Energy markets are continuously influenced by various factors. For example, growth in energy demand results from economic developments. But fiscal and monetary policies and currency exchange rates can also be influential. The supply of energy resources can change unexpectedly. Maintenance, weather conditions, import and export capacity, (un)planned changes in production capacity and other factors can cause large price fluctuations. (Geo)political aspects also affect energy prices from time to time. Finally, trading strategies, including arbitrage in time and place and market speculation, also play a determining role in the pricing of various energy sources. These market drivers are different every day, and they vary continuously from one energy source to another.
During the Energy Markets Masterclass, Hans van Cleef will take you into the world of energy markets. Hans will walk through the factors that influence energy markets and show with examples the impact. Impact on short-term (intraday/day-ahead/spot) markets, and the longer contracts (monthly/yearly contracts). The relationship between different commodities, the differences between market price and consumer price, and the operation of the merit order, among others, are also discussed. To what extent do national and international politics play a role? What is the effect of energy and climate policy on markets and market prices? And what role does the EU ETS and CBAM play? Finally, we provide an outlook on energy transition and long-term expectations of a changing energy mix using scenarios.
Date and location
- Thursday, May 16, 2024 from 10:00 a.m. to 4:00 p.m.
(including lunch and drinks afterwards) - Publieke Zaken ERS, Hoge Nieuwstraat 32, The Hague
Your Investment
The cost for the master class is € 495,00 (excluding VAT) per person.
Register
For the master class, please register at: carola.mik@publiekezaken.eu.
More information
For more information, please contact Hans van Cleef, hans.vancleef@publiekezaken.eu.
