ONLINE COURSES

Energy Hedging & Trading

DJS-201
How To Hedge Energy/Electricity Price and Basis Risk
1/2 day on-demand seminar with Live Q&A
Available Now (7 day access)

Unpredictable price changes in natural gas, electricity, and other energy commodities 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 in-depth online training program will explain how buyers, sellers, and processors can financially hedge natural gas,oil, and electricity price and basis risk with physical and financial futures contracts, basis swaps and trigger deals. Basis risk, delivery risk, an overview of the concept of heat rate linked power transactions, and other real-world hedging issues will also be addressed.

This proven online training program features the same material used in the popular PGS in-person classroom seminar. Register today and join the over 10,000 industry professionals who trust PGS for their energy training needs.

What You Will Learn
  1. Why energy companies financially hedge.
  2. The difference between price hedgers and spread hedgers.
  3. How to create buyer and seller futures hedges with physically AND financially settled futures contracts and swaps.
  4. The many real-world issues that can impact futures hedging.
  5. What basis risk is, and how "basis blowout" can destroy a buyer's or seller's futures hedge.
  6. How to hedge energy and electricity price risk with powerful CME and ICE financial futures contracts.
  7. How to use a basis swap or financial futures contract to hedge natural gas and electricity locational basis risk.
  8. How to hedge both basis and delivery risk using trigger deals.
  9. What components make up the master hedging & trading equation, and what the difference is between financial and physical locational basis "fin" versus "phys".
  10. The basics of heat-rate-linked power transactions and why this technique is uch a powerful electricity risk management and deal structuring tool.
What You Will Also Learn
  1. How to hedge energy and electricity price risk with powerful CME and ICE financial futures contracts.
  2. How to use a basis swap or financial futures contract to hedge natural gas and electricity locational basis risk.
  3. How to hedge both basis and delivery risk using trigger deals.
  4. What components make up the master hedging & trading equation, and what the difference is between financial and physical locational basis "fin" versus "phys".
  5. The basics of heat-rate-linked power transactions and why this technique is uch a powerful electricity risk management and deal structuring tool.
How This Online Course Works

Get the best of both worlds with this blended learning approach.

  1. Learn at your own pace and on your own schedule as you first enjoy the internet-streamed, on-demand seminar. Speed up, slow down, or repeat sections of the presentation.
  2. Upon completion, join us for one of our regularly scheduled live online Q&A sessions. A calendar of live Q&A dates and times is provided in the program access instructions you will receive. You can also email your questions directly to the instructor.
Course Access

You will receive immediate online access to the on-demand training presentation. The audio for the online seminar is only available through your computer or other Internet connected device. You will also receive links in your access instructions to PDFs for all the presentation materials in case you want to print or keep a copy.

The on-demand training presentations are available for a total of 7 days from the time any one of the training presentations is first accessed. After 7 days, your access to the on-demand presentations will expire. However the PDF formatted training program slides and other documents you receive are yours to keep.

Your Instructor
John Adamiak
President PGS Energy

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.

Program Pricing
PGS online courses are known for their clear explanations and in-depth content.
 
1/2 day on-demand seminar with Live Q&A - Available Now. 
$395 for single attendee, $295 per attendee thereafter.
Special pricing is available for groups of four or more. Click here for more information.

If you have additional questions please email customercare@pgsenergy.com or call (440) 853-1038.
Payment and Cancellations

Payment is required prior to training program access. Payment can be made by Visa, Mastercard, American Express, or corporate check. Your credit card will be charged at the time of registration unless other arrangements have been made.

Cancellations for online training programs can be made before the program access instructions are sent by PGS, and cancellations will result in a credit. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.

Who Should Attend

This training program will benefit a wide variety of organizations in the energy, industrial, electric power and financial industries. Professionals from energy buyers, banks, energy producers, utilities, municipals, energy marketers, industrial companies, electric generators, and liquids processors will gain valuable insights, as will natural gas, oil and electric power executives, traders, marketers, (sales, purchasing & risk management professionals), accountants, economists, trading support staff, auditors, attorneys, government regulators, rate specialists, plant operators, engineers and corporate planners.

Prerequisites and Advance Preparation

This fundamental level online training program has no prerequisites, but a basic knowledge of the natural gas or electric power industries, energy commodity markets, and futures contracts would be helpful. No advance preparation is required, but a basic understanding of either the natural gas or electric power industries would be helpful.

Why Choose PGS?

PGS training programs are known for their clear explanations and in-depth content. Register today, and join the over 10,000 industry professionals who trust PGS with their energy training needs.