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Senior Power Market Analyst Resume Example

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SENIOR POWER MARKET ANALYST
Profile

Dependable and self-motivated energy professional with leadership qualities and over 7 years of experience providing analysis in highly commercial environments.

Skills
  • Fundamental Analysis
  • Power Modeling
  • Energy Trading
  • Project Management
  • MS SQL Server 2008
  • Microsoft Visual Basic
  • Presenting
  • Data Mining
Accomplishments

Research

  • Conducted transmission and congestion analysis to identify and basis trading opportunity in the Midwest power market. Presented to senior trader, which was later executed and led to $350K gain.
  • Teamed with fundamentals to develop and support a theory that coal-to-gas switching could persist during summer conditions by analyzing EPA CEMS data and presenting to upper-level management, which led to commercial decisions helping earn several million dollars for the organization.
Professional Experience
Senior Power Market Analyst 06/2011 to Current Direct Energy, Inc. Houston, TX
  • Builds and maintains electricity price forecasting model for zones and hubs in the PJM Market.
  • Prices incoming portfolio and live pricing deals. Acts as liaison between traders and portfolio managers to negotiate and secure long-term power contracts.
  • Built reports and processes from scratch, including working with IS to scrape from raw data sources, translating into automated tools that pull from databases into informative charts/tables, disseminating the information into knowledge with bullish/bearish indicators, and ultimately constructing market intelligence to make buy/sell recommendations in the spot and forward markets to traders and hedgers.
  • Demonstrates expertise by performing daily and ad-hoc research and case studies to determine fundamental value and seeking trading opportunities in the various power markets (PJM, NEPOOL, NYISO, MISO, ERCOT)
  • Conducts heat rate/spark spread analysis in the northeast gas markets due to Marcellus shale production, gas transmission projects, and LNG deliveries. Interprets market impacts on long-term NEPOOL/NYISO markets.
  • Monthly FTR auction path analysis in PJM. Annual ARR auction analysis in PJM and MISO. Ad-hoc nodal analysis to support prospective tolling agreements and origination/structuring deals.
  • Declared the Project Manager of the DE Market Fundamentals SharePoint site. Initiated the team's migration of reporting to a centralized location and improved communication across the Supply & Trading division.
  • Member of the Fundamentals Team's monthly round table meetings to discuss wider-scale developments across the commodities markets, led by the Director of Fundamentals. Results drive a bi-weekly report that is delivered to high-level executives, heads of trading desks and Corporate Strategy.
  • Nominated for Direct Energy's Positively Charged Award for demonstrating one of the core behaviors, "Being Direct."
PJM Senior Analyst - Operations Team Lead 07/2008 to 06/2011 Genscape, Inc. / EnvaPower, Inc. Boston, MA
  • Directed operations of the PJM Regional Market Intelligence Service, generating $2.5M in revenues annually. Managed a team of 4 market analysts.
  • Discussed and executed strategy with Product Director of Intelligence, VP of Product Development, US Sales Directors, and 4 other team leads.
  • Improved electricity price forecasting accuracy via recalibration and model testing.
  • Led initiative to expand the market knowledge base on the team by educating about various research topics including long-term projects, generation starts and retirements, natural gas fundamentals, the regulatory environment, and market integration.
  • Publish daily reports providing a literary market driver summary regarding the DAM assumptions, risks and assumptions for generation, transmission/congestion, and tie flows.
  • Designed various analysis tools using MS Excel and VBA to increase analysis capabilities for the PJM team (transmission grid updates, congestion MCC analysis by zone and interface, built PJM-specific in-house weekly generation report).
  • Operated all necessary functions to forecast PJM West Hub On-Peak LMP using supply-stack model for range of Bal Day, Next Day, Bal Week, Next Week.
  • Incorporated upgrades and improvements to maintain updates to market changes.
  • Recalibrated model to settled LMP, research fundamental reasoning for real-time congestion, analyzed line outage changes and track plant's MW output and movements against the day-ahead and real-time LMPs.
  • Develop and utilize procedure for analyzing congestion risks, using historical congestion data, reading day-ahead binding limits, observing case flows on Power World Viewer, and working with in-house outage scraper tools, contingency analysis, and aggregating findings into generation/transmission/demand drivers for reports.
Custody Fund Accountant 07/2007 to 07/2008 State Street Bank & Trust Boston, MA
  • Managed and accurately priced short-term treasuries, commercial paper, and Asian equity portfolios.
  • Utilized Bloomberg pricing data and recorded cash flows, incomes and distributions to estimate daily NAVs of mutual funds.
  • Designed VBA modules to expedite repetitive tasks and created an Excel-based tool to calculate estimated average lot costs in USD for foreign stock.
Business Development Intern 10/2006 to 03/2007 Waste Management, Inc. Hampton, NH
  • Composed executive summary reports for renewables and alternative energy, including wind, combustible waste-to-energy, ethanol, and biobutanol.
  • Data mined and compared population flux data in major metropolitan regions to recommend pilot site for prospective new venture.
Personal Market Sales Intern 06/2006 to 07/2006 Liberty Mutual Group Portsmouth, NH
  • Coordinated and organized marketing efforts for sales representatives in Seacoast NH region.
  • Assisted in lead generation activities and visited prospective clients.
Project Analyst 01/2006 to 05/2006 Infometrica Durham, NH
  • Research and accumulated monthly gross state product (GSP) data for US states.
  • Worked under tutelage of Professor to calculate an estimator for monthly GSP figures of states that were not publicly available.
  • Tracked and maintained monthly Institute of Supply Management (ISM) report indicator changes to generate a component of the monthly GSP estimate.
Franchise Manager 01/2003 to 01/2005 College Pro Painters Derry, NH
  • Managed exterior residential painting franchises from lead development through project completion.
  • Hired and trained 30 employees to efficiently produce professional painting jobs.
  • Completed 114+ paint jobs with career sales exceeding $350K over 3 year period.
  • Achieved customer satisfaction rating of 95%.
  • Earned nominations for Manager of the Year & Developer of the Year. Ranked in top 25 of 500 managers nationwide.
Education and Training
MBA: Finance June 2007 Whittemore School of Business & Economics, University of New Hampshire Durham, NH, USA
  • 3.98 GPA. Advanced coursework in Investments Analysis, Corporate Financial Policy, and Strategic Management.
  • Conducted independent research of alternative investments for portfolio diversification for Chair of Finance.
  • Performed first-hand market research and analysis of market entry for patented technology owned by Engineering professor. Presented business proposition to panels of investors at the I2P Global Business Competition in Austin, TX.
Bachelor of Science: Economics June 2006 Whittemore School of Business & Economics, University of New Hampshire Durham, NH, USA
  • Minor in Business Administration.
  • Teacher's Assistant for Microeconomics course. Led review sessions, graded papers, and provided one-on-one assistance.
  • Tutor for Macroeconomics course. Met students weekly and guided them through assigned readings and cases.
  • Sector Leader of Atkins Investment Group, a University-sponsored equity management group.
Economics Fall 2004 Cornivus University of Budapest Budapest, Hungary
  • UNH Study Abroad Program
Affiliations

Houston SharePoint User Group (HSPUG)

Skills

MS Office 2010 (Word, Excel, PowerPoint, OneNote, Access), MS SharePoint Server 2010, MS SQL Server 2008, Visual Basic, HTML, XML, Adobe Acrobat, Eviews, PowerWorld Simulator, AuroraXMP Simulator, Ventyx Energy Velocity, YES Energy, SNLxl, LIM, Morningstar

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Resume Overview

Companies Worked For:

  • Direct Energy, Inc.
  • Genscape, Inc. / EnvaPower, Inc.
  • State Street Bank & Trust
  • Waste Management, Inc.
  • Liberty Mutual Group
  • Infometrica
  • College Pro Painters

School Attended

  • Whittemore School of Business & Economics, University of New Hampshire
  • Cornivus University of Budapest

Job Titles Held:

  • Senior Power Market Analyst
  • PJM Senior Analyst - Operations Team Lead
  • Custody Fund Accountant
  • Business Development Intern
  • Personal Market Sales Intern
  • Project Analyst
  • Franchise Manager

Degrees

  • MBA : Finance June 2007
    Bachelor of Science : Economics June 2006
    Economics Fall 2004

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