Course Description
Formerly called UK Gas Trading and Risk Management
The UK gas trading market is the most liquid in Europe, and is known for its high volatility and sometimes extreme prices. The UK gas - hedging & optimisation one-day seminar provides a practical overview of the UK gas trading market and explores risk management and optimisation strategies for gas market players. The course includes a review of key drivers in the UK gas market, and the popular gas trading exercise, which gives delegates a hands-on experience of gas trading. Risk management workshops provide practical applications of hedging strategies to company positions. The course is an ideal learning point for the complexities of hedging and optimizing UK gas contracts, portfolios and commitments.
Course Content
Hover over the Module Titles for more information.
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- How the gas market works
- Design principles
- Operating practicalities
- Regulation and rules
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- Power Generation
- Storage
- Swing
- Meeting Peak Demand
- New Projects
- LNG
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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
- Volatility of gas price behaviour
- Seasonal and event-based prices
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- Derivative contracts
- 'Call' and 'put' options
- Strike price
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- Participants
- Exposure and Optionality
- Types of player
- Risks faced
- Inherent optionality
- Contracts
- Physical position
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- Learning how to think and act startegically in partly unpredictable circumstances of supply and demand
- dealing in teams in our very own 'Over the Counter' market.
- 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 for:
Risk managers and commercial operators | Traders and middle and back office staff | Commercial managers | Financial managers | Market analysts | pricing analysts
Our terms & conditions are available here.