Power Market Associate/Sr Associate-1

Reposted 3 Days Ago
Be an Early Applicant
Houston, TX
In-Office
Mid level
Energy
The Role
The Power Market Associate will support Repsol's portfolio in ERCOT and other ISOs/RTOs, assisting with scheduling, hedging strategies, and reporting procedures.
Summary Generated by Built In
At Repsol, we are committed to equality and do not request personal information.
We believe that diversity contributes to innovative ideas and provides added value that enables us to benefit from mutual learning and perform our best work. Here, what counts is your experience and your ability to create value. We offer you the opportunity to grow professionally, develop your career with challenging projects and collaborate with talented people worldwide. As a company committed to diversity and inclusion, we encourage all professionals who meet the job description requirements to apply.

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.

The position is based in Downtown Houston with a hybrid work model of 3 days in the office and 2 days from home.

Responsibilities:

  • Support Repsol’s operating portfolio with scheduling and dispatching activities inside ISOs/RTOs (mainly ERCOT).
  • Team up to design creative hedging and optimization strategies for Repsol’s portfolio in ERCOT Day-Ahead and Real-Time markets, as well as in other ISOs/RTOs.
  • Execute the acquisition of Congestion Revenue Rights (CRRs) thru auctions and trades.
  • Own the reporting procedures on market fundamentals, portfolio positions, profit & loss, and gross margin impact for Senior Management and other areas of the company.
  • Constantly develop the skill and knowledge of ERCOT procedures and business functions related to the CRR program and other ERCOT operations.
  • Analyze and create new solutions for data acquisition and reporting.
  • Develop strong working relationships with other internal departments and external service providers.
  • Perform analysis and programming thru different tools (Excel, Visual Basic, Matlab/R/Python).

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 quantitative fields like Economics, Math, Finance, Engineering or Computer Science.
  • 2-4 years previous experience in the North America Power markets, operations, or scheduling/dispatching.
  • Must be self-motivated and be capable of setting and executing strategy to accomplish given goals.
  • The ability to juggle multiple projects and stay organized without heavy oversight.

Repsol is an Equal Opportunity Employer M/F/Disability/Veteran

Required skills:

Top Skills

Excel
Matlab
Python
R
Visual Basic
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The Company
24,321 Employees

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

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