CEP1013: Energy Markets and Procurement

Module overview

This self-directed online training module on Energy Markets and Procurement aims to provide a comprehensive understanding of energy markets, focusing on both electricity and gas. It covers the structure of these markets, the key price drivers, and the mechanisms of energy purchasing. Learners will gain insights into energy spot pricing, the wholesale spot market and the hedging of energy supply contracts.

Additionally, the module will identify areas where demand management can be effectively implemented. It also includes an in-depth exploration of carbon pricing and the emissions trading scheme, equipping learners with the knowledge to navigate and apply these concepts in the context of energy management.

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CEP1013: Energy Markets and Procurement Module Outline (PDF)

Learning outcomes

By the end of the module, you should be able to:

Understand market structures for both electricity and gas.
Recognise the key price drivers of energy.
Understand energy purchasing and how it works.
Understand energy spot pricing and the wholesale spot market.
Understand hedging of energy supply contracts.
Identify areas where demand management is useful.
Recognise and understand carbon pricing and the emissions trading scheme.

Instructions

To complete this module, you will need to open each lesson video by clicking the play button.
To enable subtitle captions, hover over the bottom of the video and click CC. Click again to remove the captions.
Each lesson is an important part of this module, it is recommended you minimise distractions while viewing the videos.
This module includes several short gateway quizzes that need to be passed for progression.
Once you have completed all lessons, you will have access to a completion quiz to help prepare you for the badge exam.
There is no limit on the number of times you can access the completion quiz, we recommend you repeat the exercise until you have achieved at least 75%.
A certificate of completion will be available if you meet or surpass the 75% threshold in the completion quiz.

Demonstrate and promote your knowledge

This module has a matching credential which carries a verifiable digital badge. You can get the credential and the digital badge for this module by passing an [online badge exam]. ENTER LINK
Completing this course does not qualify you for the credential and badge. However, it is your best preparation for exam success.
Your digital badge can be linked to popular social media platforms such as LinkedIn, Facebook and X.
Clients or employers can easily verify your credential through the secure Accredible badge platform.

Certification requirements

You will achieve your full Certified Professional in Energy^TM (CPE) certification after you have:

Obtained all of the required badges (within a 5 year timeframe).
Successfully completed an experience assessment.
Accepted our Code of Ethics and Code of Professional Conduct plus our Disciplinary procedures.
Registered for the CEP Certification Scheme.