market analysis sr. ManagerSN Aboitiz Power Group

The responsibilities associated with this position include but not limited to:
Manage and reviews the enhancement and development of relevant market models (Eg. Energy and Ancillary Services markets in Luzon, Visayas and, the Mindanao grid) in simulation tools for both fundamental and probabilistic models focusing on, among others:
Understanding the Hydro-thermal power plant optimization and maintaining updated plant parameters capturing all necessary operational constraints such as: ▪ Hydro plant configuration (unit capacity, efficiency, outage rates, inflow data, plant cascade modeling, etc.)
Reservoir operations constraints (elevation, volume & capacity curve, irrigation requirement, flood control, rule curve, and other operational constraints)
Thermal plant configuration (unit capacity, efficiency, outage rates, operation and maintenance costs, bidding behavior, deration);
Understanding the co-optimized market for energy and reserves with familiarization on the capability and behavior of the participants in both markets and, harmonizing the available tools with the local market operations' rules and regulations;
Incorporate generation capacity expansion with an assessment on likely commissioning schedule, bid behavior and availability profile.
Preparation of market models for expansion projects, greenfield development, mergers and acquisitions:
Project plant design modeling, optimization and sensitivity testing.
Capture and validate the demand profile in the required resolution (by area, region, etc.)
Understanding the transmission and interconnection constraints, with the most appropriate representation in the market models;
Other variables, trends and constraints that impact the expected movement in market prices.
Manage and reviews the tasks for probabilistic modeling for relevant markets as required.
Manage and reviews the regular back-testing and calibration of the market models, both fundamental and probabilistic models.
Manage and reviews regularly updated short to medium term market price forecasts, and the corresponding company revenue forecasts with in-depth understanding and extensive analyses covering the following fundamental areas using the necessary tools (fundamental and probabilistic models).
Manage and reviews long term market outlook reports inclusive of market price and asset revenue forecast covering energy, ancillary services, renewable energy and any other relevant market.
Manage and reviews the development and maintenance of methodologies and tools necessary for forecasting the major price drivers to be used as assumptions to forecast market prices.
Manage and reviews the financial projections for corporate strategic planning activities, project expansion valuations, refurbishment, refinancing activities and, mergers and acquisitions.
Ensure proper data handling and process documentation.
Provide strategic directions in the overall conduct and, ensure sustainability, and business continuity within market analysis consistent with the strategic directions of the company, and technical/technological trends in market analysis.
Provide leadership in the assessment of the energy market and power system modelling and analysis.
Plan, prepare and manage the Market Analysis team's operating budgets.
At least eight (8) years of substantial experience in the energy market with background in Engineering and/or Technical field, and experience in planning, forecasting and market analysis.
Market Analysis
Statistical and analytical skills
Corporate Planning / Financial Analysis
Well versed on Optimization, Market Simulation Tools, Forecasting models (SDDP/ PLEXOS/ Crystal Ball/ Monte Carlo simulations)
Capacity to secure information and good understanding on the following: Market structure, Hydroelectric power plant operations, Plant technological advancements and cost, Contracting, Policies, Rules and, Regulations (Including External Relations /Customer Orientation)
Wholesale Electricity Spot Market and Ancillary Services Operations
Computer literate, proficient in word processing, spreadsheet applications, and presentation/graphics tools.
Mid-Senior Level / Manager Accounting and Finance Oil / Energy / Solar / Greentech 1 opening Bachelor's degree graduate
WHO WE ARESN Aboitiz Power Group or SNAP is the collective name of the power generation arm (SN Aboitiz Power-Magat, Inc. and SN Aboitiz Power-Benguet, Inc.) and power retailing arm (SN Aboitiz Power-RES, Inc.) of the business. Through its power generating unit, SNAP develops and operates world-class renewable energy facilities in the Philippines; and by means of its power retailing arm, SNAP provides innovative energy solutions to its customers. It is a recipient of several local awards and citations for its safety records, community programs, stakeholder relations, and environmental campaigns. It has also received international recognition in the Asian region for privatization and project financing as well as for its plants' performance as independent power producers.With 641.5 MW of total capacity, SNAP harnesses the energy of flowing water to generate clean, renewable energy for its customers.WHAT WE DOMagat Hydro is one of the largest hydro facilities in Luzon, with a gross maximum capacity of 388 MW. It draws water from the Magat River through the multipurpose Magat Dam. Under the power restructuring law, the power facility was privatized in 2006. Following the successful bid of US$530 million, SNAP took over operations on April 26, 2007.The 8.5-MW Maris Hydro is the first power plant constructed by SNAP. Construction of the PHP2.5 billion run-of-river hydro plant took about two years-it broke ground in late 2015 and was completed in November 2017. Maris hydro utilizes water coming from Magat hydro.At its original capacity of 75 MW, Ambuklao Hydro was one of the first large hydroelectric power plants in the Philippines and is one of the oldest. In 2008, SNAP took over Ambuklao and the 100-MW Binga Plant after a winning bid of US$325 million under the privatization program. Ambuklao hydro re-operated in 2011 as a 105-MW power plant following its rehabilitation and upgrading.Binga Hydro was built in 1960 and lies 19 kilometers downstream of its sister facility, Ambuklao. It was bid out along with Ambuklao; but only the power components were privatized while the dams remain government-owned. Binga hydro underwent a refurbishment which began in 2010 and was completed in 2013. This increased the plant's capacity from 100-125 MW. It is now capable of generating 140 MW after further uprating.With the advent of open access in the Philippines, customers with a monthly average peak demand of 750kW and above can choose a Retail Electricity Supplier through the Open Access market. SNAP-RES was formed into the group for the Retail Electricity Market. SNAP-RES continues to serve the needs of Contestable Customers by focusing on the requirements of each industry and delivering innovative solutions for each customer profile since 2011.SN Aboitiz Power (SNAP) is a joint venture of Scatec and Aboitiz Power Corporation (AP). Scatec is a Norway-based leading renewable power producer that delivers affordable and clean energy worldwide. As a long-term player, Scatec develops, builds, owns, and operates solar, wind, and hydropower plants and storage solutions. On the other hand, Aboitiz Power Corporation is a wholly-owned subsidiary representing the consolidated electricity interests of the Aboitiz Group-one of the largest conglomerates in the Philippines focusing on the electricity, financial, and food sectors. Aboitiz has been involved in the Philippine electricity industry since the 1930s.
Kalibrr

Taguig City, Metro Manila
Permanent
Full-time