Certification Programme on Carbon Trading and Markets

The objective of the Programme

Train the NTPC Executives in carbon trading, accounting, and management. The primary aim is to cover recent carbon management and trading developments. The global perspective of the program will provide an added advantage to the participants. Another major objective is the key regulatory frameworks related to carbon trading and accounting.

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Venue

NTPC-PMI, Noida

Dates

24-26 June 2024

Target Participants

NTPC Executives

Programme Director

Prof. Wasim Ahmad, Associate Professor, Economics Sciences, IIT Kanpur

Certificate issuing institution

IIT Kanpur

Programme Experts

Prof. Wasim Ahmad

Department of Economic Sciences, IIT Kanpur

prabina-ntpc

Prof. Prabina Rajib

Director, BIMTECH, Noida

Mr. Indranil Chatterjee

Senior VP, ICM-IEX

Dr. Vaibhav Chaturvedi

Fellow at the Council on Energy, Environment and Water (CEEW)

Dr. Abhinav Jindal

Senior Faculty, NTPC- Power Management Institute, Noida

Proposed Programme Outline

June 24th 2024

Inauguration of the event. Session on the Fundamentals of carbon pricing, basics of the carbon market: cap and trade – absolute vs relative, allocation schemes of ETS – grandparenting, benchmarking, auctioning, and flexibilities – offsets, banking, and borrowing. By Wasim Ahmad
Basics of futures and options and how do we calculate the convenience yield of carbon futures, hedging opportunities for power generators. By Wasim Ahmad

Cap-and-trade game and group-based discussion. By Wasim Ahmad/Abhinav Jindal

Carbon price risk and role of spreads. Switching cost and efficiency of coal and gas-fired plants. The role of weather and temperature derivatives and hedging exercises. By Wasim Ahmad

June 25th 2024

Carbon finance: An expert perspective – I. By Prabina Rajib

Carbon finance: An expert perspective – I. By Prabina Rajib

An industry perspective of carbon markets. By Indranil Chatterjee

VCM and Carbon credit system in India. Recent developments and how carbon is traded. By Indranil Chatterjee

June 26th 2024

Simulating the carbon market for India-I. By Vaibhav Chaturvedi

Simulating the carbon market for India-II. By Vaibhav Chaturvedi

Voluntary carbon market and CORSIA regulations and linking with recent developments in the Indian carbon ecosystem. By Wasim Ahmad/Abhinav Jindal

20-minutes quiz, participants feedback and valedictory session