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Managing weather risk requires faith in the forecast

机译:管理天气风险需要对天气预报充满信心

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Weathermen titled it the "Storm of the Century." Airports cancelled flights at its mere mention. Schools closed. Businesses hunkered down. And power companies prepped crews for the worst. But the worst never came, symbolizing the inherent flaw of weather predictions: They are simply predictions, not facts. No one can guarantee the sun will shine tomorrow, nor that the snow will come. However―Storm of the Century aside―a number of companies, including Weather Services International, Earth Satellite Corp. and WeatherMarkets.com (a division of Plan-alytics) bank on their estimates about tomorrow's weather, along with just how warm it will be next week. And they sell those educated guesses to power generators, utilities and major energy traders. "The gas industry used to be our major energy client base," said Matt Rogers, manager of energy weather services for Earth Satellite Corp. "But power, from big distributors and marketers like Enron and Duke to local utilities, is becoming as big╚Dor bigger―for us now."
机译:气象员将其称为“世纪风暴”。仅仅提及机场就取消了航班。学校关闭。生意往下走。电力公司为机组人员做好最坏的准备。但是最糟糕的时刻没有到来,这象征着天气预报的固有缺陷:它们仅仅是预报,而不是事实。没有人能保证明天会发光,也不会保证下雪。但是,“撇开世纪风暴”,包括气象服务国际公司,地球卫星公司和WeatherMarkets.com(Plan-alytics的子公司)在内的许多公司都对明天的天气以及天气的温暖状况进行了估算。下周。他们将这些有根据的猜测出售给发电机,公用事业和主要的能源交易商。 Earth Satellite Corp.能源天气服务经理Matt Rogers说:“天然气行业曾经是我们的主要能源客户基础。但是,从大型分销商和市场营销商(如Enron和Duke到本地公用事业),电力正变得越来越重要╚大得多-现在对我们来说。”

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