When:
12th February 2020 all-day
2020-02-12T00:00:00+00:00
2020-02-13T00:00:00+00:00
Where:
London Hotel
Cost:
£650
Contact:

Long Term Coal Simulation Course

The game simulates a trading situation where the players are in charge of a 420 MW Coal-fired Power Station with the objective to make the highest profit while making sure the correct hedging strategies are used.

What does it cover:

  • BETTA Market: What is BETTA and how does the market operate.
  • Wholesale market for electricity trading.
  • Fuel purchase and stock management.
  • Core electricity trading products.
  • Spreads and how they work.
  • Impact of renewables.
  • The reason for electricity trading and hedging.
  • The complexities of hedging a coal-fired power station in the long-term markets.
  • The impact of credit constraints on hedging activities.

Who is it for:

Generators: give staff an end-to-end view of 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.

Supplier 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 first-hand experience of some of the common market risk and errors that occur regularly in trading.

Included in the ticket price: Admission to the 8 hour workshop, use of simulation and course notes.

Who is putting it on: Apt Energy Solutions offers a range of on and off-line trading courses, interactive simulations where students come together to analyse, share ideas and learn.

Who is running the course: Sandy Wito will lead the course and he is an independent consultant with 25 years of commercial experience in the energy sector. He has worked in trading roles for major utilities (SSE, Scottish Power) and independents (Airtricity, InterGen).