Flexibility

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.

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

 

Our Labels

Entrima and Market Abuse Centre (MAC) are the two labels we operate to provide learning services for professionals in the commodity & energy markets.
 
 


Content & Context

Entrima’s mission is to transfer knowledge regarding the business, controls & operations of parties in (or relating to) the wholesale markets.

www.entrima.org


Conduct & Culture

MAC’s mission is to facilitate the prevention & detection of misconduct and to foster proper behaviour in organisations. This is achieved via training, periodic updates and increased awareness.

www.marketabusecentre.com