ONLINE COURSE
Why take this course?
The energy sector is becoming increasingly important — and increasingly complex.
You may hear terms such as day-ahead market, intraday trading, imbalance prices, BRP, BSP, aFRR, congestion and flexibility every day. But how do all these pieces actually fit together?
This course gives you the bigger picture.
Instead of focusing on complex formulas or detailed trading strategies, Introduction to Energy Markets explains the key concepts, terminology and mechanisms in a clear and practical way.
It is ideal for professionals who work in or around the energy sector but do not have a specialist energy-market background.
For who?
Whether you are a starter in energy trading. Or you work in finance, HR, strategy, consulting, technology, operations or another business function, you want to better understanding the energy markets.
You will learn about
The different market roles and their roles and responsibilities.
The energy markets; forward market, day-ahead and intraday trading. and 'imbalance trading'
The balancing markets: FCR, aFRR, mFRR
Flexibility, curtailment, demand size respons, batteries and more.
And we will cover various examples and use cases.
No previous knowledge of energy markets is required.
Learn at your own pace.
Build your energy market knowledge. Understand the bigger picture.
After completing the course, you will be able to:
Understand how electricity markets are structured
Explain the roles of the main market participants
Describe how electricity is traded on the different markets
Understand how balancing markets work
Recognise opportunities and challenges created by renewable energy and flexibility
Follow conversations about energy markets with confidence
Work confidently with people in energy trading
5-hour online course
No previous energy-market knowledge required.
Online
Self-paced
Bit-sized personal video lessons
The training consists of five chapters covering the fundamentals of energy markets.
01 Market roles → 02 Energy transition → 03 Energy markets → 04 Prices → 05 Balancing
Explanation of the market roles: TSO, DSO, BRP, Supplier, BSP, CSP
Rroles and responsibilities
Imbalance mechanism
What is going on in the energy transition?
Development green electricity.
Challenges and possible solutions
Flexibility
The energy markets: forward market, day-ahead and intraday
'Imbalance trading'
The merit order principle
Development day-ahead and imbalance price
Duckcurve
Volatility
Negative prices
How do balancing markets work
Details of the 3 balancing markets: FCR, aFRR, mFRR
aFRR price setting
afRR energy and capacity market