Course description
Energy Academy: Module 4 - Coal, Carbon and Electricity Markets
A foundation to intermediate level programme to provide participants with an introduction to commodity trading across the oil, gas, coal, electricity, and renewables markets. The course will provide insight into each of the energy commodities, their global supply and demand characteristics and how they are traded physically and with derivative financial instruments.
We will examine the role of risk management and hedging and best practices and strategies for the trading of energy commodities. In addition, the programme will cover the latest developments in the biofuel, petrochemical and renewable fuels and how they are changing strategies associated with traditional energy commodities. Each module will also show how differing energy commodities interact with each other and with other commodity groups
This is a highly interactive course with exercises designed to increase participant engagement and uses up to date material and many real-world examples. Each module of the course will feature trading simulations that allow participants to use the knowledge they have built to develop trading strategies in an interactive environment.
Upcoming start dates
Who should attend?
Who Should Attend?
This course would be useful for those looking to increase their understanding of energy commodities and trading and risk management. It is particularly relevant to:
- Middle Office, Back Office and Operations staff in Energy Trading Companies
- Junior Traders
- Commodity Analysts
- Commodity Sales and Marketing Professionals
- Compliance and Regulatory Professionals who wish to understand the basics of trading
- Lawyers and Legal Professionals who wish to understand the basics of trading
Training content
Day 9: Module 4 – Coal, Carbon and Electricity Trading
The Global Coal Market
- Different grades of coal and coke and their specifications
- Global supply and demand and likely changes over the coming years
- Coal shipping
- Physical coal contracts
- The evolution of coal derivative markets
- How coal interacts with other commodity markets
Emissions and Carbon Trading
- The Kyoto and Paris Agreements
- The Evolution of emissions trading
- The CDM mechanism
- Cap and trade trading schemes and how they work
- The European ETS
- Review of other ETS schemes globally and likely future development
- Carbon offsetting and the voluntary market
- How carbon interacts with other commodity markets
The day will be backed up with exercises and worked examples
Day 10: Module 4 – Coal, Carbon and Electricity Trading
Electricity and Power markets
- What is electricity and what is different about it compared to other commodities
- The electricity industry, types of power generation
- Traditional power generation fuels, their supply and demand and current and future developments
- Renewables their supply and demand and current and future developments
- Transmission and the global supply differences
- The wholesale and retail markets
- Merit order pricing models
- Electricity trading and electricity derivative markets
- How the electricity and power markets interact with other commodity markets
Accompanying exercises and worked examples and our electricity trading simulations,
TRADING SIMULATION 6 - Balancing electricity supply and speculative trading 2 Hours
#BBD0E0 »Costs
Course fee: £2645 + VAT
Certification / Credits
Learning Outcomes
- Participants will gain an understanding of the fundamentals of energy commodities
- Participants will be introduced to physical and derivative trading of energy commodities and how they are linked
- We will explore current market trends and likely future developments with the use of many up to date exercises and examples
- Participants will discover how energy markets and other commodity markets are linked and how to use this knowledge to develop effective trading strategies
- Using our simulations Participants will have the opportunity to apply what they have learnt to practice trading energy commodities often simulating real historical tie periods and events.
Why choose Euromoney Learning?
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60,000 professionals trained across public courses
80+ countries where training is delivered
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Euromoney Learning
At Euromoney Learning, we understand that learning doesn’t start and end when you leave the classroom. We know that the financial markets never stand still, and that technology has both simplified and added complexity at a break-neck pace. That’s why...