Position Information

Posting Title
Energy Marketer

Job Requisition Number
AE503049

Position Number
108486

Job Type
Full-Time

Division Name
Power Supply & Market Ops

Minimum Qualifications

Education and/or Equivalent Experience:

• Graduation with a Bachelor's degree from an accredited college or university, plus five (5) years experience in a related field.
• Masters Degree from an accredited college or university with major course work in a field related to the job may substitute for experience up to one(1) yr.
• PhD. from an accredited college or university with major course work in a field related to the job may substitute for experience up to two (2) yrs.

Licenses or Certifications:
None

Notes to Applicants

Austin Energy is a customer-driven and community-focused organization whose mission is to safely deliver clean, affordable, reliable electricity and excellent customer service to its diverse customers.

Our utility is a recognized leader in renewable power and energy efficiency that is working toward providing 100% carbon-free generation by 2035. The successful Energy Marketer will directly contribute to our success by providing expertise in a variety of tasks related to the purchase, sale, and scheduling of electrical energy and capacity; the purchase and sale of generation fuels; and the origination of new carbon-free generation.

Our Energy Marketers support critical goals in minimizing and stabilizing power costs through financial risk management and ERCOT scheduling activities. Marketers analyze, design, and implement hedging strategies and manage portfolios of derivative instruments for the optimization of fuel, energy, and transmission costs. Energy Marketers also perform critical ERCOT scheduling functions, and monitor and mitigate transmission congestion on behalf of AE's customers.

Austin Energy's Energy Marketers are also responsible for origination for new contracted generation and other exciting new energy technologies, with duties including overall origination, analysis, RFP processes, selection processes, documentation, and ongoing monitoring of contract compliance.

Working with Austin Energy provides a number of health and welfare benefits such as low-cost medical, dental, vision, paid leave time, a highly competitive retirement plan, career development opportunities and more. Please click HERE for more information.

Employment Application:

• The City of Austin employment application is an official document; incomplete applications will not be considered.
• Please be sure to detail on the application all current and previous employment that you wish to be considered as part of your qualifications.
• The Employment Record should be complete with job titles, employment dates, job duties, functions, and responsibilities for each position held. Starting salary will be based on overall relevant experience from your application.
• Résumés will not be accepted and statements such as "see résumé" will not be accepted. You may use "N/A" for fields that are not applicable.
• Please note that Austin Energy may close the job posting at any time after 7 days from the date of the initial advertisement. Once the job posting has closed, applications cannot be changed.

If you are selected as a top candidate:

• Verification of your education (which may include high school graduation or GED , undergraduate and/or graduate degrees) will be required. You must provide proof of education from an accredited organization/institution. You must also provide proof of your professional licenses or certifications.
• If you are identified as a top candidate and are in the military or a veteran, you will need to provide a copy of your DD-214 prior to confirming a start date.

ERCOT
This position requires the use of an ERCOT Digital Certificate ( EDC ) and therefore will require a Security Review to determine if the candidate meets all the requirements for issuance of the EDC .

Pay Range

$47.51 - $61.76

Hours

8:00 a.m. to 5:00 p.m - Monday through Friday
May occasionally work evenings, weekends or holiday. Hours may change based on business needs.

Job Close Date
03/10/2023

Type of Posting
External

Department
Austin Energy

Regular/Temporary
Regular

Grant Funded or Pooled Position
Not Applicable

Category
Professional

Location
4815 Mueller Blvd, Austin TX 78723

Preferred Qualifications

Preferred Experience:

• Experience developing market strategies that optimize volumetrically varying assets in power portfolios.
• Experience with hedging philosophies that meet the needs of public power entities.
• Experience with providing deep and expert analysis for management.
• Experience with power origination and power trading.
• Experience with portfolio risk management.

Duties, Functions and Responsibilities

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

Tracks, forecasts wholesale power, fuel and related financial market conditions, market trends and prices. Perform and market QSE functions and services Monitors ERCOT transmission congestion and determines impacts to AE energy schedules

Determine, analyzes electric energy usage and fuel consumption projections and maintains optimum fuel inventory levels. Plans and evaluates wholesale power and/or fuel supply and transportation alternatives.

Responsible for all phases of a contract including origination, bid, rfp, specifications, selection process, documentation, monitoring and analyzing contract compliance resolves contract performance conflicts and discrepancies in the areas of wholesale power, fuel, transportation and hedging contracts. Provides accounting support for invoice reconciliation and approval

Identifies, procures and manages external consulting services. Maintains bid list of power and fuel market participants

Coordinates with the City's partners on fuel management and unit dispatching activities for jointly owned facilities. Provides technical expertise and participates in the ERCOT market design and development process

Designs and implements energy risk hedging strategies using applicable financial instruments. Manages portfolios of derivative financial instruments for hedging fuel, energy and transmission risks. Minimizes wholesale power and fuel costs through financial risk management activities

Develops and implements marketing plans for excess generation capacity and energy. Develops marketable wholesale energy products and related pricing terms

Design power purchase and sale enabling agreements. Maximizes profits through off-system sales of excess electrical capacity and energy

Applies new technology to improve processes and communications

Defines wholesale power, fuel supply and risk management performance reporting requirements

Responsibilities- Supervision and/or Leadership Exercised:

• May provide leadership, work assignments, evaluation, training, and guidance to others.

Knowledge, Skills and Abilities

Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

• Knowledge of City of Austin and Austin Energy contracts processes and procedures.
• Knowledge of wholesale fuel and electric markets and evolving industry and regulatory developments, both nationally and in Texas.
• Knowledge of Austin Energy's wholesale fuel and energy requirements.
• Knowledge of the impacts of recent deregulation trends in the fuel and energy markets.
• Knowledge of systems used to forecast, evaluate and transact business in the wholesale fuel and energy markets.
• Knowledge of applicable processes, techniques, and methods.
• Knowledge of Federal, State, Local laws, and ordinances governing fuel and energy markets.
• Knowledge of supervisory and managerial techniques and principles.
• Skill in oral and written communication.
• Skill in handling conflict resolution.
• Skill in using computers and related software applications.
• Skill in data analysis and problem solving.
• Ability to work with frequent interruptions and changes in priorities.
• Ability to train others.
• Ability to quickly recognize and analyze irregular events.
• Ability to perform job functions and assignments as part of a project team.

Criminal Background Investigation
This position has been approved for a Criminal Background Investigation.

EEO/ADA

City of Austin is committed to compliance with the Americans with Disabilities Act. If you require reasonable accommodation during the application process or have a question regarding an essential job function, please call (512) 974-3210 or Texas Relay by dialing 7-1-1.

The City of Austin will not discriminate against any applicant or employee based on race, creed, color, national origin, sex, gender identity, age, religion, veteran status, disability, or sexual orientation. In addition, the City will not discriminate in employment decisions on the basis of an individual's AIDS , AIDS Related Complex, or HIV status; nor will the City discriminate against individuals who are perceived to be at risk of HIV infection, or who associate with individuals who are believed to be at risk.