About the Role
The position is a key member of the Renewables & Power team as a focal point in keeping the team abreast of all the changes to the regulatory landscape, delivering analysis and commercial insight to the New Energy business. Primary responsibilities are to support the New Energy business through synthesis and communication of power/electricity/transmission regulation changes and impacts to commercial teams, facilitating commercial solutions within existing regulations, working with other New Energy teams in external advocacy for competitive markets and assist with managing any FERC or ISO compliance and/or reporting obligations.
The role requires a pro-active, innovative and accountable individual who has a solid background and understanding of the US power markets and the regulations related to the US power and transmission markets. The role reports to the General Manager of Power Solutions. The role is based in Houston and may require travel (including the possibility of international travel) from time-to-time.
Duties & Responsibilities:
- Accountable for the delivery of commercial analysis and insights into the US power and renewables sector through a focus on regulatory policies and structure, potential regulatory changes and their impact on structuring optimal power solutions
- Accountable for the team's input to the power strategy underpinning the New Energy business, with a focus on driving power solutions in support of hydrogen and ammonia opportunities in the US
- Contribute to synthesizing and enhancing regulatory analyses from external consultants and other organizations to deliver actionable insights
- Follow developments before regulatory or government agencies that affect the power solutions activities and report on such developments
- Monitor and participate in stakeholder processes with appropriate groups (i.e. independent system operators) to provide the team with information about rule changes and other developments that impact potential projects or operations
- Participate in trade associations to assist in deriving benefits from memberships, such as leveraging access to information and supporting advocacy efforts
- Review rules affecting implementation of projects being evaluated
- Monitor and analyze wholesale electricity market design changes, including reviewing protocols, and provide input on suggested improvements
- Model or support modelling that will estimate the market impacts of projected structural and regulatory market design changes
Skills and Experience
- Must have fundamental understanding of power regulatory processes and stakeholders
- Technical and/or commercial understanding of retail and wholesale power markets (gas and carbon product market is a plus)
- Understanding of electricity market operation and pricing mechanisms
- Experience in modelling related to RTO/ISO market design and rule changes is highly desirable
- Ability to understand impacts of government electricity policies and/or regulations, effectively communicate the implications and make recommendations on how the business should respond
- 5 years of relevant experience
- Quantitative background and degree (e.g., Economics, Finance, Engineering)
- Exceptional problem-solving skills and strong analytical capabilities. Ability to leverage qualitative and quantitative methods to answer market questions
- Strong written skills
- Extensive collaboration with internal and external stakeholders
- Ability to be self-directed
Reward and Recognition
- Work on projects for world-class operating assets renowned for their safety, reliability, and efficiency
- Commitment to your ongoing development, including on-the-job opportunities, formal programs, and assistance with further education
- Values in action
- A competitive remuneration packages
About Petroplan
Petroplan is the trusted, specialist global Talent Solutions partner of choice for employers and professionals in the Energy sector. Since 1976, Petroplan has been here to help people like you make the most of the opportunities available and find the best fit for you as an individual.
Over 10,000 placements in more than 55 countries for over 550 clients across 65 disciplines.
In an industry where skilled and experienced professionals are increasingly sought after resource, we appreciate the true value of what you have to offer. What's more, we understand that different things are important to different people in today's world of work - it's about making exactly the right connections for you as an individual.
Our reputation for contractor and candidate care, understanding what makes you tick, and finding you the best match is second-to-none. We understand the industry inside-out and seek to understand YOU and your motivations in the same way. We take the time to evaluate your individual strengths, understand the most important things to you, and establish exactly what you're looking for from your next role.