Energy Risk: Trading, Risk Measurement and Risk Control

27 – 28 of April 2017, SINGAPORE

About The Course

If you are involved or interested in the energy industry at any level, you need to understand the various risks, their measurement, control and management in these volatile and often erratic markets.

This training provides you with a good overview of economic, modelling, organisational and procedural topics to successfully gauge and manage your energy exposure. Key learnings will be exemplified with concrete, practical examples of the concepts discussed.

Learning Outcomes

  • The markets for trading energy products in electricity, gas and oil, with other energy commodities being mentioned as appropriate
  • The specific sources of risk in energy markets, and how to identify, measure und price those risks practically in the mid- and front-office
  • Your options to mitigate, hedge and manage energy-specific risks
  • Procedural and organizational best-practice considerations to control and profit from energy risk in your organization
  • Hands-on practical examples for the topics discussed
  • You will also be able to ask specific questions relating to your work and organization and discuss them with the trainer and other attendees

Who Should Attend

  • Energy industry managers
  • Policy makers and regulators
  • Risk managers
  • Physical and financial exchange staff

 

There are no prerequisites to attend this course, but a basic understanding of the energy industry and derivative markets will help.

Course Faculty - Matthias Obert

Matthias Obert was Head of Power & Gas at SGX until September 2015 and responsible for the development of the energy business within SGX, comprising derivatives in electricity, LNG, oil and petrochemicals, as well as physical energy business in electricity, gas and LNG.

Prior to SGX, he worked with RWE Supply & Trading as Senior Investment Manager Principal Investments as well as Chief Operating Officer Sales & Origination in London and Geneva. Before this, he was a Consultant with McKinsey & Company, working for European and international clients in the energy, materials and wholesale banking sectors.

Mr. Obert holds a diploma in industrial engineering as well as a doctorate degree from the University of Karlsruhe, Germany, and an MBA from the University of North Carolina, Greensboro, USA.

CASES AND EXAMPLES

  • Risk management organisational examples
  • Market and credit risk modelling introduction
  • Fundamental model of a power market
  • Hedge ratio estimation
  • Master agreement walk-through
  • Loss-given-default estimation
  • Credit default scoring
  • Margin calculation and payments
This training course has a limited attendance for up to 20 participants only. Sessions commence at 9am on all days, with short intervals at 10.30am and 3.30pm respectively. Refreshments will be provided in the short intervals. Lunch will be provided at 12:30pm for 1 hour. Sessions will end at 5pm on all days.

Unique Features with powerEDGE Training

• Pre-Course Questionnaire to help us focus on your learning objectives
• Detailed Course & Reference Manual for Continuous Learning and Sharing
• Practical Exercises & Case Examples to better understand the principles
• Limited class size to ensure One-to-One Interactivity
• Assessment at the end of the course to help you develop a Personal Action Plan