Real Options and Simulation in Energy markets is a two-day energy trading course presented by the energy training experts at Mennta Energy Solutions. This course is an advanced course for energy practitioners interested in enhancing their applied knowledge of best practices in valuation, hedging and risk management of long term contracts and physical assets. This highly interactive workshop uses practical case studies, Excel exercises and group discussions to reinforce the concepts presented in the lectures.
The course introduces the models and strategies used to value, hedge and manage the risk of derivatives and physical assets in leading energy trading organizations. Delegates learn about the practical applications of the models and strategies from the point of view of the users of those models, not the quantitative developers.
The course explores the embedded optionality and trading strategies to optimize storage, transportation (ground and marine) assets and long term contracts in gas, power and oil markets. Cross commodity spread strategies are explored in the context of power generation and oil refinery operations. The course also covers the valuation, hedging and optimization of natural gas, LNG and refined product storage strategies in contango and backwardated markets.
Delegates learn how to apply Monte Carlo simulation (stochastic forward curve models, Least-Squares Monte Carlo) and binomial/trinomial trees for physical asset valuation and hedging. Case studies show how to incorporate operational constraints in the analysis.
Date of Event
12 Feb 2019MenntaMennta Energy Solutionsenergy marketsenergy training
Houston TX US 08 Apr 2019
London England GB 24 Apr 2019
Portland OR US 25 Apr 2019
Singapore SG 12 Jun 2019
London England GB 29 Apr 2019