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Certificaten Doel Definitie
Low Sunhours Season Certificate (Cumulative Index in h) Payout when there is below average sunshine (h) during the period. Under this Certificate, the Client will receive a fixed amount of [Payout] for every h that the cumulative sunshine is below [Strike] h up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date]. The cumulative daily sunshine is defined as the sunhours measured by the independent national meteorological station.
Low Global Radiation Certificate (Cumulative Index in KWh/m²) Payout when there is below average radiation (KWh/m²) during the period. Under this Certificate, the Client will receive a fixed amount of [Payout] for every KWh/m² that the cumulative radiation is below [Strike] KWh/m² up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date]. The cumulative daily radiation is defined as the radiation measured by the independent national meteorological station.
Dry Spell Certificate (Dry Periods) Payout when there are above average consecutive dry days during the period. Under this Certificate, the Client will receive a fixed amount of [Payout] for every Dry Day of the Dry Spell Index after the [Strike] of such Dry Days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date]. A Dry Day is defined as a day on which the Daily Rainfall measured by the independent national meteorological station is below [Threshold 1] mm. A Dry Spell is defined as the number of consecutive Dry Days with a minimum length of [Threshold 2] Dry Days. The Dry Spell Index is defined as sum of all Dry Spells during the specified period.
 

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