Business categories with potentially strong weather sensitivity:Agricultural
- Strategic & operational planning
- Irrigation requirements
- Timing of planting & Harvesting
- Pesticide applications
Construction
- Impact of seasonal climate variations on housing starts
- Weather induced construction delays
- Weather & climate impacts on energy efficiency
- Climate change impact on building code standards
Energy
- Energy demand & load forecasting
- Planning fuel purchases; offsetting fuel price fluctuations
- Siting renewable energy sources (wind & solar)
- Impacts of climate change on all of the above
Insurance
- Flood & wind risk assessment
- Risk assessment model evaluation
- Outdoor event wind/temperature/rain insurance
- Crop loss protection
Retail/Manufacturing
- Weather & climate impact on winter & summer clothing sales
- Beverage sales/distribution during heat waves
- Hurricane forecast impact on plywood distribution
- Hurricane landfall impact on generator distribution
- Adverse climate & weather protection using weather derivatives
Transportation
- Weather impacts on air traffic delays
- Offshore shipping and severe weather
- Weather stresses on highway infrastructure
- Planning roadway deicing capacity
Water Resources/Hydrology
- Coastal erosion and sediment transport
- Offshore shipping and severe weather
- River flow/flooding concerns
- Ice occurrence and river level impacts on inland shipping
Examples
