About the online training programme

This course sets out what flexibility in commodity & energy portfolios concerns, by giving attention to embedded business decisions in supply contracts and physical capacity. Attention is given to different forms or varieties of flexibility and how this can be seen as optionality.

Course Contents

This course covers the following video lessons:

  1. Flexibility in physical assets
  2. Flexibility in supply contracts
  3. Embedded options
  4. Structured contracts
  5. Modelling of embedded options
  6. Modelling business decisions
  7. Supply contract – Take-or-pay
  8. Supply contract – Volume flexibility
  9. Supply contract – Swing option
  10. Supply contract – ACQ & DCQ
  11. Supply contract – Click contract – Introduction
  12. Supply contract – Click contract – Price cap
  13. Supply contract – Click contract – Multiple clicks
  14. Supply contract – Validity period of proposal
  15. Supply contract – Supplier portfolios full of optionality
  16. Supply contract – Volume flexibility – Modelling
  17. Supply contract – Volume flexibility_Hedging embedded optionality
  18. Supply contract – Volume flexibility_Hedging embedded optionality – Market liquidity
  19. Supply contract – Volume flexibility_Hedging embedded optionality – Possible scenarios
  20. Supply contract – Volume flexibility_Delta-hedging with term contracts
  21. Supply contract – Volume flexibility_Delta-hedging with term contracts – Periodic adjustments
  22. Supply contract – Volume flexibility – Delta-hedging with term contracts – Objectivity-subjectivity
  23. Supply contract – Swing optionality – Introduction
  24. Supply contract – Swing optionality – The value of swing options
  25. Supply contract – Swing optionality – Hedging with futures
  26. Physical capacity – Input & output
  27. Physical capacity – Future margin

This course also includes examination and certification.

Reviews

The course provided a good explanation.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

The most positive element of the course were the short informative lectures.

Olga Lysytsyna
Senior Consultant at E-Star

Content was good.

Maria Kramer
Operational Risk Manager at Statkraft

It is very informative and well described. The subtitles help.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

Good illustration.

Nataliia Trofimova
Internal Auditor at DTEK