Forecasting Extreme Cold Snaps in the Midwest/Northeast U.S.

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Forecasting Extreme Cold Snaps in the Midwest/Northeast U.S. Dr. Alexander Gershunov Dr. Kristen Guirguis Stephen Bennett, JD Special thanks to SPHEAR’s 2009-2010 Industry Partners Citadel Investment Group Susquehanna International Group Chesapeake Energy

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Special thanks to SPHEAR’s 2009-2010 Industry Partners Citadel Investment Group Susquehanna International Group Chesapeake Energy. Forecasting Extreme Cold Snaps in the Midwest/Northeast U.S. Dr. Alexander Gershunov Dr. Kristen Guirguis Stephen Bennett, JD. Research Question. - PowerPoint PPT Presentation

Transcript of Forecasting Extreme Cold Snaps in the Midwest/Northeast U.S.

Page 1: Forecasting Extreme Cold Snaps in the Midwest/Northeast U.S.

Forecasting Extreme Cold Snaps in the Midwest/Northeast U.S.

Dr. Alexander GershunovDr. Kristen GuirguisStephen Bennett, JD

Special thanks to SPHEAR’s 2009-2010 Industry Partners

Citadel Investment GroupSusquehanna International

GroupChesapeake Energy

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Research QuestionCan we develop new methods for predicting

the severe shocks in natural gas consumption and natural gas price

associated with severe cold outbreaks in winter?

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2009/2010 – How cold was it?

Nov - Mar Dec - Feb

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Define EventsScripps Severe Cold Index – Reanalysis

Calculation

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Scripps Severe Cold Index

• Uses data : 1948-2010

• Local threshold calculated for each location (5th percentile)

• For each day and station, the number of degrees below the threshold is recorded

• The SSCI is the average of all local threshold exceedances

℗ Process Patent PendingUniversity of California San Diego

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Europe/Mediterranean: 20th Northern Europe: 51st

Central Asia: 52nd

Russia: 55th

Far East: Warmest

Canada: 2nd

Alaska/Yukon: 3rd

Eastern U.S.: 9th

℗ Process Patent PendingUniversity of California San Diego

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℗ Process Patent PendingUniversity of California San Diego

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Scripps Severe Cold Index: Midwest/Northeast U.S.

Station Calculation

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Primary Findings

Several synoptic signatures indicate a statistically significant signal with a lead time of 20-30 days when linked to the incidence of severe cold outbreaks.

℗ Process Patent PendingUniversity of California San Diego

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Operational Case StudyNovember 22, 2009

Based on SPHEAR analysis – it appears that the risk for a severe cold outbreak is less than 5% between today and December 1, 2009.

However, models indicate that several significant variables appear to be developing after December 1st

that tend to precede severe cold outbreaks by about 5 days.

Additionally, some currently observed variables appear to have a significant link to outbreaks at a 10-20 day lead.

The probability for a severe cold outbreak between December 1st and December 25th is estimated to be greater than 50%.

℗ Process Patent PendingUniversity of California San Diego

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Scripps Severe Cold IndexWinter 2009/2010

℗ Process Patent PendingUniversity of California San Diego

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Scripps Partnership for Hazards and

Environmental Applied Research

Executive DirectorStephen Bennett

[email protected]