DAY ONE STREAM THREE

11.40
Key considerations when developing an energy trading strategy
• Establishing an efficient trading function
• Adapting an organisation to incorporate a trading arm
• Identifying profitable trading strategies
• Overcoming obstacles to entering new markets
Oystein Loseth,
Managing Director,
STATKRAFT ENERGY NEDERLAND

1.50
Forecasting the development of a European gas market
• Monitoring the success of Zeebrugge hub – the beginnings of a traded market
• Analysing the extent of gas market liberalisation across Europe
• Assessing the possible implications of a standard contract for gas
• Development of a financial and futures market
• Achieving price transparency
• Lessons learned from the electricity industry
• Forecasting the future of the European coal and oil industries in light of the dash for gas
– analysing the impact of the UK moratorium on the coal industry
Cristobal Burgos, Head of Unit,
EUROPEAN COMMISSION (invited)

2.30
Pool exchange development in Europe: Concepts and approaches
• Exchange development status
• Trading experience – Nordpool
• Issues for the future
David Whitley,
Director, Business Development,
nordpool

4.20
The UK experience - assessing the impact of NETA and NGTA on trading in the UK and across Europe
• Analysing the future shape of the UK market
• Comparing and contrasting the UK and Scandinavian models
• Assessing the development of the gas spot market
• Lessons learned from market development in the UK
Dr Brian Saunders,
NETA Programme Director,
OFGEM

5.00
Information technology for enhanced trading and risk management
Practical implementation of IT systems for trading and risk management
• Identifying key IT requirements
• Determining whether to build or buy
• Ensuring system flexibility for re-designing
• Setting up an effective implementation project
• Adapting IT systems to incorporate different commodities
• Incorporating new derivative instruments in IT systems
• Implementing a risk management IT framework
• Analysing the development of internet trading
• Developing systems for credit risk
• Enhancing systems for pricing, simulation and modelling techniques
Michael Bailey, Senior Manager,
DELOITTE & TOUCHE

5.40
Integrating it systems for efficient trading and risk management
• Enhancing enterprise risk management through integrated systems
• Integrating systems for different business units and commodities
• Integrating front, middle and back office systems
• Integrating results of systems
• Developing a system to manage the physical and financial markets
• Consolidating a system in a diversified marketplace

Day One Stream Three, 3 April 2000
Profiting from trading opportunities in newly competitive European markets *(Move the mouse over the description marked with a star for further details)

8.00 Registration and coffee

8.30
Opening remarks from the chair
Grant Thain, CITIZENS POWER

8.40 KEYNOTE ADDRESS:
Overcoming the obstacles to entering new energy markets
David Weaver, President & CEO, DUKE ENERGY INTERNATIONAL (EUROPE)

9.20
CEO/Senior executive roundtable discussion: Forecasting the development of a common European energy vision
Randall Balhorn, CEO, EDF TRADING,
Hans Tormod Hansen, President and CEO, HAFSLUND ASA
Trevor Christmas, Senior Vice President, Business Development, IPE

10.20 KEYNOTE ADDRESS:
The prospect for energy trading in Europe’s rapidly evolving market
Barney Rush, CEO, Europe Group, SOUTHERN ENERGY INC.

11.00
Morning break and opportunity to view the software exhibition

Stream Three:
Profiting from trading opportunities in newly competitive European markets

11.30
Opening remarks from the chair
Oystein Loseth, STATKRAFT ENERGY NEDERLAND

11.40
*Key considerations when developing an energy trading strategy
Oystein Loseth, STATKRAFT ENERGY NEDERLAND

12.20
Lunch and opportunity to view the software exhibition

1.50
*Forecasting the development of a European gas market
Cristobal Burgos,
EUROPEAN COMMISSION (invited)

2.30
*Pool exchange development in Europe: Concepts and approaches
David Whitley, NORDPOOL

3.10 Trouble-shooting roundtables

Practical implementation of VAR in energy companies

Application of weather derivatives in the energy

Pricing and applying electricity derivatives

Developing effective hedging strategies

Building the forward curve

3.50
Afternoon break and opportunity to view the software exhibition

4.20
*The UK experience - Assessing the impact of NETA and NGTA on trading in the UK and across Europe
Dr Brian Saunders, OFGEM

5.00
*Information technology for enhanced trading and risk management
Michael Bailey, DELOITTE & TOUCHE Practical implementation of IT systems for trading and risk management

5.40
*Integrating IT systems for efficient trading and risk management

6.20
Closing remarks from the chair

6.30
Cocktail reception

8.00
Congress dinner

Day one, 3 Aprill 2000	Stream One	Stream Two	Stream Three
Day two, 4 Aprill 2000	Stream One	Stream Two	Stream Three