WHOLESALE ELECTRICITY MARKETS

26 - 27 AUGUST 2019, KUALA LUMPUR, MALAYSIA

About The Course

The course will provide a good overview of electricity markets and electricity futures markets around the world, their stages of development, and a first-hand in-depth understanding of the challenges facing nascent power markets when launching a forward or futures market, options of addressing these challenges through product design, incentives, industry engagement and other measures. The course explains the positive effects of a futures market, the new opportunities it brings for utilities’ risk management, as well as regulatory questions.

Learning Outcomes

  • Various electricity markets around the world
  • The business, social and economic benefits of power market liberalization
  • Successful project setup for power market liberalisation
  • Product types and product design that fits the underlying physical electricity market
  • The history and experience of creating electricity futures markets
  • The crucial function of market making in futures, and what functions the market maker has to perform
  • Information sharing and surveillance in futures market that are necessary for market participants to trust and use the market
  • Best/practice risk management in a utility operating in liberalized energy markets
  • Resulting organizational setup of the utility

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.

Expert Course Faculty

Our trainer works as a consultant in the areas of energy trading and energy risk management for clients in Europe and South-East Asia.

 

He 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.

 

The trainer 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.

TOPICS COVERED

Overview of physical and financial power markets

Regulatory intentions of creating a futures market

Successful product design depending on a given physical market

Risk management in utilities using derivatives

Market making for futures, and incentives for market making

Information disclosure for futures markets

Market surveillance for futures market

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