Environmental Commodities Manager

Pattern Energy Group; Houston (TX); Hybrid; USD 80,000 - 120,000; Full time

Job summary

A leading renewable energy company seeks to enhance its Energy Management Team by hiring a strategist focused on Renewable Energy Credits. The role entails managing the portfolio, developing strategies, and engaging with market fundamentals to drive competitive advantage. Ideal candidates will have a background in business with renewable energy experience, strong analytical skills, and proficiency in financial analysis.

Qualifications

• Experience in the energy industry, preferably in renewables.
• Ability to analyze data quickly for smart business decisions.
• Experience in managing energy assets and revenue optimization.

Responsibilities

• Administer the Renewable Energy Credit and Offset portfolio.
• Create hedging strategies and analyze portfolio performance.
• Communicate market drivers to optimize trading strategies.

Skills

Analytical Skills

Risk Management

Financial Analysis

Communication Skills

Portfolio Management

Contract Interpretation

Education

BS in Business or related field

Tools

Microsoft Excel

Job description

Overview

COMPANY OVERVIEW

Pattern Energy is a leading renewable energy companythat develops, constructs, owns, and operates high-quality wind and solar generation, transmission, and energy storage facilities. Our mission is to transition the world to renewable energy through the sustainable development and responsible operation of facilities with respect for the environment, communities, and cultures where we have a presence.

Our approach begins and ends with establishing trust, accountability, and transparency. Our company values of creative spirit, pride of ownership, follow-through, and a team-first attitude driveusto pursue our mission every day. Our culture supports our values by fostering innovative and critical thinking and a deep belief in living up to our promises.

Headquartered in the United States, Pattern has a global portfolio of more than 30 power facilities and transmission assets, serving variouscustomers that provide low-cost clean energy to millions of consumers.

Responsibilities

JOB PURPOSE

Support the Energy Management Team by administering the Renewable Energy Credit and Offset portfolio, including recommending strategy, financial analysis, reporting, and monetization of the portfolio.

Key Accountabilities

• Serve as a lead strategist and originator of short-term positions on our REC portfolio.
• Identify open positions and create a hedging strategy in line with the risk appetite of the organization and expertise in market fundamentals.
• Coordinate and communicate with various outside groups on market fundamentals to understand drivers affecting pricing and commercial optimization strategy. Serve as the primary SME to drive changes in strategy across all ISOs where Pattern maintains a merchant position.
• Track and analyze portfolio performance and present results regularly to management team to drive analytical and behavioral changes in trading strategy.
• Serve as a key customer facing contact in the industry and coordinate with origination on strategy to link short/mid-term origination to long-term deals where applicable.

Qualifications

Experience/Qualifications/Education Required

• BS in Business or a related field; prior experience in the energy industry, preferably in renewables.
• Ability to analyze and synthesize data quickly to make smart, risk averse business decisions.
• Ability to interpret contracts and incorporate the terms into commercial and financial analysis to make decisions.
• Experience in management of energy assets and/or revenue optimization.
• Ability to model via spreadsheet generation estimates and use formulas to automatically update inventory positions and to develop dynamic hedge strategy modelling.

Additional Requirements

• Understanding power market operations and wind energy operations.
• Ability to manage many projects simultaneously and have strong organization and Microsoft Excel skills to perform ad hoc analysis on a regular basis, with an ability to assess future needs to extend analysis into long term use.
• Ability to analyze, process, and anticipate multiple factors affecting renewable generation such as weather, transmission system operation, fuel mix, and demand and supply conditions, to make optimal trading decisions, including long in advance of settlement dates (year out).
• Ability to communicate professionally and effectively during contract negotiations with counterparties and ability to read contracts with an understanding of legal and commercial terms.

  Pattern Energy Group is an Equal Opportunity Employer.

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