Power Origination Consultant - Represent Company in solicitations and negotiations with outside counterparties in the long-term procurement of conventional, renewable and energy storage resources.
What your day would be like:
- Responsible for developing RFPs (Requests for Proposals) and executing successful contractual agreements either through purchase power agreements or equity ownership.
- Effectively coordinate with internal Company departments to ensure that all facets of the Company's interests are reflected in the executed agreements.
- Protect the Company's rights and minimize exposure to unique liabilities, finance risks, and potential legal actions through the development and implementation of RFP parameters, custom contract provisions, and regulatory strategy.
- Monitor generating resource developments to ensure that project milestones during construction follow contract parameters and implement effective solutions for underperformance.
- Effectively manage contractual arrangements for remedial generating resource performance once commercial status is obtained.
Minimum Requirements:
Bachelor's degree in Business, Engineering or related discipline with a minimum of (3) three years' experience in commercial wholesale power negotiations, power marketing & trading, power contracts environment, an area of regulatory interface or an equivalent combination of education and related experience.
Must have an in-depth knowledge of wholesale power contracting and credit and risk management principles that relate to the electric utility wholesale business, including federal and state regulatory policies, as well as a working knowledge of both renewable and conventional power plant technologies.
Preferred Special Skills, Knowledge or Qualifications:
- Demonstrated ability in the areas of negotiation and contract development, business law principles, project management, and economic and financial analysis techniques.
- Excellent interpersonal, negotiating, and communication skills essential.
- An understanding of Company power system operations, organization, and resource planning functions as well as knowledge of commodity trading, trading tools, and wholesale market indices preferred.
Major Accountabilities
- Develops and implements strategies for conventional, renewable and energy storage solicitation & procurement to achieve long term power supply objectives of the company.
- Negotiates under the direction of Resource Acquisition management with outside counterparties for purchase power agreements (PPA), energy supply agreements, equity ownership agreements, demand response programs or other power procurement related contracts.
- Coordinates with internal stakeholders such as Marketing and Trading, Resource Planning, Generation, Regulatory, Legal, Credit and Accounting to obtain input and functional requirements to ensure that both solicitations and negotiations are effective.
- Participates in standard and non-standard negotiations, contract dispute and issue resolution.
- Manages and mitigates Company exposure to liabilities through proper planning of solicitations gained through diligent market intelligence from the wholesale market as well as consideration of sensitivities in planning scenarios.
- Develops and implements solutions to resolve contractual issues and problems with counterparties, internal and external customers, and staff.
- Monitoring and reports contract status, contract milestone achievement, and performance results.
- Develops effective recommendations to improve contract performance, contract management, and the contracting and negotiation process.
Export Compliance / EEO Statement
This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.
Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.
For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).
Arizona Public Service is a smoke-free workplace.
Hybrid Role: This position combines working in the office and at home, based on the needs of the business. The schedule will be determined with the hired employee and leadership, but the ultimate decision is the company's.
Job Segment: Power Plant Operator, Power Plant, Nuclear, Power Systems, Energy
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