Renewable Trader on the Polish MArket
Posting date : 11/01/2024
Requisition ID : 18817
Renewables Trader
About US (GEMS):
ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.
ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.
3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.
Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.
Our 4 expertises:
• Asset management
• Energy transition services
• Energy supply & global commodities
• Risk management & market access
At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.
More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).
Context:
Welcome to the pulsating heart of ENGIE's Nort Western Europe power activities, where innovation meets energy revolution! 🌐 Our Power Cluster is the epicenter of power products origination, structuring, trading, and optimization covering a dazzling array of assets: from renewables, batteries, hydro, thermal assets to our downstream customers.
Picture this: Early 2016 marked the birth of the Energy Transition Services department (ETS) within GEM, igniting the ambition to "accelerate the energy transition through market solutions." Fast forward to today, and we are orchestrating a wind & solar portfolio that boasts a staggering 6 GW in NWE, of which 3,5 GW in Germany alone.
🔥 The newest sizzle in our lineup? Brace yourselves for the Storage evolution! 🌈 As we gear up to manage the group’s first first colossal battery (200MW) in Belgium starting mid-2025, the Power Cluster teams are set to conquer uncharted territories of electrifying challenges. The RES/BESS Trading desk is managing risk from renewable and BESS assets in 5 countries: Germany, Belgium, Netherlands, France and we are now expanding to Poland.
At RES/BESS Trading, we currently oversee a substantial wind and solar portfolio, generating 12 terawatt-hours across Belgium, the Netherlands, Germany, and France, encompassing both power and guarantees of origin. As part of our strategic growth, we are now actively seeking to extend our presence into the dynamic market of Poland.
We firmly believe that a dedicated emphasis on renewable energy presents a unique opportunity for individuals to elevate their trading proficiency and contribute significantly to the prosperous expansion of our renewables portfolio. Joining our team means immersing yourself in a lean startup-style working environment, where you can leverage your skills to foster growth and innovation. This role offers the chance to amplify your professional network and gain valuable insights through active participation in pricing various types of prospective renewables Power Purchase Agreement (PPA) contracts.
In this exciting phase of expansion, we are looking to welcome one new trader to spearhead our activities in Poland. The chosen candidate will be based in Brussels, positioning themselves at the forefront of our strategic initiatives. This is a remarkable opportunity to be a key player in the development of a thriving renewables market and contribute to the success of our global enterprise.
Role:
As Renewables Trader in the RES Trading team we expect you to:
- be able to perform pricing, develop/improve models and adapt hedging strategies for the Polish renewables market
- assist in developing and monitoring performance measures which will be instrumental to the expansion of our portfolio (cooperating with pricing, origination),
- be Pnl driven, and respectful of your risk mandate,
- be an excellent team player, within your own team and across others (Short term trading, pricing, origination, structuring, quants, IS, GMA…),
- show a continuous drive to uncover profitable trading & hedging strategies ,
- manage short term trading strategies across CWE markets (Day Ahead, Intraday, Curtailments),
- assist in developing flexibility solutions to manage the intermittency of the portfolio in a cost-effective manner.
Hard skills:
- Analytical and quantitative skills, combined with a hands-on approach,
- Good knowledge of the Polish renewables power market,
- Good knowledge of office tools as Excel as well as interest,
- Strong understanding of information management tool and trading systems,
- The capability and/or interest in code languages (Python etc),
- A good understanding of accounting mechanisms (both industrial and trading), of market finance (hedging, derivatives, etc), of the power business and associated trading strategies are required,
- The use of trading transaction systems will also be required.
Soft skills:
- Assertive, inquisitive and stress resistant,
- You also have a high level of integrity,
- Well organized and pro-active,
- Able to perform during specific reporting cycles with tight deadlines,
- You are eager to learn, tenacious, with a strong business drive,
- A real team player able to transfer your knowledge, and able to coordinate the inputs/actions of various units.
Education and professional background:
You have at least 2 years experiences in managing a renewables portfolio.
Languages:
You are fluent in Polish and English.
Other languages are a plus.
If you meet these requirements, then you are the talent we are looking for. Do not waste time!
Apply by attaching your updated CV, regardless your gender.
ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals.
All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you.
About ENGIE:
Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.