Transmission Manager

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 JERAs 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