Advanced Energy Economics

An Interactive 5 - Day Training Course

Advanced Energy Economics

Evaluating the Economy and Making Efficient Economic Decisions

Classroom Dates
Register
20 - 24 May 2024
London
$5,950
Register
Register
02 - 06 Dec 2024
London
$5,950
Register
Online Dates
Register
20 - 24 May 2024
Online
$3,950
Register
Register
02 - 06 Dec 2024
Online
$3,950
Register

This Advanced Energy Economics training course will provide you with the essential skills to make effective economic decisions in the Energy Sector by evaluating and balancing both the Economic Benefits and Risks. It will focus on the latest economic factors affecting companies in the sector, focusing on how companies may manage changes in major economic variables such as demand, energy prices, interest rates, and exchange rates. The participants will be introduced to the latest tools and techniques, such as financial derivatives relevant to the energy sector. In addition, they will use simulation techniques to model economic returns and risk management.

This training course will not only provide with knowledge of the latest tools and techniques; it will also develop the skills so that the participants will be able to transfer those skills to the workplace to make a tangible benefit to your organisation.

By the end of this Energy Training Centre training course, the participants will learn to:

  • Evaluate the economic environment to improve decision making
  • Model economic decisions in the energy sector
  • Make efficient economic decisions
  • Recommend economic methods of finance
  • Manage financial and economic risk efficiently and effectively

The Advanced Energy Economics training course will be utilising a variety of proven adult learning teaching and facilitation techniques that include evaluating real-world case studies from the Energy Sector, video, and lecture presentations as well as group discussions.

The participants will be encouraged to actively relate the course's principles and skills to the needs of their workplace to ensure the transfer of skills for organisational benefit.

This training course is designed to provide transferable skills which will directly benefit the organisation.

As a result of sending employees to attend this Advanced Energy Economics training course, the organisational will gain:

  • Staff with economic knowledge and understanding
  • Informed staff and engaged with the latest developments
  • Improved risk management
  • Staff with knowledge of the latest tools and techniques
  • Improved performance with staff better able to meet customer needs
  • Improved finance and risk management culture

This training course is designed to give participants the skills required to aid their personal development.

As a result of attending this Advanced Energy Economics training course, the individual will gain:

  • Improved analytical skills
  • Improved knowledge and understanding
  • The ability to apply new skills
  • Up-to-date knowledge
  • Legal, financial and risk management knowledge and skills
  • The ability to improve their roles and career growth

This Energy Training Centre training course is suitable for a wide range of professionals. Still, it will significantly benefit those working in the Energy Industry with a desire to improve their knowledge of energy economics.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Financial Professionals in the Energy Industry
  • Technical Managers (Electrical Power Engineers, Maintenance Technicians, Electrical, Supervisors, Engineering Professionals, etc.) with the need for finance and economics
  • Energy Project Managers
  • Procurement Supply Chain Professionals
  • Risk Manager and Professionals

Day One: The Economic Environment and the Energy Industry

  • The Economic Environment
  • Economic Challenges facing Governments and the Energy Sector
  • Economic Evaluation of Reserves
  • Making Economic Decisions in an Uncertain World
  • EMV Expected Monetary Value & Decision Trees
  • The Probability & Impact of Changes in Economic Variables: Interest Rates, Exchange Rates & Energy Prices

Day Two: Economic Modelling in the Energy Industry

  • Revenue & Revenue Recognition
  • The Impact of Energy Price Volatility
  • Cost Estimation
  • The Impact of Joint Venture & Production Sharing Agreements
  • Working Interest, Royalties & Taxation
  • Forecasting the Cashflow

Day Three: Economic Evaluation of Energy Projects

  • Evaluating Accounting Profit and Return on Equity (ROE)
  • Cost-Benefit Analysis: Finance V Economic Value Added
  • Economic Analysis: Economic Value Added & Sustainability
  • Key Economic Parameters - NPV, NPVI, IRR, Payback, Adjusted NPV & Adjusted Payback
  • Cost Recovery Method
  • Government Evaluation and Value for Money (VfM)

Day Four: Economic Finance and the Energy Industry

  • Types of Finance
  • Calculating the Cost of Capital (WACC) and the Capital Assets Pricing Model (CAPM)
  • Determining the Economic Hurdle Rate
  • Economic Management of Energy Projects
  • Earned Value Analysis
  • Budgetary Control & Cost Management

Day Five: Economic & Financial Risk Management in the Energy Industry

  • Economic & Financial Risks
  • Managing Economic Risk & Uncertainty
  • Developing and Using a Risk Model Analysis
  • What are Derivatives? - Forwards, Options, Futures & Swaps
  • International Derivative Markets & Middle East Derivative Markets
  • Derivatives: Risk Management Tool or Economic Risk?

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations 

Our training courses are held at our partnered hotels within the city included within our training

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 If you register online, you will receive an e-mail on the same day confirming your registration.

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggested a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.

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