Climate, Weather
and Business
10/29/2024 / The share of renewable energy in the electricity grid is growing, but the intermittent nature of solar and wind power is driving up balancing costs and increasing financial risks for companies. A major European energy company recently found that the EURO1k weather model from Meteomatics reduces imbalance costs by up to 20%, significantly outperforming other models.
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08/26/2024 / As the energy markets brace for the latter half of 2024, evolving seasonal weather patterns will influence everything from natural gas prices to heating oil futures. Chris Hyde, Senior Sales Manager and Meteorologist, offers a detailed outlook that could be crucial for traders focused on hedging strategies, demand forecasting, and optimizing portfolios.
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05/03/2024 / Experts predict a highly active 2024 Atlantic hurricane season, with a near-record 23 named storms, 11 hurricanes, and 5 major hurricanes due to warmer ocean temperatures and weather pattern changes. Read on for insights on the heightened risk to the U.S. and Caribbean.
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12/19/2023 / "Weather isn't just a topic for small talk; it's a pivotal factor in retail success.” In this article, we explore how Meteomatics leverages sophisticated weather forecasting tools to empower retailers, during the final week of holiday shopping. By tapping into these tools, retailers can strategically plan for a lucrative opportunity by accurately predicting weather patterns.
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09/08/2023 / Hurricanes are amongst the most violent and damaging of Earth’s natural disasters. Fortunately the mechanisms which cause them to develop are well understood, and the behavior of a hurricane over its lifetime can be well predicted by modern weather models. In this article we describe what hurricanes are and how they are formed, as well as how weather data can be used to mitigate their impact.
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07/27/2023 / As record-breaking heat scorches a large swath of the U.S., Meteomatics North America CEO, Paul Walsh, discusses the escalating health risks and economic impacts with Fox Weather. Emphasizing the "Dome of Doom" phenomenon, he underscores the urgency of proactive education and data-driven measures to help prevent disaster.
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07/19/2023 / A study finds climate change is projected to result in a 52% surge in heavy rainfall events in the American Northeast. U.S. CEO Paul Walsh discusses the economic implications and heightened importance of dealing with what could be another billion-dollar disaster with Fox Weather.
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07/13/2023 / Despite El Niño, long-range forecasters at Colorado State University expect a busier Atlantic hurricane season, and now’s the time to prepare your business. Fox Weather invites Paul Walsh, CEO of Meteomatics North America, to share insights into the updated forecast.
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06/05/2023 / In this article, we explore why wildfires occur, how climate change is affecting their impact, and how to prepare for and manage wildfires.
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06/02/2023 / In this article we’ll explore the causes and consequences of El Niño on businesses and the economy, and discuss the possible implications for the planet during the coming event — and how to prepare for it.
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04/26/2023 / 4 Ways Retailers Can Use Meteomatics Precision Weather Data and AI to Plan for Cold Weather in Spring
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03/16/2023 / How cocoa traders can use Meteomatics' weather and climate data to gain a better understanding of its effects on cocoa production.
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02/07/2023 / Barbara Scherrer and Thomas Eldridge, two of our meteorologists, provide further insight on climate change in this interview.
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03/02/2022 / Varginha, Currency, Herb: How Changing Weather Patterns Created a Brazil Coffee Shortage Which Damages the Local Economy.
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11/18/2021 / The Great Grape Squeeze: Severe Weather and Rising Demand for Wine
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08/12/2021 / Climate Change May Double Area Annually Burned by Wildfires in California Within the Next 30 Years
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08/05/2021 / Knowing about climate and weather impacts on agriculture land in advance leads to several benefits. How Will Climate Change Impact You? Get Data-Based Evidence Now!
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