Historic wind drought sends utilities scrambling for new kind of cover

Several months this year redefined the 'worst case scenario' for wind droughts, causing a surge in interest in weather derivatives as a tool to hedge against such events

An RWE wind farm in Germany that was one of many victims of this year's historic wind drought in northern Europe.
An RWE wind farm in Germany that was one of many victims of this year's historic wind drought in northern Europe.Photo: RWE
Published 4 July 2025, 03:00Updated 4 July 2025, 03:00
GermanyEuropeBelgiumNetherlands