UK Gas: Hedging and Optimisation
one-day | Pathways Level: Foundational
£550 (overnight accommodation is not included in this price.)
courses booked more than 2 months in advance attract an *early bird discount.
Dates & Locations:

There is no fixed date for this course at the moment. When would be convenient for you?.

UK Gas: Hedging and Optimisation

What's in this course?

The UK gas trading market is the most liquid in Europe, and is known for its high volatility and sometimes extreme prices. This course provides a practical foundation and explores risk management and optimisation strategies for gas market players. It includes a review of key drivers in the UK gas market, and our popular Gas Trading Exercise, which gives delegates hands-on experience. Risk management workshops provide practical applications of hedging strategies to company positions. The course is an ideal learning point for the complexities of hedging and optimising UK gas contracts, portfolios and commitments.

Course details

You are free to raise questions and instigate discussion on what the course content means for you and your company, both during the sessions and in the course overview at the end of the day.

UK Gas Market Principles, Processes and Regulation:

How gas markets work | design principles | operating practicalities | regulation and risk |

UK Gas Supply & Demand Overview & Trends:

Covering power generation | storage | 'swing' | meeting peak demand | new projects | LNG |

UK Gas Market Structure, Instruments & Price Behaviour:

Seasonal but unpredictable demand | role of weather | economic and social factors | limited supply flexibility | long pipelines | joint production | contract terms | balancing and storage | volatility of gas price behaviour | seasonal and event-based prices. |

What are options?

Derivative contracts | 'call' and 'put' options | strike price |

Gas Market Risks:

Participants | exposure and optionality | types of market player | risks faced | inherent optionality | contracts and physical position |

Gas Trading Game:

The goal for each team is to make the biggest profit on their week's trading whilst balancing supply and demand. The game will necessitate strategic thinking as weather changes provoke trading decisions. The session will demonstrate take-or-pay agreements, imbalance penalties and interruptible contracts as well as the unpredictable nature of a trading environment!

Questions, discussion and close:

Your chance to apply the knowledge to your job and raise relevant queries.

“covering the UK gas market from production to the transportation system and the trading screen”

Who is this course for?

Risk managers and commercial operators | traders and middle and back office staff | commercial managers | financial managers | market analysts | pricing analysts, | investors and new traders. |

What's the cost?

Come to 'Our Place' and attend a public course for £550 per day plus VAT. If you book two months or more in advance you will automatically receive an 'early bird' discount. If you are attending with a colleague or two then let us know and we may reduce the price further! Public courses are available in London, Oxford and Aberdeen and the price includes all course materials, refreshments and lunch. Want a different date or location? Then let us know.

In-house options

This course is available in-house at 'Your Place' and with 7 delegates or more becomes much cheaper than sending your staff on a public course. We can also tailor our courses to suit your exact requirements. Why not talk to us or click the button above for a free no obligation quotation and see how we can help meet your training requirements?

Games and Exercises

We run games and exercises on all our courses to assist with the learning experience. These games are relevent to the main topic of each course and simulate 'real life' scenarios.

More information about these games can be found in the games section.