Job Title: Power Resources Manager
Salary: To be determined, based on experience
Job Type: Full-Time
Location: HQ in Redwood City, CA (willing to consider full-time remote)
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 will start 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 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. The person in this position will be part of the team that makes this a reality.
The Energy Contract 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 meet 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 Energy Contracts Manager will work under direction of the Director of Power Resources and other Peninsula Clean Energy leadership and staff in some or all functions related to managing Peninsula Clean Energy and counterparty compliance with power supply contracts, contract negotiation, power supply planning, research and due diligence with respect to potential power supply opportunities, risk management, and invoice settlement and validation.
The Energy Contracts Manager may also assist with the preparation of certain regulatory compliance reports and with the preparation 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 Energy Contracts 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.
Essential Duties and Responsibilities
- Contract Management:
- Manage, and store information for energy supply contracts including renewable and carbon-free energy, Resource Adequacy, as well as financial transactions
- Track contract deliverables, validate settlements and invoices, ensure compliance and mitigate contractual risks
- Evaluate and track counterparty credit risk
- Origination Support:
- Plan, organize and help implement power procurements in close collaboration with the Power Resources team
- Assist in RFO procurement processes and maintain ongoing correspondence with counterparties to further contracting opportunities
- Support contract negotiations
- Facilitate contract execution
- Asset Management and Optimization:
- Support the evaluation, optimization, and performance reporting of resources
- Monitor renewable power plant outages/availability, track performance, and evaluate bidding strategies for solar, hydro, and wind resources
- Invoice Validation and Settlement:
- Interface with power suppliers and contractors regarding timely invoicing
- 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
- Resolve, or provide support in resolving invoice and billing issues
- 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
- Assist in managing and communicating annual and month-ahead Resource Adequacy supply plans for compliance
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
- Apply strong task prioritization, analytical and problem-solving skills
- Manage projects and time efficiently with a high level of attention to detail
- 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
- Perform quantitative and statistical analysis and effectively communicate results to others
- 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
PHYSICAL AND WORKING CONDITIONS
TEMPORARY: Given the current COVID-19 pandemic, work will be performed in a remote, work-from-home environment until further notice.
ENVIRONMENT: Work is performed in a typical office setting with exposure to computer screens with moderate noise and will require some evening and weekend work. The noise level in the work environment is usually typical of an office environment and public events.
PHYSICAL: While performing the duties of this class, employees are regularly required to sit, walk, and stand; talk or hear, in person and by telephone; reach with hands and arms. Employees are occasionally required to walk, and stand for prolonged periods; stoop, bend, kneel and twist; and may lift up to 20 pounds. Employees must be able to communicate in person, in writing, and by telephone with Board members, management, co-workers, vendors, consultants, and with the public in face-to-face, one-on-one, and group settings.
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
- Paid Parental Leave
- Paid Vacation
Application and Selection Process
To apply for this exciting opportunity, please submit the items listed below in PDF format to email@example.com.
- Cover letter expressing interest in the position and desired salary range
- Response to the following topics:
- 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.
- 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.
- 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.