This seminar is designed for regulated and deregulated energy managers, structuring professionals, and anyone else who wants to gain a better understanding of the concepts, methods, and tools energy managers use to structure and price profitable energy/power agreements; how to monetize energy & electric power assets; structure retail power transactions; and increase profits. This program covers a wide range of energy and power transactions and assets illustrating common principles used across the energy industry. Many powerful energy/power structuring and asset trading techniques are explored, with examples of how these techniques can be applied to many real-world energy transactions and assets. This course also addresses retail electricity pricing structures, RFP proposals, full requirements contract structures, the issues faced by providers of last resort, switching/migration risk, power purchase agreements and a number of other topics. This course is unique in that it addresses both the deterministic intrinsic value and the hidden "insurance extrinsic value" associated with complex agreement structures, energy assets and other opportunities. A laptop is required with any version of EXCEL.
DAY 1: FOUNDATIONS OF STRUCTURING
8:00 AM DERIVATIVES REVIEW
9:30 AM FINANCIAL ENGINEERING AND STOCHASTIC METHODS
10:30 FUNDAMENTALS OF HEDGING
1:00 PM RISK IN STRUCTURED PRODUCTS
2:30 PM REAL OPTIONS AND INSURANCE VALUE EXAMPLE
CLASS ENDS 4:00 p.m.
DAY 2: OVERVIEW OF STRUCTURED TRANSACTIONS
8:00 AM OVERVIEW OF STRUCTURED TRANSACTIONS
9:00 AM STRUCTURING STORAGE, TRANSPORTATION AND COMMODITY SPREADS
10:30 AM STRUCTURING RENEWABLE, ENERGY EFFICIENCY AND OTHER DISTRIBUTED ENERGY RESOURCES
2:30 PM INTERMITTENT RENEWABLE/DEFAULT SERVICE/PROVIDER OF LAST RESORT/FULL REQUIREMENTS
CLASS ENDS 4:00 p.m.
DAY 3: STRUCTURED POWER GENERATION TRANSACTIONS
8:00 AM THE ECONOMICS OF POWER GENERATION
9:30 AM FINANCIAL CONTRACTS THAT MIMIC PHYSICAL ASSETS
10:30 AM POWER GENERATOR OPTIONALITY
This live group seminar is eligible for 18.0 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.
Among those who will benefit from this seminar include energy and electric power executives; attorneys; government regulators; traders & trading support staff; marketing, sales, purchasing & risk management personnel; accountants & auditors; plant operators; engineers; and corporate planners. Types of companies that typically attend this program include energy producers and marketers; utilities; banks & financial houses; industrial companies; accounting, consulting & law firms; municipal utilities; government regulators and electric generators.
This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar.A laptop is required with any version of EXCEL.
PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today, and join the over 10,000 energy professionals who have already attended one of PGS's proven programs.