Renewable Trading Originator

City of Austin

2d•Onsite

About The Position

At the City of Austin, we are more than just an employer—we are a vibrant community dedicated to shaping one of the nation’s most dynamic and innovative cities. As we strive to fulfill our commitment as public servants, it is important that we ground our efforts in a set of guiding principles – Empathy, Ethics, Excellence, Engagement, and Equity – anchors in delivering services that significantly impact the lives of Austinites. Joining the City of Austin means embarking on a purposeful career, contributing to the community, and being part of a forward-thinking organization that values every employee. Purpose: Under minimal supervision, manages the procurement and contracts for Austin Energy’s renewable energy supply portfolio as well as maintain and foster relationships with the developer community.

Requirements

Knowledge of ERCOT protocols and procedures.
Knowledge of power and financial markets including natural gas commodities.
Knowledge of wholesale fuel and electric markets and evolving industry and regulatory developments, both nationally and in Texas.
Knowledge of Austin Energy's wholesale fuel and energy requirements.
Knowledge of the impacts of recent regulatory trends in renewable and energy markets.
Knowledge of systems used to forecast, evaluate, and transact business in the wholesale renewable and energy markets.
Knowledge of applicable processes, techniques, and methods.
Knowledge of City of Austin and Austin Energy contracts processes and procedures.
Knowledge of Federal, State, Local laws, and ordinances governing renewable and energy markets.
Skill in organizing thoughts and quickly making independent decisions.
Skill in communicating clearly both orally and in writing.
Skill in handling conflict resolution.
Skill in operating computers and related software applications.
Skill in analyzing data and solving problems.
Ability to carry out duties with a high level of attention to detail.
Ability to work with frequent interruptions and changes in priorities.
Ability to train others.
Ability to accurately present and explain complex information to executive management.
Ability to work independently and in a team environment.
Ability to quickly recognize and analyze irregular events.
Ability to perform job functions and assignments as part of a project team.
Graduation with a bachelor’s degree from an accredited college or university, plus five (5) years’ experience in a related field.
A master’s degree from an accredited college or university with major course work in a field related to the job may substitute for experience up to one (1) year.
PhD. from an accredited college or university with major course work in a field related to the job may substitute for experience up to two (2) years.

Nice To Haves

Experience with RFP process for renewable energy procurement
Experience with contractual terms and obligations under Power Purchase Agreements
Experience with providing deep and expert analysis for management
Experience with power origination and power trading
Experience with portfolio risk management

Responsibilities

Issues and manages the RFP process for renewable energy procurement.
Monitors and manages contractual terms and obligations under Power Purchase Agreements.
Leads analysis and evaluation of renewable energy proposals.
Monitors renewable energy markets, technologies, and regulatory changes impacting renewable energy markets and technologies.
Works with counterparties to manage resource outage schedules and provides support to Market Operations to submit outage requests and de-rates with ERCOT.
Reconciles counterparty disagreements with mid office staff.
Presents and makes recommendations to executive management.
May provide leadership, work assignments, evaluation, training, and guidance to others
Responsible for origination for new contracted generation and other exciting new energy technologies, with duties including overall origination, analysis, RFP processes, documentation, and ongoing monitoring of contract compliance.
Other duties including transacting in the ERCOT wholesale market, monitoring renewable energy markets, technologies, and regulatory changes impacting renewable energy markets and technologies.