Power and ElectricalElectricity Trading and Power Purchase Agreements
Electricity cannot be stored cheaply and must be balanced continuously, which makes its market unlike any other commodity market and its contracts unusually specific about when and how much. This course covers both. Delegates work through market structures from single buyer through to competitive pools and bilateral trading, dispatch, merit order and the pricing that results, and the balancing and settlement arrangements that determine what a participant actually pays. Power purchase agreements are covered clause by clause where it matters: term, capacity and energy payments, availability, curtailment and the take or pay obligation. Currency, indexation and sovereign risk are addressed, since these agreements run for decades. The course closes on wheeling, on renewable intermittency and on negotiating a bankable agreement.
Course objectives
- Compare market structures from single buyer to competitive trading
- Explain dispatch, merit order and the resulting price
- Describe balancing and settlement and what a participant pays
- Read a power purchase agreement's commercial terms
- Assess capacity, energy, availability and curtailment provisions
- Address currency, indexation and sovereign risk over a long term
- Handle wheeling, intermittency and negotiate a bankable agreement
Who should attend
- Utility commercial and trading staff
- Independent power producer developers and analysts
- Regulators and system operator personnel
- Legal and finance advisers on power projects
- Large industrial electricity buyers
Course outline
- 01A commodity that cannot be stored
- 02Market structures and single buyer models
- 03Dispatch, merit order and pricing
- 04Balancing and settlement
- 05Power purchase agreement structure
- 06Capacity, energy and availability terms
- 07Curtailment, take or pay and force majeure
- 08Currency, sovereign risk, wheeling and bankability
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 19 to 23 October 2026 | Kigali, Rwanda | Classroom | USD 1,325 per delegate | Register Now |
| 1 to 5 February 2027 | Online | Online | R8,500 per delegate | Register Now |
| 8 to 12 February 2027 | Nairobi, Kenya | Classroom | USD 1,325 per delegate | Register Now |