Online Seminars

Fundamentals of Energy & Electricity Financial Markets

Live Online Seminar: July 24th 1:00 pm - 4:30 pm (U.S. EDT)
On-Demand Recording Available August 7th (72 hour access)

How These Online Seminars Work

Forward energy markets, CME-NYMEX, ICE Futures, financial institutions, wholesale energy merchants, power marketers, and electronic energy/electricity trading platforms such as "ICE OTC" directly impact the profitability and risk management activities of many companies in the natural gas, electric power and petroleum industries.

This comprehensive fundamental seminar is for anyone who seeks a solid introduction into this fascinating world, its participants, and the powerful financial instruments it trades.

This proven online seminar features the same material used in the popular PGS in-person classroom training program. Register today and join the over 10,000 energy professionals who have already benefited from an in-depth PGS seminar.

What You Will Learn

  1. The structure, function and terminology of spot, cash & forward natural gas, oil and electricity markets, and what energy derivatives are.
  2. The three different types of forward energy markets (Futures, financial over-the-counter & physical) and how these markets relate to each other.
  3. How forward financial markets reduce risk and add value for energy consumers, producers and electric generators.
  4. The difference between brokers, FCMs, traders, dealers, market-makers, marketers, power marketers, and wholesale energy merchants, and how they make their money.
  5. The meaning of "bid/offer spread", "LD agreements", and other trading terminology.
  6. The difference between price and "basis" risk.
  7. Why the hedging needs of energy producers and end-use consumers are different from those of energy marketers, oil refiners and gas/coal fired electric generators.
  8. What liquidity risk is, and why it is a critical issue for energy markets and traders.

What You Will Also Learn

  1. The difference between physical and cash settled energy futures contracts and why the same financial instrument can have ten different names.
  2. A summary of energy futures contracts and how the CME-NYMEX and ICE Futures Exchanges operate.
  3. How cash margining and your futures brokerage account works, and how cash management/funding risk can blow up even prudent hedges.
  4. What energy and electricity commodity swaps/cfds are, and how these instruments are similar to financial futures contracts.
  5. An overview of the large and private ICE OTC over-the-counter electronic energy market, the importance of liquidity, how the "ICE" and CME-Globex trading platforms work, and how trades are cleared through the CME Clearinghouse and ICECLEAR.

Who Should Attend this Seminar

This seminar will benefit a wide variety of organizations in the electric power, financial and energy industries. Professionals from banks, energy producers, utilities, 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 group live seminar has no prerequisites. No advance preparation is required before the seminar.

Why Choose PGS?

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.

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.

Seminar Price

$295 for the first attendee, $145 for the second attendee, and $75 for each attendee thereafter
for either the live or on-demand version of this seminar.

Payment and Cancellations

Payment is required prior to seminar attendance. Payment can be made by Visa, Master Card, or American Express. Seminar purchases will be charged to your credit card at the time of registration unless other arrangements have been made.

Live seminar registrations can be cancelled for a full refund up to 5:00 PM (U.S. Eastern Time) two (2) business days before the scheduled seminar date. For example if the live seminar is on Thursday then the cancellation would need to occur by 5:00 PM Eastern Time on the Tuesday before the seminar. No refunds will be made thereafter, but a streamed recording of the live seminar can be provided. Attendee substitutions may be made at any time. 

Due to the nature of a recorded event, no refunds can be made for on-demand recorded seminars. 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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