NSW Privatisation - The Role of the Electricity Futures Market

Fri 18 Sep 2009

Free Seminar This Tuesday 22/09/2009

NSW Privatisation - The Role of the Electricity Futures Market

The Australian Securities Exchange and d-cyphaTrade would like to invite you and your colleagues to attend a free information session on the role of the Electricity Futures & Options market in the impending NSW Electricity Privatisation.

We have had an overwhelming response to this event and kindly request that attendance be limited to 2 people per organisation and please register your interest ASAP to avoid disappointment.

Details

Date: Tuesday 22 September 2009
Time: 12:00 - 2:00PM - Lunch and refreshments provided.
Venue: ASX Limited | 20 Bridge Street, Sydney NSW 2000

Agenda

1. Welcome and setting the scene
2. The Role of Electricity Futures (hedging and valuation of electricity businesses);
3. Impact of NSW privatisation on electricity hedge markets;
4. NSW forward prices – factoring in CPRS
5. Utilising SFE Electricity EFPs to manage portfolio credit risk
> Eliminating credit default risk in legacy electricity hedge contracts;
6. Futures Offsets for NSW Electricity Retailers
> Using electricity futures to reduce spot-market operating costs for NSW retailers (up to $1.5 billion of bank guarantee savings);
> Update on implementation and regulatory approval
7. Using SFE electricity options to reduce sale-process uncertainty (private bidder perspective)

Registration

Please register ASAP using the online Registration Form to attend this free information session.

If you have any queries please call d-cyphaTrade on 1800 330 101.

We hope to see you there.