Manager, Energy Markets

4 weeks ago

Springfield, United States Illinois Municipal Electric Agency (IMEA) Full time

IMEA is a wholesale electric supplier to 32 Illinois municipal electric systems with long-term contracts with its member utilities. Each of these communities owns and operates its own electric distribution system, with over half owning and operating local power generation plants. IMEA provides service to members through a combination of joint power plant ownership and long-term power supply agreements, as well as market-related energy and operational services. IMEA also manages a wholesale natural gas agency, the Illinois Public Energy Agency that serves 12 municipal gas systems and 2 cooperatives in the State of Illinois.  IMEA also provides management services to the Illinois Municipal Utilities Association for 55 municipal utilities throughout the state as well. The three entities operate 24x7x365 and have a combined annual budget near $350 million all managed from our state-of-the-art facility in Springfield, Illinois.


General Responsibilities

This member of the Engineering and Markets Team is responsible for participating in stakeholder meetings in the wholesale regional transmission organizations of Midwest Independent System Operator (MISO) and Pennsylvania-New Jersey-Maryland (PJM) markets. Develop short and long-term hedging strategies for the Illinois Municipal Electric Agency (IMEA) and work with VP of Engineering & Energy Markets, Resource Planner and Operations Management to optimize IMEA’s resource and transmission positions in the Regional Transmission Organization (RTO) markets. Manage IMEA’s energy and transmission markets settlement activities and directly supervise the Financial Settlements Analyst. This position works closely with other members of the Senior Management Team. Reports to the Vice President of Engineering and Energy Markets.


Specific Responsibilities and Duties

  • Participate and represent IMEA's interests in energy markets stakeholder groups and industry organizations in coordination with the IMEA Operations department to stay current on updated market rules, business practices and policy changes; analyze and communicate potential impacts on IMEA and its members.
  • Identify, evaluate, and develop improved work practices and processes for IMEA portfolio centered around the RTO markets and coordinate implementation with VP of Engineering & Energy Markets, Resource Planner and Senior Management team.
  • Manage wholesale energy settlement activities, oversee Financial Settlement Analyst and all aspects of RTO markets settlement activities in PJM and MISO.
  • Develop strategies and provide recommendations to Senior Management related to state and federal regulatory, MISO and PJM market design, power supply topics such as energy, capacity, and transmission.
  • Work in a team regarding strategic planning of the organization’s existing and future generation assets. Provide constructive feedback in the development of long-term energy portfolio strategies.     
  • Develop RTO (MISO and PJM) strategies and provide recommendations to Senior Management related to state and federal regulatory, market design and power supply topics.
  • Build relationships and coalitions with other industry participants, federal regulators, and state/ national groups for RTO, Federal, legal, and regulatory activities.
  • Manage and carry out the IMEA’s financial transmission and auction revenue rights (ARR/FTR) portfolio at PJM and MISO.
  • Closely monitor the Renewable Energy Certificate (REC) market in general and manage IMEA’s RECs portfolio.
  • Provide analysis to ensure compliance with approved risk management policy guidelines and procedures. Monitor trading activities to ensure compliance with the policies and procedures, identify and report non-compliance events and recommend measures to prevent non-compliance.
  • Participate in and support market-based asset valuation studies, regional power market assessments, price and volatility analyses. Assess and implement controls, procedures and methodologies related to energy risk management.
  • Develop and maintain forward market curves for the regions of operations; and research implementation rules and recommend alternative power supply strategies, such as Demand Side Management/ RTO Demand Response programs.


Qualifications

  • Bachelor’s degree in Business, Economics, Engineering, Finance, Mathematics, Statistics or quantitative field and 5 years of relevant work experience, or equivalent combination of education and experience in commodities trading with energy trading preferred.
  • Knowledge of commodity or economic principles
  • Knowledge of and experience with regional transmission organizations preferred - specifically MISO and PJM
  • Knowledge of energy operations and market instruments
  • Demonstrated analytical skills
  • Demonstrated software skills with computer spreadsheets and knowledge of databases
  • Demonstrated management skills
  • Ability to travel up to 10% of the time
  • Basic analytical and mathematical skills
  • Ability to organize and prioritize multiple tasks simultaneously
  • Ability to lead and work well in a team-oriented environment
  • Ability to take direction from and work well with people throughout the organization
  • Resides in central Illinois or willing to relocate (not covered by IMEA)


IMEA offers highly competitive salaries and excellent benefits including an employer-funded retirement program and a family medical plan. Dental, vision, life insurance, long term care along with short and long-term disability benefits are also provided at no cost to the employee.


Send resume to thall@imea.org & join the IMEA team

 

IMEA is an Equal Opportunity Employer

  • Manager, Energy Markets

    1 month ago

    springfield, United States Illinois Municipal Electric Agency (IMEA) Full time

    IMEA is a wholesale electric supplier to 32 Illinois municipal electric systems with long-term contracts with its member utilities. Each of these communities owns and operates its own electric distribution system, with over half owning and operating local power generation plants. IMEA provides service to members through a combination of joint power plant...

  • Manager, Energy Markets

    1 month ago

    springfield, United States Illinois Municipal Electric Agency (IMEA) Full time

    IMEA is a wholesale electric supplier to 32 Illinois municipal electric systems with long-term contracts with its member utilities. Each of these communities owns and operates its own electric distribution system, with over half owning and operating local power generation plants. IMEA provides service to members through a combination of joint power plant...

  • Manager, Energy Markets

    3 months ago

    Springfield, United States IMEA Full time

    Job DescriptionIllinois Municipal Electric Agency (IMEA) Manager, Energy Markets & Settlements IMEA is a wholesale electric supplier to 32 Illinois municipal electric systems with long-term contracts with member utilities. Each of these communities owns and operates its electric distribution system, with over half owning and operating local power generation...

  • Energy Market Strategist in Central Illinois

    3 weeks ago

    Springfield, Massachusetts, United States Illinois Municipal Electric Agency (IMEA) Full time

    Job OverviewThe Illinois Municipal Electric Agency (IMEA) is seeking a highly skilled Energy Market Strategist to join its team. As a key member of the Engineering and Markets Team, this individual will play a crucial role in developing and implementing strategies to optimize IMEA's resource and transmission positions in regional transmission organization...

  • Energy Management Consultant

    3 weeks ago

    Springfield, Illinois, United States Cenergistic Full time

    Job Summary:Cenergistic is seeking a highly motivated and experienced Energy Management Consultant to join our team. As an Energy Management Consultant, you will play a crucial role in developing and driving the organization's energy conservation program. This position requires strong analytical, organizational, and problem-solving skills to identify energy...

  • Business Analyst

    3 weeks ago

    Springfield, Illinois, United States Constellation Energy Generation, LLC. Full time

    As a leading producer of clean, carbon-free energy, Constellation Energy Generation, LLC. is committed to accelerating the transition to a carbon-free future.About UsWe have been at the forefront of clean energy production for over a decade, and our focus on innovation and sustainability has enabled us to cultivate a workplace where our employees can grow,...

  • Energy Manager

    4 months ago

    Springfield, United States V2X Full time

    OverviewWorking across the globe, V2X builds smart solutions designed to integrate physical and digital infrastructure from base to battlefield. We bring 120 years of successful mission support to improve security, streamline logistics, and enhance readiness. Aligned around a shared purpose, our $3.9B company and 16,000 people work alongside our clients,...

  • Energy Manager

    6 days ago

    Springfield, United States V2X Full time

    OverviewWorking across the globe, V2X builds smart solutions designed to integrate physical and digital infrastructure from base to battlefield. We bring 120 years of successful mission support to improve security, streamline logistics, and enhance readiness. Aligned around a shared purpose, our $3.9B company and 16,000 people work alongside our clients,...

  • Key Accounts Specialist

    6 days ago

    Springfield, Virginia, United States AltaGas Full time

    Company OverviewAltaGas is a leading energy infrastructure company with a strong presence in North America's strategic energy markets. Our goal is to connect customers with premier energy solutions, leveraging our expertise along the energy value chain.We deliver clean and affordable natural gas to approximately 1.7 million customers through regulated...

  • Marketing Manager

    3 weeks ago

    Springfield, United States Company Name Private Full time

    Job DescriptionJob DescriptionWe are looking for a Marketing Manager to join our growing team! This position will play a key role in building sales and local marketing initiatives and will be out in the field meeting new guests daily in their market. To be considered for this role, you must live in the Northeast United States (preferably MA, NY, or...

  • Senior Solar Power Plant Operations Manager

    3 weeks ago

    Springfield, Illinois, United States Origis Energy Technicians Full time

    Job OverviewWe are seeking a highly skilled Senior Solar Power Plant Operations Manager to join our team at Origis Energy Technicians. This role is responsible for the day-to-day operations and maintenance of utility-scale solar power plants across multiple locations.

  • Renewable Energy Sales Professional

    2 weeks ago

    Springfield, Massachusetts, United States Alva Full time

    About the RoleSolar Consultant sought for dynamic team to contribute to renewable energy solutions expansion in the market.Key Responsibilities include Proactive Lead Generation, Door-to-Door Sales Engagement and Exceeding Sales Targets. Success defined by consistently surpassing sales quotas.In this position you will benefit from Competitive Pay ($45,000...

  • Senior Energy Data Analyst

    16 hours ago

    Springfield, Virginia, United States AltaGas Full time

    Job Overview:AltaGas, a North American energy infrastructure company, seeks an experienced Senior Energy Data Analyst to join its team. As a key member of the organization, you will play a crucial role in ensuring the accuracy and completeness of meter records. Your analytical skills and attention to detail will be instrumental in maintaining high-quality...

  • Marketing Brand Manager Professional

    3 weeks ago

    Springfield, Illinois, United States Copperhead Grille Full time

    Entry-Level Marketing and Brand Management PositionWe're seeking a motivated and creative individual to join our marketing team as an Entry-Level Assistant Marketing & Brand Manager. This role offers a unique opportunity for recent graduates or individuals eager to jumpstart their career in marketing and brand management.This entry-level position begins with...

  • Energy Systems Technician

    3 weeks ago

    Springfield, Massachusetts, United States Trinity Health Full time

    Company Overview:Trinity Health Of New England is a leading healthcare provider committed to delivering high-quality patient care. As a part of the nationwide Trinity Health family, we strive to make a positive impact on our communities.About the Position:We are seeking an experienced Power Plant Operator to join our Facilities team at Mercy Medical Center....

  • Senior Manager

    1 day ago

    Springfield, United States HarmonyCares Full time

    OverviewHarmonyCares is one of the nation’s largest home-based primary care practices. HarmonyCares is a family of companies all dedicated to providing high-quality, coordinated health care in the home. This includes HarmonyCares, HarmonyCares Medical Group, HarmonyCares Home Health and HarmonyCares Hospice. Our Mission – To bring personalized,...

  • Sales and Marketing Territory Manager

    3 weeks ago

    Springfield, Oregon, United States Yamato Corporation Full time

    Yamato Corporation, a renowned global leader in the food packaging industry, seeks an exceptional Sales and Marketing Territory Manager to spearhead sales activities across the Western territory. With over 100 years of success, Yamato has established itself as a world-class manufacturer of weighing equipment. Our Grafton, Wisconsin headquarters supports the...

  • Retail Market Manager

    1 month ago

    springfield, United States Good Day Farm Full time

    SummaryThe Market Manager will help each dispensary in their district stay up to date with company policies and procedures, ensures focus on increasing sales, achieving revenue and income targets, building productive operations and a positive customer experience. They will work closely with the Director of Stores to build and execute market strategies that...

  • Construction Quality Assurance Engineer

    3 weeks ago

    Springfield, Illinois, United States IEA Management Services Full time

    Job OverviewWe are seeking a skilled Construction Quality Assurance Engineer to join our team at IEA Management Services. This role will be responsible for ensuring the quality and compliance of construction activities on large-scale solar energy projects.About the RoleAs a Construction Quality Assurance Engineer, you will be responsible for inspecting and...

  • Electrical Project Engineer

    2 weeks ago

    Springfield, United States Farnsworth Group Full time

    Position: Electrical Project Engineer - Energy & Utilities Location: Springfield, IL Job Id: 2442 # of Openings: 1 Join us and grow your career with a certified Great Place to Work for the last nine years running. We are a team of Engineers, Architects, Surveyors and Scientists committed to making meaningful contributions to the world around us. Our...