UK GAS MARKETS
one day seminar
Gas markets throughout Europe are undergoing significant changes as liberalisation and competition emerge. The UK has the most liberalised gas market in the world, and has seen almost continual change and development from 1990 to the present day, with further changes expected due to ongoing market evolution and the forecast UK gas gap.
MJMEnergy's UK gas market seminar provides
an informative one-day introduction covering
all the key areas of this complex, fast-moving
market.
Download course outline (1.4MB) pdf
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- Introducing natural gas
- Global gas context
- UK gas supplies
- Gas transportation in the UK
- Gas consumption
- Gas supply/demand matching and storage
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- Types of player
- How does the market work?
- Gas market segments
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- Introduction to the Network Code
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Overview of key sections
- Entry-Exit
- Entry Regime
- Supply Point Administration
- Demand estimation
- Modification process
- Balancing under the Network Code
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- UK gas supplies
- Peak gas supplies
- EU competition issues
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- Seasonal but unpredictable demand
- Role of weather, economic & social factors
- Limited supply flexibility
- Long pipelines, joint production, contract terms
- Balancing and storage
- Different operational regimes, high cost of storage
- Gas price behaviour
- Volatile, seasonal prices
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- Supply
- Balancing
- Exploiting assets
- Arbitrage
- Risk management
- Speculation
- Whilst we always allow time for questions during the course of the day, it always helps to have a discussion time at the end.Questions, discussion and close
- 6th July 2010 - Oxford
- 4th October 2010 - London
We reserve the right to change the venue, dates and programme at our discretion.
- new staff in existing gas players
- new market entrants
- experienced staff from other areas moving into gas
- lawyers, consultants, and officials with an interest in the energy market
CPD Credit now available for all participating Solicitors* and Accountants**
*All of our courses are CPD accredited by IGEM
(The Institute of Gas Engineers and Managers)
and The Solicitor's Regulation Authority.
**Attendance may also contribute to meeting
requirements under the terms of the ICAEW's CPD
policy for accountants. (Visit www.icaew.co.uk
for full details).