top of page

Certificate in best management practices in the energy sector

Level 5

bec.JPG

7-8, 16-17 Nov 2023

The course takes place physically in Bucharest and Amsterdam, in Romanian and English respectively

Best management practices (BMPs) in the energy sector are a set of guidelines and strategies designed to optimize the efficiency, reliability, safety, and sustainability of energy systems. BMPs can be applied to a wide range of energy systems, including power generation, transmission and distribution, and energy end-use in buildings and industry.

On the first day of the course, we will talk about energy regulations both in terms of energy policies and energy markets. We will review the structure of the regulatory framework and the impact of international perspectives on national regulations.

At the same time, the merger and acquisition processes will be presented on this day. We start with an overview, developing specific methods and evaluation stages, finishing with the integration after the actual merger.

On the second day, the program includes informations about the management of a tax audit and a review of the latest tax changes.

We will end the day with an overview of the concept of dispatch management of the national energy system.

The 3rd day programme focuses on one side on hedging tools and strategies (including futures and options, and the possibilities with these instruments from a risk management point of view) while, on the other side, attention is given to market abuse and the latest developments in that field. Time is spent on prevention and detection, including trade surveillance, compliance risk and reputational harm, as well as on sanctioning and the strategies of authorities.

The last day programme is about the latest developments in the markets, considering the energy transition and the impacts on the energy markets in general and the electricity markets in particular. Therefore, attention is given to hydrogen, power purchase agreements for wind and solar parks and to the redesign of the European power market

The course is addressed to C-suite professionals who want to improve knowledge on best management practices in the energy sector

​Curricula

  • Regulation in energy

  • Energy policies

  • Regulatory framework

  • Regulatory institutions

  • Regulatory instruments

  • Energy markets

  • Technological innovation - the impact innovation on energy regulation

  • International perspectives on energy regulation

  • Mergers and acquisitions (M&A)

  • Overview of mergers and acquisitions

  • Legal and regulatory aspects of M&A transactions,

  • Methods used to value companies in M&A transactions

  • The due diligence process

  • Transaction structures used in mergers and acquisitions

  • Methods used to finance M&A transactions

  • Negotiation and execution of mergers and acquisitions transactions

  • Challenges and opportunities associated with post-merger integration

  • New fiscal obligations

  • Fiscal control 

  • Technical management of the national energy system

  • Types of producers

  • Energy dispatcher - levels and responsibilities

  • Frequency adjustment in the network - balancing consumption with production

  • Voltage regulation in the network

  • Ensuring exchanges of electrical energy with energy systems of other countries

  • Breakdown situations: reductions in production / consumption

  • The concept of blackout and grid restart

  • Options/Futures

  • Energy markets - structure and operation of energy markets.

  • Energy commodities

  • Hedging strategies used in energy markets: options; futures

  • Market analysis and identify trading opportunities

  • Regulatory and legal aspects of trading energy derivatives

  • Prevention and detection of market abuse in energy markets:

  • Overview of market abuse:

  • Regulatory framework for preventing market abuse in energy markets

  • Market monitoring and surveillance:

  • understanding of the different forms of market manipulation

  • legal and regulatory aspects of insider trading in energy markets,

  • Abusive trading:

  • the process for investigating and enforcing cases of market abuse 

  • HyXchange – The Hydrogen Exchange in the making 

  • Introduction to the hydrogen market 

  • Potential role of hydrogen in the decarbonization of the energy sector

  • Market structure and infrastructure required for the development of a global hydrogen market

  • Investment and financing challenges associated with the development of a global hydrogen market

  • current trends and outlook for the global hydrogen market

  • Case studies: discussions and case studies that highlight the practical challenges of developing a global hydrogen market 

  • Renewables & PPA (Power Purchase Agreement)

  • Overview of renewable energy sources and their potential to reduce carbon emissions and address climate change..

  • Integration into the grid:

  • Power Purchase Agreements (PPAs)

  • The process of negotiating and structuring a PPA

  • Financing of renewable energy projects

  • Market trends and outlook for renewable energy 

  • Redesign EU Power market

  • Current Status & The Way forward

  • Impact energy crisis for consumers

  • PPAs & Key Market principles

  • Marginal pricing

  • Promote renewables

  • Different types of retail contracts

  • Consumers sharing electricity + Consumer protection

  • Peak Shaving + Flexibility Support

  • Long-term Contracts

  • CfDs for support schemes

  • Manipulating benchmarks

Cost

  • 18000 RON/person;

  • for AFEER members - 11700 RON/person

bottom of page