Trading Operations Engineer

3 days ago


Metro Manila, Philippines Global Business Power Full time

Job Objective/s 

The main objective of Trading Operations Officer is the 24/7 preparation of inputs and ensuring compliance to MGEN GBP Trading Platforms including but not limited to NMMS, NGCP AS Web System, CPEMS, CRSS and PREM. Trading Operations Engineer shall be responsible in analyzing and evaluating market events through data driven analysis and use of in-house, technical, and commercial tools.

 

Specific Duties & Responsibilities  

WESM Energy Market Prepares real-time input to NMMS, CRSS and other MGEN GBP Trading Platforms Coordinates internally (e.g. Plant Operations, TSD, FMD) and externally (e.g. IEMOP, Meralco ESO, CEBECO Trading) on matters related to plant dispatch and operations. Examines market dynamics and adopting immediate prudent action. Prepares internal daily reporting on energy markets highlights. Ancillary Services and Reserve Market Prepares real-time input to AS Web System and Reserve Market Platform Coordinates with internally (e.g. Plant Operations, TSD, FMD) and externally (e.g. IEMOP, Meralco Delta, NGCP) on matters related to ancillary services and reserve operations. Examines reserve dynamics and adopting immediate prudent action. Prepares internal daily reporting on reserve markets and highlights. Market Operations Compliances Monitor real-time conformance to WESM rules and aid in justifications and documentation submission to WESM Enforcement Officer/WESM Compliance Officer. Coordinates with internal stakeholders to ensure full compliance to market rules. Contributes to CPEMS inputs Energy and Ancillary Services Agreements’ Compliances Monitor conformance to Operating Protocol and best practices of Power Supply Agreements, Retail Electricity Supply Contracts and Ancillary Services Procurement Agreements. Coordinates with internal and external stakeholders to ensure full implementation of MGEN GBP Contracts Trading Strategy Implementation Makes timely decision on market bids and offers, customer nominations, ancillary services nominations, and other options available to optimize Energy Trading Operations margin. Implements Energy Trading optimization plans in real-time Market Evaluation and Surveillance Evaluates market events through data driven analysis and use of in-house, technical, and commercial tools. Commercial Operations of Conventional Technology Evaluate capabilities of Conventional Technologies (e.g. Coal, Diesel) with highlights on real-time sale of electricity considering technical and regulatory environment. Commercial Operations of Renewable and Emerging Technologies Evaluate capabilities of Renewable and Emerging Technologies (e.g. Solar, Wind, Battery) with highlights on real-time sale of electricity considering technical and regulatory environment. 

 

Position Requirements (Basic Qualifications)  
 

Completed Bachelor’s degree in Engineering, Mathematics, Economics and allied courses Professional License in Engineering (or certification for non-PRC regulated profession) 1-2 years of work experience as Energy Trader, Trading Analyst with hands-on experience in WESM Market Management System; or 3-5 years of work experience in the Electric Power Industry preferably in a capacity requiring familiarity with the Electric Power Industry Reform Act (EPIRA), the Philippine Grid and Distribution Code, the WESM Rules, the ERC Rules related to Retail Competition and Open Access, and Renewable Energy Act Excellent computer skills including proficiency with spreadsheet and programming Working knowledge in Technical and Commercial tools preferred (e.g. Plexos, I-pool, PSSE, R, Phyton, Matlab) and other analytical software Can communicate well (oral and written) 

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