Managing energy costs is the key to a successful profit margin and bottom line for many industrial companies. In order to successfu lly manage costs in this market, it is helpful to apply a balanced hedging strategy. A balanced hedging approach will quantify expo sure to adverse events and mitigate the impact of those events on financial results. The purpose of this course is to descri be a var iety of hedging strategies, and identify the main drivers of energy prices. We will also cover how the commodity market f unctions to support energy trading.