Course Description
As the UK and Europe as a whole become increasingly dependent on gas imports and as trading markets develop, gas storage is becoming an increasing important tool for players in the liberalising markets of the UK and Europe.
This one-day course provides an overview of
the key issues in gas storage, including the
rationale for storage, technologies used,
storage services and regulation, storage
projects and the crucial question of how to
value storage in the competitive market.
Course Content
Hover over the Module Titles for more information.
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- Balancing supply and demand
- Security of supply/strategic storage
- Optimising contracts/production
- Trading flexibility
- Optimising transmission system/providing hub services
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- Injection, withdrawal and space
- Salt cavity, depleted fields and aquifiers, LNG, mines etc
- Overview of storage facilities and operators in Europe
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- Traditional approach to storage sales
- Storage in liberalised markets
- New build storage and exemptions
- Storage services on offer
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- What does it cost to build and operate storage?
- Valuing storage
- Storage prices
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- Techical and engineering issues
- Consent and planning
- Project structure
- Overview of current projects
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- The location
- The history
- The starting point
- Description of the project
- Environmental and planning issues
- Construction work required
- Characteristics of the new facility
- Connection issues
- Regulatory issues
- Commercial issues
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- The key factors that affect gas storage projects
- A global perspective
- Factors affecting supply
- Factors affecting gas demand
- Gas market liberalisation scenarios
- The impact of other gas storage projects
- Summary of the key drivers for gas storage
- Overview of gas storage in North West Europe
- 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
The seminar is ideal as an introduction to the gas market for:
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 | Government officials | Industry press