Custom Courses Energy, Oil and Gas

Electricity Markets Training

SAQA US AATICD-0515 | NQF 5 | Credits 4 | Duration 2 Days
From $610 per delegate

Description

This course provides a comprehensive understanding of electricity markets, including market structures, trading mechanisms, and regulatory frameworks. Participants will learn to analyze market dynamics, assess risks, and make informed decisions in the context of South Africa's evolving energy sector.

Learning Outcomes

  • Apply the principles of electricity market design to analyze market structures and participant behavior.
  • Analyze the impact of supply and demand dynamics, transmission constraints, and market power on electricity prices.
  • Evaluate the effectiveness of different market mechanisms (e.g., day-ahead, real-time, capacity markets) in achieving economic efficiency and reliability.
  • Design trading strategies for electricity markets, considering risk management and portfolio optimization.
  • Implement regulatory compliance measures in line with South African energy regulations and market codes.
  • Demonstrate the ability to interpret market data and forecasts to support decision-making.

Target Audience

This course is designed for energy professionals, traders, analysts, and managers who need to understand electricity markets for strategic planning, operations, or regulatory compliance.

Prerequisites

None — open enrollment

Course Outline

Day 1: Fundamentals of Electricity Markets

Objectives:
• Understand the structure and key participants of electricity markets
• Explain the principles of supply, demand, and price formation
• Identify different market designs and their regulatory frameworks
• Describe the role of market operators and regulators
• Analyse basic market outcomes using simple examples

Topics:
• Introduction to electricity markets: history and evolution
• Market participants: generators, retailers, traders, consumers
• Supply and demand fundamentals: marginal cost, merit order
• Price formation: energy, capacity, and ancillary services
• Market designs: pool, exchange, bilateral contracts, and hybrid models
• Regulatory frameworks: South African context and NERSA
• Market operation: scheduling, dispatch, and settlement
• Introduction to market data and information systems

Day 2: Market Dynamics and Practical Applications

Objectives:
• Analyse the impact of renewable energy and storage on market dynamics
• Apply risk management techniques in trading and portfolio management
• Understand the role of ancillary services and system security
• Interpret market data and performance indicators
• Develop strategies for market participation and compliance

Topics:
• Renewable integration: intermittency, curtailment, and pricing
• Energy storage: arbitrage, peak shaving, and grid services
• Risk management: hedging, futures, and options
• Trading strategies: day-ahead, intraday, and balancing markets
• Ancillary services: frequency control, reserves, and black start
• Market performance: liquidity, volatility, and market power
• Compliance and market rules: grid codes and licensing
• Case studies: South African and international market examples

Practicals

6 hours of practicals To be conducted online or on-campus or in-house
Overview

The practicals provide hands-on experience with market simulation tools and data analysis to reinforce theoretical concepts. Learners will engage in trading exercises, analyse market data, and develop strategies in a controlled environment.

Practical Activities
  • Market Simulation Exercise — Participants use a simplified market simulation platform to act as generators and retailers, making bids and offers to observe price formation and market clearing. (3h)
  • Data Analysis and Trading Strategy — Learners analyse historical market data (price, demand, generation mix) to identify patterns and develop a simple trading or bidding strategy, then backtest it. (3h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total
Component Out of Weight
Practical Assignments (rubric-scored) 100% 30%
Daily Average (multiple choice) 100% 20%
Final Test (multi-answer multiple choice) 100% 50%
Final Total 100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

Certificate of Completion

Awarded to delegates who achieve an overall mark of 50% or higher on the Final Total (Practicals 30% + Daily Average 20% + Final Test 50%).

How it works
  • Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
  • Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
  • You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
  • If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.
Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 40% off
100 40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.

Upcoming Training Sessions
Online training — attend live sessions from anywhere via our virtual classroom.
Start End Delivery Season Price Action
Thu 08 Oct 2026 Fri 09 Oct 2026 Virtual Spring 2026 $610 Register
Thu 10 Dec 2026 Fri 11 Dec 2026 Virtual Summer 2026 $610 Register
Thu 07 Jan 2027 Fri 08 Jan 2027 Virtual Summer 2026 $610 Register
Thu 04 Feb 2027 Fri 05 Feb 2027 Virtual Summer 2026 $610 Register
Thu 04 Mar 2027 Fri 05 Mar 2027 Virtual Autumn 2027 $610 Register
Thu 10 Jun 2027 Fri 11 Jun 2027 Virtual Winter 2027 $610 Register
Thu 24 Jun 2027 Fri 25 Jun 2027 Virtual Winter 2027 $610 Register
Thu 08 Jul 2027 Fri 09 Jul 2027 Virtual Winter 2027 $610 Register
Thu 09 Sep 2027 Fri 10 Sep 2027 Virtual Spring 2027 $610 Register
Thu 23 Sep 2027 Fri 24 Sep 2027 Virtual Spring 2027 $610 Register
Thu 07 Oct 2027 Fri 08 Oct 2027 Virtual Spring 2027 $610 Register
Thu 09 Dec 2027 Fri 10 Dec 2027 Virtual Summer 2027 $610 Register
Thu 23 Dec 2027 Fri 24 Dec 2027 Virtual Summer 2027 $610 Register
Thu 06 Jan 2028 Fri 07 Jan 2028 Virtual Summer 2027 $610 Register
On-Campus training — face-to-face sessions at our training venues across Africa and beyond.
Showing all 396 sessions across 26 venues
Start End Venue Season Price Action
Wed 30 Sep 2026 Thu 01 Oct 2026 Mombasa, Kenya Spring 2026 $2,484 Register
Wed 30 Sep 2026 Thu 01 Oct 2026 London, UK Spring 2026 $4,968 Register
Thu 01 Oct 2026 Fri 02 Oct 2026 Maseru, Lesotho Spring 2026 $1,566 Register
Thu 01 Oct 2026 Fri 02 Oct 2026 Victoria Falls, Zimbabwe Spring 2026 $1,728 Register
Mon 05 Oct 2026 Tue 06 Oct 2026 Mbabane, Eswatini Spring 2026 $1,566 Register
In-House training — we bring the trainer to your organisation, tailored to your team.
Start End Delivery Season Price Action
Mon 12 Oct 2026 Tue 13 Oct 2026 Your Premises Spring 2026 $794 Register
Mon 14 Dec 2026 Tue 15 Dec 2026 Your Premises Summer 2026 $794 Register
Mon 11 Jan 2027 Tue 12 Jan 2027 Your Premises Summer 2026 $794 Register
Mon 08 Feb 2027 Tue 09 Feb 2027 Your Premises Summer 2026 $794 Register
Mon 08 Mar 2027 Tue 09 Mar 2027 Your Premises Autumn 2027 $794 Register
Mon 14 Jun 2027 Tue 15 Jun 2027 Your Premises Winter 2027 $794 Register
Mon 28 Jun 2027 Tue 29 Jun 2027 Your Premises Winter 2027 $794 Register
Mon 12 Jul 2027 Tue 13 Jul 2027 Your Premises Winter 2027 $794 Register
Mon 13 Sep 2027 Tue 14 Sep 2027 Your Premises Spring 2027 $794 Register
Mon 27 Sep 2027 Tue 28 Sep 2027 Your Premises Spring 2027 $794 Register
Mon 11 Oct 2027 Tue 12 Oct 2027 Your Premises Spring 2027 $794 Register
Mon 13 Dec 2027 Tue 14 Dec 2027 Your Premises Summer 2027 $794 Register
Mon 27 Dec 2027 Tue 28 Dec 2027 Your Premises Summer 2027 $794 Register
Mon 10 Jan 2028 Tue 11 Jan 2028 Your Premises Summer 2027 $794 Register
Training Discounts
Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 40% off
100 40% off

3% off per 5 delegates, up to 40% for 100+

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