Gas Market Flexibility Intruments
1-2 October 2012, Amsterdam

Gas storages & swing contracts

This two day course on flexibility instruments in the natural gas market is focusing on gas storage, swing and take-or-pay contracts. The purpose of the course is to provide a better understanding of flexibility instruments, their value drivers, risk factors, portfolio management, trading and hedging strategies.

In the course we will study how flexibility instruments fit into a company's portfolio to manage demand variations. You will learn how to value the instruments, how to use them in a portfolio of products and assets, and develop trading and hedging strategies around them. The course explains various contract structures, including oil indexation, penalty structures, period quantity constraints, make-up and carry-forward rights.

Who should attend?

The course aims to attract a wide range of people active in the natural gas value chain, including energy traders, asset developers, portfolio and risk managers, energy market analysts, regulators and consultants. The course does not require any specific pre-knowledge. The instructors are used to present technical details in an intuitive manner, both appealing to quantitative and non-quantitative people.

Case study and Trading game

The course is highly practical: throughout the course several case studies will be worked out with specialized analysis models for storage and swing (Take-or-Pay) contracts. The models will be provided for the duration of the course plus a month thereafter. Apart from case studies, the course also features an energy trading game. The goal is to optimize a portfolio of energy customers, while trading in the market and optimizing the storage and swing products.

Reviews from previous delegates:

”I highly recommend this course, as it gives insights in the product complexity in a quantitative and economic approach. It brings a strong understanding of the challenges and propose clear solutions. Highly appreciated the openness of the teachers also towards their proprietary models and their readiness of discussions in the details. ” - Roberto Frassanito, Energy Structured Management, CW&CEE at EGL Trading AG

“I can highly recommend this course if you are starting out building a storage model, or indeed just want to know a little more about the models that are used in the Gas industry. The accompanying material is also a valuable resource to have at your disposal. Useful course, run by nice guys, in a great location - what more can you ask? “ - Ben Evans, Quant Trading at WINGAS GmbH

“The course was very interesting and everything was well organize. I can recommend it.” - Alice Sozzi, Gas Risk Controlling at E.ON

Venue

To be confirmed

 

Welcome to join us in Amsterdam in October!

 

 





Price: 2475 €

Registration at least 6 weeks prior to course: 10% discount

Multiple registrations from the same company: 10% discount/person

 

For further information

If you have any questions or want to order the brochure, please send us an email:

Linus Akerblom
linus.akerblom@energyforum.com