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<nettime> "Lel Bruce Peto" showing info on degree days
info on Sun, 20 Jul 2003 07:05:04 +0200 (CEST)


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<nettime> "Lel Bruce Peto" showing info on degree days


"Lel Bruce Peto" showing info on degree days

degree day
Degree days are measured as the number of degrees above or below a 
standardized temperature on any given day. In winter, US traders track 
heating degree days week by week, or month by month, normally against a 
standard temperature of 65F, on the basis of how many degrees of heat are 
required to bring municipal office buildings up to this temperature. Five 
days of heating by 2 degrees, for example, equals 10 heating degree days. 
In summer, the market tracks cooling degree days.

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