MJMEnergy have provides a variety of training to our clients, through a combination of prepared and bespoke in-house training courses, typically covering the following areas;
- Introductory courses on UK and EU gas, LNG, power and associated markets.
- Commercially courses on gas network codes, gas storage, gas trading and risk management,negotiation skills and markets.
- Technically courses on gas pipelines, gas utilisation, gas network codes gas storage, and LNG.
A one-day foundational level course covering the UK gas market from production to delivery
The UK, which has the one of most the liberalised gas markets in the world, has seen dramatic development since its privatisation in 1986 and although there is great uncertainty over future demand and supply, the UK gas market has become a key part of the global interaction of pipeline gas and LNG supplies. The NBP gas price, which is set in the UK, is also a key global pricing factor.
As well as explaining the whole UK ‘world of gas’, this one-day course will also look at coping with the un-predictables, like the weather, future consumption patterns and the imperative of trading in gas supplies and explaining how these factors form the NBP prices.
You will also learn how plugging the increasing UK ‘gas gap’ as the market evolves will affect all aspects of marketing, buying and selling gas to get the best possible price.
You will begin the day by examining the physical gas market and go on to understand market fundamentals & price behaviour. We will provide you with an overview of the commercial gas market and explain the various instruments & trading strategies on offer. After exploring security of supply and balancing you will try your hand at balancing supply and demand in our gas balancing game. Finally we will explore key likely developments and challenges in UK gas over coming years.
This is an introduction to the UK gas markets and designed for: New staff in existing power companies, regulators and consultancies, graduate trainees joining the energy industry, experienced staff moving into gas marketing, Lawyers, consultants, those dealing with contracts and customers, financiers and traders.
The UK Gas Markets Course is a one-day standalone course. It can be made longer with more emphasis given to individual sections, or you can mix it with modules from other courses, whatever suits your requirements. Contact us to start a conversation or call us on +44(0)1993 774736.
A one-day foundational level course covering the UK electricity market from generation to delivery.
Dramatic past changes and many future challenges mark out the UK Electricity Market. This one-day course provides a complete overview of the UK electricity scene which will enable you to grasp where our electricity comes from, who regulates it, how it is paid for, and why it is (mostly) available at the flick of a switch.
After we have explained what the electricity market is you will explore with us the commercial and physical market. We will then delve into electricity and the environment and how COP 21 will affect our power generation both now and into the future. We will also look at how the power market may develop over the next five years and beyond.
During the course of the day we will give you an introduction to the electricity market and explain what the physical and commercial market is. You will try your hand at trading in our Electricity Balancing Game before learning about how electricity interacts with the environment and how the market may develop beyond the next five years.
This is an introduction to the UK electricity markets and designed for: New staff in existing power companies, regulators and consultancies, graduate trainees joining the energy industry, experienced staff moving into electricity marketing, lawyers, consultants, those dealing with contracts and customers, financiers and traders.
The UK Electricity Markets Course is a one-day standalone course. It can be made longer with more emphasis given to individual sections, or you can mix it with modules from other courses, whatever suits your requirements. Contact us to start a conversation or call us on +44(0)1993 774736.
A one-day foundational level course providing essential knowledge about the realities and challenges of the international LNG industry.
The course offers a knowledge of the LNG chain and its components which helps build a clear picture of operating costs. We will explain about liquefaction, storage and regasification, types of ship, construction and size, terminal costs and project schedules as well as capital cost examples.
Major producing and consuming regions are identified to help you understand the supply/demand situation. Many are aware of the issues concerning UK imports and the presenters will outline the current situation along with details of proposed and existing terminals in key locations.
Together we will study US, European and Asian pricing methodology, explore traditional pricing structures and shifting trends. The expansion of LNG interest and the evolution of LNG pricing worldwide is explained with a look at the future prospects.
This is an introduction to the Global LNG Markets and designed for: anyone new to the LNG arena, and those wanting to deepen their understanding of the LNG chain, suppliers and markets and gain an understanding of the future of LNG worldwide.
The Global LNG Markets Course is a one-day standalone course. It can be made longer with more emphasis given to individual sections, or you can mix it with modules from other courses, whatever suits your requirements. Contact us to start a conversation or call us on +44(0)1993 774736.
This two-day course focuses on the transforming nature of the European gas markets and the ongoing issues that they are experiencing.
The liberalisation of the European gas markets along with the ongoing crisis in Ukraine, the demise of the South Stream pipeline project, falling oil prices and unusual weather patterns have all contributed to dramatic changes in the European gas markets over the last few years. Brexit promises further uncertainty, going forward.
This two day course will enable you to experience an overview of the whole EU gas market from our trainers who are experts in this field. As well as teaching sessions you will participate in a gas balancing simulation game where you will compete and trade with other delegates. You are also free to raise questions at any time and will have opportunities to discuss issues raised with other delegates or with the trainers.
Day One:
You will gain an overview the whole EU gas market, examining the infrastructure and supply/demand match. We will explain the principles of liberalisation and together we will explore contracts, pricing, markets, gas transportation and security of supply.
Day Two:
We will spend some time investigating the key European markets, looking at energy trading regulation and discuss the future of gas in Europe and the possible effect the UK’s departure from Europe might have on the European gas market.
This course is designed for: Companies entering European gas markets. Industry workers looking to better understand the changing nature of the European gas markets. Commercial and planning staff of energy and related industries. Lawyers, accountants and consultants working with clients or interested in the European gas industry.
The European Gas Markets Course is a two-day standalone course. It can be made shorter or longer, more emphasis can be given to individual sections, or you can mix it with modules from other courses, whatever suits your requirements. Contact us to start a conversation or call us on +44(0)1993 774736.
This two-day course considers all the aspects of a well-balanced and supplied system within Europe.
Electricity markets across Europe have changed dramatically over the last decade as market liberalisation, privatisation, structural change and changing power generation dynamics have replaced the status quo of European energy, with Brexit promising further unknown change.
Over the two days you will gain a sound understanding of the complexities of the European electricity markets, explore the methods used by different countries across Europe and participate in two different interactive trading and balancing scenarios. You are free to ask questions from the trainers who are both experts in this field and there will be plenty of opportunities for discussion.
Day One:
You will gain an overview of the European electricity market and examine policy and legislation backgrounds. We will also explore together some of the key country markets and actively engage with balancing.
Day Two:
We will provide you with an understanding of the environmental drivers, including the consequences of COP 21, and examine wholesale markets, trading and some of the other key European country markets. You will compete with other delegates in the trading exercise and learn about the future of power generation, markets and demand.
This course is designed for: Companies entering European electricity markets, industry workers looking to better understand the changing nature of the European energy markets, commercial and planning staff of energy and related industries, lawyers, accountants and consultants working with clients or interested in European energy.
The Global LNG Markets Course is a one-day standalone course. It can be made longer with more emphasis given to individual sections, or you can mix it with modules from other courses, whatever suits your requirements. Contact us to start a conversation or call us on +44(0)1993 774736.
Providing an insight into the key technical, physical and economic issues of gas storage in Europe
Gas storage can help increase security of supply by taking cheaper gas when demand is low and selling it back into the system when it’s more expensive and not so abundant. It sounds simple in theory but there are many reasons why it’s not so straight forward in practice, not least changing price dynamics which question the economic rationale of storage. This one-day course delves into and provides insight into the key issues surrounding gas storage in liberalised gas markets.
We will explain the need to store gas and look at the different types of storage facilities available. You will gain an understanding of how to buy storage capacity, trade gas using storage, and the whole economics of gas storage. You will look at how to build storage, examine a case study and explore the future of storage.
We will start by explaining why gas storage is necessary and what sort of facilities are suitable and available. We will then explore how storage is sold and the whole economics of storage. With the help of a case study we will look at building gas storage and examine the future of gas storage.
This one day introduction to gas storage is designed for: New staff in existing gas players, new market entrants, experienced staff from other areas moving into gas, lawyers and consultants with an interest in the energy market, government officials and industry press.
The Gas Storage Course is a one-day standalone course. It can be made longer with more emphasis given to individual sections, or you can mix it with modules from other courses, whatever suits your requirements. Contact us to start a conversation or call us on +44(0)1993 774736.
The Energy Markets Course will help you to understand how liberalised Gas, Power and Carbon markets work, drawing particularly on UK and European energy markets.
You will embark on a clear progression of understanding starting with what gas is and where it comes from, how electricity is generated and meets demand, and the effect of carbon trading on the whole process of producing, buying, selling and transporting gas and electricity in liberalised energy markets. The course covers key business processes and challenges such as customer portfolios, balancing, operations, trading and risk management.
During the three days you will benefit from the experience of our trainers who are all experts in their fields. As well as teaching sessions, interactions with other delegates and open opportunities to raise questions you will also participate in trading and balancing exercises which will encourage you to experience both the thrill and the pressure of balancing a gas or power system without breaking the bank and (hopefully) making a profit!
Day One: Physical Markets
We begin with an introduction to energy and go on to explore gas production, power generation, transportation networks for both gas and electricity and finish with supply/demand matching.
Day Two: Commercial Markets and Company Operations
Day two opens with market structure and development and moves on to understand the end-user markets (consumption), energy company operations, contracts and the EU energy markets.
Day Three: Trading, Hedging and Optimisation
Building on the first two days we move on to understand the pricing and structures of both gas and electricity markets, carbon markets and spark spreads, trading instruments, markets and mechanisms finishing with energy trading and risk management.
This course is suitable for: Graduate entrants to energy companies. Experienced staff moving into gas and power roles from other sectors or industries. Lawyers, consultants and regulators needing to understand energy markets.
The Energy Markets Course is a three-day standalone course. It can be made shorter or longer, more emphasis can be given to individual sections, or you can mix it with modules from other courses, whatever suits your requirements. Contact us to start a conversation or call us on +44(0)1993 774736.
A perfect blend of conceptual studies, case studies and well-designed exercises
This is an in-depth three day study examining business and economics, costs and projects and the value of the LNG industry. Each day will consist of teaching sessions, case studies and practical exercises and simulations.
Understanding the costs and value of LNG is crucial to optimising LNG operations and purchasing in this changing market.
We will start with an introduction to the LNG business and economics followed by a look at the cost and projects involved in making and delivering LNG. Finally we will examine the long term and short term markets.
This three day course is designed for those with some knowledge but wanting to deepen their understanding of the economic and fiscal factors involved in international LNG markets.
The LNG Economics & Markets course is a three-day standalone course. It can be made longer or shorter with more emphasis given to individual sections, or you can mix it with modules from other courses, whatever suits your requirements. Contact us to start a conversation or call us on +44(0)1993 774736.
