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25% of National GDP affected by weather

Our daily behaviour is to a great extent influenced by weather conditions. Here are just a few examples:

  • When temperatures are down, the use of heating systems has an impact on national energy suppliers as they need to balance energy production with supply and demand,
  • Wind energy production increases dramatically with storms and is very volatile,
  • Good consumption can vary up from one week to another up to 70% depending on weather conditions (temperature, sunshine, rain etc)

The concentration in a city, a region or a country of these individual behaviours influenced by the weather results in wide fluctuations in consumption that strongly impact producer and distributor activity.

Weather risk is thus present in a wide range of economic activities:

  • Agri-food production,
  • Agricultural production (yield, volume),
  • Renewable energy production,
  • Energy consumption
  • ...

Metnext's experts have strong experience in quantifying and managing weather risks at regional or country level, in Europe & Africa. Contact us for