Links

The Fifth CEVI Energy School
(September 23-27, 2012 in Amsterdam and Rotterdam)

  • Center For Energy and Value Issues (CEVI)

Objective

Europe has been engaged in a debate aimed at building an integrated and competitive energy market since the early 1990s. Leaving the previous nationally oriented energy frameworks models aside, the European Union has taken up the responsibility to develop a strategic policy to change current trends. A truly competitive, single European electricity and gas market is expected to be a free market and open to competition of Europe-wide operating companies. Financial markets have responded to these changes by developing new financial products and markets. The market characteristics of physical energy markets that are opening up are fundamentally different from financial markets which are often rather mature. Although physical energy markets and financial energy markets are closely related, they behave differently. The differences in their characteristics and behavior are substantial, and the effects on price formation and exchange processes are complex. Both risk managers and investment managers need to understand what these differences are and how these differences impact both on investment decision-making and effective risk management approaches. As energy supply is still seen as being vital at a country level, the same counts for regulatory body staff.

Who should attend?

This intensive and interactive training course is designed for practitioners active in energy markets, both the physical market and financial markets. As its primary objective, the course aims to provide a practical understanding of the behavior of energy markets and the risk management implications of physical and financial markets.

The target group of students are employees working in the energy area, such as energy companies, energy markets, regulatory bodies, governments, etc. They will be interested in the finance perspective that CEVI attaches to energy issues.

Energy Schools

Energy School Photos