Weather forecasters are finding a lucrative niche in Japan’s power-trading boom, selling hyper-specialized data to firms seeking an edge in one of the world’s most volatile electricity markets.
Weathernews is among a handful of companies cashing in on demand for meteorological data. The Tokyo-listed company’s shares have surged 50% in the last year as investors bet on its expanded use of artificial intelligence, among other factors. The firm says it’s supplying — or is in talks to provide — data to several dozen power traders, about a third of which are based outside Japan.
"Two or three years ago, we weren’t in touch with any overseas firms looking to use our services for trading power,” said Ya
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