Power Trading Analyst

First Gen Corporation; Philippines; On-site; PHP 420,000 - 660,000; Full time

Job summary

First Gen Corporation is seeking a Power Trading Analyst in the Philippines to drive bid strategies and market analysis. You will submit and monitor WESM offers, declare volumes, and analyze grid conditions to optimize revenues while controlling costs.

The role also focuses on forecasting, portfolio dispatch, and industry reporting. The ideal candidate holds an engineering or economics degree and has exposure to wholesale electricity markets.

Qualifications

• Bachelor's degree in one of the listed engineering or economics fields.
• Experience in wholesale electricity markets is a plus.
• Analytical mindset with strong data interpretation skills.

Responsibilities

• Submits offer price and volume to the WESM and monitors outcomes.
• Declares bilateral contract volumes to WESM to maximize revenues and minimize costs.
• Analyzes power grid conditions to ensure sound bid submissions.
• Assesses operating plants to gauge supply adequacy and monitor competitors.
• Analyzes load behavior to shape First Gen's supply strategy.
• Performs Day-Ahead forecasts and ensures optimal dispatch of trading portfolio.
• Compiles power industry databases from multiple sources.
• Prepares regular industry reports focusing on WESM developments.

Skills

Price analysis

Bid submissions

Power trading

Day-Ahead forecasting

Market monitoring

Education

Electrical Engineering

Mechanical Engineering

Industrial Engineering

Economics

Job description

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;
• Analyzes the behavior of loads to determine First Gen Corporation’s supply strategy;
• Perform Day-Ahead Forecasts and ensure optimal dispatch of the trading portfolio
• Compile 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 one (1) year of work experience in Wholesale Electricity Spot Market Operations