Global Energy Management Lead - ERCOT and SPP

Edp Renovaveis Servicios Financieros SA; Houston (TX); Hybrid; USD 150,000 - 190,000; Full time

Job summary

EDP Renewables North America seeks a Global Energy Management Lead to optimize its ERCOT and SPP portfolio. Lead day-ahead scheduling, hedging, and basis strategies while ensuring compliance with risk policies and regulatory requirements. Drive data analytics to improve performance and profitability.

The role requires hands-on market experience, strong communication, and the ability to collaborate with Risk, Asset Operations, and external market participants in a hybrid Houston environment.

Qualifications

• Bachelor’s degree in Economics, Finance, Mathematics, Engineering or STEM fields.
• 6+ years of experience in power scheduling, trading/hedging, and basis management in ERCOT and SPP.
• Hands-on experience structuring short-term off-take agreements for wholesale power.
• Knowledge of North America power market software (YES Energy, Enverus, Genscape).
• Strong analytical, problem-solving and communication skills.
• Excel proficiency; Power BI knowledge preferred.

Responsibilities

• Develop and implement robust power scheduling and trading strategies for ERCOT and SPP.
• Develop and manage hedging strategies for wholesale electricity prices and locational basis.
• Responsible for day-ahead scheduling, hedges execution, and basis hedges procurement (CRRs/TCRs).
• Optimize EDP’s merchant portfolio in line with Energy Management goals.
• Monitor and analyze power market trends, regulatory changes, and risk factors.

Skills

Power scheduling

Trading/hedging

Basis management

Data analytics

Excel

Communication skills

Education

Bachelor’s degree in Economics, Finance, Mathematics, Engineering or STEM

Tools

YES Energy

Enverus

Genscape

Power BI

Job description

Global Energy Management Lead - ERCOT and SPP

Country/Region: US

City: Houston, TX

Business Platform: Global Energy Management

EDP Renewables is a global leader in the renewable energy sector and the fourth-largest wind energy producer. With a sound development pipeline, first-class assets, and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 28 markets.

Our company is part of EDP, a global energy group present in around 30 markets with a particular emphasis on renewable energies. With more than 45 years of experience, we have been consolidating a relevant presence on the world energy scene based on the commitment to be all-green by 2030, leading the energy transition. With more than 13,000 employees around the world, we are committed to using our energy and heart to drive a better tomorrow.

Role Overview

The Global Energy Management team at EDP Renewables North America is seeking a highly motivated professional to lead short- and medium-term asset optimization for its ERCOT and SPP growing portfolio of renewable assets. You will develop and implement power scheduling and hedging strategies to maximize the value of EDPR NA merchant position in the wholesale electricity markets while adhering to risk policies and regulatory requirements. Responsibilities include day-ahead scheduling, executing power hedges, and procuring basis hedges. The role requires advanced hands‑on experience in ERCOT and SPP power market dynamics, hedging and trading strategies, alongside the demonstrated ability to leverage data analytics to enhance performance and deliver profitable results, when compared to passive scheduling and hedging strategies.

Main Accountabilities

• Develop and implement robust power scheduling and trading strategies aimed at optimizing EDP portfolio of renewable assets within NA wholesale power markets, specifically in ERCOT and SPP.
• Develop and manage hedging strategies for wholesale electricity prices and locational basis, ensuring effective management of EDP risks and positions within the power markets.
• Responsible for day-ahead scheduling activities, power hedges execution, and basis hedges procurement (CRRs/TCRs).
• Optimize EDP’s merchant portfolio, ensuring alignment with company’s Energy Management goals.
• Develop and implement prop trading strategies including virtuals, power futures, and FTRs.
• Monitor and analyze power market trends, regulatory changes, and other factors affecting prices and risk, recommending strategies to maximize the portfolio value.
• Work closely with risk and compliance teams to ensure proper monitoring of exposure, compliance with internal risk policies, and adherence to regulatory and legal requirements in the power markets.
• Monitor and report on the performance of the company’s portfolio and related books, including prop trading.
• Leverage data analytics and technology to enhance trading performance and streamline operations.
• Support the structuring and execution of short-medium term Power Purchase Agreements.
• Foster collaboration with internal departments (e.g., Risk, Asset Operations) and maintain relationships with external stakeholders (e.g., market participants, ISOs/RTOs).
• Work as part of a team, participating in special projects/duties as assigned by team leader.

Direct reports

None

Location

Houston, TX (Hybrid:3 days in office 2 days remote)

Travel

0% - 10%

What we are looking for

Minimum Qualifications

• Bachelor’s degree in Economics, Finance, Mathematics, Engineering or other STEM fields; Graduate studies are a plus.
• Minimum 6+ years of experience and proven track record in power scheduling, trading/hedging, and basis management in ERCOT and SPP.
• Hands‑on experience structuring and negotiating short-term off‑take agreements for wholesale power and related products.
• Knowledge of North America power markets related commercial software/applications (e.g. YES Energy, Enverus, Genscape).
• Excellent Analytical Problem Solving and Strong Communication skills
• Proficient knowledge of Microsoft Office software, particularly Excel. Understanding of complementing products preferred (e.g. power BI).
• Ability to manage multiple projects under tight deadlines in fast paced environment.

Behavioral Requirements

• Curious and eager to learn, genuinely kind and optimistic, possess excellent attention to detail, and strong verbal & written communication skills.
• Ability to work in a collaborative environment where teamwork and independent work ethic are essential.
• Ability to organize time well, set priorities, and express ideas effectively and fluently.
• Excellent organizational skills including the ability to organize and maintain a fluid administrative process
• Statistical and analytical skills for evaluating supplier proposals and pricing
• Excellent written and verbal communication and presentation skills
• Prove ability to quickly learn new software programs
• Demonstrated efficiency in managing multi-disciplinary tasks
• Exemplary standards of integrity, honor, safety, management, ethics, quality, and productivity
• Exhibit behaviors consistent with strong leadership and accountability

Physical Demands and Working Conditions

• Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment.
• Reading: Ability to read and write English proficiently. Ability to interpret, deliver, and follow a variety of instructions furnished in written, verbal, diagram, or schedule form.
• Lifting: Ability to lift items weighing up to 10 pounds
• Vision/Hearing: Ability to interpret and follow a variety of instructions furnished in written, verbal, diagram, or schedule form.
• Speech: Ability to interpret, deliver, and follow a variety of instructions furnished in written, oral, diagram, or schedule form; fluent English verbal and written communication skills
• Safety: Ability to understand and communicate safety precautions when necessary

More than academic knowledge and technical skills, we are looking for ambitious people who are enthusiastic about the future and who bring human skills aligned with our purpose.

Equal opportunities for all

Our vision is that each person combines their unique characteristics and experiences to fulfill our mission of creating new energy for the planet. We are an inclusive employer, ensuring all candidates are treated fairly throughout the recruitment process. We welcome and value all people, and we are committed to fostering a sense of belonging for each person who is part of the EDP group.

As a top employer we:
Empower our employees through a positive and innovative work environment that promotes collaboration and agile decision-making;
Respect and value each person, providing a flexible, healthy, and inclusive workplace with a range of attractive benefits;
Provide a meaningful work experience and prepare our people for future challenges through different opportunities for development and internal mobility;

Our efforts have resulted in several distinctions over time, highlighting the EDP group's strong positioning and its dedication and commitment to attracting and retaining the best talent:
Top employer certification by Top Employers Institute
Part of the Bloomberg Gender-Equality Index
Global certification as a family‑responsible company by Fundación Másfamília
Top 100 Workplaces by Houston Chronicle