ERCOT Power Asset Manager

3 hours ago


Houston, Texas, United States Selby Jennings Full time
Senior Asset Manager - ERCOT Power Assets

Our client, a leading oil and gas company, is seeking a seasoned Senior Asset Manager to oversee the management of their ERCOT power assets. As a key member of the team, you will be responsible for developing and executing strategies to optimize asset performance, manage risk, and drive business growth.

Key Responsibilities:

  • Develop and implement asset optimization strategies to maximize revenue and minimize costs
  • Manage and mitigate risk associated with ERCOT market volatility
  • Collaborate with the trading team to estimate congestion risks and develop strategies to manage them
  • Execute hedging strategies using various instruments, including energy hedges, gas hedges, options, and Congestion Revenue Rights
  • Produce monthly market analysis reports highlighting energy balance, transaction performance, market trends, and recommended courses of action

Requirements:

  • Minimum 7 years of experience in power markets, with at least 6 years in Competitive Energy Markets, preferably dealing with generation assets
  • Extensive knowledge of ERCOT market structure, transactions, and protocols
  • Excellent data handling, structuring, organizing, processing, and presenting skills, with proficiency in Excel and PowerPoint
  • Strong understanding of business principles, contracts, and relationships, including experience negotiating power purchase agreements and/or OTC trades


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