Online Seminars

How To Hedge Energy/Electricity Price and Basis Risk - 156 Minutes

On-Demand Recording ‐ Available Now! (72 hour access)

How These Online Seminars Work

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 seminar 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 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. 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.

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.

Who Should Attend this Seminar

This seminar 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 live seminar 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 before the seminar, but a basic understanding of either the natural gas or electric power industries would be helpful.

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.


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, $195 for the second attendee, and $95 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
Tel: (440) 853-1038 · Fax: (866) 230-1261 · · Privacy Policy