Learning Platform - "Trade Compliance & Surveillance"

Course: Modelling

About the online training programme

This course covers how flexibility in commodity & energy portfolios can be viewed. Based on the real option approach flexibility can be modeled in terms of optionality. It is explained that this is useful for valuation and hedging purposes, plus how this can take place.

Course Contents

This course covers the following video lessons:

  1. For valuation & hedging purposes
  2. Spread option valuation
  3. Storage capacity – Hedging the time spread exposure
  4. Storage capacity – Time spread option
  5. Storage capacity – Hedging call on time spread
  6. Storage capacity – Complexity
  7. Transport capacity – Hedging the location spread exposure
  8. Transport capacity – Location spread option
  9. Production & consumption capacity – Margin option
  10. Production & consumption capacity – Power plants
  11. Production & consumption capacity – Refinery & crusher
  12. Hedging spread options versus hedging capacity
  13. Liquidating hedge on outright position
  14. Liquidating hedge on storage capacity
  15. Liquidating hedge on transport capacity
  16. Liquidating hedge on processing capacity
  17. Dynamically hedging an outright option
  18. Dynamically hedging a spread option – Strategy
  19. Dynamically hedging a spread option – Details
  20. Model versus reality – Mismatch of characteristics
  21. Model versus reality – Number of options & granularity
  22. Model versus reality – Path-dependency
  23. Model versus reality – Path-dependency – Forward start option
  24. Model versus reality – Path-dependency – Exchange option
  25. Model versus reality – Path-dependency – Lookback option
  26. Model versus reality – Path-dependency – Barrier option
  27. Modelling power generation capacity – Types of capacity
  28. Modelling power generation capacity – Gas plant – Cross-commodity options
  29. Modelling power generation capacity – Gas plant – Number of options
  30. Modelling power generation capacity – Gas plant – Specific characteristics

Entrima has trained numerous professionals and certified thousands of learners, and counting

The in-company training services were very satisfying, amongst others, as they served the purpose of learning by debate and through exchange of thoughts.

Pieter Schuurs
Intercontinental Exchange | ICE Endex

The most positive element of ENTRIMA’s online learning services concerns the progressive (step-by-step) approach from simple to more complex concepts.

Ronan Haas

The online learning services are based on a comprehensive curriculum with a wide variety of theoretical basics combined with a profound business knowledge. The courses provide an in-depth understanding of business relevant processes.

Mario Claeys
Uniper Global Commodities

ENTRIMA’s courses are very suitable for our employees; good quality content is what we look for.

Rob Veersma
Advisor | Global Energy Community

Really well structured and easy to follow content that is varied in delivery in order to keep the reader engaged. Looking forward to seeing more from the ENTRIMA in the future!

Erika Rabadia
Manager Trading Surveillance | Shell

The course provided a good explanation.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

Content was good.

Maria Kramer
Operational Risk Management at Statkraft

Good illustrations

Nataly Trofimova
Head of Internal Audit at D.Trading

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

Olga Lysytsyna
Senior Consultant at E-Star

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

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

ENTRIMA’s Learning Platform provides access to a rich variety of courses which is really valuable for a life-long learner. You can access the content anytime and very easily, using your time wisely to study and grow.

Onest-Dan Gheorghisor
Sr. Expert Energy Trading & Risk Management B2B & B2C Sales OVM Petrom