Power Trading Analyst

Energy Development Corporation; Manila, Hinoba-an; On-site; PHP 600,000 - 1,200,000; Full time

Job summary

First Gen is seeking a Power Trading Analyst to manage price and volume submissions to the Wholesale Electricity Spot Market (WESM) and to monitor market outcomes. The role involves forecasting and optimizing dispatch for the trading portfolio, under guidance from the trading team.

Primary responsibilities include analyzing grid conditions, assessing plant adequacy, and preparing industry reports. A Bachelor's degree in engineering or economics plus relevant experience is preferred.

Qualifications

• Bachelor degree in Electrical/Mechanical/Industrial Engineering or Economics.
• 1 year of experience in Wholesale Electricity Spot Market operations preferred.

Responsibilities

• Submit offer price and volume to WESM to maximize revenues.
• Monitor WESM outcomes and perform Day-Ahead forecasts.
• Analyze existing plants for supply adequacy and monitor competing generators.
• Assess load behavior to guide First Gen's supply strategy.
• Prepare regular reports on industry development and WESM activities.

Skills

Price analysis

WESM awareness

Power trading

Forecasting

Education

Electrical Engineering

Mechanical Engineering

Industrial Engineering

Economics

Tools

WESM portal

Excel

Job description

## Power Trading AnalystApply: FPH Rockwell Business Center Tower 3: Full time: Posted 5 Days Ago: JR00004743**At First Gen we take pride in our work of energizing the Philippines through clean power generation technologies. As we grow to become the best in the industry, we are continuously searching for talent who are driven, empowered, and passionate about making a positive difference in the world.**We provide employees with ample opportunities and resources that enable them to perform at their best, contribute value, and help us achieve our Mission of “forging collaborative pathways for a decarbonized and regenerative future.”First Gen wants you to be good at your job and be successful at it. To this end, we will invest in your professional and personal growth by providing you with the right tools to effectively carry out your role as well as learning and development opportunities to advance your career.* Submits offer price and volume to WESM; Monitors WESM outcomes* Declares bilateral contract volumes of FGen to WESM to ensure maximum revenues and minimal costs;* Analyzes the power grid situation critical in ensuring that FGen bid submissions are sound, with the end goal of maximizing revenues;* Analyzes the existing plants operating in the system to determine the adequacy of supply in the system and to monitor competing generation facilities;* Analyze the behavior of loads to determine First Gen Corporation's supply strategy;* Perform Day-Ahead Forecasts and ensure optimal dispatch of the trading portfolio* Compiles power industry databases from various sources.* Prepares regular reports on the industry development, particularly on the WESM.## Minimum Qualifications* The power trading analyst is responsible for specific analysis concerning prices (e.g., competition, relative positioning, profitability) for an offer, a customer segment, and/or an area. Analyzes special price requests as necessary.* Bachelor of Science degree in any of the following courses: Electrical Engineering, Mechanical Engineering, Industrial (Management) Engineering, Economics.* Preferably with work one (1) year of work experience in Wholesale Electricity Spot Market Operations