Energy Manager / Real Time Trader

ABOUT US:
Established in October 2019, Atura Power operates the largest, most efficient gas-fired fleet in Ontario. It represents 10% of Ontario's total dispatchable fleet and is 100% contracted with Ontario's Independent Electricity System Operator (IESO), with 2,744 megawatts of capacity. Atura Power uses modern technology to utilize natural gas as efficiently as possible, emitting up to 60% less carbon and fewer air pollutants compared to other fossil fuels. It plays a key role in Ontarios electricity system and diverse generation supply.
Atura Power is a wholly owned subsidiary of Ontario Power Generation, with 200 employees across Ontario. It currently operates four efficient, modern natural gas generating stations in Ontario.

POSITION:
Energy Manager/Real Time Trader (Electricity & Gas Markets)

MAIN DUTIES AND RESPONSIBILITIES:
Reporting to the Commercial Manager, the Energy Manager/Real Time Trader (Electricity & Gas Markets) is accountable for executing the commercial strategy in real-time with respect to both electricity and gas market aspects of the Atura Power fleet in accordance with approved policies, budgets and business plans.
Duties will include:
Offering of available generating capacity into the IESO market, subject to plant operating and dispatch constraints and market conditions, interacting closely with operating and maintenance staff;
Purchase and sale of large quantities of natural gas to fuel the facilities;
Managing the delivery and balancing of natural gas supply using a suite of available transportation, distribution, storage, and balancing services;
Working closely with plant operations and maintenance departments on all aspects of commercial operations and on coordination of dispatch activity;
Providing real-time market analysis to assist in the development of daily and longer-term asset optimization strategies;
Ensuring full compliance with IESO market rules, regulatory requirements, and risk policies;
Interfacing with IESO to manage market rules and regulatory compliance, settlements verification and participation in IESO stakeholder events;
Maintaining daily logs to ensure gas and power commercial activities in relation to IESO contract obligations and the electricity market are documented and correct; and
Participating in and supporting various projects to facilitate commercial operations including spreadsheet and software tool development and performing analysis.

TERMS OF EMPLOYMENT:
Permanent/Full-time

LANGUAGE OF WORK:
English

WAGE:
CAD 104,600 to CAD 110,000 per year based on 40 hours/ week. Eligibility for annual salary increase and performance-based bonus.

BENEFITS:
Full health, dental, emergency medical, short-term and long-term disability, life insurance, healthcare spending account, employee assistance program, RRSP contributions, defined benefit pension options.

LOCATION(S) OF WORK:
470 Unwin Ave, Toronto, ON M4M 3B9

EDUCATION:
Bachelors degree in Mathematics, Finance or Engineering

EXPERIENCE & OTHER REQUIREMENTS:
Minimum two years of experience in gas and power markets;
Familiarity with energy trading systems or platforms (ISO systems, Enerline, ICE);
Understanding of the Ontario Electricity Market administered by the IESO, from the perspective of a power generator, including:
o Market participation through offering, scheduling, and dispatch
o IESO market rules
o Settlements of IESO market and contract revenues and production
Understanding of the natural gas market in Ontario, from the perspective of gas fired generators, including:
o Purchase and sale of large quantities of natural gas on a daily basis, including deal capture and settlements with NGX and gas suppliers;
o Scheduling and nomination of gas into and out of storage and balancing accounts to manage supply and consumption
Experience as a global trader with expertise in commodity and power markets serving major consumption regions;
Proficiency in Microsoft Excel for data management and software tools to support commercial activities (VBA, SQL).

Atura Power strives to embody the values of respect, collaboration, and diversity, and has a strong commitment to employment equity. The diversity of our workforce is at the core of our innovation and creativity. Atura Power, seeks qualified candidates who share our commitment to equity, diversity and inclusion. While all qualified candidates are invited to apply, we particularly welcome applications from women, persons with disabilities, First Nations, Mtis and Inuit peoples, members of visible minorities, and LGBTQ2S+ persons.

Atura Power welcomes and encourages applications from persons with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please message Human Resources throughwww.aturapower.com/contact-us/