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Hedging Against Wind Variability: A Risky Business?

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Last May, renewable energy risk analysis company 3TIER and weather risk management outfit Galileo announced the launch of WindLock – a financial product designed to assist the wind power industry in hedging the financial risk of wind variability. So, how has the product been received by the industry – and can it, and products like it, ever replace the need for real-time on-site data collection?

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Hedging Against Wind Variability: A Risky Business?

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