NSW Privatisation - The Role of the Electricity Futures Market

Wed 23 Sep 2009

Tuesday 22 September 2009

The Australian Securities Exchange and d-cyphaTrade held a free information session on the role of the Electricity Futures & Options market in the impending NSW Electricity Privatisation.

DETAILS

Date: Tuesday 22 September 2009

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

  • a. Using electricity futures to reduce spot-market operating costs for NSW retailers (up to $1.5 billion of bank guarantee savings);
  • b. Update on implementation and regulatory approval

7. Using SFE electricity options to reduce sale-process uncertainty (private bidder perspective)

To download a copy of the PDF presentation please click here.