Power Trading & Market Forecast Specialist

First Gen Corporation; Manila; On-site; PHP 400,000 - 700,000; Full time

Job summary

First Gen Corporation in the Philippines seeks a Power Trading Analyst to support price, volume, and risk decisions for the Wholesale Electricity Spot Market (WESM). The role focuses on data-driven analysis, market monitoring, and timely reporting to optimize revenues and ensure competitive bids.

You will perform Day-Ahead forecasts, assess grid conditions, and evaluate plant and load dynamics to inform First Gen's supply strategy.

Qualifications

• The power trading analyst analyzes prices for offers, customers, and areas; analyzes special price requests as needed.
• Bachelor of Science degree in Electrical Engineering, Mechanical Engineering, Industrial Engineering, or Economics.
• Preferably with one year of work experience in Wholesale Electricity Spot Market Operations.

Responsibilities

• Submits offer price and volume to WESM and monitors outcomes.
• Declares bilateral contract volumes of First Gen to WESM to maximize revenues and minimize costs.
• Analyzes the power grid situation to ensure sound bid submissions and maximize revenues.
• Analyzes existing plants to determine system adequacy and monitor competing facilities.
• Analyzes loads to determine First Gen's supply strategy.
• Performs Day-Ahead Forecasts and ensures optimal dispatch of the trading portfolio.
• Compiles power industry databases from various sources.
• Prepares regular reports on the industry development, particularly on the WESM.

Education

Electrical Engineering

Mechanical Engineering

Industrial (Management) Engineering

Economics

Job description

First Gen Corporation in the Philippines seeks a Power Trading Analyst to support price, volume, and risk decisions for the Wholesale Electricity Spot Market (WESM). The role focuses on data-driven analysis, market monitoring, and timely reporting to optimize revenues and ensure competitive bids.

You will perform Day-Ahead forecasts, assess grid conditions, and evaluate plant and load dynamics to inform First Gen's supply strategy.