Retailers' Price Risk in National Electricity Market

Download as pptx, pdf

0 likes2,285 views

Raman Vaid has worked in various roles in the energy sector in Australia since 2008. He has experience at National Australia Bank, Lumo Energy, Energy Australia, and EnergyAustralia. He also has volunteer experience mentoring young energy professionals and working with Victoria Police on crime prevention. The document then provides an overview of how the National Electricity Market in Australia works, including the key participants and regional structure. It describes how generators sell electricity to retailers who then supply customers, and how prices are set every five minutes. Risk management practices for generators and retailers using financial contracts to stabilize cashflows are also summarized.

Business

Work Experience
 Associate, National Australia Bank (2008)
 Regulatory Analyst, Lumo Energy (2009)
 Industry Development Analyst, Energy Australia (2011)
 Pricing Analyst, EnergyAustralia (2013)
Volunteer Experience
 Student President, Federation of Indian Students of Australia
 Media Spokesperson, International student issues
 Student Representative, Victoria Police Crime Prevention Working Group
 Mentor, Young Energy Professionals

 The NEM is a wholesale market for electricity
supply where electricity generators and retailers
trade electricity.
 There are five regions in the NEM: Queensland, New
South Wales (incl ACT), Victoria, South Australia and
Tasmania.
 Market Participants:
◦ Retailers
◦ Transmission companies
◦ Generators
◦ Australian Energy Market Operator (AEMO)

 Generators sell electricity to retailers to on-sell to
households and businesses.
 Prices in the NEM are determined every five
minutes, with the average price every half-hour
calculated to determine the pool price for each
trading interval for each of the regions in the NEM.

 Spot price volatility in the NEM is significant. At no notice,
prices can move from $50/MWh up to $13,000/MWh (market
price cap)
 Example: a short exposure of 10 MW to the Market Price Cap
($13,500/MWh) would result in losses of $135,000 per hour.
 As a result of this volatility and price uncertainty:
◦ generators face the risk that low prices will reduce earnings, and
◦ retailers face the risk that high prices increase costs above the
level they can charge customers.
 Generators and retailers manage this risk by using financial
contracts (swaps and caps) to stabilise their cashflows.

 Jack Green was a small retailer which went into
administration in 2009 for an alleged failure to pay
an outstanding $808,983.
 the money was owed due to the on-the-spot
purchase of energy during NSW's heat wave, when
prices were significantly high

 Electricity Historic Price and Demand: AEMO
http://www.aemo.com.au/Electricity/Data/Price-and-Demand
 Electricity Futures Contracts: ASX Energy
https://asxenergy.com.au/
 State of the Energy Sector: Annual report published by
Australian Energy Regulator
http://www.aer.gov.au/publications/state-of-the-energy-market-reports

 AEMO, An Introduction to Australia’s Electricity Market, July 2010
 Smart Company, Energy company Jackgreen collapses due to heat
wave, Dec 2009
 Energy Efficiency Exchange, http://eex.gov.au/

The document discusses various disruptive clean technologies including solar, wind, and electric vehicles. It notes that while inertia can slow disruption, disruptive technologies are ultimately better and cheaper than existing alternatives. For electric vehicles specifically, it summarizes that battery costs are declining which will improve electric vehicle competitiveness and range. It also discusses the importance of charging networks like Tesla's Supercharger network for consumers.

Battery charger usaPower Jack Electric Co.,Ltd.

��

Powerjack Power Inverter offers a range of inverters at different price points, allowing customers to convert direct current (DC) into alternating current (AC) for running appliances. It emphasizes the importance of selecting suitable inverters based on personal needs and also notes the necessity of maintaining battery charge for optimal use. The document includes contact information and highlights the variety of available inverter shapes and capacities.

Tom Saxton, Plug In AmericaForth

��

The document discusses the barriers to electric vehicle (EV) sales and emphasizes the importance of consumer understanding regarding the benefits of EVs, which are fun, convenient, and economical to fuel. It highlights various stakeholders, including consumers, dealers, and automakers, who need to address their inexperience and apathy towards EVs. Additionally, it mentions Plug In America's initiatives and resources aimed at promoting EV adoption.

5 Things You Didn't Know About EVsCapital City Electrical Services

��

The document provides 5 facts about electric vehicles (EVs) in the UK: 1) The number of EVs on UK roads has increased dramatically from 138 in 2010 to over 164,000 pure EVs and 373,600 EVs and plug-in hybrids in 2020. 2) New EV registrations in the UK reached 66,600 pure EVs and 108,800 EVs and plug-in hybrids in September 2020. 3) The top 3 most popular EVs sold in the UK in March 2020 were the Mitsybushi Outlander PHEV, Nissan Leaf, and BMW 330e. 4) Home charging is usually the cheapest option and government grants are

Urjanet's Guide to Utility TariffsUrjanet

��

Utility tariffs are pricing structures set by energy providers that consist of fixed charges and variable charges based on energy consumption. Different tariff types include standard rates, flat bill rates, time-of-use rates, tiered rates, EV rates, and feed-in rates. Consumers can save money by switching to the optimal tariff based on their energy usage patterns and may request changes through their utility provider without any associated costs.

evshift.comn4mraye083

��

The electric vehicle market is rapidly growing as demand increases and more manufacturers unveil new electric car models. Over the next few years, the number of electric cars offered by manufacturers will greatly expand due to major investments by industry leaders in designing and developing electric vehicles. Currently, there are over 10 electric vehicles available for purchase that offer the longest driving range between charges according to EPA estimates, making them practical options for many drivers.

Home Energy from Constellation Energy SpecialConstellationSpecial

��

Constellation Energy is an energy provider that offers competitive rates for electricity and natural gas in many states thanks to deregulation of the utility industry. They provide fixed rates for contracts of 6-24 months to protect against rising energy costs. Constellation serves both residential and business customers, offering renewable energy options and great customer service including a 90 day satisfaction guarantee.

Future of Energy Scenario Update July 2020hiddenlevers

��

The document discusses the impact of COVID-19 on electric vehicle (EV) adoption in the U.S., indicating a slowdown in the market despite growth in market share. It highlights Tesla's significant stock performance compared to the S&P 500 and notes that economic factors such as low oil prices and changing consumer habits could hinder the transition to EVs. Additionally, the document mentions challenges faced by new EV companies and the potential for a prolonged recession to affect the overall EV market.

Energy-in-Australia-2011Alvaro H. Pescador

��

This document provides an overview of Australia's energy supply, exports, and domestic consumption in 2011. It notes that Australia was the third largest energy exporter in the OECD and a major coal, LNG, and petroleum exporter. Domestic energy consumption continued to grow, with fossil fuels like coal, natural gas, and petroleum making up the majority of Australia's energy mix. The document also outlines Australia's significant energy resources including coal, natural gas, oil, and renewable sources.

The australian electricity market's pre dispatch process some observations on...Australian Society for Commerce Industry Engineering

��

This document summarizes a study on the efficiency of Australia's pre-dispatch electricity market process. The study finds there is significant bias, with pre-dispatch prices tending to underestimate actual spot prices. This bias is particularly strong during morning and evening peak periods. While the results cannot definitively prove the existence of market power, they allow the conjecture that some generator bids and rebids are not made in good faith as required. The objectives of the study were to analyze whether there is apparent bias in pre-dispatch predictions, and whether this bias varies systematically across years, seasons or time periods.

Clean Energy Australia ReportTurlough Guerin GAICD FGIA

��

The document provides an overview and summary of renewable energy generation and developments in Australia in 2015. It notes that renewable energy provided 14.6% of Australia's electricity in 2015, with hydro, wind, and household/commercial solar being the largest contributors. Wind and solar generation increased by over 20% from 2014. The renewable energy target is on track to be met based on existing projects under construction or with approval, but continued investment will be needed between now and 2020 to fully achieve the target. The outlook for renewable energy in Australia remains positive.

2015 Australian Energy StatisticsTurlough Guerin GAICD FGIA

��

The 2015 Australian Energy Update reports a 1% decline in energy consumption to approximately 5,831 petajoules, influenced by increased energy productivity and shifts in energy use, particularly in the mining and transport sectors. Energy production also fell by 4% to 18,715 petajoules due to decreases in uranium and oil output, though black coal production rose. The report highlights ongoing changes in Australia's energy landscape, including an increase in renewable energy sources and the decline of coal in electricity generation.

Singapores Electricity Market After Market Reformelectricitygovernance

��

The document summarizes Singapore's electricity market reforms from 1995 to 2008. It outlines how the market was initially monopolized by the Public Utilities Board but was reformed to introduce competition through corporatizing the industry and separating generation, transmission, and retail. Key steps included establishing an independent regulator EMA, a market operator, and allowing new generation companies to enter. The reforms have led to downward pressure on electricity prices for consumers and incentives for companies to improve efficiency through cost-effective technologies and fuel usage.

Market power and pricingtutor2u

��

The document discusses market power and pricing strategies in various industries. It provides examples of market share concentrations in UK retail banking, with the top 5 banks holding 85% of the market. It also examines factors that give firms market power like entry barriers, economies of scale, and influence over regulators. The document then discusses concepts of economic efficiency including allocative, productive, and dynamic efficiency. It analyzes pricing strategies like price discrimination and how they can be used to segment markets. Finally, it considers factors that may explain falling smartphone prices such as intense competition, emerging markets, and satisficing consumer behavior.

Battery Energy Storage in the Australian National Electricity MarketIEA-ETSAP

��

The document analyzes the potential commercial viability of battery energy storage in the Australian National Electricity Market. It models battery storage under various customer scales, load profiles, tariff structures (including with and without solar PV), and presents results on payback periods, indicative uptake rates, and the impact on load profiles. The analysis finds that battery storage can have payback periods under time-of-use tariffs without PV, and both time-of-use and flat tariffs when bundled with PV. Uptake is expected to be highest with PV and time-of-use tariffs. Battery storage is also found to shift load profiles, reducing peaks when used without or with PV.

Competitive metering in the National Electricity MarketNSW Environment and Planning

��

The document discusses recent changes to the competitive metering framework in Australia's National Electricity Market. It provides an overview of the market governance arrangements and the rationale for introducing a retailer-led competitive metering model. Key issues that will need to be considered in implementing the new framework include roles and responsibilities of retailers, distributors and other parties; consumer protection measures; transition issues; and specification of advanced metering functionality. The document also notes how the competitive metering reforms relate to the broader Power of Choice agenda and changes to distribution network pricing. Implementation of the new competitive metering framework will follow a timeline of submissions, draft and final determinations by the Australian Energy Market Commission over 2015.

Trans African Energy - Overview of Contractring and Hedges in Australia's Nat...Stephen Labson

��

The document outlines the rules and operations of the Nigerian transitional electricity market, focusing on aspects such as spot market pricing, dispatch processes, and risk management strategies involving bank guarantees and hedge contracts. It explains the dynamics of bid submissions, inter-regional price differentials, and the role of the Australian Energy Market Operator (AEMO) in managing transactions. Additionally, it discusses the significance of financial instruments, including forward and exchange-traded contracts, in stabilizing the market and reducing price volatility.

Deloitte: Alinta impact on queensland retail marketJulian Polachek

��

Alinta Energy entered the South East Queensland retail electricity market in August 2017 through a joint venture with CS Energy, launching the 'home saver plus' and 'business saver plus' offers, which provided significant discounts. Independent reviews indicated that Alinta's entry increased competition in the market, with other retailers responding by offering higher discounts, leading to lower average estimated electricity bills for customers. Customer switching rates also doubled, showing increased engagement and benefits for consumers in the region.

IFN AiE Presentation May16 webJonathan Upson

��

This document provides an overview of renewable energy in Australia, with a focus on developments in South Australia and New South Wales. It discusses the growth of the global and Australian renewable energy markets. It notes that South Australia has seen renewable energy penetration approaching 40% of electricity generation, with accompanying declines in emissions and wholesale electricity prices. It also discusses policy options to facilitate further modernization and decarbonization of Australia's electricity system. The presenter concludes that there is significant momentum worldwide to decarbonize electricity, and that higher levels of renewable energy can be reliably achieved in Australia through emerging technologies.

BRIDGE POWER CONSULTINGGrafic.guru

��

Bridge Power Consulting provides customized energy consulting services and competitive pricing solutions to large commercial customers to help them navigate the unpredictable energy market. They offer market insights, access to wholesale pricing through supplier partnerships, and customized quotes based on clients' usage histories. Their services aim to reduce customers' exposures to price volatility and help them save over 20% compared to current pricing through negotiated fixed-price contracts.

Electricity market design and detail analysisKamalChapagain8

��

The document presents an overview of the electricity market products and risk management in the National Electricity Market (NEM) led by AEMO, highlighting their role as a not-for-profit independent energy market operator. It details aspects of both the generation and retail business, including risk factors, market pricing mechanisms, and the importance of risk mitigation strategies for market participants. Additionally, it touches upon the various trading terminologies and financial instruments used to manage risks associated with electricity supply and demand.

Electricity OverviewParthosb

��

This document provides an overview of the electricity market in New South Wales and Queensland, including the key parties involved such as the Australian Energy Market Commission, Australian Energy Regulator, and Australian Energy Market Operator. It also compares the transmission networks and businesses of TransGrid and Powerlink, noting that Powerlink had higher income, EBIT, profit, and ROA in 2013 while TransGrid had a slightly higher ROE and system reliability. The document includes information on electricity demand forecasts, generation, distribution networks, and regulatory policies in NSW and QLD.

SmartPower-September 2015-Newsletter (1)Fergus Wheatley

��

This document provides an overview of Ireland's electricity market and bills, including how power station prices are set half-hourly and impact variable consumer charges. It also discusses factors influencing the Public Service Obligation levy, outlook for weak global energy prices, trends in Irish wholesale electricity prices, and services offered by SmartPower to help businesses optimize electricity procurement and generation.

CFA Institute Research Challenge Hosted in Spokane, .docxcravennichole326

��

The report evaluates Avista Corp, a utility company, recommending a 'sell' based on a target price of $25.11, citing low precipitation affecting hydroelectric generation and a competitive market. It highlights Avista's strengths such as a diverse mix of power generation and a strong financial base but notes challenges from regulatory pricing impacting profitability. Additionally, it discusses industry dynamics, including high barriers to entry and regulatory constraints that influence company performance.

The Electric Grid 2.0 - Fergus Wheatlycatherinewall

��

The electricity grid was designed over 100 years ago to always match supply and demand, but this leads to inefficiencies. Grid 2.0 aims to have demand follow supply by incentivizing consumers to shift their usage away from peak times, through time-of-use pricing and technologies that enable automated demand response. As renewable sources like wind power increase to 40% of generation, demand flexibility will be crucial to accommodate the intermittent nature of these resources and reduce curtailment.

Presentation (group)Ankit Grover

��

This document provides a feasibility study for the proposed Low Head Wind Farm in Tasmania. Key points include: 1) The site was chosen for its strong and consistent wind resource as well as proximity to transmission infrastructure. 2) Wind resource analysis was conducted using on-site and nearby weather station data, showing average wind speeds of 8.68 m/s suitable for wind power generation. 3) The project would involve installing 45 turbines with a total capacity of 148.5 MW, generating an estimated 590 GWh annually after losses. 4) Financial modeling under high, medium, and low electricity price scenarios showed the project would be economically viable with a medium price of $90/MWh, yielding

Trans African Energy - Overview of Australian Wholesale Market RulesStephen Labson

��

The document details the structure and functioning of the Nigerian transitional electricity market, drawing comparisons with Australia’s National Electricity Market (NEM) operations, which include unbundled sectors such as generation, transmission, and distribution. It explains market mechanisms such as spot pricing, the role of the Australian Energy Market Operator (AEMO), and key regulations governing market dynamics. Additionally, it addresses risks associated with price volatility, payment obligations, and the importance of forecasts for supply security.

Flow Power - Energy Under Control WebinarMatthew van der Linden

��

This document summarizes a webinar presentation by Sola about their kWatch Intelligent Controller device. It introduces the speakers and gives an overview of the deregulated electricity market in Australia. It then discusses how the controller can help businesses reduce costs and earn revenue by automating load management and demand response. A case study shows how a farmer uses the controller to stagger pump starts, save on network costs and electricity costs, and earn money through a demand response program. The presentation concludes by discussing the installation process and taking questions.

Economics of electric service Maria Romina Angustia

��

The document discusses the history of electricity issues and solutions in the Philippines from 1990-present. It describes how a power crisis in the 1990s due to insufficient generation capacity was addressed through contracts with Independent Power Producers (IPPs). However, issues arose from these contracts during the 1997 Asian Financial Crisis and its aftermath, including high costs that were passed on to consumers. The document outlines the power purchase adjustment (PPA) and currency exchange rate adjustment (CERA) mechanisms used to recover costs. It also discusses a recent Supreme Court ruling related to refunds of PPA payments.

A Day in the Life of the GridPaul Feldman

��

The document details the operational dynamics of the Midwest Independent Transmission System Operator (MISO) on a hot summer day, highlighting the impact of real-time wholesale electricity pricing and the importance of regional oversight for electric system reliability. It emphasizes the benefits of improved communication between wholesale and retail markets, encouraging user participation in demand response programs to optimize costs and foster reliability. It also discusses the challenges and opportunities presented by transmission constraints, which affect access to low-cost generation resources, and the significance of ancillary service markets launched by MISO to enhance operational efficiency and reduce costs.

More Related Content

Viewers also liked (8)

Energy-in-Australia-2011Alvaro H. Pescador

��

The australian electricity market's pre dispatch process some observations on...Australian Society for Commerce Industry Engineering

��

Clean Energy Australia ReportTurlough Guerin GAICD FGIA

��

2015 Australian Energy StatisticsTurlough Guerin GAICD FGIA

��

Singapores Electricity Market After Market Reformelectricitygovernance

��

Market power and pricingtutor2u

��

Battery Energy Storage in the Australian National Electricity MarketIEA-ETSAP

��

Competitive metering in the National Electricity MarketNSW Environment and Planning

��

Energy-in-Australia-2011Alvaro H. Pescador

��

The australian electricity market's pre dispatch process some observations on...Australian Society for Commerce Industry Engineering

��

Clean Energy Australia ReportTurlough Guerin GAICD FGIA

��

2015 Australian Energy StatisticsTurlough Guerin GAICD FGIA

��

Singapores Electricity Market After Market Reformelectricitygovernance

��

Market power and pricingtutor2u

��

Battery Energy Storage in the Australian National Electricity MarketIEA-ETSAP

��

Competitive metering in the National Electricity MarketNSW Environment and Planning

��

Similar to Retailers' Price Risk in National Electricity Market (20)

Trans African Energy - Overview of Contractring and Hedges in Australia's Nat...Stephen Labson

��

Deloitte: Alinta impact on queensland retail marketJulian Polachek

��

IFN AiE Presentation May16 webJonathan Upson

��

BRIDGE POWER CONSULTINGGrafic.guru

��

Electricity market design and detail analysisKamalChapagain8

��

Electricity OverviewParthosb

��

SmartPower-September 2015-Newsletter (1)Fergus Wheatley

��

CFA Institute Research Challenge Hosted in Spokane, .docxcravennichole326

��

The Electric Grid 2.0 - Fergus Wheatlycatherinewall

��

Presentation (group)Ankit Grover

��

Trans African Energy - Overview of Australian Wholesale Market RulesStephen Labson

��

Flow Power - Energy Under Control WebinarMatthew van der Linden

��

Economics of electric service Maria Romina Angustia

��

A Day in the Life of the GridPaul Feldman

��

Energy Malaysia Volume 11.pdfMuhammadRedzwanBinIs

��

The document is an issue of Energy Malaysia, a magazine published by the Energy Commission of Malaysia. It discusses various topics related to energy efficiency and conservation in Malaysia. The issue includes articles on nurturing an energy efficient society through a partnership between TNB and Opower, certifying energy efficient appliances, overcoming challenges to attain national energy efficiency goals, ways for consumers to enhance energy efficiency at home and work, factors driving the increasing electricity demand in Malaysia, the transformation of global renewable energy, and Saudi Arabia's vision for renewable energy.

20140723_CECWeek_UnionFenosaWarwick Forster

��

This document summarizes alternatives to traditional power purchase agreements (PPAs) for renewable energy projects. It discusses merchant operations which involve selling electricity at spot market prices, but notes this is risky without hedging contracts. It then focuses on the Australian Capital Territory government's plan to source 90% of its electricity from renewables by 2020. This includes past reverse auctions that awarded solar projects feed-in tariffs. An upcoming auction in August 2014 will provide 200MW of wind projects with 20-year feed-in tariffs. The document analyzes factors like the auction criteria and risks of investing in the ACT plan. It concludes the ACT plan is a good example of developing large-scale renewables at a competitive price but challenges

Independent Review of the Australian National Electricity MarketTurlough Guerin GAICD FGIA

��

The preliminary report of the independent review into the national electricity market identifies the significant transformation occurring within the electricity sector, driven by new technologies and changing consumer expectations. It raises critical questions regarding the security, reliability, and affordability of the energy system as Australia transitions to a low emissions economy. The report serves as an issues paper for public consultation, emphasizing the urgent need for reform and a comprehensive approach to address the challenges faced by the electricity market.

Assignment 1Aionia Manuofetoa

��

Tonga Power Limited (TPL) is a state-owned enterprise that provides electricity to the main islands of Tonga. As demand for electricity from consumers has increased, TPL has experienced inflation in prices. TPL is also characterized as a monopoly as it faces few restrictions on entry into the market and is the sole supplier of electricity. The document discusses how TPL has over 6 employees to operate and maintain electricity generation, which relies on oil as a complementary good. It faces inflation when oil prices rise but provides price decreases to offset this. Charts show the monthly electricity usage and existing versus new cheaper tariffs for each island grid in Tonga.

Fundamentals of the Power Grid and Electricity PricingEnergyCAP, Inc.

��

The document discusses the fundamentals of the power grid and electricity pricing, highlighting key aspects like the structure and regulation of the grid, wholesale electricity markets, and how these elements influence consumer bills. It explains the role of various organizations in managing electricity supply and demand and emphasizes the importance of understanding this system to potentially save money on electricity costs. Additionally, it mentions trends in capacity requirements in New England and the economic impacts of power generation and consumption patterns.

Legislative Staff Briefing: Update on the Electric Market in Texasaectnet

��

This document provides an update on the competitive electric market in Texas. It discusses how the market is structured, key factors influencing prices like natural gas volatility, and how prices have trended over time. It also reviews generation investment, renewable energy development, advanced metering activities, benefits for low-income customers, and other regulatory updates. The overall summary is that competition has generally helped to place downward pressure on prices while still ensuring reliable electricity supply.

Trans African Energy - Overview of Contractring and Hedges in Australia's Nat...Stephen Labson

��

Deloitte: Alinta impact on queensland retail marketJulian Polachek

��

IFN AiE Presentation May16 webJonathan Upson

��

BRIDGE POWER CONSULTINGGrafic.guru

��

Electricity market design and detail analysisKamalChapagain8

��

Electricity OverviewParthosb

��

SmartPower-September 2015-Newsletter (1)Fergus Wheatley

��

CFA Institute Research Challenge Hosted in Spokane, .docxcravennichole326

��

The Electric Grid 2.0 - Fergus Wheatlycatherinewall

��

Presentation (group)Ankit Grover

��

Trans African Energy - Overview of Australian Wholesale Market RulesStephen Labson

��

Flow Power - Energy Under Control WebinarMatthew van der Linden

��

Economics of electric service Maria Romina Angustia

��

A Day in the Life of the GridPaul Feldman

��

Energy Malaysia Volume 11.pdfMuhammadRedzwanBinIs

��

20140723_CECWeek_UnionFenosaWarwick Forster

��

Independent Review of the Australian National Electricity MarketTurlough Guerin GAICD FGIA

��

Assignment 1Aionia Manuofetoa

��

Fundamentals of the Power Grid and Electricity PricingEnergyCAP, Inc.

��

Legislative Staff Briefing: Update on the Electric Market in Texasaectnet

��

Recently uploaded (20)

Oleksandr Osypenko: Defining PMO Structure and Governance (UA)Lviv Startup Club

��

BMGI India Addressing Strategic, Innovative, and Operational Problems at Core...Naresh Raisinghani

��

AX to Dynamics 365 Finance and Operations in USA.pdfTrident information system

��

Upgrading from Microsoft Dynamics AX to Dynamics 365 Finance & Supply Chain Management (D365 F&O) is not just a technology upgrade—it’s a strategic move to transform your business. At Trident Information Systems, a trusted Microsoft Gold Partner, we specialize in Upgrade AX to D365 F&O implementations. With decades of ERP expertise, we ensure your migration journey is smooth, efficient, and delivers maximum ROI. Whether you’re transitioning from AX to D365 F&O, we are here to make your digital transformation seamless and impactful.

S4F02 Col11 Management Accounting in SAP S/4HANA for SAP ERP CO ProfessionalsLibreria ERP

��

This material provides a comprehensive guide to Management Accounting in SAP S/4HANA, tailored for SAP ERP CO professionals. It covers the architecture of SAP S/4HANA Management Accounting, configuration and usage of new functionalities, and the application of standard SAP Fiori tools. Additionally, it delves into the changes in data models, posting logic, and master data in Management Accounting, along with an overview of event-based revenue recognition. The content also includes insights into the migration process to SAP S/4HANA and the new architecture of accounting, offering a detailed understanding of the financial processes and reporting options in SAP S/4HANA.

Noah Loul Shares 5 Key Impacts of AI Agents on the Sales Industry.pdfNoah Loul

��

Noah Loul is the CEO of AI Agents by B2B Rocket, a company dedicated to transforming how sales teams operate using AI. With a clear and practical approach, Noah is creating tools that help businesses respond quickly, qualify leads more effectively, and close more deals. He believes technology should support people, not replace them, and his work helps sales teams accomplish more with less effort. Noah Loul shares five straightforward ways AI agents are changing the way sales teams work and helping businesses boost their sales.

Power of the Many: Digital Energy Masterclassmariana491193

��

Webinar: Why Odoo is a game-changer for Service Companiesdear digital

��

Watch the webinar: https://youtu.be/49xUiOHJwa4 Running a service business? Then you know how messy operations can get. You’re not selling products. You’re selling time, expertise, and client satisfaction. That means your tools need to handle projects, people, planning, and billing - all in one place. That’s exactly where Odoo shines. Unlike traditional ERP systems, Odoo is built to support the unique workflows of service companies. From managing projects and tracking time to invoicing, signing contracts, and handling support tickets: Odoo brings everything together. No more jumping between a plethora of spreadsheets, tools, and inboxes. With over 45 modules, Odoo grows with your business. Need CRM today, Helpdesk tomorrow? No worries, it’s all connected. Plus, it’s fully customizable to match the way your company works. Wondering if it’s a fit? Join our 1-hour webinar where our Odoo expert Julien will walk you through the power of Odoo for service companies, complete with real-life examples from companies like yours! What you’ll learn: ✅ How Odoo streamlines the entire service lifecycle ✅ Key modules for service businesses: Project, Timesheets, CRM, Invoicing & more ✅ How reporting works within Odoo ✅ What makes Odoo different from other ERP systems ✅ When Odoo is a fit for your company (and when it's not) ✅ A demo where we guide you through the possibilities step-by-step

Ian McAllister - Respected Photographer And WriterIan McAllister

��

Ian McAllister, a highly respected photographer, and writer, has dedicated his life's work to raising awareness about the fragile ecosystems of the Great Bear Rainforest. His compelling imagery and insightful narratives have garnered international acclaim and have been featured in prestigious publications like National Geographic. McAllister's ability to capture nature's intricate beauty has brought attention to the plight of endangered species and inspired individuals worldwide to join the fight for conservation.

Vaden Consultancy: Transforming Businesses with Integrated HR, IT, and Cloud ...Vaden Consultancy

��

At Vaden Consultancy, we specialize in aligning talent, technology, and infrastructure to power business transformation. Our integrated service model brings together end-to-end HR consultancy, custom software development, and cloud infrastructure management — enabling organizations to scale efficiently, adapt faster, and stay future-ready. From sourcing top-tier talent and streamlining recruitment through RPO, to building enterprise-grade applications and deploying Microsoft 365, Azure, and Power Platform solutions — we deliver a seamless experience under one roof. With expert support and strategic insight, we help businesses enhance productivity, reduce operational costs, and drive innovation at every level. Vaden Consultancy is not just a service provider — we are your strategic partner for growth in today’s digital-first economy.

Stone Hill Ready Mix Concrete Bagalurstonehillrealtyblr

��

Recruitment Policy Sample, Recruitment Policy PDFSeemaAgrawal43

��

ISO 45001 Certification in Singapore Companyachharsharma105

��

Ihor Pavlenko: Управління ризиками за допомогою AI (UA)Lviv Startup Club

��

The Key Cultural Role of Pune’s Shivsrushtikapoorgita1991

��

Shivsrushti, a heritage park in Pune envisioned by Babasaheb Purandare, offers a powerful blend of immersive storytelling, historical accuracy, and civic education centered around the life and values of Chhatrapati Shivaji Maharaj. Through lifelike exhibits and recreated experiences, it brings history to life for people of all ages, encouraging reflection on leadership, inclusivity, and ethical governance. The Abhay Bhutada Foundation has played a pivotal role in expanding access to Shivsrushti by supporting educational visits for underprivileged students, ensuring that this cultural treasure is shared widely and meaningfully. More than a tribute to the past, Shivsrushti serves as a public model for how history can inspire civic pride and social unity in contemporary India.

Miriam Cho: Transforming Healthcare through Visionary Leadershipjessicashaw101998

��

Miriam Cho, President and Chief Pharmacy Officer (CPO) of MAC Rx, LLC, has extensive experience in the LTC and healthcare sectors. Miriam is skilled in various areas, including healthcare management, pharmacy operations, cost management, Medicare Part D, cardiopulmonary resuscitation (CPR), pharmacy consulting, and clinical pharmacology. She holds a Doctor of Pharmacy (Pharm.D.) degree from Midwestern University in Illinois, showcasing her strong background in healthcare services.

Enterprise Architecture Professional Journal Vol IX June 2025.pdfDarryl_Carr

��

Volume IX of the Enterprise Architecture Professional Journal on EAPJ.org, released June 2025. It features: - A welcome from the EAPJ Editor, Darryl Carr. - A special note from the EAPJ Founder, Steve Else. - An article from Alexandre Luis Prim and Tiago Lemos de Oliveira featuring a case study of value creation from Enterprise Architecture. We hope you enjoy the latest publication, with insights into the world of Enterprise Architecture.

Book - Behavioral finance and wealth management(1).pdfGamingwithUBAID

��

India’s Leading Mining Fleet Management Companies Revolutionizing MiningNaaraayani Minerals Pvt.Ltd

��

India's mining sector is undergoing a rapid transformation, driven by technological innovation, sustainability goals, and operational efficiency. At the core of this change are advanced fleet management practices that are reshaping how resources are extracted, transported, and traded. With Odisha playing a central role in mineral production, especially in iron ore logistics, the integration of intelligent transport and monitoring solutions is more crucial than ever.

From Visibility to Action: How Modern Cloud Teams Regain ControlAmnic

��

As cloud environments become increasingly sophisticated, visibility into usage and cost is no longer sufficient. Today's teams must transition from being reactive observers to having confident, knowledgeable action. This presentation delves into how companies can turn dispersed insights into decisions that avoid surprises and foster accountability. From Visibility to Action: How Modern Cloud Teams Regain Control takes you through the changing requirements of cloud-native organizations: from creating a single pane of costs to eliminating alert fatigue, applying guardrails, and folding cost visibility directly into DevOps pipelines. You will learn here how to: - Get past visibility into actionable control in multi-cloud and K8s - Solve visibility fatigue using prioritized contextual information - Move the cost responsibility left into the engineering process Regain clarity in a fragmented cloud landscape Whether you’re a startup scaling fast or an enterprise navigating complexity, this will help your team turn cloud data into decisions and bills into predictable outcomes.

Shivsrushti - A Living Chronicle of Maharashtra’s HistoryRaj Kumble

��

Oleksandr Osypenko: Defining PMO Structure and Governance (UA)Lviv Startup Club

��

BMGI India Addressing Strategic, Innovative, and Operational Problems at Core...Naresh Raisinghani

��

AX to Dynamics 365 Finance and Operations in USA.pdfTrident information system

��

S4F02 Col11 Management Accounting in SAP S/4HANA for SAP ERP CO ProfessionalsLibreria ERP

��

Noah Loul Shares 5 Key Impacts of AI Agents on the Sales Industry.pdfNoah Loul

��

Power of the Many: Digital Energy Masterclassmariana491193

��

Webinar: Why Odoo is a game-changer for Service Companiesdear digital

��

Ian McAllister - Respected Photographer And WriterIan McAllister

��

Vaden Consultancy: Transforming Businesses with Integrated HR, IT, and Cloud ...Vaden Consultancy

��

Stone Hill Ready Mix Concrete Bagalurstonehillrealtyblr

��

Recruitment Policy Sample, Recruitment Policy PDFSeemaAgrawal43

��

ISO 45001 Certification in Singapore Companyachharsharma105

��

Ihor Pavlenko: Управління ризиками за допомогою AI (UA)Lviv Startup Club

��

The Key Cultural Role of Pune’s Shivsrushtikapoorgita1991

��

Miriam Cho: Transforming Healthcare through Visionary Leadershipjessicashaw101998

��

Enterprise Architecture Professional Journal Vol IX June 2025.pdfDarryl_Carr

��

Book - Behavioral finance and wealth management(1).pdfGamingwithUBAID

��

India’s Leading Mining Fleet Management Companies Revolutionizing MiningNaaraayani Minerals Pvt.Ltd

��

From Visibility to Action: How Modern Cloud Teams Regain ControlAmnic

��

Shivsrushti - A Living Chronicle of Maharashtra’s HistoryRaj Kumble

��

Retailers' Price Risk in National Electricity Market

1. Raman Vaid May 2015

2. Work Experience  Associate, National Australia Bank (2008)  Regulatory Analyst, Lumo Energy (2009)  Industry Development Analyst, Energy Australia (2011)  Pricing Analyst, EnergyAustralia (2013) Volunteer Experience  Student President, Federation of Indian Students of Australia  Media Spokesperson, International student issues  Student Representative, Victoria Police Crime Prevention Working Group  Mentor, Young Energy Professionals

3.  Not representing any organisation.

4.  The NEM is a wholesale market for electricity supply where electricity generators and retailers trade electricity.  There are five regions in the NEM: Queensland, New South Wales (incl ACT), Victoria, South Australia and Tasmania.  Market Participants: ◦ Retailers ◦ Transmission companies ◦ Generators ◦ Australian Energy Market Operator (AEMO)

5. Source: www.eex.gov.au

6.  Generators sell electricity to retailers to on-sell to households and businesses.  Prices in the NEM are determined every five minutes, with the average price every half-hour calculated to determine the pool price for each trading interval for each of the regions in the NEM.

7.  Customers lock in contracts at a fixed price but the cost of buying electricity in the NEM fluctuates every half hour.  A retailer assesses risk profile of a customer and allocates load shape premium.  Retailers manage exposure by derivatives (swaps and caps) and generation

8.  Spot price volatility in the NEM is significant. At no notice, prices can move from $50/MWh up to $13,000/MWh (market price cap)  Example: a short exposure of 10 MW to the Market Price Cap ($13,500/MWh) would result in losses of $135,000 per hour.  As a result of this volatility and price uncertainty: ◦ generators face the risk that low prices will reduce earnings, and ◦ retailers face the risk that high prices increase costs above the level they can charge customers.  Generators and retailers manage this risk by using financial contracts (swaps and caps) to stabilise their cashflows.

9.  Jack Green was a small retailer which went into administration in 2009 for an alleged failure to pay an outstanding $808,983.  the money was owed due to the on-the-spot purchase of energy during NSW's heat wave, when prices were significantly high

10.  Electricity Historic Price and Demand: AEMO http://www.aemo.com.au/Electricity/Data/Price-and-Demand  Electricity Futures Contracts: ASX Energy https://asxenergy.com.au/  State of the Energy Sector: Annual report published by Australian Energy Regulator http://www.aer.gov.au/publications/state-of-the-energy-market-reports

11.  AEMO, An Introduction to Australia’s Electricity Market, July 2010  Smart Company, Energy company Jackgreen collapses due to heat wave, Dec 2009  Energy Efficiency Exchange, http://eex.gov.au/

�ݺ�ߣ

Retailers' Price Risk in National Electricity Market

Recommended

More Related Content

Viewers also liked (8)

Similar to Retailers' Price Risk in National Electricity Market (20)

Recently uploaded (20)

Retailers' Price Risk in National Electricity Market