Physical Markets Lead

Posted:
7/31/2024, 5:00:00 PM

Location(s):
Melbourne, Victoria, Australia ⋅ Victoria, Australia

Experience Level(s):
Senior

Field(s):
Operations & Logistics

ACCIONA Energía is the biggest 100% renewable energy company with no fossil legacy in the world. With more than 30 years of experience and operations in 20 countries on five continents, ACCIONA Energía offers a wide portfolio of tailored energy solutions so that its corporate and institutional clients can meet their decarbonisation goals. This includes the development, engineering, construction, operation and maintenance of renewable power plants -mainly wind and photovoltaic technologies-, energy sales and management and marketing, energy services, self-consumption, electric mobility and new technologies such as storage and green hydrogen. ACCIONA Energía is governed by the most demanding environmental, social and corporate governance (ESG) criteria.

This role focuses on leading the market interactions and market activities of ACCIONA‘s Australia generation portfolio, including interactions across various functional areas of the business.

Job Description

Portfolio Lead and SME:

  • Lead daily spot market activities, collaborating with the Operations Department and Control Room.
  • Develop and enhance operational functions, guiding and mentoring the Physical Markets team.  
  • Set and report on annual portfolio objectives.

Market Operations:

  • Manage the market interface for ACCIONA Energia‘s generation portfolio, optimising merchant revenue.
  • Serve as the key contact between site staff, Operations Department, the Australian Control Room, and operational staff in Spain.
  • Integrate operational activities, including windfarm scheduling and market oversight.
  • Establish and review bidding strategies, dispatch protocols, and risk management practices.
  • Report on market performance and ensure compliance with market rules and regulations.
  • Monitor market conditions, including wholesale prices and FCAS.

Market Analysis:

  • Communicate and report on market conditions to senior management.
  • Inform long-term hedging strategies and review portfolio strategies.

Required Skills and Competencies

  • Experience in the National Electricity Market, especially in market operations and short-term trading.
  • Tertiary qualifications in commerce, economics, finance, or engineering preferred.
  • Demonstrated commercial acumen and strategic thinking.
  • Ability to be a subject matter expert and use your knowledge to enhance the team's capabilities
  • Strong analytical and communication skills.

As a company that values diversity as a source of talent, we work to foster an inclusive environment that promotes respect, belonging and engagement so that all people can participate on an equal opportunity basis. We invite everyone to apply regardless of origin, circumstances, background or condition.