• Energy Charter, Energy Strategies, Energy Directives, Energy Laws
• Organisation of Energy Markets
• Organisation of Energy Utilities
• Power balance overview
• The situation in SEE region:
  Croatia, Hungary, Slovenia, Austria, Italy and Norway
• Customer choice of supplier / supplier choice of generator
• Possibilities in competition and trade

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• System Operator responsibility
• Network access and tariff systems
• Network capacity and flow
• Information in the market
• Participants and their interests
• Spot price formation - function and process
• TSOs' operational tasks regarding spot price formation
• Balancing markets
• Congestion management
• Transit, cross-border arrangements and efficiency
• Trading with physical and financial bilateral contracts
• Trading in financial markets at exchanges

• Terminology (types of electricity transactions)
• Contractual participating conditions
• Strategic long term, mid term and short term motivation and planning
• Price forecasting (fundamentals of energy trading)
• Use of different Trading Products
• Bidding strategies, bilateral and on Power Exchanges
• Cross border trade
• Grid tariffs
• Customer processes
• Economic obligations
• Information obligations and activities concerning products and service
• Impact on operational, economic and human resources
• Business structures for market based operations

• Identifying Different Type of Risks
  
• Responsibilities in Risk Management
  
• Risk limits and reporting
  
• Contractual Terms, Operational Terms
  
• Financial Instruments & Options (Term market operations)
  
• Hedging strategies and tactic development, implementation and monitoring
  
• Tools & techniques for risk managers
  
• Hedge performance analysis (hedge portfolio)
  
• Real time trading & hedging examples for all products (Simulations)
  

• Grid Development Plan: Short-term, Medium and Long-term
• Local, Regional and European Context
• Production investments
• Reserve planning
• Power system security
• Authority monopoly regulations