Energy Risk USA Virtual Week – September 22-25th, 2020
Day one: September 22nd 8.20 Registration starts – please log in earlier to familiarize with the platform!
Chairperson: Stella Farrington, head of content, Energy Risk 8.50 Energy Risk welcome address: Stella Farrington, head of content, Energy Risk
9.00 *LIVE* Opening address: What have the extreme events of 2020 taught us?
Marc Merrill, president & CEO, Uniper Global Commodities North America 10min transition to the next presentation
9.50 *LIVE* Panel discussion: Covid-19, the ultimate black swan: how did your risk management function perform and what has been learnt about tail risk?
What strengths and weaknesses has Covid-19 revealed in your risk management function? What have we learned from previous black swans to prepare for this one? How did pandemic stress tests hold up? Liquidity risk management during the pandemic What technology has proved to be helpful during this crisis? What changes are you making today to make you better prepared for the next black swan event?
Marcus Cree, senior risk specialist, OpenGamma Tamika Tyson, global head of credit, Noble Energy Glade Wishart, head of compliance North America, EDF Trading (topic tbc)
More speakers to be announced soon 10.30 Coffee break
Energy Risk USA Virtual Week – September 22-25th, 2020
11.00 OpenGamma’s private briefing
Is 2020 the right time to introduce a new model that is so sensitive to price volatility?
Covid-19 and tensions between the world’s biggest oil producers have created unprecedented oil price volatility. Managing the impact on margin calls and short term liquidity planning is extremely testing under these volatile conditions, especially when you consider the added complexity of changes in margin calculation that are set to be introduced this year.
Record price volatility in 2020 and the impact on liquidity planning Switching from a SPAN-based initial margin calculation to a VAR based method Actively predicting and managing the cost and liquidity impact of margin Exploring options for managing this internally or through an industry utility
The roundtable discussion has limited availability. If you're interested in attending, please pre-register by emailing Jamie.Munro@infopro- digital.com 12.00 *Lunch break*
Why eat alone? Invite someone form the conference to join you for a lunch on our virtual meeting organizer! Stream one Stream two
1.00 A gentle introduction to deep learning for trading The SPAN 2 framework – CME’s new margin methodology
What is deep learning and why should traders and risk Nikhil Joshi, senior director, CME Group managers care? Gentle overview and key tools and concepts: tensors, tensor flow, dense networks, RNN, CNN, LSTM What is deep reinforcement learning? Three use cases for deep learning
Nima Safaian, head of trading analytics, Cenovus Energy 5min transition to the next presentation
Energy Risk USA Virtual Week – September 22-25th, 2020
1.40 The evolution of order monitoring capabilities Modeling energy prices in the world of negative pricing
Key elements in order management program Kevin Kindall, senior data scientist, Hartree Partners What’s the motivation behind building your own program? The cost effective way of building order monitoring program Benchmarking solutions: build vs. buy Is your program doing what it is designed to do? Best practises associated with independent peer reviews
John Doran, global director, trade monitoring & analysis, ConocoPhillips 10min transition to the next presentation
2.30 *LIVE* Panel discussion: How to get strategic with data
Data sources: how to select the most useful ones? Data governance Extracting optimum value from data Historical data: how much is it really telling you?
Ravi Prasad, global vice president, digital products, innovation, and ecosystem, The AES Corporation Haibin Sun, director, transmission strategy & analytics, Exelon Stuart Krohn, head global market risk gas, power & energy trading, Shell Trading & Supply
More speakers to be announced soon 3.10 Closing remarks: Stella Farrington, head of content, Energy Risk
*Stay on the platform for meetings you scheduled during the day!* End of the day one.
Energy Risk USA Virtual Week – September 22-25th, 2020
Day two: September 23rd
8.20 Registration starts – log in earlier to familiarize with the platform!
Chairman: Earl Burns, general manager, global risk, pricing & ERM, Phillips 66
8.50 Opening remarks: Glenn Labhart, chairman of the Energy Risk Diploma Program, GARP & principal, Labhart Risk Advisors
9.00 *LIVE* Going global: the challenges of managing complex risk and trading operations as they become increasingly global
To what extent has COVID-19 reversed the trend of oil and gas flows becoming more global? Should US companies still expect their oil and gas operations to become increasingly global longer term? How should they adjust their risk management and trading accordingly? How to make sure you have the right systems and processes in place to run an effective global operation? Aligning your systems, people and data strategy to meet your global goals
Mitesh Doshi, chief risk officer, global head of risk management, TrailStone Group Ammar Ansari, head of risk, Gunvor Group Yumei Ning, senior quantitative risk manager, global crude market risk and enterprise risk management, Shell Trading and Supply
More speakers to be announced soon
10min transition to the next presentation
9.50 *LIVE*
Accenture representative to be confirmed
Energy Risk USA Virtual Week – September 22-25th, 2020
10.30 *Coffee break and virtual meet-ups*
11.00 Virtual think tank: Filling in the talent gap: how to attract and develop talent in an increasingly machine-run world?
The Covid-19 experiment: what have we learned about our teams during the pandemic? Attracting new talent to energy: why has it been a challenge? In an increasingly machine-run world, how do beginners learn the basics? What valuable skill sets are diminishing due to the increased use of machine learning solutions? How can organizations preserve them?
Led by: Glenn Labhart, chairman of the Energy Risk Diploma Program, GARP & principal, Labhart Risk Advisors
The roundtable discussion has limited availability. If you're interested in attending, please pre-register by emailing Jamie.Munro@infopro- digital.com
12.00 *Lunch break*
Why eat alone? Invite someone form the conference to join you for a lunch on our virtual meeting organizer! Stream one Stream two
1.00 Valuation, hedging and risk management for renewable portfolios The use of weather derivatives in retail and renewable generation
Structural change and new market dynamics Gary Taylor, chief risk officer, BP Energy Company Risk dimensions in renewable portfolios Meaningful uncertainty framework Modeling wind and solar projects Modeling batteries as physical hedges and merchant operations Risk metrics for renewable portfolios
Carlos Blanco, managing director, analytic solutions, Ascend Analytics
Energy Risk USA Virtual Week – September 22-25th, 2020
5min transition to the next presentation
1.40 Parameterized calendar correlations: decoding oil and beyond Outlook for LNG in a Covid-19-infected future
Empirical properties of historical realized commodities Ongoing impact of Covid-19 on LNG correlations Complexities behind the LNG supply chain Parametric families for calendar correlations Developments in LNG pricing and hedging Dynamics for instantaneous correlation New LNG contracts: can producers and consumers hedge their way Calibration of the model out of the uncertainty?
Roza Galeeva, adjunct professor, NYU Tandon School of Engineering Chris David, VP, structuring, data analytics, & regulatory affairs, Repsol Energy 10min transition to the next presentation
2.30 *LIVE* Spotlight on innovation & new trends in the increasingly consolidated ETRM software market
What are the new trends and new players in the ETRM space? Moving to the cloud – how much and how fast? The use of AI and ML in ETRM systems Extracting unstructured data from ETRMs to produce decision-useful information
Partha Chatterjee, program directorate, trading and supply, Shell Jose Noyes, IT architect director, ETRM systems, Engie Victor Yu, executive vice president of Americas consulting, KWA Analytics
More speakers to be announced soon
3.30 Closing remarks: Earl Burns, general manager, global risk, pricing & ERM, Phillips 66
Energy Risk USA Virtual Week – September 22-25th, 2020
*Stay on the platform for meetings you scheduled during the day!*
End of the day two.
Day three: September 24th
Registration starts – please log in earlier to familiarize with the platform!
Chairman: Paul Cusenza, chairman & chief executive officer, Nodal Exchange & Nodal Clear
8.50 Opening remarks: Paul Cusenza, chairman & chief executive officer, Nodal Exchange & Nodal Clear
9.00 *LIVE* Opening keynote address: The state of the US energy market during pandemic and political turmoil
Dean Foreman, chief economist, American Petroleum Institute (API)
10min transition to next presentation
9.50 *LIVE* Panel discussion: Sour vs. sweet: how IMO2020 is changing oil market dynamics
Vikas Dwivedi, global oil and gas strategist, Macquarie Sunaina Pai Ocalan, director, corporate strategy, Hess
Speakers to be announced
10.30 *Coffee break and virtual meet-ups*
11.00 Virtual think tank: Blockchain in energy: when will it become a new frontier in energy?
Successes and failures of blockchain projects
Energy Risk USA Virtual Week – September 22-25th, 2020
Update on large scale blockchain-based platforms for energy/commodities trading Applications for oil and gas businesses Has blockchain technology proved to be helpful during COVID-19?
Robert Trinnear, managing director, The Energy Authority Arnaud Stevens, managing director, co-head of energy & natural resources, Americas, Natixis
The roundtable discussion has limited availability. If you're interested in attending, please pre-register by emailing Jamie.Munro@infopro- digital.com
12.00 *Lunch break *
Interactive panel discussion on Zoom: Spotlight on physical and Interactive panel discussion on Zoom: Spotlight the ERM framework financial markets
1.00 Navigating physical and financial correlations amid record Reinventing the ERM framework volatility Capturing new market trends in your ERM program How record volatility has impacted energy derivatives trading Enhancing ERM with new data sets and analytics Understanding what fundamentals now influence energy Integrating ERM framework with strategic planning futures pries What is the impact of the increasing presence of hedge funds What strengths and weaknesses has COVID-19 revealed in your ERM in the industry? program? What’s the role of institutional investors in commodity Nithya Venkatesan, manager, corporate risk, Hess Corporation markets? Glenn Labhart, chairman of the Energy Risk Diploma Program, GARP & Gregory Broussard, senior director, energy trading & market principal, Labhart Risk Advisors strategy, Cargill Ehud Ronn, finance professor at the McCombs School of More speakers to be announced soon Business, The University of Texas at Austin
Energy Risk USA Virtual Week – September 22-25th, 2020
More speakers to be announced soon
2.00 10min transition to the next presentation
2.10 Update from the cleared futures world
How well did clearing function during this year’s record volatility? The role of cleared futures in power markets Applying the lessons of the 2018 power defaults to this year Can clearing provide credit protection for FTRs?
Paul Cusenza, chairman & chief executive officer, Nodal Exchange & Nodal Clear 10min transition to next presentation
2.50 *LIVE* Covid-19 – what is the true impact for the energy industry?
How to withstand record volatility in energy derivatives trading The impact on major market correlations The message from the markets: how energy markets are interacting with financial markets The credit onslaught: how lower credit quality is going to impact US shale and beyond Market sentiment: how to prepare for the new realities of the energy business
Vince Kaminski, professor, Rice University's Jesse H. Jones Graduate School of Management Ehud Ronn, finance professor at the McCombs School of Business, The University of Texas at Austin
3.30 Closing remarks: Paul Cusenza, chairman & chief executive officer, Nodal Exchange & Nodal Clear
*Stay on the platform for meetings you scheduled during the day!*
End of the day three.
Energy Risk USA Virtual Week – September 22-25th, 2020
Day four: September 25th
8.20 Registration starts – please log in earlier to familiarize with the platform! Chairman: Glenn Labhart, chairman of the Energy Risk Diploma Program, GARP & principal, Labhart Risk Advisors
8.50 Opening remarks: Glenn Labhart, chairman of the Energy Risk Diploma Program, GARP & principal, Labhart Risk Advisors
9.00 *LIVE* * Out-of-industry keynote address: The impact of space data on the energy industry
Jason Maroothynaden, business broker, business applications department, European Space Agency 10min transition to the next presentation 9.50 *LIVE* Panel discussion: The power of renewables and technology
Penetration rate of renewables: how quickly renewables will replace fossil fuels? Integration of renewables in the energy system From consumer to producer: how is the industry adapting to the growing prosumers base? How is your organization adapting to the new ecosystem and growing complexities?
Jonathan Hargrove, director, power and gas trading, Invenergy Michael Enger, energy market manager, market operations & risk management, Austin Energy Haibin Sun, director, transmission strategy & analytics, Exelon
More speakers to be announced soon 10min transition to the next presentation
10.40 *LIVE* Panel discussion: Optimization of back office operations
What have you learned about your back office and risk processes during the COVID-19 outbreak? How have your priorities changed? What activities can be eliminated? Effective ways to reduce costs How to effectively update/replace legacy systems
Energy Risk USA Virtual Week – September 22-25th, 2020
How can the front, middle and back office work together more effectively?
Alex Zhukovsky, director, energy portfolio risk management, National Grid Christian De Santis, VP, accounting, finance & control, Eni North America
More speakers to be announced soon 10min transition to the next presentation 11.30 *LIVE* Panel discussion: Climate risk & stranded assets: measuring & managing risks associated with climate change
How is your organization addressing risks related to climate change? Has Covid-19 de-prioritized climate risk? Building the robust BCM strategy: what factors to consider How beneficial are cloud and other technologies in helping firms manage extreme events? Growing concerns over stranded assets
Orlando Flores, director, enterprise risk management & solutions, CPS Energy Freddy Cardozo, chief supply & risk officer, Gas South Alexander Rozenfeld, managing director, founder, Climate Impact Capital
More speakers to be announced soon 12.10 Closing remarks: Glenn Labhart, chairman of the Energy Risk Diploma Program, GARP & principal, Labhart Risk Advisors Final break & opportunity to network
End of the conference.