Calpine, a business unit of Constellation Energy Corporation (Nasdaq: CEG), is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. With 79 energy facilities in operation, Calpine’s fleet has the capacity to generate approximately 27,000 MW of electricity – enough to power approximately 27 million homes. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.
The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.
Job Summary (includes but is not limited to the following, other duties may be assigned)
The Commodity Data Analyst is primarily responsible for pricing, data management/analysis as well as regulatory & market coverage for retail RPS transactions in competitive markets. This position will interface with the commercial team on a broad range of key issues related to retail and wholesale commodity transactions, sales, reporting, regulatory changes, etc.
The Commodity Data Analyst is primarily responsible for managing the Renewable Energy Credit (REC) exposure arising from Champion Energy’s, North American Power’s, and Calpine Energy Solutions sale of retail power. They must have a strong understanding of all state-mandated Renewable Portfolio Standards. Furthermore, the position is responsible for accurately capturing/reporting net open positions and execution of wholesale hedges to manage positions within the Company’s compliance limits.
Job Responsibilities
- Enhance and maintain accurate RPS position reports for all of Calpine’s retail business units which automatically incorporate updated load obligations, provide for visibility into daily changes, and contain high-level summaries for management review
- Manage the physical flow and settlement of RPS, Voluntary RECs and Carbon Offsets.
- Work with Accounting and Settlements to reconcile RPS cost allocations between bundled and pass-through customers following annual compliance filings.
- Develop and maintain automated process of calculating monthly RPS pass-through rates for billing purposes.
- Assist with the development of appropriate business processes to manage Champion’s and North American Power’s Carbon Offset and voluntary REC obligations and wholesale positions, as we