Transmission Manager

Location: 

Houston, Texas, US, 77002

Job ID#:  665
Job Category:  Commercial / Risk
Position Type:  Regular FT

JERA Americas Inc. is part of a global energy company, supporting the transition to a cleaner, more sustainable world while fulfilling our responsibility to provide a safe and stable supply of reliable and affordable energy. The Company is a subsidiary of Tokyo-based JERA, which stands for Japan's Energy for a New Era. JERA has committed to achieving net zero CO2 emissions from its businesses by 2050 and is contributing to the development of a sustainable society.

JERA Americas seeks to continue its rapid expansion into renewable energy markets focusing on wind, solar, and cutting-edge technologies for hydrogen production and transportation. To meet the challenges of a fast-growing company, we are searching for talented individuals who thrive in a fast-paced environment and want to be part of the equation to provide energy for a new era.

Summary

The Transmission Manager will be the lead in supporting transmission and congestion related activities related to portfolio optimization, hedging, development, and M&A activity.

 

JERA Americas Inc. is part of a global energy company, with a large-scale power generation, LNG, and trading business, supporting the transition to a cleaner, more sustainable world while fulfilling our responsibility to provide a safe and stable supply of reliable and affordable energy. The Company is a subsidiary of Tokyo-based JERA, which stands for Japan's Energy for a New Era. JERA has committed to achieving net zero CO2 emissions from its businesses by 2050 and is contributing to the development of a sustainable society.

JERA Americas seeks to continue its rapid expansion into renewable energy markets focusing on wind, solar, and cutting-edge technologies for hydrogen production and transportation. To meet the challenges of a fast-growing company, we are searching for talented individuals who thrive in a fast-paced environment and want to be part of the equation to provide energy for a new era.

Position Description

  • Support JERA’s Commercial Operations Trading Desks, performing transmission analyses to identify short- and long-term congestion risks and to assist with and devise bidding, hedging, and optimization strategies.
  • Lead analysis of anticipated future transmission topology, congestion, and power flows to identify and champion areas of focus for M&A and development efforts.
  • Optimize and participate in market bids and FTR congestion hedges and provide basis pricing for PJM, NYISO, ISONE, ERCOT and other energy markets.
  • Analyze large sets of data to quantify trading risk exposures and support decision-making related to congestion forecasts.
  • Utilize power flow and production cost-based simulation applications like Dayzer and PSS/E models to develop congestion outlooks and hedging strategies.
  • Create databases to evaluate historical market data, path and portfolio selection and portfolio risk management criteria.
  • Perform ATC calculations to determine the available transmission capacity at potential M&A and developmental locations.

Monitoring

  • Monitor variables that influence the pricing of transmission products, including FTRs, ARRs, CRRs and physical & financial basis transactions.  
  • Follow ISOs and RTOs transmission meetings and have a solid understanding of the major planning projects.  Identify the potential treats and opportunities associated with these projects.
  • Maintain understanding of marketplace rules and procedures, and their effects on transmission product value and trading strategies. 

Position Description Continued

  • Understanding of electric markets and power portfolio management.
  • Superior analytical and problem-solving skills, results oriented, creative and innovative.
  • Must have the ability to create load flow cases and contingency analysis and interpret results. Must have knowledge of PSS/E, or PowerWorld.
  • Experience with the nodal production cost software such as DAYZER, UPLAN, or PROMOD and interpretation of their results.
  • Familiarity with any of PJM, NYISO, and ISO-NE required. Also, knowledge of FERC rulings in any of these markets is an asset.
  • Excellent verbal and written communication skills.
  • Ability to work independently and as a team member.
  • Solid understanding of the bulk power market strategies, pricing, hedging and power flow strategies on the transmission grid.  
  • Specific knowledge of transmission operations as it relates to the pricing of transmission products in both the physical and financial markets. 
  • Knowledge of and experience in modeling the electric grid to determine planning & operational transmission system limitations is preferred. 
  • Knowledge of all transmission products, including FTRs, ARRs, CRRs, physical & financial basis products. 
  • Extensive knowledge of trading tools and indices, marginal and average pricing, and physical movement of power through the electric grid, & financial transmission products.

Qualifications

Required Education and Experience
•    Bachelor’s degree in engineering, economics, business, finance, or other relevant degree, or related field
•    2 years FTR trading experience related transmission experience (higher degrees are preferred). Experience in a merchant environment would be beneficial.
•    5 to 7 years’ experience in energy development or transmission planning.
•    5 to 7 years energy industry experience.

Preferred Education and Experience
•    Master’s degree in a quantitative discipline, Mathematics, Science, Engineering, or related field.

AP/EEO Statement

JERA Americas Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics.


Nearest Major Market: Houston