What You Can Expect
- Develop and deploy commercial trading and hedging strategies to maximize the profitability of ENGIEs renewable assets while managing market risks.
- Develop and execute strategy for forward hedging of wind and solar assets in conjunction with other divisions of ENGIE North America that warehouse or originate electricity market risks (Battery Storage Data Centers Hydrogen Hubs Retail Trading).
- Articulate and execute hedging strategies deploying different instruments according to various risk profiles including energy hedges gas hedges options Virtuals Point-to-Point transactions Firm Transmission Rights (FTR)/Transmission Congestion Rights (TCR)/Congestion Revenue Rights (CRR) and Intercontinental Exchange (ICE) financial power transactions.
- Build and deploy strategies for Day-Ahead offers for a large portfolio of wind and solar farms.
- Develop strategies and execute trades with the Congestion Trading team to assess congestion risks in the respective Independent System Operators (ISOs).
- Analyze and discuss the commercial terms of existing and upcoming Power Purchase Agreements (PPAs) identifying the underlying risks and proposing alternative language and/or risk mitigation strategies.
- Analyze and price option strategies designed to reduce tail-end risk exposure to market volatility and inherent asset offtake structures
Houston Texas (Position based out of and reports to Houston office. May work 100% remotely & telecommute from anywhere in U.S.)
What Youll Bring
- Bachelors degree or foreign equivalent in Engineering Finance Economics or closely related field.
- (3) years of experience in a related occupation and in each of the following: Competitive Energy Markets; market structure transactions and protocols of ERCOT; analyzing and advising on data handling structuring organizing processing and presenting utilizing data analysis tools such as Python.
To apply please email . Must put job code 51597 on resume
Required Experience:
Unclear Seniority