Energy Markets & Energy Derivatives

Given the unique nature of the energy sector and the recent turmoil in the energy markets, it has often become a challenge for traders and risk managers to understand and hedge their financial exposure to both price and quantity risk. This course is a practical guide through the volatile energy markets, designed to supply delegates with a clear and comprehensive overview of state-of-the-art energy pricing and modelling techniques. The first day of the course focuses on derivative instruments and their application in risk management. The second day concentrates on the implementation, calibration and pricing of derivatives in the energy markets. The third day provides an in-depth discussion on real options and value-at-risk methodologies