ONLINE COURSE with 5 ONINE MODULES
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.
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.
For whom is the training:
You are a starter in energy trading. As a trader, analyst or operator.
You work together with energy trading. In for example finance, HR, IT, technology or another business function.
You want to know more about the energy markets.
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 confidenc
Work confidently with people in energy trading
TOPICS
energy markets - forward market - day-ahead and intraday market - balancing markets (FCR, aFRR, mFRR) - market roles and responsibilities - nomination - allocation - imbalance mechanism - merit order - price developments - negative prices - imbalance trading - flexibility - demand response - batteries - contract types
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 markets
Explanation of the market roles: TSO, DSO, BRP, Supplier, BSP, CSP
Rroles and responsibilities
Imbalance mechanism, nomination, allocation
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
Contract types
'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