A parametric put built on the operator’s own SCADA generation data.
Wind generation shortfall · $528k EL
Inside the tool
What the underwriter actually works with.
A representative view of the Custom Index workspace for this scenario — coverage setup, the trigger ladder, and the priced result side by side. Figures are illustrative.
Index build
Client SCADA · 220 MW wind farm
Source
631k 10-min recs
Index
Q2 capacity factor
Fit
Beta (KS p=0.74)
Payoff
Put / strikes
Fitted distribution
Empirical vs Beta CDF
Put ladder
Expected payout
$528k
per year
Mean CF
38.4%
Q2
Std dev
4.1pp
Fit KS p
0.74
Beta
Risk to decision
How the deal comes together.
Problem
A 220 MW wind operator earns less in a low-wind quarter but has no standard weather-station index that matches its turbines. What it does have is 12 years of its own SCADA generation data.
Structure
Akshi ingests 631k 10-minute records, builds a Q2 capacity-factor index, fits a Beta distribution (KS p=0.74), and prices a put paying below 34% and 31% capacity factor.
Evidence
The designed index series, empirical-vs-fitted CDF, and simulated-vs-historical payout are all inspectable, with basis risk documented rather than buried in the price.
Decision
Expected payout $528k/yr on a defined, auditable index the operator’s own data supports. Illustrative only.
See it on your own risk.
Enter the platform to structure and price this kind of deal end to end.