The Course for Energy Professionals

Structure

Developed with decades of industry experience, the energy training course is structured to take candidates from zero knowledge through the history of energy generation to market design, modern risk management and renewable energy sources.

We recognise the importance of a comprehensive energy training course for onboarding new hires as well as reinforcing knowledge for more experienced team members.

Energy Course Structure

3 Energy Course Key Principles

Course candidate
1. Self-Paced Online Learning

Master the fundamentals of the energy industry at your own pace with structured, accessible content.

  • 10 structured sections, short videos, and quizzes
  • Study flexibly — fits around your schedule
  • Immediate access on the Energy Wise Training platform
Energy Wise Founder Leading a Course
2. Instructor-Led Workshops

Online or in person workshops

  • 3-hour live session with expert instructors
  • Challenge questions and real-world discussion
  • Focus on the topics that matter most to you or your team
Ongoing support
3. Ongoing Expert Support
  • 6 months unlimited expert Q&A
  • Course updates
  • Join a growing community of Energy Wise alumni

10 Sections of the Energy Course

Organised beautifully and logically into10 sections.

Each section builds and guides the candidate through the modern commercial energy landscape.

To understand why energy markets are design the way they are, we start with history – the origins of power generation, regulated and deregulated markets.

We then then look at market design, renewable energy sources, modern trading and risk management techniques.

Course Sections Build

Energy Basics

  • What is Energy?
  • The Energy Industry
  • Forms of Energy

Industry Drivers

  • Commercial
  • Technical
  • Political
  • The Energy Trilemma

Electricity Basics

  • What is AC and DC?
  • AC Electricity
  • Frequency

Electricity Generators

  • Generator Principles
  • Three Phase

Maths & Physics

  • V=IR and Power
  • Minimising Transmission Line Loss
  • Units of Energy
  • General Principles
  • Coal
  • Gas
  • Nuclear
  • Oil and Diesel

Renewable Sources

  • Wind
  • Solar
  • Hydroelectric

Merit Order

  • Basics
  • Demand variation
  • Capacity variation
  • Emissions
  • Summary
  • Definition
  • VPPs and Aggregation
  • Demand Side Response
  • Virtual Power Plants

Subsidies

  • Phase out of Feed in
  • Exposure to merchant risk

PPAs

  • Overview
  • Demand Basics
  • Demand Curves
  • Demand Forecasts -> Actual Delivery
  • Demand -> Delivery

Load shapes

  • Baseload, Peak, Off-Peak
  • GB – EFA Calendar
  • Not all days are the same

Market Participants

  • Supply Chain
  • Large Utilities
  • Independent Power Producers
  • Energy Traders
  • Aggregators
  • Retailers
  • TSOs and Regulators

TSOs, Operators and regulators

  • Oversight
  • European NEMOs – DA
  • European NEMOs – Intraday
  • European TSOs
  • TSO/DSO

Markets

  • Market Overview
  • Trading and Market Operation
  • Market Participation (GB used as a starting point)
  • Chemistry
  • BESS Relative sizes
  • Uses
  • Limitations

Co-Location

  • Overview
  • Advantages
  • Limitations

Storage

  • Types of storage
  • Energy Markets
  • Market Trading Timeline
  • Market Participants

Trading

  • OTC Concept
  • Exchange Concept
  • Venues – characteristics
  • Counterparties and Master Agreements

Regulation

  • Overview

The Trade Lifecycle

  • Front Office
  • Middle Office
  • Back Office
  • Risk Management Basics
  • Risk Types
  • Risk Measures – MtM, VaR, P&L, CVaR

Value at Risk (VaR)

  • VaR Basics
  • VaR ‘Flavours’
  • Probability Curves (or distribution)
  • VaR walk through – Monte Carlo

Profit & Loss and Mark to Market

  •   Contracts
  •   Mark to Market
  •   Profit and Loss
  •   MtM and P&L evolution
  • Composition
  • Market Price and Forecasts

Pricing in liquid markets

  • Pricing in illiquid markets
  • Low liquidity pricing

Price Forecasts

  • Forecast evolution
  •  Capital Investment Stack
  •  Short- and Long-Term Horizons
  •  Financing and return on investment
  •  Project lifecycle

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