The two-day conference, organised by Energyforum International AB covered issues such as pricing electricity forwards, generation asset analytics and also looked at a case study: “Managing the cross commodity portfolio of a large European utility.”

Presenting an ‘out of the box’ approach for valuation of electricity forward contracts, Mahmoud applied the theory of trading claims on non-tradeable assets (real options) to electricity. According to Mahmoud, the resulting forward pricing formula is more intuitive in capturing market parameters and the underlying contract characteristics. At Essent Trading, Mahmoud is responsible for the development of risk management models like gas storages, tolling agreements and energy derivatives pricing, which is used by the structurers and the traders.

Mahmoud has 8 years of experience in the financial and the energy markets, as well as 5 years of teaching experience where he held positions of visiting lecturer in financial economics and investment management at two Sydney-based universities. Mahmoud has a Ph.D in Mathematical Finance from the University of New South Wales in Sydney and an executive MBA from Macquarie Graduate School of Management in Sydney, Australia.