Energy Risk Management

An Interactive 5 - Day Training Course

Energy Risk Management

Managing Risk Exposure in the Energy Sector

Classroom Dates
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29 Jul - 02 Aug 2024
Kigali
$5,950
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30 Sep - 04 Oct 2024
Dubai
$5,950
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18 - 22 Nov 2024
Istanbul
$5,950
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Risk and the management of risk are at the centre of all organisations; however, many organisations still take the view that risk is something that is best left to chance despite the growing need to manage business risks as part of the regulatory and prudential management obligations placed on today’s modern enterprise. It can be a source of potential loss or a contributor to poor performance. When understood and managed effectively, risk can create value and success, and risk management is all about driving success and business excellence. Whether an organisation has been in business for decades, in start-up mode, or driven by innovation, the risk is key in daily operations, regulatory compliance, strategy, and projects and transformation initiatives. Capturing value and leveraging value to build a sustainable performance-led organisation starts with risk management and embedded risk-aware culture.

This interactive, highly practical course is designed to equip attendees with a sound foundation in awareness of risk and managing risk. It provides attendees with the confidence needed to discuss risk at all levels in their organisation. The training course covers the risk management framework, including processes, communication, and culture, embedding risk management and the governance of risk, and the systems associated with energy risk management which can aid and support more vital risk management for energy businesses. The emergence of ESG practices is significant for energy businesses. This course will help attendees understand how risk and ESG interact and how ESG Risks are identified and managed.

By the end of this training course, the participants will be able to:

  • Develop energy risk management methods and frameworks
  • Identify, analyse and measure risk
  • Establish suitable risk management structures
  • Apply globally accepted risk management practices
  • Confidently discuss risk and risk management in the context of an energy business
  • The use and applicability of energy trading and risk management systems
  • Risk’s role in value creation and sustainable business

This training course is fast-paced, highly interactive and participatory, and it will be delivered through a combination of presentations, group discussion, role-play and group exercises. This training course is rich in case studies and examples. Multimedia presentations will feature video case studies and the opportunity to hear experts from a variety of disciplines.

The organisational impact will be as the following:

  • The capacity and confidence for developing long-term energy risk management strategies
  • A basis for establishing a common understanding of risk management, including risk terminology and frameworks
  • Bringing insight and understanding of the relationship between financial and non-financial risks for energy companies
  • How to develop forward-looking indicators to manage risk proactively
  • An understanding of the various risk mitigation strategies, tools, techniques, and approaches to ensure risk-taking is within acceptable limits
  • Awareness of risk management’s role in driving forward operations, performance, and strategies
  • How to approach establishing and monitoring risk appetite and risk tolerance
  • Insight to the use of risk / ERM / ETRM technologies as part of the overall risk management architecture

Upon completion of this Energy Training Centre course, the delegates will gain:

  • A clear understanding of energy risk management
  • A sound basis and knowledge of risk management in its role in decision making
  • An appreciation of the various types of risk in the energy business
  • An understanding of risk’s role in the energy sector
  • The skills needed to participate in meaningful risk management and strategy discussions confidently

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

  • Managers
  • Financial Managers
  • Energy Strategic Planning & Investment Teams
  • Energy Transition Teams
  • Operation Managers
  • Purchasing Managers
  • Risk Management Managers
  • Risk Champions
  • Energy Analysts
  • Project Teams
  • Energy Plant Operations Management
  • Marketing Managers
  • Health, Safety, & Environment Staff
  • Energy industry employees with interest in risk

DAY ONE: OVERVIEW OF ENERGY RISK MANAGEMENT 

  • Introduction to Risk & Risk Management
  • Risk Management Standards
  • Key Definitions
  • Critical Success Factors for Risk Management
  • Organisational Risk Attitudes (Risk Culture)
  • Organisational Structures
  • Risk Roles and Responsibilities
  • Risk and Strategy
  • Culture

 DAY TWO: RISK MANAGEMENT CATEGORIES 

  • Financial Risks
    • Market risk
    • Credit & counter-party risk
    • Liquidity risk
    • Limit management
  • Operational Risks
  • Systemic Risks
  • Emerging Risks
  • Strategic Risks

 DAY THREE: RISK REPORTING & MITIGATION 

  • Understanding Materiality
  • KRIs
  • Developing Risk Reports
  • Risk Mitigation & Controls
  • Aligning Opportunities, Strategy, and Risk
  • Integrating Risks Across the Energy Business
  • Risk Management Accountability & Ownership

 DAY FOUR: APPLYING RISK PRACTICES TO THE ENERGY BUSINESS 

  • Comparison of Risk Practices across Sectors
  • Risk Management’s Role in Strategic Management and Value Creation
  • Leveraging existing Operational Risk Management as part of ERM
  • Risk Accountability Structures
  • Tools and Techniques
  • Aligning Risk, Compliance, & Regulation

 DAY FIVE: ENERGY TRADING 

  • Energy Trading: What, Where, and How?
  • Overview of Energy Trading and Risk Management
  • Energy Trading and Risk Management Systems
  • Integration of technology as part of the risk architecture
  • ERM Systems
  • Dealing with Energy Trading
  • ESG: The new frontier for risk
  • The Future - Risk and Value Creation

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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