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Map of regions covered by the 122 Weather Forecast Offices. The National Weather Service operates 122 weather forecast offices. [1] [2] Each weather forecast office (WFO or NWSFO) has a geographic area of responsibility, also known as a county warning area, for issuing local public, marine, aviation, fire, and hydrology forecasts.
The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...
The first weather derivative deal was in July 1996 when Aquila Energy structured a dual-commodity hedge for Consolidated Edison (ConEd). [1] The transaction involved ConEd's purchase of electric power from Aquila for the month of August. The price of the power was agreed, and a weather clause was embedded into the contract.
The Big Blue said Tuesday it plans to continue using The Weather Company's weather data for its software offerings focused on environmental insights. IBM sells weather business to private equity ...
A conditional sale is a real estate transaction where the parties have set conditions. [1] [2] A standard real estate transaction usually begins when a prospective purchaser submits an offer to purchase to the vendor of a property. As in a standard offer, a conditional offer sets out the terms of the sale such as the purchase price, the date of ...
A wide range of capital providers make markets in weather risk. To date the weather risk management trading market is primarily made up of dedicated weather trading operations, such as Nephila Capital Ltd, Galileo Weather Risk Management Advisors LCC, Swiss Re, RenRe, and Coriolis Capital, who execute trade orders in weather or weather-contingent commodity trades, the trading desks of ...
AccuWeather, Inc. is a private-sector American media company that provides commercial weather forecasting services. AccuWeather was founded in 1962 by Joel N. Myers, then a Pennsylvania State University graduate student working on a master's degree in meteorology.
Microsoft's Aurora system offers global 10-day weather and 5-day air pollution (CO 2, NO, NO 2, SO 2, O 3, and particulates) forecasts with claimed accuracy similar to physics-based models, but at orders-of-magnitude lower cost. Aurora was trained on more than a million hours of data from six weather/climate models. [83] [84]