The Woodlands, TX

Position has overall PNL responsibility for ERCOT and ISO-NE power plants. Position is responsible for maximizing the profitability of power generation assets located in Texas and New England by evaluating operations, developing strategic plans and executing short- and long-term objectives.

 

Responsibilities:

  • Strategy: Set the asset strategy to optimize and commercialize the market position of gas-fired power plants.
  • Financial Management: Develop and implement strategic plan, forecasting, reporting and KPIs. Involved with managing the power plants, PnL and budget in compliance with finance arrangements/debt covenants.
  • Plant Operations: Oversees plant operations including O&M contractors and other contractual arrangements. Develop operating and capital budgets for plants.
  • Fuel Procurement: Responsible for fuel procurement and transportation supply chain including contracts and business relationships.
  • Commercial Operations: Coordinates with Commercial Operations (Trading & Marketing) on asset bidding, optimization strategies and hedges.
  • Compliance/Regulatory: Ensure compliance with regulatory standards. Monitor regulatory changes to determine impact to the power plants. Participate in regulatory affairs.
  • Other: Implement projects improve overall operational efficiency at the power plants and overall business profitability.
  • Cross-Functional Collaboration: Regular communication with key stakeholders including Executive Management, Asset Management, Plant Operations, Commercial Operations, Finance and Accounting to drive results.

 

Educational and professional requirements include:

  • Bachelor’s degree in Business or Engineering or related field;
  • Strong understanding of business aspects surrounding power generation;
    10-15+ years’ experience in asset management and/or operations and maintenance of large fossil-fueled power plants (gas-fired preferred);
  • Strong leadership and communication skills; and a good understanding of the ERCOT and ISO-NE markets;
  • Asset Management experience with other ISO markets will be considered.

 

Submit resumes to chynes@salthillgroup.com.