Senior Associate, Energy Services

Clearlight Energy, an LS Power company, is seeking a Senior Associate, Energy Services to manage positions stemming from a portfolio of assets like solar, wind, and battery storage, optimizing and hedging risks such as intermittency, congestion, and DART spreads.

Requirements

• Perform market analysis to determine short- and long-term trading opportunities in the commodity markets
• Negotiate and execute bilateral agreements to hedge existing positions and the supporting guarantee
• Utilize industry fundamental analysis to research market dynamics and assess trade and hedge positions
• Co-develop tools and integrated systems supporting the trading activity
• Monitor market, industry, product and pricing trends
• Assist with structuring and negotiating documentation to put trades into place
• Provide asset valuation support for company’s acquisition and development activity
• Maintain close interaction with operational teams, collecting real-time asset insights and proving them with market info to base operational decisions
• Present hedge strategies (and their results) to executive committees and broader groups
• Develop power generation hedging strategies across market regions to maximize profitability and minimize margin volatility
• Hedging would focus on the gross margin value streams such as power, ancillaries, and capacity
• Formulate risk management and trading strategies
• Ensure compliance with strategic objectives and existing risk controls
• Apply statistical and econometric analysis to raw Power and Gas data sets to form robust conclusions with predictive value