Job DescriptionResponsible for managing a group of professionals responsible for short term, day-ahead and real-time electricity, natural gas, and other energy-related products within defined organized market areas and bilateral market areas. Also responsible for ensuring reliable and adequate power supply while optimizing cost on electric power supply delivery to serve Tri-State Member Systems load and for operating in a close team atmosphere across many groups, both internal and external to Tri-State.
Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes:Medical Insurance, Dental Insurance, Vision Insurance Health Savings Account (HSA), Flexible Spending Accounts (FSA), Tuition Reimbursement, Flexible Work Schedules including compressed work week and telecommuting opportunities to work remotely up to 50%, Life Insurance, 401K, Long Term Disability (LTD), Short Term Disability (STD), Employee Assistant Program (EAP) and Paid Leave Benefits.
Energy Markets ManagerHiring Salary Range: $131,000-$170,000
Actual compensation offer to candidate may vary outside of the posted hiring salary range based upon work experience, education, and/or skill level.
Responsibilities - Provide management, supervision and leadership to staff within the Energy Markets group primarily responsible for term, day-ahead, pre-schedule, and day-to-day 24-hour-a-day/7-day-week load/resource balance on an hourly and real-time basis, utilizing available markets for optimizing Tri-State resources to meet all customer load requirements in the most economic and reliable manner possible.
- Responsible for department execution of Tri-State business strategies related to short-term load forecasting, resource, and contract management, optimizing energy management operations across multiple electric market structures and Balancing Authority Areas.
- Responsible for short-term transaction negotiation, execution (including hedge execution), scheduling, and management of approved electricity products, transmission and ancillary service products, TCRs and ARRs, natural gas supply and transportation products, and environmental-based products within the bounds of business strategy and risk management goals and objectives.
- Responsible for providing subject matter expertise to their team, offering guidance on market trends and trading strategies, and offering mentorship and oversight to support the development and success of junior team members.
- Responsible for Energy Markets emergency evacuation plan to ensure the continued operation of service in the event primary marketing room becomes inoperable or needs to be evacuated.
- Responsible for the economic dispatch of Tri-State generation fleet, taking into consideration operating constraints such as fuel, emissions and greenhouse gas limits, along with the coordination of planned and economic outages with plant management.
- Assure that all power and gas related contracts are administered within contract requirements, including reserve sharing group obligations.
- Foster relationships with energy industry peers and seek out strategic partnerships for optimizing company assets.
- Negotiate terms and conditions of Western System Power Pool (WSPP), North American Energy Standards Board (NAESB) and International Swaps and Derivatives Association (ISDA) agreements to be executed with new approved counterparties.
- Work closely with Energy Resources group in support of long-term purchases and sales opportunities and execution of renewable energy credit transactions and develop and maintain consistency between short-term and long-term resource production modeling software.
- Represent Tri-State at various industry committees, as assigned.
- Leadership Accountabilities:
- Enterprise Focus and Leadership: Understands and embraces the tenants of the annual Business Plan, and ensures adherence to enterprise vision, mission, values, strategies, goal, objectives and priorities. Establishes clear focus and direction for direct reports and program areas. Effectively leads through change and adversity and demonstrates the ability to successfully resolve issues as they arise. Participates in key substantive discussions and supports decisions. Establishes a positive and supportive environment for employees.
- Member System Focus: Continually supports Tri-State's Mission and identifies opportunities to serve Member Systems more effectively. Is a champion of the cooperative business model and embraces the Cooperative Principles.
- Managerial Responsibilities:
- Ensure 100% compliance with all laws, rules, regulations, and requirements in functional areas. Ensures that established business processes are captured and maintained as part of Tri-State's Policies, Programs and Procedures (PP&P) strategy.
- Ensures that training and development needs for each employee have been identified and that adequate learning opportunities are provided. Ensures that employees provide coaching and mentoring opportunities as appropriate.
- Ensures that team and individual employee execution is evaluated against established goals and objectives for all accountabilities. Ensures that delegated functions effectively forecast work and resource needs, including human, capital and physical resources, and recommends annual budgets to meet goals and objectives aligned to support enterprise strategies, goals and objectives. Actively monitors performance against budget, identifies variances, and back cast against forecasts to identify and learn from error.
- Maintain compliance with all company policies and procedures and attain knowledge and remain knowledgeable of regulations, laws, standards, and best practices applicable to functional area.
- Because Tri-State has an obligation to provide continuous, reliable service to its customers, the ability to work overtime at any time of the day or week is considered an essential function of the job.
OTHER DUTIES/RESPONSIBILITIES: - Perform other related duties as assigned, contributing to Tri-State's mission of providing reliable, affordable, and responsible electricity.
- Must complete required Learning Management System (LMS) coursework as assigned, particularly Standards of Conduct (SOC) and Critical Infrastructure Protection (CIP).
- Must read, agree and execute acknowledgement of Tri-State's Risk Management Program and Energy Markets Code of Conduct along with adhering to other applicable policies, programs, guidelines or procedures that ensure compliance.
QualificationsEducation and Training:
- BA/BS degree in Engineering, Business, Economics, Finance, Marketing or related discipline or an equivalent combination of experience and/or education.
Knowledge, Skills, and Ability:
- Excellent communication and interpersonal skills, with the ability to serve as a liaison between multiple departments and external stakeholders.
- Proven experience in leading, managing, and supervising complex projects within cross-functional teams.
- Advanced knowledge of regional electric markets and transmission systems, including organized markets and bilateral markets, natural gas markets, renewable energy credits and risk management.
- Ability to communicate effectively, both verbally and written.
- Ability to establish and maintain effective working relationships.
- Working knowledge of government regulations as they pertain to energy marketing, scheduling and interconnected transmission system reliability.
- Working knowledge of power resource and transmission operations and its effect on the market.
- Working knowledge of natural gas transportation scheduling and nomination processes.
- Must be able demonstrate that he/she can perform all essential functions of the position.
Experience
- A minimum of ten (10) years of related progressive experience with an electric utility, with experience in the Marketing Operations area, and prior SPP IM, California ISO or other full ISO / RTO market experience required.
Other:
- Willingness to travel for training and meetings.
- Willingness to be on call.
About UsTri-State is a wholesale power supply cooperative, operating on a not-for-profit basis, with 44 members, including 41 utility electric distribution cooperative and public power district members in four states: Colorado, Nebraska, New Mexico and Wyoming. Together with its members, Tri-State delivers reliable, affordable and responsible power and energy services to more than a million electricity consumers across nearly 200,000 square miles of the West.
Tri-State was founded in 1952 by its member systems to provide a reliable, cost-based supply of electricity. Headquartered in Westminster, Colo., approximately 1,200 people are employed by Tri-State across five states.
Tri-State's electricity is generated from coal, natural gas and hydropower, with a rapidly increasing supply generated from wind and solar. Tri-State delivers power to its members through a transmission system that includes substation facilities, telecommunications sites and over 5,700 miles of high voltage transmission lines. Tri-State's transformative Responsible Energy Plan is reducing emissions, increasing renewable resources, developing new energy services and delivering more flexibility for its members.
