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THE ECOVA BLUEPRINT
Your guide to total energy and sustainability management. Learn more.
“Extreme” is the popular headline word used to describe weather conditions that caused the record spot energy prices of January 2014. Since extreme has become overused in everyday language, risk managers need to reach past the headlines and ask “how extreme” was the weather? Should we expect similar conditions once in a hundred years, or much more frequently?
The below map from NOAA offers a simplified way to answer that question. It ranks the average temperature of a given calendar month...