The objective of this seminar is to understand the dynamic of gas and electricity prices, identify the risk factors that impact prices and outline the different hedging strategies.

Upon completion of the seminar, participants will be able to:

• Understand the structure of the European and international gas & electricity markets
• Identify the drivers that impact prices
• Discern the risks and uncertainties in the market
• Understand hedging mechanisms
• Define the steps in a hedging strategy

This seminar is intended for professionals in the energy market concerned with the supply of electricity and gas, particularly: economists, european & international market analysts, buyers, strategists & planners, finance & accounting managers, and leaders of gas, electricity, and industrial firms. Also, local authorities and IPPs stand to benefit.

Case studies will be explored and the concepts learned during the seminar will be put into practice. Quality teaching materials will be provided during the seminar.
Seminars are limited to 12 participants.

Session 1 The purchase price of gas in the international market
Session 2 The European gas market
Session 3 Risks and uncertainties in the European gas market
Session 4 Gas risk hedging strategies
Session 5 The cost of electricity production
Session 6 The European electricity market
Session 7 Risks and uncertainties in the European electricity market
Session 8 Electricity risk hedging strategies