Peninsula Clean Energy
Peninsula Clean Energy

Power Resources Manager

Job Title:        Power Resources Manager
Salary:            To be determined, based on experience
Job Type:       Full-Time
Location:        Requires California residency. Peninsula Clean Energy is a remote-first work environment. Employees will be expected to attend in-person meetings on a monthly to quarterly basis at the Peninsula Clean Energy office in Redwood City, CA.

PENINSULA CLEAN ENERGY

Peninsula Clean Energy is a joint powers authority formed by the County of San Mateo and each of its 20 cities to offer greener electricity to its residents and businesses to meet local climate action goals. In December 2020, the City of Los Banos joined Peninsula Clean Energy and started receiving service from Peninsula Clean Energy in April 2022. Peninsula Clean Energy is governed by a Board of Directors, which is comprised of a representative from the governing body of each member community.

Peninsula Clean Energy operates as a Community Choice Energy program to provide clean energy for its member communities by purchasing electricity from clean generation sources (such as solar, wind and hydropower). Electricity is still delivered over the existing transmission and distribution system, which will continue to be owned and operated by the current electric utility, PG&E. Implementing Peninsula Clean Energy’s program helps achieve local community climate actions goals. Peninsula Clean Energy serves approximately 300,000 customers.

Peninsula Clean Energy has developed a strategic plan, which includes providing 100% renewable energy on a 24/7 basis by 2025 and a white paper describing why this goal is important. The person in this position will be part of the team that makes this a reality.

THE POSITION
The Power Resources Manager is a key member of the Power Resources team. The Power Resources team has a wide range of responsibilities related to the development and management of Peninsula Clean Energy’s energy supply portfolio to serve customers, meet regulatory requirements, and achieve the agency’s goal to be 100% renewable. This includes procuring renewable and carbon free energy and resource adequacy products, complying with Peninsula Clean Energy’s hedging and portfolio diversification strategies, achieving regulatory and legislative objectives, and maximizing benefits for our customers.

The Power Resources Manager will work under the direction of the Director of Power Resources and other Peninsula Clean Energy leadership and staff in functions related to developing and managing Peninsula Clean Energy’s power portfolio including compliance with power supply contracts, contract negotiation, power supply planning, research and due diligence with respect to potential power supply opportunities, risk management, regulatory compliance and reporting and invoice settlement and validation.

The Power Resources Manager may also assist with the preparation and presentation of informational material for the Peninsula Clean Energy Board. The individual in this position will develop significant subject matter expertise in Peninsula Clean Energy’s operations.

The Power Resources Manager should have knowledge of wholesale power procurement, energy-related technologies, local and state energy policy, negotiations, and intermediate to advanced project management and coordination skills. At least five years of directly related experience is required.

Duties and Responsibilities

  • Contract Management:
    • Manage contracts through the lifecycle, from execution, tracking milestone and performance metrics during development and operating phases, through expiration
    • Summarize and compile commercial terms, conditions, and timelines for executed contracts
    • Manage contract compliance, communicate updates and irregularities, and mitigate contractual risks
    • Evaluate and track counterparty credit risk and collateral requirements
  • Asset Management and Optimization:
    • Support the evaluation, optimization, and performance reporting of resources
    • Work with resource Scheduling Coordinators to create and revise strategies for resources scheduled into the energy market with the aim to optimize value and mitigate costs
    • Monitor renewable power plant outages/availability, track performance, and evaluate bidding strategies for solar, hydro, and wind resources
    • Resolve any issues related to the resource that impacts production including telemetry with resource developers
    • Report on resource performance and bidding practices to senior management
  • Origination Support:
    • Plan, organize and help implement power procurements in close collaboration with the Power Resources team
    • Evaluate risks and benefits to various contract structures, help with the development of language to include in contracts that further reduce risk
    • Assist in RFO procurement processes and maintain ongoing correspondence with counterparties to further contracting opportunities
    • Support contract negotiations
  • Invoice Validation and Settlement:
    • Perform validation on invoices to ensure accurate charges and credits have been applied
    • Validate CAISO statements and CAISO cost recovery from counterparties as provided for in contract terms
  • Support Compliance Reporting:
    • Support mandatory compliance reporting related to Peninsula Clean Energy power supply, including those required by the California Public Utilities Commission (CPUC), California Energy Commission (CEC), the California Independent System Operator (CAISO), the Department of Energy (DOE), and others

QUALIFICATIONS

The ideal candidate would have:

Education and Experience:

  • A bachelor’s degree in business, economics, engineering, environmental planning, or other related or relevant field
  • At least five (5) years of experience directly related to the duties and responsibilities described above, particularly in energy contract management or negotiation
  • Experience working in energy trading, the utility industry, and/or with a Community Choice Aggregation program is desirable

Knowledge and Understanding:

  • Contracts management best practices
  • Proficient quantitative skills, including expertise with Microsoft Office (Excel, Access, Word etc.) and data analytics tools
  • Energy generation technologies, including carbon neutral electric energy, conventional energy, and renewable energy
  • The CAISO settlement process
  • Power purchase agreement structures, and general terms and conditions
  • Procurement process and use of renewable energy certificates to support mandatory and voluntary compliance programs
  • Renewable energy project development including environmental and local use permitting, and interconnection agreements and processes
  • Experience with energy data including interval meter data, energy pricing data, and energy customer attributes
  • Counterparty credit analysis
  • Negotiation strategies
  • Efficient implementation of projects and utilization of time with a high level of attention to detail.
  • Familiarity with the California energy industry and electric power markets.
  • Intrinsic curiosity and motivation to understand new concepts, tackle hard problems, and ask hard questions.

Ability to:

  • Apply strong task prioritization, analytical and problem-solving skills
  • Manage projects and time efficiently with a high level of attention to detail and strong organizational skills
  • Develop high-quality writing, research and communication work products
  • Deliver clear oral communications
  • Interact professionally and effectively with counterparties, consultants, Peninsula Clean Energy staff, and Board of Directors
  • Manage multiple priorities and quickly adapt to changing priorities in a fast-paced dynamic environment
  • Take responsibility and work independently, as well as coordinate team efforts within Peninsula Clean Energy and the greater CCA community
  • Demonstrate patience, tact and courtesy
  • Demonstrate good judgement and integrity

Supervisory Responsibilities
No direct supervisory role anticipated at this time, but this could change as PCE grows over time.  The incumbent will be expected to provide some guidance, mentorship and training to more junior analysts as appropriate.

Remote Working Model

 At the current time, Peninsula Clean Energy has adopted a remote-first policy with work primarily performed from a home office. Office space is available in Redwood City if preferred. Employees are expected to live within 100 miles of the Redwood City office, but exceptions can be made with approval of the employee’s supervisor and the CEO. Employees will be expected to attend in-person meetings on a monthly to quarterly basis.

SALARY AND BENEFITS

Compensation commensurate with experience. Peninsula Clean Energy offers a generous benefits package, including

  • Individual, family and domestic partner health insurance
  • Retirement and Employer Matching Contributions
  • Health and dependent care flex spending account
  • Cell phone and internet stipend for remote work
  • Paid Parental Leave
  • Paid Vacation

APPLICATION AND SELECTION PROCESS

Submit application materials to:

hr@peninsulacleanenergy.com

with a subject line: “Power Resource Manager: ”

The application materials must include:

  • Cover Letter
  • Resume
  • Responses to the Supplemental Questions listed below

Supplemental Questions

  1. Describe your experience and knowledge of contracting for electricity products in the short-term and long-term markets, including conventional, renewable and GHG free energy, resource adequacy, congestion revenue rights, and ancillary services. Describe your experience and/or knowledge of negotiating strategies.
  2. Describe your experience and knowledge of the CAISO market and settlement processes. Please describe any experience managing settlement data for energy resources, checking for accuracy, and performance monitoring.
  3. Please describe your experience with contract management. Describe methods you have used to ensure contract requirements and timelines are recorded, tracked appropriately, and met on-time per the terms of the agreement.

PENINSULA CLEAN ENERGY IS AN EQUAL OPPORTUNITY EMPLOYER.