Senior Commercial Analyst

E.ON Climate and RenewablesUSA2M ago

1. Provide market insights on short/medium/long-term development in various power markets (ERCOT, PJM, MISO, NYISO, CAISO, etc.) and various commodities (power, ancillary service, capacity, renewable energy certificates, natural gas, etc.), based on clear understanding of market fundamentals, regulatory development, renewable penetrations, storage / demand response growth, etc. 

2. Develop commercial / hedging strategy to de-risk ECR exposures. Identify the risks, perform the root-cause analysis of the risks and the projections how they develop. Engage in forward and backward-looking analysis for various scenarios of potential market development and develop the risk reducing / value enhancing commercial strategies for various commodities relevant to ECR assets 

3. Steer Power Purchase Agreement (PPA) pricing, modeling, and negotiation strategies based on strong analytic supports for pricing and structuring. Understand PPA structures and scheduling & settlement requirements clearly and quantify key commercial risks linked to the fundamental market developments, renewable penetrations, regulatory development, etc. 

4. Perform data / statistical analysis using large amount of data, visualize and communicate key insights. Most of tasks of this position will requires advanced data analytic skills, handling large amount of data like hourly / sub-hourly wind / solar generation and market prices and visualization of the key insights / knowledge obtained from the analysis

Qualifications

  • Solid understanding of power market fundamentals and commodity market risks
  • Strong quantitative skills, paying attentions to details but not losing key messages
  • Statistical data analysis using one of the computation tools like R, MATLAB, or Python, visualize the highly complex concepts in a simple way
  • Programming skills C# or Visual Basic, database skills plus
  • Minimum 3 year experiences in power and commodity markets

What we offer

E.ON is committed to equal opportunities and actively promotes diversity, equality and flexibility.