ETRM 101: Energy Trading and Risk Management Basics

This foundational course from Credit Carbons is designed for individuals seeking a clear understanding of the complex world of commodities and their trading. It's ideal for: New entrants to the energy, finance, or commodity sectors who need to quickly get up to speed on core concepts. Professionals in supporting roles (e.g., IT, legal, accounting, operations) within commodity trading organizations who want to better understand the business they support. Students and recent graduates exploring careers in commodity trading, risk management, or related fields. Financial analysts or investors looking to broaden their understanding of commodity markets. Anyone curious about how raw materials that power and feed the world are traded and managed. No prior in-depth knowledge of commodities or trading is required. We start with the basics and build from there. What They'll Learn (Learning Outcomes): By the end of this ETRM 101 course by Credit Carbons, participants will gain a clear and practical understanding of the fundamentals of commodity markets and trading. Specifically, they will be able to: Understand the Concept of Commodities: Clearly define what constitutes a commodity, recognize its key characteristics like fungibility and standardization, and appreciate why commodities are critical to global markets. Classify Diverse Commodities: Confidently differentiate between various energy commodities (like crude oil, natural gas, and electricity) and non-energy commodities (such as metals, agricultural products, and currency), understanding their distinct roles and how they are categorized using frameworks like the Commodity Tree. Identify Key Energy Commodities & Their Journeys: Learn the essential characteristics of major energy commodities, including how they are produced, processed, transported (their supply chains), consumed, and traded. They will also be able to recognize the key players involved in these energy sectors. Understand the Role of Non-Energy Commodities: Recognize how non-energy commodities like metals and agricultural products contribute to the global economy, and gain insight into their unique trading mechanisms, supply, demand, and logistical considerations. Grasp the Basics of Trading Markets: Develop a general understanding of how and where commodities are traded, including the role of major global commodity exchanges (e.g., NYMEX, ICE), Over-the-Counter (OTC) markets, and the fundamental economic drivers (like supply, demand, and global events) that influence commodity prices and market volatility. This foundational knowledge will set the stage for understanding more advanced topics in physical trading, risk management, and the ETRM/CTRM systems that support these activities, forming a key part of the learning journey offered at Credit Carbons.