Course Description
The UK Electricity Market has been through dramatic changes over the last decade, and faces many challenges over the years to come. This course provides a comprehensive overview of the UK electricity market and is ideal for delegates wishing to understand the principles and practicalities of power operations in the UK.
The UK electricity market introduction one-day seminar provides an up-to-date overview of all the key factors and trends in this fast-moving market.
Course Content
Hover over the Module Titles for more information.
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- Power Generation
- Networks
- System Operation
- Supply
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- Market segments and players
- How does the market work?
- Overview of the market codes
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- Balancing Mechanism
- Energy Imbalance & Cashout
- Settlement
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- Risk
- Trading
- Trading Products
- Spreads, swaps and options
- Trading book management
- Mark to market
- Value at Risk
- Credit risk management
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- Energy and the environment
- Kyoto etc
- UK policy on Climate Change
- The RO, CCL & ETS
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- Impact of Plant Closures
- New Capacity
- Capacity Development
- Key Targets
- Renewables
- 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 electricity market for:
- new staff in existing power players | new market entrants
- experienced staff from other areas moving into electricity
- lawyers, consultants, and officials with an interest in the energy market
Download the course outline here.