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