Company Profile:
Repsol is a globally integrated multi-energy company headquartered in Madrid, Spain. With a team of 25,000 employees across more than 20 countries, we proudly serve 24 million customers worldwide. Our diversified renewable energy portfolio totals nearly 3,700 MW of installed capacity, with a strong presence in Spain, the United States, and Chile.
As part of our commitment to a more sustainable future, low-emissions generation is at the core of our strategy to achieve net-zero emissions by 2050. Repsol Renewables North America (RRSNA) plays a key role in this vision, with aims to increase generation capacity to between 9,000 MW and 10,000 MW by 2027.
We are driven by innovation, collaboration, and purpose. Repsol offers a comprehensive Employee Value Proposition (EVP), including a holistic Total Rewards program that supports the wellbeing, growth, and contributions of our people. Join us in shaping the future of energy.
Job Summary
The Power Market Associate/Sr. Associate will support Repsol’s short-term portfolio for ERCOT and future ISOs/RTOs markets, load forecasts, protocols for daily position reporting and management. Supports the hedging and optimization of Repsol’s portfolio in ERCOT and other ISOs/RTOs. Supports and improves the “top-down” forecasting methodology, risk strategy through scenario analysis, and valuing associated hedges to deliver design margin on the renewable’s portfolio. Supports Repsol’s operating portfolio with scheduling and dispatching activities inside ISOs/RTOs (mainly ERCOT).
The position is based in Downtown Houston with a hybrid work model of 3 days in the office and 2 days from home.
Responsibilities:
- Supports the analysis of the ERCOT wholesale market, as well as other ISOs/RTOs.
- Supports the energy sale strategy in the ERCOT wholesale market for both the Day-Ahead Market and the Real-Time Market.
- Supports the scheduling and dispatching of the assets in operation in ERCOT, as well as other ISOs/RTOs at which Repsol may have assets in operation in the future.
- Constantly develops the skill and knowledge of ERCOT procedures and business functions related to the CRR program and other ERCOT operations.
- With guidance from senior team members and/or management, executes the acquisition of CRRs thru auctions and trades.
- Generates and maintains market reports per requests and internal processes.
- Analyzes and creates new solutions for data acquisition and reporting.
- Supports the reporting procedures on market fundamentals, portfolio positions, profit & loss, and gross margin impact for Senior Management and other areas of the company
- With guidance from senior team members and/or management, assists in addressing questions from the rest of the areas of the company pertaining to the daily and real-time markets, grid operations activities, and CRR processes.
- Escalates issues to the Supervisor and/or Manager in a timely manner when necessary.
- Develops strong working relationships with other internal departments and external service providers.
- Supports the testing and validation changes to the applications used by the team to perform energy sale in the different markets and CRR auction activity.
- Performs analysis and programming thru different tools when needed (Excel, Visual Basic, Matlab/R/Python).
- Rotational weekend shifts (1-2 hours)
Qualifications:
- Must have legal authorization to work in the USA on a full-time basis, for anyone other than current employer.
- Bachelor’s degree in engineering, business or other relevant field of study required.
- 2-5 years previous experience in Market Operations, Power Scheduling/Dispatching, and/or Trading in ERCOT power markets and/or other ISOs/RTOs.
- Must be self-motivated and be capable of setting and executing strategy to accomplish given goals.
- Works independently and escalates issues to the Supervisor and/or Manager in a timely manner when necessary.
- Develops strong working relationships with other internal departments.
Repsol is an Equal Opportunity Employer M/F/Disability/Veteran
Required skills:
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What We Do
At Repsol, we are at the forefront of the energy sector to build the future of energy with innovation and sustainability. We are a strong multienergy company that creates value in an integrated, diversified, and sustainable way to promote progress in society. We leverage our past experience to be present in the future of energy. Our global presence ensures the diversity that characterizes us as seen in our multicultural and multidisciplinary team that as of today comprises more than 25,000 people representing 77 nationalities who work across 27 countries. If you would like to learn more about us and join the Repsol team, go to the “Life” section
