Online Training: Understanding the Basics of Energy Trading
The ERRA Online Training on the Basics of Energy Trading is designed for energy regulators and other industry professionals wishing to understand how energy trading is done from both theoretical and practical perspectives.
The participants will receive a comprehensive package on both energy portfolio management as well as market surveillance together with useful trading simulations. The complexities of energy trading will be explained step-by-step by skilled instructors in live presentations, additional tutoring and with various extra materials.
What is the scope of training?
The Basics of Energy Trading course will explore the fundamentals of all relevant areas from the trader’s perspective:
- Energy markets’ liberalization
- Organization of trading activities with elements of market surveillance
- Risks and volatility
- Trading process
- Types of markets and products
- Trading platforms
- Accounting logic and principles
- Screen trading simulations
The course will additionally present to the participants a list of additional recommended literature as well as a glossary of terms used during the sessions.
In order to complete the course the participants will be asked to prepare 2 weekly assignments — filling in the multiple-choice quiz, and the Excel exercise — as well as to attend the final test.
The below schedule is outlined in CEST and CET time zones:
October 21 & WEEK 1 - CEST (GMT +2)
WEEK 2 & WEEK 3 - CET (GMT +1)
WEEK 0 - Orientation
- 9.30 a.m. - System Checking, Platform Opening for Test
- 10.00 - Opening Remarks, Introduction to the Energy Trading training, Deliverables, Deadlines
- 10.30 - Introduction of Training Participants & Group Photo
Introduction to Power Markets
Trading and Energy Portfolio
For detailed course agenda please contact the ERRA Secretariat
Course Faculty Team
Basics of Energy Trading will be explained by the following roster of experts:
|COURSE FACULTY TEAM
Instructors' short biographies are available here.
|The proposed average weekly engagement is 10-12 hours|
|Instructor-led real-time recorded presentations||Online Tutoring||Weekly Assignments
The energy trading training is based on a self-paced collaborative e-learning platform that features a combination of real-time interactive presentations by the instructors, online tutoring at pre-announced times, reading material related to the course modules and weekly assignments on e.g. Energy Portfolio Management.
The course will run for 3 weeks with the following weekly sequence:
2 days a week:
Real-time presentations on the presented materials. Presentations will be followed by Q&A sessions. Presentations will be recorded and made available to those who could not join the real-time presentations. Distribution of weekly assignments.
1 day a week:
Online tutoring for volunteers.
1-2 days a week:
Self-paced work and/or submission of assignments.
5 CER credits will be awarded to those participants who have submitted both weekly assignments and have successfully passed the final test of the energy trading training. For more information, see the ERRA Certified Energy Regulator Programme website.
Check also the other courses we offer here.