Course Code: EG2
Category: Energy
Dates, Venues & Fees:
Feb 15-Feb 26 | Washington DC | $6,980.00
Jun 28-Jul 09| Maryland | $6,980.00
Oct 11-Oct 22| London | $6,700.00
Duration: Two Weeks
Course Overview
The course provides a broad introduction to global markets for crude oil and refined petroleum products; natural gas; and electric power. A major goal of the course is to help delegates understand how market design, market institutions and regulatory structures affect firm-level decision-making in the energy industries, and ultimately how these decisions affect the functioning of energy markets and the prospects for alternative technologies.
Target Audience
This course on Energy Markets, Policy and Regulation is designed for:
- Regulatory Professionals
- State and local public utility regulators and policymakers
- Regulatory accountants, auditors, and financial analysts
- Members of electricity and energy boards
- Officers and Executives from Utility Organizations
- Officers from the Government Ministries
- Utility Engineers
- Policy Makers and Analysts
Course Outcomes
By the end of this course, delegates will gain knowledge and skills to:
- Confidently communicate on global energy industries and energy policy
- Use a set of standard quantitative tools used in decision-making in the energy industries
- Explain how emerging regulations may change industry decision-making
- Describe how modern markets for energy commodities are structured
- Describe how existing and emerging environmental concerns and policies could impact these markets
- Evaluate the profitability of new projects or technologies in the context of these markets and regulations
- Develop financial statements for energy projects
Key Course Highlights
- The global market of crude oil
- The global nature of the market for crude oil
- The role of OPEC and other major players in the global oil market
- Factors influencing spot and futures oil pricing
- Data sources related to the global oil market
- Markets for refined petroleum product
- Basic refinery economics and “crack spreads”
- Global and regional movements of petroleum products
- Factors influencing product pricing and refinery investment
- Data sources related to the market for refined petroleum
- Markets for natural gas
- Major shale energy producing areas
- Asset specificity and complementarity between natural gas and pipelines
- Regional nature of natural gas markets
- Hub versus index pricing for natural gas
- Data sources related to natural gas markets