Head of Wholesale Electricity Market

4 days ago


Pasig, National Capital Region, Philippines Meralco PowerGen (MGEN) Full time

The Energy Trading Manager at Meralco PowerGen (MGEN) is responsible for leading the team in managing and strategizing energy and ancillary dispatch, bids, and offers of all WESM registered Plants.

The key responsibilities include:

Ancillary Services and Reserve Market Management
  • Review performance of Energy Trading Operations in Ancillary Services and Reserve Market
  • Create action plans on improvement of revenues, processes, and systems related to Ancillary Services and Reserve Market

Market Operations Compliances

  • Act as WESM Enforcement Officer and participate in public consultations, conferences, and forums to put forward the business interest of the company on rules that will affect Energy Trading and its compliance requirements
  • Review Trading Management and Trading Operations' performance on conformance to WESM rules and create improvement plans to minimize non-compliances

Requirements:

  • Strong organizational and interpersonal skills
  • Excellent written and oral communications skills
  • Completed Bachelor's degree in Engineering, Mathematics, Economics, and allied courses
  • Professional License in Engineering (or certification for non-PRC regulated profession)
  • At least 5 years of work experience as Energy Trader, Trading Analyst with hands-on experience in WESM Market Management System; or
  • At least 8 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, Python, Matlab) and other analytical software

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