15th January 2020 all-day
London Hotel
£650 per delegate

ISEM market Simulation Course


In contrast to traditional classroom-based courses, the ISEM power market simulation course allows participants to put into practice what they have learned immediately, in a ‘safe’ environment. Buying and selling power through the simulator to take or close positions gives them a ‘hands-on’ feel for the operation of the market and some of its risks, such as price discontinuities and lack of liquidity. Running the simulation shows participants what the market is like in practice, with time-limited decisions needing to be made against a background of incomplete information.

GENERATORS: give staff an end-to-end view of the trading plant with similar characteristics to their own fleet. Operation and trading personnel working together gain an appreciation of each other’s issues and the importance of clear and timely communication.

SUPPLIERS AND TRADERS: gain insight into the technical and commercial factors that affect price formation by looking at the market from a generator’s perspective

SENIOR MANAGEMENT: understand the risks and opportunities present in the market at a detailed operation level and issues and time pressures facing their traders.

MIDDLE AND BACK OFFICE STAFF: experience directly the market and operational issues facing their trading colleagues. The simulation provides the first-hand experience of some of the common market risk and errors that occur regularly in trading.