Effective Power Risk Management

Effective Power Risk Management
Single User Price: $1,895.00


Within the context of a hypothetical utility, the course will thoroughly examine risk metrics, purchasing and risk management objectives, expert hedging strategies and policies. This will allow you to develop specific hedge strategies best suited to meet the objectives of your company as well as understand those of your competitors and customers. We will further discuss corporate policies, procedures, board resolutions, FASB 133 requirements, and checks and balances required that would meet the most diligent auditor’s requirements.

What You Will Learn

  • What factors drive value, volatility and risk in the power sector?
  • What hedging tools are available to mitigate risk?
  • How are generators best understood as Real Options?
  • How can load be understood as a Real Option?
  • How can we integrate generators, load and derivatives into an integrated power portfolio?
  • What are the various risk metrics and when should they be used?
  • How does FAS 133 influence policies and procedures in the power sector?
  • How should risk management ‘best practices’ be applied to the sector?
  • What are the infrastructure requirements?
  • How do we put all of this together into a prudent risk management plan?

Who Should Attend

Electricity and fuel purchasers, analysts, traders, trade support staff, finance and auditing personnel. Intermediate & advanced-level professionals from: Merchant generators, banks, utilities, power marketers, retail providers, back office, hedgers, marketers, end-users, and government agencies.

Class Details

Industry Segment
Course Level
Intermediate to Advanced
CPE Credits
Competency Path
Course Type
Course Times
Day 1: 8:00am–4:00pm
Day 2: 8:00am–4:00pm