- Develop and deploy commercial trading and hedging strategies to maximize the profitability of ENGIE’s 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.)
- Bachelor’s 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 talentacquisition.engiena@engie.com. Must put job code 51597 on resume
Legal Entity: ENGIE ENERGY MARKETING NA, INC.
Professional Experience: Skilled ( >3 experience <15 years)
Our organisation is an equal opportunity employer and is committed to fostering a diverse and inclusive workplace. We offer reasonable accommodations upon request for individuals with disabilities.