ELECTRICITY FUTURES MARKETS

Hours

10

Duration

5 Days

About the Course

Successful launches of electricity futures markets in smaller power markets are rare. The most recent one was the NEMS in Singapore. This successful launch was the result of more than three years of careful planning, product design, industry engagement and launch preparations. The Singapore example thus holds valuable lessons for other nascent electricity markets that have plans for extending electricity trading beyond spot markets.
The course will provide first-hand in-depth understanding of the challenges facing nascent power markets when launching a forward or futures market, options of addressing these challenges through product design, incentives, industry engagement and other measures. The course explains the positive effects of a futures market, the new opportunities it brings for utilities’ risk management, as well as regulatory questions.