Simulation Games
Practical Energy Market Training for Trading
Would you like to speculate risk-free? In our Simulation Games, you run through various trading simulations, either in an online or board game version. At the end, you will have a profound understanding of the processes and interrelationships in energy trading. Use the playful approach as a welcome alternation in your daily work or university routine.
Take individual insights and especially the experience of an extraordinary event into your job. Whether in German or English, the ideal number of participants is between 5 to 18 in each case. We accompany your group through the simulation game to clarify background information or questions. If required, you have the flexibility to combine the game with discussions on the current market situation or with an energy market training – simply contact us for suggestions.
As an educational institution, you have the option of integrating the Online Simulation Game into your own courses. For this purpose, you will receive the corresponding licences and training from our energy market experts.
- You decide on the time and place as well as the number of participants.
- You receive a certificates after the simulation game.
- We continuously ensure the quality and currency of the training based on market developments and energy market trends.
Online Simulation Games
How do I optimise revenues at the spot market?
Content: In this Simulation Game, you take on the role of a gas-fired power plant operator who sells his power plant capacity on the day-ahead and then on the intraday market. At the same time, the technical constraints of the power plant must be taken into account. Various influencing factors, such as changing weather conditions, provide you with continuous incentives to optimise your revenues.
Agenda:
- Step-by-step instructions for a spot market game scenario
- Exercises for buying and selling electricity on the continuous intraday market
- Selling of a CCGT power plant on the spot market (day-ahead, intraday)
Target group: This online simulation game is suitable for newcomers to the energy industry, study groups, but also professionals with many years of experience. We adapt the introduction to the Simulation Game depending on previous knowledge.
How do I optimise revenues at the forward market?
Content: In this Simulation Game, you place a coal-fired power plant on the forward market over a period of one year. You can offer the power generation capacity monthly as a base or peak product on the OTC market. In addition, you have the task of procuring sufficient coal for the energy supply as well as CO2 certificates. Price changes on the market and credit limits with trading partners add realistic aspects to the game.
Agenda:
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Step-by-step instructions of a forward market trading game scenario
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Forwards trading for your coal-fired power plant on the electricity market, CO2 market and coal market
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Further game scenarios for forwards trading
Target group: This online Simulation Game is suitable for study groups with basic knowledge as well as for professionals. We adapt the introduction to the Simulation Game depending on previous knowledge.
How do I optimise my European power plant portfolio on the intraday market?
Content: In this Simulation Game, the individual players have a power plant portfolio of different technologies in different countries. The goal is to maximise revenues from the portfolio on the intraday market. Via cross-border interconnectors between the European countries, price differentials between the bidding zones of the individual countries can be used if you have booked the corresponding interconnector capacity.
Agenda:
- Step-by-step instructions for a cross-border game scenario
- Exercises on buying and selling electricity on the continuous intraday market
- Selling electricity from your power plant fleet on the spot market (intraday)
Target group: This Simulation Game is suitable for newcomers to the energy industry, study groups, but also professionals with many years of experience. We adapt the introduction to the simulation game depending on previous knowledge.
Board Simulation Games
How do I optimise the power plant dispatch at the spot market?
Content: The simulation game Spot Market Electricity simulates the trading situation on the spot market in the form of a board game. You sell electricity from a mixed power plant portfolio consisting of conventional and renewable plants. Based on the structure of the merit order, you learn to cover your load profile, to submit buy and sell bids and to react to market messages.
Agenda
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Step-by-step instructions for a spot market game scenario
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Exercises for buying and selling electricity on the continuous intraday market
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Electricity trading on the day-ahead market and the intraday market
Target group: This board simulation game is suitable for newcomers to the energy industry, study groups, but also long-term professionals. We adapt the introduction to the simulation game depending on prior knowledge.
How do I optimise the power plant dispatch at the forward market?
Content: In the board simulation game Forward Market, the players take over the procurement of electricity for a given sales load profile. In doing so, they can make use of generation capacities in the form of a coal-fired power plant or electricity deliveries (forwards). In addition to electricity trading, the players learn how to manage a coal storage facility and have to react to price developments in various commodity markets.
Agenda:
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Step-by-step instructions for a forward market game scenario
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Discussion how to deal with price risks
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Electricity and commodity trading with selected market events
Target group: This board simulation game is suitable for newcomers to the energy industry, study groups, but also long-term professionals. We adapt the introduction to the simulation game depending on prior knowledge.
Are you interested in a simulation game? Then please feel free to contact us.
"A big thank you to the trainers. You did an extraordinary job and our guests were unbelievably enthusiastic.“
To what extent do trading simulations deepen the understanding of energy markets?
In your company, regular discussions and cooperation have a high priority, also in the context of further training measures. Your team is a colourful mix of both, experienced professionals and newcomers without experience in the energy industry. The team should get to know each other better in a special event and at the same time the gain professional experience.
With our simulation game, you and your team will learn about the processes and interrelationships of energy trading in a fun and enjoyable way. The competitive nature of the games particularly promotes teamwork and brings out new character traits and competences.
The participants return to their daily work with fresh motivation. The interrelationships of electricity trading are now more tangible and permanently anchored in their memory thanks to the practical experience.