Regulatory training course on “Energy markets and trading”

Training

Regulator

Electricity

Gas event in

Austria

DEC
2017

Venue

Energy Community Secretariat
Am Hof 4, Level 6
1010, Vienna
Austria

About the Energy Community Regulatory School

Energy Community Regulatory School Concept
Scope: The Energy Community Regulatory School aims at supporting the technical knowledge of the Energy Community Contracting national energy regulatory authorities to effectively implement and efficiently apply new pieces of Energy Community acquis communautaire – such as but not limited to gas and electricity network codes and guidelines or REMIT and linked increasingly developing market activities such as trade or market coupling. Beyond the mere legal aspects, the Energy Community Regulatory School is dedicated to deliver practical insights and share experience made on EU level. Praxis oriented, interactive and in-depth discussions will be in the core of the training courses tailor made for the Contracting Parties’ regulators. read more...

Agenda

Course on Energy markets and trading Energy markets and trading markets and trading
Context: This training is tailor-made for the national regulatory authorities from the Contracting Parties of the Energy Community and aims at providing an understanding on energy markets and wholesale energy trading. Speakers on this event are highly experienced professionals with excellent understanding on regulatory developments and operational processes. The first part of this training provides an insight on the electricity and gas market design and market evolution. Further, the presentations will focus on key features of liquid markets and the importance of wholesale trading in attracting investments and providing price signals for day-to-day operation. The importance of market is on the creation of welfare. The wider the market is, the potential for welfare increases together with the value of transportation infrastructure. The second part emphasizes the importance of transmission capacity in bringing markets together and enabling cross-border trading. In this session, the focus is on the framework that enables access to transmission capacity and cross-border forward hedging. An example of how market activity drives investments in transmission is the development of the merchant transmission interconnections. We aim to learn more on the business model of such investments. The third part puts focus on trading and trading places or platforms. Understanding features of different trading platforms is key in understanding trading. The presentation will provide an outline of the trade lifecycle, from pre-execution up to post-delivery activity. Finally, participants will have a short visit to a trading company and see the trading floor where the real trade trade execution takes place. A senior trader will show the trading screens and the dynamic of trading activity. All the training materials will be distributed after the training.

Course on Energy markets and trading Energy markets and trading markets and trading

Context: This training is tailor-made for the national regulatory authorities from the Contracting Parties of the Energy Community and aims at providing an understanding on energy markets and wholesale energy trading. Speakers on this event are highly experienced professionals with excellent understanding on regulatory developments and operational processes.

The first part of this training provides an insight on the electricity and gas market design and market evolution. Further, the presentations will focus on key features of liquid markets and the importance of wholesale trading in attracting investments and providing price signals for day-to-day operation.

The importance of market is on the creation of welfare. The wider the market is, the potential for welfare increases together with the value of transportation infrastructure. The second part emphasizes the importance of transmission capacity in bringing markets together and enabling cross-border trading. In this session, the focus is on the framework that enables access to transmission capacity and cross-border forward hedging. An example of how market activity drives investments in transmission is the development of the merchant transmission interconnections. We aim to learn more on the business model of such investments.

The third part puts focus on trading and trading places or platforms. Understanding features of different trading platforms is key in understanding trading. The presentation will provide an outline of the trade lifecycle, from pre-execution up to post-delivery activity.

Finally, participants will have a short visit to a trading company and see the trading floor where the real trade trade execution takes place. A senior trader will show the trading screens and the dynamic of trading activity.

All the training materials will be distributed after the training.

Agenda of Regulatory School - Energy markets and trading

Presentations
Central European Gas Hub AG, Design of the gas hubs, exchanges, and evolution on the example of the Central European Gas Hub

ECS, Market Places and trade lifecycle

ElecLink, Merchant transmission lines

EFET, Trading across borders, The key to manage portfolios at a regional scale

Statkraft, Electricity market design and evolution