On the spot market, controllable generation plants and consumers can optimise their sales revenues. With the increase in generation volumes from fluctuation renewable energy systems, trading volumes and the importance of the European short-term markets have been rising for years. At the same time, the rules and framework conditions keep changing. The futures market, on the other hand, is essential as a hedging instrument against fluctuating electricity prices on the spot market for many players in the energy industry. Solid knowledge of the concrete functioning of the common products (futures, forwards, options) and the various trading options is important in order to act successfully. This training provides basic knowledge about price mechanisms and influencing factors of the spot and futures markets and their interaction.
What are your benefits?
After this training, you will be able to
- explain interrelationships and price influences on the spot market,
- recognise the opportunities and risks on futures markets,
- calculate important key figures with the help of practical examples, and
- evaluate the potential of the different markets.
