Energy Mngr, Sr

EDFT•Houston, TX

12d

About The Position

EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers. We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products. We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets. Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products. With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies.

Requirements

Bachelor degree with strong academic credentials in Finance, Math and or Statistics required.
Minimum of three (3) years of industry experience with a keen understanding of electricity markets, specific knowledge of ISOs as well as non-ISO markets.
Proficient with Excel.
Attention to detail with the ability and know-how to suggest improvements to business processes.

Nice To Haves

Advanced degree is a plus.
Prior knowledge of gas markets and pipelines preferred.
Experience with various generation fuel types such as natural gas, wind, solar and batteries preferred.
Ability to extract data using python or power query preferred.
Strong inter-personal skills and prior experience in a client management role is a plus.

Responsibilities

Optimization: Development and implementation of resource optimization and risk management strategies for a facility including daily optimization and coordination of forward hedging opportunities.
Collaboration: Collaborate with internal personnel and owner’s representatives to develop tools to ensure the efficient and economic dispatch of an asset including design and implementation of asset dispatch models to drive daily strategic decisions.
Market Protocol Development: Actively engage in market protocol development to constantly stay abreast of market construct changes to adhere to rules and regulations.
Operations and Communications: Serve as the main operations and commercial contact for third party assets overseeing every aspect of an asset’s daily operations from optimization to settlements.
Morning Calls: Prepare and lead morning calls with customers/owners. Provide market fundamentals, market intel, and plant economics for the day ahead market as well as a lookback of prior day operations.
Owner Updates: Ensure owners are kept apprised of all areas of an asset’s commercial operations as well as market developments.
Reporting: Report daily plant schedules, P&L and any MTM exposure as required.
Market Monitoring: Monitor market conditions, provide advice and market intelligence.
Gas Nominations: Oversee daily and intraday gas nominations and proactively recommend adjustments as conditions change.
Scheduling: Schedule and monitor a plant’s bid submittal, transactions and commitments with ISOs and bi-lateral counterparty transactions either by IST trades or e-tags.
Hedging Management: Ensure forward commitments and hedges are effectively managed and contractual obligations are met.
Settlements Tracking: Track daily settlements to ensure accuracy and data integrity prior to distribution to client.
Client Reconciliation: Assist client in reconciliation of P&L, gas transactions and settlements discrepancies.
Origination and Forward Hedging: Coordinate with client and EDF origination and trading to develop hedging strategies and opportunities.