Energy Risk USA Virtual Week – September 22-25Th, 2020
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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