Power Purchase Expert

Principal Buyer | Saudi Power Procurement Company; Saudi Arabia; On-site; SAR 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Principal Buyer to oversee power procurement contracts. In this pivotal role, you will manage compliance with regulatory requirements and ensure the efficiency of energy procurement operations. Collaborating with various business functions, you will guide strategic purchasing plans while leveraging your extensive experience in contract management. This position offers an exciting opportunity to contribute to the energy sector's growth and efficiency, making a significant impact on procurement processes and stakeholder satisfaction. If you are passionate about energy management and have a strong background in procurement, this role is perfect for you.

Qualifications

• 10+ years of experience in power procurement or related fields.
• Bachelor's or Master's degree in Electrical Engineering or relevant field.

Responsibilities

• Manage power purchase contracts and ensure compliance.
• Monitor operations of contracted power producers for efficiency.
• Develop strategic power purchasing plans considering market risks.

Skills

Contract Management

Regulatory Compliance

Strategic Planning

Performance Metrics Analysis

Dispute Resolution

Education

Bachelor's Degree in Electrical Engineering

Master's Degree in Electrical Engineering

Tools

Data Analysis Software

Project Management Tools

Job description

Roles and Responsibilities:

• Manage power purchase contracts, ensuring compliance with regulatory and contractual obligations and aligning contract milestones with technical and commercial performance metrics.
• Monitor and report on the day-to-day operations of contracted power producers to ensure smooth and efficient energy procurement.
• Guide the development of strategic power purchasing plans in collaboration with the Planning and Strategy business line, considering market conditions and associated risks.
• Review and approve power purchase invoices after verification by the Commercial Settlements team, ensuring accuracy and alignment with contract terms.
• Coordinate corrective measures in power purchase contract implementation from both technical and commercial perspectives to maintain system efficiency.
• Plan and provide periodic reports to stakeholders, detailing the status of power purchase agreements, revenue generation, and relevant technical/commercial criteria.
• Support the application of performance metrics for power purchase contracts under development, ensuring lessons learned from previous agreements are applied.
• Consult and collaborate with relevant business functions, including Legal, to address and resolve any technical or commercial disputes related to power purchasing.
• Analyze and review O&M plans in coordination with system operators and other stakeholders, recommending amendments as needed to ensure smooth contract execution.
• Improve contract-related processes by providing data-driven insights and promoting SPPC as a trusted and efficient power purchase entity.

Qualifications:

• Bachelor's/Master's degree in Electrical Engineering, or a relevant field.
• More than 10 Years of Experience in a relevant field.
• Procurement Management (e.g., CIPM) are preferred.