ForecastWatch April Wrap-up and News

A look back at ForecastWatch blog posts and ClimateWatch newsletters over the last month.

May 06, 2024

April Wrap-Up

Weather Impacts on Energy Trading

Weather plays a vital role in the world of global energy trading and market trends. Energy trading involves buying, selling, and speculating on energy products such as electricity, natural gas, and crude oil. In the energy trading industry where uncertainty is a constant and market dynamics are influenced so much by weather, energy traders need advanced technologies such as better radar coverage, unique weather observation data, and AI-driven models to effectively mitigate weather-related risks and capitalize on opportunities in the energy markets.

Artificial Intelligence Improves Flood Forecasting

According to a new study, artificial intelligence weather forecasting models could improve the accuracy of flood forecasting. The new AI system is shown to be as accurate, or more accurate than, current leading methods, providing earlier lead times and warning times of large flooding events. Current forecasting methods are limited by their reliance on stream gauges, which are not distributed evenly across the globe, especially in developing countries. The new AI model is able to predict daily streamflow in un-gauged watersheds over a seven day forecast period.

Subscribe to the ClimateWatch newsletter!

A couple months ago, our parent company Intellovations LLC launched a newsletter called ClimateWatch!

The goal is to bring you the week's most pressing climate issues, impacts, trends and forecasts, groundbreaking innovations, and actionable tips in our weekly newsletter dedicated to keeping you up-to-date on climate information. In the future, the plan is to include in-depth analyses from our experts in the newsletter. 

Check out the newsletters from April:

Weather App Icons Can Be Pessimistic

It was recently revealed that BBC’s weather app selects the gloomiest forecast when choosing forecast symbols for the day. It was confirmed that the weather symbol of the day is chosen to reflect the weather conditions that are likely to have the greatest impact on people’s lives. Although the BBC emphasized that the selection of the day’s weather symbol does not affect the accuracy of its forecasting, it could impact businesses’ or the public’s perception of the forecast.

Were the Weather-predicting Rodents Correct in 2024?

On February 2nd, numerous rodents arose from their slumber to offer a weather prediction for either an early spring or six more weeks of winter. In one of our previous blogs, we shared the predictions of four groundhogs. Were their predictions correct? In this blog post, we take a look at temperature, precipitation, and bloom observations to determine which, if any, of the groundhogs’ predictions were correct.

Have you followed us on social media yet?

We are on social media to let you know what is happening at ForecastWatch, keep you up-to-date on our latest reports and services, and to have a little fun. If you haven't already, give us a follow on Facebook, Instagram, LinkedIn, and Threads!

Welcome to our new newsletter! You are receiving this email because you opted in via our website. If for any reason you have changed your mind and no longer wish to hear from us, you can unsubscribe by clicking the link at the bottom of this email. We really hope you don't because we're looking forward to sending you interesting information in the months ahead.