Recorded Seminars

How to Financially Hedge Natural Gas & Electricity Price Risk
Recorded Seminar Lesson D201
Register for one or both recorded sessions of this two part seminar
How This Seminar Works
  1. Each seminar session consists of a high quality streamed audio recording combined with Internet-posted and PDF formatted PowerPoint slides. The audio recording includes all questions asked during the original presentation as well as the instructor's response.
  2. After registering for a seminar session, you will be emailed a Web link and password which will enable you to view the online seminar session through your computer's Internet connection. Seminar slides will also be provided in PDF format in case you want to print a copy.
  3. Upon registration, you will receive immediate online access to each seminar session you purchase. Your 48 hour viewing period does not begin until the first time the seminar is accessed. Flexible viewing options are available for groups of 10 or larger. Please call Janice Ohmura at (440) 853-1038 for more information.
  4. After your access time is completed the online session will expire, but the PDF formatted seminar slides will be yours to keep. You can access the online seminar session using one or more computers, but you will need to register the total number of attendees who will view the seminar.
  5. Instructor contact information will be provided to you before you access the seminar. After you have viewed the presentation, questions can be directed to the instructor via email or telephone.

Extreme price changes in the natural gas, petroleum and electricity markets make the proper hedging of price and locational basis risk an essential skill. Don't break your company's budget or miss locking in an attractive forward price.

This seminar will explain how buyers, sellers, and processors can financially hedge natural gas,oil, and electricity price and basis risk with futures contracts, basis swaps and trigger deals. Basis risk, heat-rate-link power contracts and real-world hedging issues will also be addressed. Click Here to Register

What You will Learn - Session #1
  • Why energy and electric power companies financially hedge.
  • How to create a buyer's futures hedge that protects you against energy and electricity price risk.
  • How to create a seller's futures hedge that locks in a fixed sales price.
  • The many real-word issues that can impact futures hedging.
  • What basis risk is, and how "basis blowout" can destroy a buyer's or seller's futures hedge.
What You will Learn - Session #2
  • How to use a basis swap to hedge natural gas locational basis risk.
  • How to hedge both basis and delivery risk using trigger deals.
  • The components that make up the master hedging & trading equation, and what the difference is between financial and physical locational basis "fin" versus "phys".
  • What a heat rate linked power transactions is, and why it such a powerful hedging tool for electricity.
  • How to hedge electricity price risk using natural gas futures contracts (An example).
Your Instructor

John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electric power markets. Mr. Adamiak is a well-known and highly effective seminar presenter who has over 20 years experience in the natural gas and electric power industries. His background includes 15 years as a seminar instructor, 9 years of energy transaction experience, and 6 years of strategic planning and venture capital activities. John's academic background includes an M.B.A. degree from Carnegie Mellon University.

Who Should Attend this Seminar

These seminar sessions will benefit those organizations and professionals interested in learning the relationship between coal, natural gas and electric power prices and the basics of power generation economics. Energy producers, utilities, banks, law firms, municipals, ISOs, power marketers, industrial companies, and electric generators will gain valuable insights, as will energy and electric power executives, traders, marketers, (sales, purchasing and risk management professionals), accountants, trading support staff, auditors, attorneys, government regulators, rate-making specialists, plant operators, engineers and corporate planners.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS program today, and join over 12,000 energy and financial professionals who have already attended one or more of PGS's proven courses. View Past Seminar Attendees

Prerequisites

This seminar has no prerequisites. No advance preparation is required before the seminar.

Registration Fee

Each session is $149 for the first attendee, $75 for the second attendee, and $45 for each attendee thereafter.

Flexible viewing options are available for groups of 10 or more.
Please call Janice Ohmura for details at (440) 853-1038.

Click Here to Register

Payment and Cancellations

Payment can be made by Visa, Master Card, American Express, Diners Club, check or wire transfer. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 26 Teal Lane HHP · Hilton Head Island, SC 29926. Due to the nature of this pre-recorded product, no refunds are possible, but full credit for one year will be given toward another seminar. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.

PGS Energy Training · 26 Teal Lane · Hilton Head Island, SC 29926
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