Description
Overview
This training program takes participants from the basic statistics underlying value-at-risk (VaR) to the most sophisticated techniques used by energy companies today. Learn how a set of effective planning tools can be used to frame, analyze and manage your organization’s exposures. In addition to presenting the fundamental concepts of VaR, EaR and risk management, this training program will also address the financial hedging tools that are required to effectively manage energy risk. Learn a comprehensive energy risk management methodology that addresses energy risk from the strategic perspective of the enterprise level all the way down to the detailed management of specific individual risks.
Agenda
- Overview of Risk Management
- Overview of Energy Risk Management
- Types and Categories of Risk
- Energy Specific Risk Management Tools, Techniques, and Strategies
- Financial Risk Management and its Role in Energy Risk Management
- Operational Risk Management for Energy Businesses
- Risk Accountability Structures, Roles and Responsibilities
- Emerging Risks
- Energy Trading and Risk Management Systems
- The Governance of Risk
Program Objectives
At the end of this training course, you will learn to:
- Develop energy risk management methods and frameworks
- Identify, analyse and measure risk
- Establish suitable risk management structures
- Apply globally accepted risk management practices
- Confidently discuss risk and risk management in the context of an energy business
- The use and applicability of energy trading and risk management systems
- Risk’s role in value creation and sustainable business
Who Can Benefit?
This training course is suitable to a wide range of professionals but will greatly benefit:
- Managers
- Financial Managers
- Energy Strategic Planning & Investment Teams
- Energy Transition Teams
- Operation Managers
- Purchasing Managers
- Risk Management Managers
- Risk Champions
- Energy Analysts
- Project Teams
- Energy Plant Operations Management
- Marketing Managers
- Health, Safety, & Environment Staff
- Energy industry employees with interest in risk