18th Sep 2018.
Additional Wind Power Production Indices – Germany
We are pleased to announce that the final Germany regional wind production index (TenneT) has been released. Released next week will be the wind power production index for Germany as a whole; an aggregated total of the 4 Germany wind power production regions (TransnetBW TSO, Amprion TSO, 50Hertz TSO, TenneT TSO) and Offshore. These indices are designed specifically for weather risk transfer.
The Germany Wind Power Index (TenneT TSO) is based on gridded wind data at hub height and is designed to fit the actual production index. It uses mast-height wind, transformed using the respective power curve to derive a time series based on the installed wind farm capacity as of November 2017. The asset base used for this Index is frozen. As with our other proprietary wind indices, the time series starts in 1980 and is denominated in Mwh.
The following are available: synthetic daily energy output history from 1980 (Mwh), daily updates and forecasts.
The indices are available for structuring hedges on the weatherXchange® Platform.
We are now in a consultation period looking for input and feedback from the user community. For more information and for access to a work book describing the indices and how they are generated please contact us.
4th September 2018.
Additional Wind Power Production Indices – Turkey, Australia and Germany
We are pleased to announce that the Turkey wind production index has been released. In addition, wind power production indices for 7 AEMO regions and 4 regions in Germany have been released. These indices are designed specifically for weather risk transfer.
The Turkey Wind Production Index is based on gridded wind data at hub height and is designed to fit the actual production index as published by ERMA. It uses mast-height wind, transformed using the respective power curve to derive a time series based on the installed wind farm capacity as of 30 June 2017. The asset base used for this Index is frozen. As with our other proprietary wind indices, the time series starts in 1980 and is denominated in Mwh.
The following are available: synthetic daily energy output history from 1980 (Mwh), daily updates and forecasts.
The indices are available for structuring hedges on the weatherXchange® Platform.
We are now in a consultation period looking for input and feedback from the user community. For more information and for access to a work book describing one of the indices and how it is generated please contact us.
24th Apr 2018.
Italy Wind Power Production Index
We are pleased to announce that the Italian wind production index has been released. This index is designed specifically for weather risk transfer.
The Italy Wind Production Index is based on gridded wind data at hub height and is designed to fit the actual production index as published by TERNA. It uses mast-height wind, transformed using the respective power curve to derive a time series based on the installed wind farm capacity as of 30 June 2017. The asset base used for this Index is frozen. As with our other proprietary wind indices, the time series starts in 1980 and is denominated in Mwh.
The following are available: synthetic daily energy output history from 1980 (Mwh), daily updates and forecasts.
The index is available for structuring hedges on the weatherXchange® Platform.
We are now in a consultation period looking for input and feedback from the user community. For more information and for access to a work book describing the index and how it is generated please contact us.
28th March 2018.
US ERCOT Wind Production Indexes
Continuing our growth of wind indexes designed for weather risk transfer, Speedwell has created wind production indexes based on the MERRA2 reanalysis series for the ERCOT region and five sub-zones. These indexes are denominated in daily MWh and designed to replicate actual wind energy production using installed wind farm capacity frozen as of June 2017.
As with our other National Wind Benchmarks, these indexes are derived using native 3 hourly MERRA2 data sets. Using 3 dimensional modelling techniques to derive wind turbine hub-height wind speeds which are then transformed using respective power curves to derive a daily modelled energy output.
The following are available: synthetic daily energy output history from 1980 (MwHrs), daily updates and forecasts.
We are now in a consultation period looking for input from the user community. For more information and for access to a work book describing the index and how it is generated please contact us
9th January 2018.
UK Wind Production Index
Following the launch in 2017 of the Spain (Peninsular) Wind Production Index Speedwell has created an equivalent index corresponding to wind capacity on the UK high voltage grid which is part of the Balancing Mechanism. This is based on installed capacity frozen as of Jun 2017 and uses MERRA2 gridded data for synthetic wind history. As with the Spanish index, the following will be available: synthetic daily energy output history from 1980 (MwHrs), daily updates and forecast. The historic index is designed as a hedging tool. The forecasts are relevant as a trading tool.
We are now in a consultation period looking for input from the user community. For more information and for access to a work book describing the index and how it is generated please contact us
The UK index will be followed by a German index. The technique can be applied to any wind assets world-wide to assist the hedging of wind power production for specific assets. If other countries / areas are of interest please contact us
Nov 2017.
Speedwell launches high-resolution gridded data sets
Speedwell has launched a range of proprietary high-resolution gridded data sets based upon MERRA 2 and ECMWF reanalysis products. These are available for no additional charge to SuperPack® Premium subscribers. These data sets are initially aimed at renewables users for modelling and hedging energy production with datasets for other sectors to follow
Click here for more information
Oct 2017.
Speedwell SuperPack® October 2017 update
SuperPack subscribers now have instant access to over 21,400 sites in the primary archive representing over 1,050 component groups with on-request access to an additional 100,000 data sets in our secondary database.
Recent additions includes a new index representing the main wind production areas in Italy, expansion of data coverage in Spain, Mexico, Peru and Ireland, expansion of cleaned hourly temperature and hourly wind historical data in Europe and four new Spanish hydro packs of rain data covering the main river catchments.
Click to view data inventory
21st Sep 2017.
Speedwell Launches wind production index for Spain
Speedwell Weather has launched an index tracking the REE energy production numbers in Spain based on mainland installed capacity as of December 2016. Data for over 20,000 turbines in over 1,000 wind farms has been used. The index is built using respective hub height wind data derived from the MERRA 2 reanalysis series and by applying the relevant power curve for each wind farm. The synthetic history of the index back to 1980 is available along with feeds and forecasts and is included in the SuperPack®-Premium subscription. The index is also available to trade on the weatherXchange® Platform.
Click to view press release
27th Jul 2017.
Speedwell Weather System v12
Speedwell Weather announces the release of SWS version 12
Click form more information on SWS v12
28th Feb 2017.
Speedwell Weather announces upgrades to its Agriculture Commodity Product
Speedwell Weather today announced a number of upgrades to the agricultural module of its Commodity Product. Speedwell Weather has upgraded the service to include (1) expanded coverage, (2) weighted indices based upon crop production, and (3) integration with weatherXchange® platform.
Click to view press release
9th Feb 2017.
Speedwell Weather System v11.5
We are pleased to announce the latest version of the Speedwell Weather System, the enterprise weather derivative valuation, portfolio risk-management and back-office software. New features including faster C# scripting and a wind turbine Power-Curve building tool to assist in the creation of weather hedges for the renewables market
Click to view SWS v11.5 What's New
31st Jan 2017.
Speedwell SuperPack® January update
There are now approximately 1,000 component groups in SuperPack® and over 21,000 sites available for immediate access through the SuperPack primary archive (and another 100,000 sites in our secondary database that can be made available upon request).
New content includes all new indices representing the main wind production areas in Germany and the UK, European offshore wind farm sites with Speedwell derived wave data, European wind farm sites with Speedwell derived 80 m wind data, expansion of data coverage in France, Ireland and Mali and, for the first time, new energy feeds including power and gas prices
Click to view data inventory
19th Jan 2017.
E-world energy & water 2017
You are invited to join us at E-world energy & water 2017 as we officially launch weatherXchange®
Click to view the invitation
19th Jan 2017.
weatherXchange appoints new Director of Post-Trade Services
Click to view the full press release
12th Jan 2017.
Launch of weatherXchange
Speedwell Weather is pleased to announce the launch of the weatherXchange platform. weatherXchange is a platform which helps companies access index-based weather risk protection and which provides valuation and settlement services.
Click here for the Launch of weatherXchange press release
12th October 2016.
Speedwell SuperPack® October update
There are now over 980 component groups in SuperPack® and over 20,800 sites available for immediate access through the SuperPack primary archive
(and another 100,000 sites in our secondary database that can be made available upon request).
New content includes groups of sites providing solar radiation for France, Norway, Sweden and the UK, further addition of cleaned data in Spain, 2 new hydro-catchment groups, 4 new agricultural groups and 5 new population-weighted baskets including those representing the Australian National Electricity Market (NEM) regions.
Click to view data inventory
1st Aug 2016.
Speedwell issues details of its latest Gridded Data services. For more info click below
Speedwell Gridded Data Services
7th June 2016.
Speedwell Weather today announced the release of Speedwell Weather System (SWS) version 11, the latest version of the definitive weather
derivative pricing and risk management software.
SWS version 11 introduces many new features, including integration of tradeable sites used by the forthcoming weatherXchange platform,
automation of Request for Proposal (RFPs), direct access to Speedwell's historical forecast archive and the integration of Speedwell's
new gridded data services. For hedges in the renewables sector, there is also a new Power Curve scripting tool to allow easy transformation
of discrete power curves into SWS-compatible indices
Read the official press release here.
5th May 2016.
The latest 6-monthly update of Speedwell Recalibrated Data has been released. Speedwell Recalibrated Data contains the latest adjustment for instrument and
environmental changes at Speedwell-Market sites.
Click here for more information about Recalibrated Data.
Click here for more information about Speedwell-Market
19th April 2016.
Speedwell SuperPack® April update
There are now over 960 component groups in SuperPack® and over 20,750 sites available for immediate access through the SuperPack primary archive (and another 100,000 sites in our
secondary database that can be made available upon request).
New content includes expansions to our Primary Spain and Brazil Groups with new cleaned data sets, the addition of
Azerbaijan historical data, 3 new Hydro-catchment Groups, 15 new Agricultural Groups, new Population-weighted basket groups and 90 new Gas and Power Groups.
Click to view data inventory
14th Jan 2016.
26th November 2015.
Speedwell SuperPack® update notification: New Data Group Added
German River Depth Data: SuperPack users now have access to German river depth data for over 40 sites on the rivers Elbe, Main, Mosel and the Rhein .
Click to view German River Depth data inventory
Data source acknowledgement: River data is sourced from German Federal Waterways and Shipping Administration (WSV) and the German Federal Institute of Hydrology (BfG)
6th November 2015.
Speedwell SuperPack® update notification: New group
Europe Windstorm: a pack of 330 sites in Europe where hourly wind and hourly max gust has been quality controlled and erroneous data points removed.
Relevant for European Windstorm analysis.
Click to view Europe Windstorm data inventory
3rd November 2015.
Speedwell SuperPack® coverage update
Slovenia Primary: we have sourced additional official climate data for most of the sites in our Slovenia Primary Pack.
Slovenia Secondary: all sites in this pack now have longer climate histories .This means we now are able to provide an additional 35+ sites with long historical temperature data and an additional 100+ sites with over 3 years of historical rain data.
Click to view Slovenia Primary data inventory
Click to view Slovenia Secondary data inventory
Note that for some of these sites updates arrive up to one month in arrears.
30th October 2015.
Speedwell SuperPack® update
Czech Primary: We have expanded the Czech Primary group. An additional 12 sites are now available with cleaned data.
Click to view Czech Primary data inventory
22nd October 2015.
Speedwell SuperPack® October update
SuperPack® now offers immediate access to over 20,000 sites. New content includes secondary packs for states in Brazil, a new Russia Corn agriculture pack and groups relating to the newly released Speedwell-Market platform.
To see our data inventory please click here.
29th Sept 2015.
Speedwell Weather today announced the release of the new Speedwell-Market platform.
Speedwell-Market is designed to facilitate weather hedging for energy firms by providing data and tools relating to 60 key reference sites in the USA, Europe and Australia. Data and tools for contracts based on HDD, CDD and Cumulative Average Temperature for monthly and seasonal structures are shown.
Click here for more information on Speedwell-Market
Click here to go to the Speedwell Market Futures Dashboard
12th August 2015.
Speedwell SuperPack® makes available an unprecedented range of quality historical weather data and weather data feeds for a single annual fee: recent additions
include expanded coverage in Germany, Sweden and Finland, addition of solar radiation data sets in the USA and further data for
Saudi Arabia,
Myanmar
and Malaysia.
Click to see the primary archive which offers immediate access to over 20,000 sites via web or Speedwell
API. SuperPack is used by companies involved in energy, agriculture and weather-risk world-wide.
11th August 2015.
Speedwell Weather today announced additional coverage for the agricultural module of its Commodity Product.
Speedwell Weather has been expanding the service to track weather information related to every major crop producing region in the world including
barley, citrus, cocoa, coffee,
cotton, maize, oats, potatoes, rapeseed, rice, rye, sorghum, soybean, sugar beet, sugarcane, sunflower, tobacco, and wheat
.
Read more details about the expansion of Speedwell Commodity Product.
28th July 2015
Speedwell is pleased to announce the appointment of David Whitehead and Michael Moreno as joint CEOs of Speedwell Weather. David, currently Director of U.S. Operations, will be
responsible for group sales and will remain Managing Director of Speedwell’s U.S. subsidiary Speedwell Weather Corp, based in Charleston. Michael, currently Chief Technical
Architect, will become Managing Director of UK Operations and CTO and will be responsible for Speedwell’s technology strategy. Together Michael and David are charged with
leading Speedwell in the next stage of its business development.
More information on New Speedwell Weather Appointments
12th June 2015
SuperPack®, the unique weather data service which provides clients with unlimited immediate access to thousands of world-wide data sets continues to grow.
This month, additions include expanded coverage in Slovenia and Ukraine; more hourly data sets in Australia and new data sets covering growing conditions for Turkish
and US nut crops.
Click to see the primary archive which offers immediate access to over 20,000
sites via web or Speedwell API. SuperPack is used by companies involved in energy, agriculture and weather-risk world-wide.
20th May 2015.
SuperPack® update: New packs have been added covering ports in Argentina and Brazil. A new population weighted basket has been added for Iran. New Agriculture
groups are now available covering Philippines palm oil, rice and sugarcane. More quality-controlled data sets added for Australia, Poland and Turkey. Hourly rain is now
available for over 400 more German sites. Sites providing hourly temperature data have been added in Spain and the USA. Click here to see our
full data inventory
12th Apr 2015.
SuperPack®, the pre-eminent weather data package for users of weather data has been expanded further this month. Clients now have immediate access to over 16,000 sites via our web
site, API, ZEMA and FTP delivery methods. New data sets added in the last month include an expansion of European snowfall data, and new data sets covering palm oil and soy bean production areas. Please click here to see our data inventory
18th Mar 2015.
A new pack tracking growing conditions in the Brazil Robusta coffee growing area is now available to Commodity Product users and SuperPack users. Click
here to view the basket of 14 sites. These sites offer cleaned historical
data, cleaned feeds, smoothed climatologies and ensemble forecasts for daily temperature and rainfall.
Click here to see a recent alert on rainfall in this area.
4th Mar 2015.
SuperPack® update: New data packs have now been added for Denmark, Norway, Poland, Greece, Italy, Ireland, Sweden, Austria, Switzerland, Ghana and Chile. New commodity site groups
added for Livestock, Film Shoot locations and Solar Radiation. Please contact us for more information.
5th Feb 2015.
We continue to expand our range of high-quality observations in key agri-producing areas. New sites of cleaned temperature and rainfall data covering arabica coffee growing areas are now
available: Brazil Minas Gerais South and
Colombia
Coffee Arabica
13th Jan 2015.
GFS Model Change: clients are alerted to a major change in the GFS Operational model which will be reflected in Speedwell raw and downscaled forecasts from 1200 UTC 14th Jan 2015. Please
click here for more important information relating to the impact of this change
12th Dec 2014.
We are delighted to have won Environmental Finance’s Best Advisory/Data Firm 2014 for the seventh year in a row. Click
here for more information
21st Nov 2014.
SuperPack®, the pre-eminent weather data package for users of large volumes of weather data continues to grow: SuperPack subscribers now have immediate access to over 15,000 weather stations
world-wide and on-request access to our archive of over 100,000 weather stations. Click here for more
information
30th Oct 2014.
We are now offering solar radiation forecasts based on the ECMWF model in Europe. Please contact us for more information.
26th Oct 2014.
Speedwell announces the release of its data and forecast API. The WCF-based API allows SuperPack® clients to access historical
weather data and feeds for both hourly and daily weather elements directly from our database. SuperPack clients now have four methods of accessing data: via API, from the website, by FTP or
through Zema’s ZE interface. The considerable legal and administrative simplification offered by SuperPack –one contract, group-wide access, no data limits- is now matched by simplicity of
data acquisition. Please contact us for more information, User Guide and sample code.
30th Sep 2014.
Speedwell announces the release of the Speedwell Commodity Product. The Speedwell Commodity Product
is a platform designed to bring observed weather data and forecast information directly to the trader in a concise format for a wide range of global commodities. Version 1, released today,
monitors major world-wide crop-growing weather variables including precipitation, temperature, growing degree days and frost for over 30 crops in over 40 countries.
Click here for more information.
Click here to register for a free trial.
15th Sep 2014.
We are pleased to welcome our 20th SuperPack® client. We are delighted that SuperPack is proving of value to clients in the agri-risk sector as well as those in energy and
weather-risk-management. SuperPack provides clients with access to many thousands of world-wide quality data sets including agri crop based regional baskets. Historical and on-going data
can be accessed direct from the Speedwell web site using a variety of tools. For assimilation into internal system, data can be delivered as feeds by FTP, through Zema’s ZE platform or,
coming soon, directly via API. Click here for more information.
15th Sep 2014.
Speedwell SuperPack® subscribers now have access to over 6,000 sites offering hourly temperature feeds across the USA from the Citizen Weather Observing Program.
8th Sep 2014.
We now offering 3-hourly ensemble wind forecasts based on the ECMWF model in Europe. These are available for 10m and 100m heights and can be delivered as U and V components or as resolved
wind speed. Click here to see those site which are available off-the-shelf. Please contact us
for a trial or if you wish to discuss forecasts for your specific location(s).
1st Sep 2014.
We are delighted that Hannah Bennett, one of our UK-based meteorologists has today completed a solo crossing of the English Channel in a time of 13 hour and 36 minutes having started at
10.30 pm yesterday. This she did in aid of Sebastian’s Action Trust. Her route can be seen here. To make a donation please
click here
28th August 2014.
We are now able to offer data for over 2,000 rainfall and climate sites in Germany from Deutsche Wetterdienst. We are still assimilating this data but the initial coverage of daily
temperatures and precipitation can be seen here for the most northerly area of Germany. Speedwell
SuperPack® subscribers can access this data for no additional charge.
7th July 2014.
We are pleased to announce the release of SWS Version 10. The Speedwell Weather System is the dominant software for pricing weather risk and managing a portfolio of weather risk contracts.
SWS v10 is now 100% a .NET application. Other enhancements have been made to charts, security, logging and auditing. Click here for more information.
28th May 2014.
We continue to expand our agri-weather data sets and forecasts. We have added packs covering the main peanut growing regions of the United States, including southeastern states and the
Southern Plains. These packs provide cleaned historical data and ensemble forecasts based on both the ECMWF and GFS models.
2nd May 2014
Brazil Weather Data: we have greatly expanded our products in Brazil. Please contact us for high quality ensemble forecasts and weather data for key agri areas in Brazil.
10th April 2014
We continue to expand our agri-weather data sets and forecasts. We have added packs covering the Ukraine Soybean area, Iran Spring and Winter Wheat, cotton in Burkina Faso and Benin, Rabi
Rice in India and spring wheat in Morocco amongst others.
9th April 2014
We now offer 15 packs covering hydro catchment areas in China, Australia and Europe. These packs provide cleaned histories, cleaned feeds and ECMWF-based probabilistic ensemble forecasts
8th April 2014
Our list of available high-quality downscaled ensemble forecasts based on the ECMWF model continues to grow. We now offer over 2,000. We only produce forecasts where we also have high-quality
ground truth.
3th April 2014
We have added population-weighted data sets and forecasts for Argentina and Chile. These include a weighted basket of historical data and ensemble forecasts based on both the ECMWF and GFS
models.
20th February 2014
We are pleased to announce the release of SWS Version 9. 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
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 are 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