Over the last two years UK gas spot market prices have ranged from -£1/MWh to £74/MWh. Energy purchasing in such a volatile market environment poses many challenges for gas buyers. This one-day seminar is designed to help gas purchasers understand how the market works and review the different contracting options available for managing price risk. From the broader perspectives of contract structures and the future of gas purchasing to the specifics of understanding the effect of the spot market and tendering and supplier selection, the course will complement the understanding of those already working within the arena and provide an excellent foundation for those needing a full understanding of gas purchasing for commercial and industrial customers, small and large. The course will also provide an overview of the new gas interruptions and turndown regime.
Programme
0930-1010 Market overview
1010-1050 Getting gas to the customer
1050-1130 How gas is bought
1130-1145 Coffee
1145-1215 Seller info needs
1215-1315 Seller profiles
1315-1400 Lunch
1400-1445 Getting the best deal: tendering
1445-1515 Getting the best deal: added value
1515-1530 Coffee
1530-1615 Getting the best deal: interruptions and turndown
1615-1645 Key contract clauses
1645-1700 Round-up and close
Who's it for?
· Finance directors
· Energy purchase managers
· Utilities managers
· Lawyers
· Consultants
· Officials
Provided by MJMEnergy Ltd and Energy Links Consultancy
Rowland Sheard has been an independent consultant since April 1997, specialising primarily in commercial aspects of gas and power. Prior to this he worked for BG in marketing before heading up National Power's gas activities for 7 years. As a consultant he has worked in the UK and around the world negotiating gas purchase contracts, advising on power projects, gas management, liberalisation and purchasing strategy for medium and large customers.
Nick F White is Research Manager at MJMEnergy Ltd and has been responsible for a number of projects examining gas pricing, gas transportation charges, market liberalization, exit capacity reform and the Uniform Network Code. He is author of a number of energy market reports including Liberalising Gas Markets in Europe, Energy Trading in the UK, and The Entry Capacity Auctions.
