Supervisor- Electric Energy Procurement
1 Month ago
Cranston, Rhode Island, United States
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Job Description
PPL Corporation is seeking a Supervisor for Electric Energy Procurement in Cranston, RI. This hybrid role requires 3 days on-site and involves leading the procurement of wholesale electric supply, supporting clean energy programs, and conducting market analysis. Responsibilities include managing energy plans, executing auctions, and overseeing supplier communications. The position aims to align with Rhode Island's clean energy initiatives while ensuring reliability and affordability for customers.
Company Summary StatementAs one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our share owners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net‑zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.OverviewNOTE: This is a hybrid role requiring 3 days on-site at our local office in: Providence, RI #LI-Hy #INDPPL #RIELeads the Rhode Island Energy's (RIE) electric energy procurement processes to ensure attainment of Company business goals and objectives associated with the procurement of wholesale electric supply and related services, as the Last Resort Service Provider for customers. Further, this role may support the RIE long-term clean energy programs, supporting the attainment of Rhode Island clean energy and climate change initiatives. Functional area s include development of Rhode Island Energy's Last Resort Service Plan, Long-Term Clean Energy Standards (including Renewable Energy Growth Program), and Renewable Energy Standard, including but not limited to any associated market and procurement analysis necessary to develop and execute such plans in accordance with state, federal, and ISO laws, regulations, and standards.ResponsibilitiesLeads energy plans development and execution for RIE’s generation service supply, including conducting wholesale energy and renewable energy credit (REC) auctions, RFP development and implementation, supplier management and communications, offering expert testimony through legal proceedings, and managing.Support energy market analysis, focusing on the impact and opportunities surrounding various procurement strategies, forecasting the state of wholesale market prices, and forecasting and completing sensitivities of prospective energy auction results. This includes providing guidance and recommendations to leadership and communicating direction upward and downward within the organization as well as to external stakeholders.Develop, implement, and administer wholesale programs, REC programs, and clean energy procurement programs as defined in each jurisdiction.Manage energy-procurement related products and services, including consultant management and direction, establishing and tracking PJM and ISO-NE billing line items and contract IDs, and bidding wholesale power into the day-ahead market.Supervise supplier communications and contract processes, including supplier negotiations, contract set‑up, interpretation and application of established contractual agreements, supplier credit rating monitoring, daily mark‑to‑mark calculations in accordance with individual contracts, collateral management, and supplier banking.Ensure compliance with state regulations established by the Rhode Island Division of Public Utilities and Carriers, including state transfer of RECs, compliance with various state reporting requirements, and other Company, state, ISO/RTO, and FERC reporting and governance obligations as required.Act as an expert witness and support other expert witnesses in support of regulatory filings, including providing written and/or oral testimony and preparing responses to discoveryEnsure a controlled process around the calculation, communication, and posting of price updates, working…
Ppl Corp.
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