data and forecasts: We have greatly expanded the range of data packs with cleaned histories and feeds for agriculture. Please click here to go to our map tool showing our agri-related packs.
28th June 2013 Flex Indexes: Population Weighted histories and forecasts: We have satisfied a number of requests recently for bespoke weighted basket forecasts. We call these Flex-Indexes. A Flex Index comprises a cleaned history, smoothed climatologies, cleaned feeds and associated downscaled ensemble forecasts based on 15-day ECMWF & GFS and the monthly ECMWF. A Flex can be created with any number of sites with any weights on request. These tend to be used for longer-term power trading. Currently available Flex Indexes can be seen here.
25th June 2013 Ensemble Forecasts Baskets for Agri: We have produced a range of basket forecasts for Agri areas focusing on particular crops in each growing region. The forecasts are based on ECMWF and/or GFS 15 day and ECMWF monthly models. Each index comes with cleaned history, feeds and climatology. Current Agri indexes can be seen here
20th June 2013 Cleaned Data Update: We are delighted to report that we now quality control over 5,000 sites per day and are able to provide cleaned temperature or rainfall histories for over 5,000 sites world-wide.
18th April 2013 Recalibrated data sets: We have issued the latest 6-monthly updates and extended the historical Recalibrated data reflecting recent discontinuities at the 24 US CME sites. Click here for more information
3rd April 2013 London and Charleston March 2013...cold. Click here for a note on temperatures in March in these two cities.
28th March 2013 Dr Michael Moreno will be giving a technical presentation on weather insurance at the AssurFinance event in Paris on April 9th. To find out more and to join us, please follow this link: http://assurfinance2013.actuariacnam.net
25th March 2013
New ..Click here to see our Beta of FastCast-Multi Site showing
multi-model forecast change for any four regions simultaneously.
27th February 2013
We are delighted to have been voted first in the Energy Risk Magazine rankings under
the new Weather Data Management category. We would
like to thank our clients for their support.
25th February 2013
Please click here for the second in our series of educational
papers: The Limitations of the GSOD Data Set
15th February 2013
Forecasts based on population weighted baskets ("Flexes") are now also available
for Italy, Spain, Netherlands, Scandinavia, Denmark, Sweden and Norway. Used to
model regional energy demand, for each Flex we supply fully downscaled probabilistic
forecasts based on both the ECMWF and GFS models as well as a history of the weighted
basket and daily feeds. Click here
to see all our on our map tool. For a trial or further details please contact us
14th January 2013
Occasional Paper: Common misconceptions about weather data. Click
here to view.
13th December 2012
We are delighted, for the fifth year in a row, to be awarded Best Global Weather Risk Management Advisory/Data
Service 2012, by Environmental Finance and Carbon Finance.
The survey - the most closely watched poll of sentiment across carbon, renewable
energy, weather risk and US emissions markets - reveals those firms that their clients,
peers and competitors have judged to have provided the best service over the previous
12th December 2012
Speedwell Newsletter Dec 2012. An update about our downscaled forecasts. click
9th November 2012
Please click here
for white paper on the impact on the UK Gas Market CWV calculation of the closure
of Birmingham Edgbaston.
17th October 2012
Please click here
for our latest newsletter about weather data services for agriculture.
23rd August 2012
We are pleased to announce the release of our new forecast dashboard displaying
multiple forecast models for multiple sites in one view. Please click here
for more information. Click here
to see the product with example sites
11th July 2012
Please click here
for our July newsletter about weather data for agriculture.
5th July 2012
We have released our new map tool. This shows over 10,000 of our standard data sets
which are available to SuperPack® and SuperPack Light customers. The
new tool now allows for searches (eg "find all sites with 100% complete TMax over
20 years") and provides convenient access to tools. Please click here to view.
15th June 2012
We have released a new product which provides a vast amount of historical and real-time weather data of high quality for clients who have a large appetite for international data but
do not need the full-service provided under SuperPack®. The new product
is called SuperPack-Light.
SuperPack-Light provides access to 1,500 user-specified data sets chosen from over
10,000 which include over 3,000 cleaned data sets and over 2,000 cleaned feeds as
well as many thousands of official climate data sets. All at zero marginal
cost and with the simplicity of a single contract. Please click here for more
10th June 2012
We are pleased to be winning more and more clients who require weather data for
crop-modelling. We have recently released a large number of weather data packs available
to SuperPack and SuperPack-Light clients including, amongst many others, cleaned
data for Argentina, Ivory Coast, Pakistan, Russia and Ukraine. Please click
here to see our data packs.
1st May 2012
After many man years of development and over a decade of evolution we are pleased
to announce the release of SWS 8.0, the latest version of the pre-eminent weather
derivative pricing and risk management software. Click here for the press
26th March 2012
Extended Recalibrated Data Sets: Many sites in the USA shows significant
temperature discontinuities over their history. Our Recalibrated Data Sets adjust
for these by producing a data set consistent with current observation conditions/location
and instruments. After a number of years of providing these for CME weather derivative
reference sites, we will soon be releasing a pack of over 200. Subscribers will
receive the adjusted time series of TMin and TMax and have access to monitors alerting
to any current changes in site behaviour.
25th January 2012
We are posting updates on the behaviour of weather reference sites for our Recalibrated
Data clients on a new page. This requires user login. Please click here and choose the Recalibrated Data Set Apps tab. This allows us to post updates between our regular monthly updates. Click
here information about Recalibrated Data Sets.
14th December 2011
Speedwell Weather is awarded Best Global Weather Risk Management Advisory/Data
Service 2011, by Environmental Finance and Carbon Finance. The survey
- the most closely watched poll of sentiment across carbon, renewable energy, weather
risk and US emissions markets - reveals those firms that their clients, peers and
competitors have judged to have provided the best service over the previous twelve
months. Please click here for the press release.
5th December 2011
Please click here for an analysis of November London Heathrow
temperatures in historical context.
1st December 2011
We are now able to supply the RAW ECMWF output as well as the downscaled 15-day
product. Please see here for more information.
21st November 2011
Our downscaled ECMWF monthly forecast is now available twice per week on Thursdays
and now Mondays.
9th November 2011
We have had a lot of requests recently for snow data in the USA and Europe and for
solar radiation data in Europe. We have cleaned dozens of snowfall data sets for
many of our SuperPack clients (for no extra charge..all part of the service). Solar
radiation data can be tough to find in Europe. We can provide HOURLY solar radiation
data for sites in the UK, Netherlands and Germany.
3rd November 2011
UK: We have moved into our new office premises in Harpenden. Our address is the
same but we now occupy a complete floor of the building. The new office provides
us with a more pleasant and more efficient working space and the room we need to
20th October 2011
Recalibrated data sets: We have just issued
the latest 6-monthly updates to data packs for key US sites to reflect recent changes
at the 24 US CME sites. We have identified significant discontinuities in two stations
one of which is more than 2 degrees F.
The data team have had a busy quarter fielding an unusually wide range of client
requests for weather data and feeds. SuperPack (our open subscription to ALL our
data) continues to grow as a result: expansion of our cleaned US snowfall sets;
addition of more hourly wind data for UK; expansion of our Swiss data sets; expansion
of UK snowfall data sets, Brazilian hourly, Danish hourly, Thai daily, Korean solar
radiation and the addition of another US non-government US network. SuperPack provides
access to data not already in our archives on a reasonable-request basis. More often
than not, we find it!
5th January 2011
- Cold December 2010: an update. Click here to see a summary of how key European cities, a 150
year proxy for Heathrow and the CET have turned out.
23rd December 2010
- We are delighted to have been voted Best Advisory/Data Service Provider in the
Weather Risk Management category of the 2010 Environmental Finance market survey.
- SuperPack Update: We have added two more private networks in the USA: FAWN and
CoAg. These extend our coverage for sites in Florida and Colorado and in particular
provide solar radiation data not available through the NCDC network.
2nd December 2010
- Speedwell Weather System software development update:
for an update on what the development team is working on.
- SuperPack update: We have just added Korean climate data
and feeds including sunshine and solar radiation. Click here to see other data sets we have added recently. Click
for Map Viewer / Data Audit Tool. As a reminder to SuperPack clients,
if a site or weather variable you need is not on the list..just ask. We can usually
find it. Usually for no extra charge.
- SWSConnect: we are seeing more users on SWSConnect which is our web-delivered version
of SWS.. and so we are responding to requests to add functionality that has always
been available on the full version of SWS. With the latest release users can now
select El Nino or La Nina years for pricing (logon required).
20th November 2010
- Recalibrated Data: there seems to be a lot
going on with US CME sites in the update this month. For users unfamiliar with the
product, these data sets adjust key US and European sites for historic site moves
and instrument discontinuities. The difference over a 50 year period can be VERY
significant with the biggest magnitude difference being >2.5F on TMin and >
1.6 on TMax DAILY
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