Energy Financial Markets

Micro-credential Overview This micro-credential examines Australian power markets. It describes the establishment and development of the national physical electricity market in Australia, and the resultant development of a financial market to manage the risks faced by its participants. The different financial market products available are described, along with their use and applications. This micro-credential includes an exploration of Australia’s gas and environmental markets. It also examines changes occurring in the local power industry, pricing benchmarks and trading, and the impact of renewables. Learning Outcomes: LO1: demonstrate a broad knowledge of the Australian power, gas, and environmental markets. LO2: demonstrate a broad knowledge of selected electricity derivative products, incorporating theoretical concepts, with substantial depth in some areas. LO3: use information effectively to evaluate prices, develop strategies and assess risk. LO4: apply your knowledge of rules and practices on the different exchanges and OTC market conventions in order to trade successfully. LO5: determine, manage and evaluate strategies to manage risk exposures. Key Topics: • The National Electricity Market • Managing risks in the National Electricity Market • Environmental and gas markets Activities • Self-directed online resources • Case studies, group work and in class exercises • Final report_assessed • Short answer questions_assessed Volume of Learning is 75 Hours at AQF Level 9.