Manager of Contracts and Settlements

MCE•Concord, CA

1d•$159,627 - $200,910•Hybrid

About The Position

MCE is a not-for-profit public agency committed to tackling the climate crisis through innovation, community, and equity. They provide renewable power and energy programs to residents and businesses in four Bay Area counties. MCE offers a collaborative and flexible work environment. The Manager of Contracts & Settlements (Power Resources) role is responsible for managing MCE’s portfolio of executed power supply contracts, which includes long-term renewable energy and energy storage agreements, short/medium-term agreements for renewable and hydroelectric energy, resource adequacy, and hedging MCE’s CAISO load payments. This role requires significant subject matter expertise, team leadership, and cross-departmental collaboration to ensure the successful execution of the Power Resources Department operations. Excellent communication skills are essential due to close work with internal and external partners, counterparties, and Board members.

Requirements

A bachelor’s degree in engineering, finance, economics, accounting, or a closely related field.
A minimum of seven (7) years of progressively responsible experience at an electric utility, municipal utility, a Community Choice Aggregation program, a power supply developer and/or seller, or in a closely related field.
A minimum of two years of experience serving in a technical lead or similar capacity, including providing work direction, technical guidance, and coordination for other team members, is required.
Technical experience in the electric utility industry, experience in CAISO markets, and CAISO settlements are required.
Knowledge of CAISO grid, CAISO markets and CAISO settlements (including applicable charge codes and settlement timelines). An understanding of CAISO Load and generation scheduling, curtailment and impacts on pricing and settlements.
Knowledge of Power supply technologies including solar, wind, geothermal, landfill gas, hydroelectric, natural gas and energy storage.
Knowledge of Power supply contracts, including power purchase agreements and key terms.
Knowledge of Power supply contract settlement structures.
Knowledge of California power supply regulations, including the CPUC’s renewable portfolio. standard program, the CEC’s power source disclosure program, and the CPUC and CAISO resource adequacy program.
Knowledge of The use of renewable energy certificates to support mandatory and voluntary compliance programs. An understanding of The Western Renewable Energy Information System (WREGIS).
Knowledge of Microsoft Office software including Word and PowerPoint.
Knowledge of Microsoft Excel including VBR programming.

Nice To Haves

A master's degree from an accredited university in a related field is highly desirable.
A master’s degree may be substituted for two years of experience.
Two (2) years in a people/team supervision capacity is strongly preferred.

Responsibilities

Ensure each of MCE’s power supply contracts is administered in accordance with the contract terms.
Work with counterparties to ensure that new steel in the ground projects are permitted, built, interconnected and brought to commercial operation in accordance with the contract milestones and terms.
Work with counterparties to ensure that resources deliver all the capacity, energy, and environmental products, as required under each agreement.
Ensure that resources are appropriately shown to the CPUC and CAISO for resource adequacy.
Work with MCE’s scheduling agent to ensure that resources are properly bid and scheduled into CAISO’s day-ahead and real-time markets.
Work with MCE’s scheduling agent to monitor resource performance and CAISO settlements.
Ensure accurate and timely bilateral settlements with each counterparty, including invoice validation.
Resolve unexpected contractual and/or operational issues.
Negotiate amendments and letter agreements to memorialize necessary changes to contracts.
Ensure that key contract terms and resource data are accurately captured in MCE’s centralized contract management system.
Help and input into MCE’s power supply portfolio management.
Help and/or guidance on power supply compliance reporting, especially as it pertains to resource settlement data.
Provide feedback to MCE’s power procurement staff on specific contract terms that should be added, refined, or removed from MCE’s contracts in the future.
Aid MCE’s power procurement staff, if needed.
Help design new tools that will improve MCE’s ability to manage its portfolio of contracts and validate bilateral invoices.
Build a strong understanding of both the regulatory requirements and MCE board requirements that shape MCE’s power supply portfolio.
Build strong relationships with MCE’s many counterparties.