Job Description

WHO WE ARE SN Aboitiz Power Group or SNAP is the collective name of the power generation arm (SN Aboitiz Power-Magat, Inc. and SN Aboitiz Power-Benguet, Inc.) and power retailing arm (SN Aboitiz Power-RES, Inc.) of the business. Through its power generating unit, SNAP develops and operates world-class renewable energy facilities in the Philippines; and by means of its power retailing arm, SNAP provides innovative energy solutions to its customers. It is a recipient of several local awards and citations for its safety records, community programs, stakeholder relations, and environmental campaigns. It has also received international recognition in the Asian region for privatization and project financing as well as for its plants’ performance as independent power producers. With 641.5 MW of total capacity, SNAP harnesses the energy of flowing water to generate clean, renewable energy for its customers. WHAT WE DO Magat Hydro is one of the largest hydro facilities in Luzon, with a gross maximum capacity of 388 MW. It draws water from the Magat River through the multipurpose Magat Dam. Under the power restructuring law, the power facility was privatized in 2006. Following the successful bid of US$530 million, SNAP took over operations on April 26, 2007. The 8.5-MW Maris Hydro is the first power plant constructed by SNAP. Construction of the PHP2.5 billion run-of-river hydro plant took about two years—it broke ground in late 2015 and was completed in November 2017. Maris hydro utilizes water coming from Magat hydro. At its original capacity of 75 MW, Ambuklao Hydro was one of the first large hydroelectric power plants in the Philippines and is one of the oldest. In 2008, SNAP took over Ambuklao and the 100-MW Binga Plant after a winning bid of US$325 million under the privatization program. Ambuklao hydro re-operated in 2011 as a 105-MW power plant following its rehabilitation and upgrading. Binga Hydro was built in 1960 and lies 19 kilometers downstream of its sister facility, Ambuklao. It was bid out along with Ambuklao; but only the power components were privatized while the dams remain government-owned. Binga hydro underwent a refurbishment which began in 2010 and was completed in 2013. This increased the plant’s capacity from 100-125 MW. It is now capable of generating 140 MW after further uprating. With the advent of open access in the Philippines, customers with a monthly average peak demand of 750kW and above can choose a Retail Electricity Supplier through the Open Access market. SNAP-RES was formed into the group for the Retail Electricity Market. SNAP-RES continues to serve the needs of Contestable Customers by focusing on the requirements of each industry and delivering innovative solutions for each customer profile since 2011. SN Aboitiz Power (SNAP) is a joint venture of Scatec and Aboitiz Power Corporation (AP). Scatec is a Norway-based leading renewable power producer that delivers affordable and clean energy worldwide. As a long-term player, Scatec develops, builds, owns, and operates solar, wind, and hydropower plants and storage solutions. On the other hand, Aboitiz Power Corporation is a wholly-owned subsidiary representing the consolidated electricity interests of the Aboitiz Group—one of the largest conglomerates in the Philippines focusing on the electricity, financial, and food sectors. Aboitiz has been involved in the Philippine electricity industry since the 1930s.
The responsibilities associated with this position include but not limited to:

• Lead the formulation of AS and spot market offer prices, then submit and/or update AS and spot market offers in accordance with WESM rules, ancillary service schedule, operational and market data and other relevant information, in accordance with the group’s strategy and protocols.
• Lead the planning and preparation of Ancillary Service Nominations for the provision of Ancillary Service in line with the Company’s contractual obligations as well as the company’s strategy.
• Lead the optimization of company resources in Spot Energy, Ancillary Services provision or combination of both on a daily basis.
• Develop and recommend bidding and nomination strategies, as well as improvement to existing strategies considering historical market performance and other relevant available information.
• Coordinate with plant personnel, System Operators and Market Operators to achieve efficient and effective trading and plant operations and be able to anticipate the behavior of counterparties that may affect such activities. Report and monitor on a regular basis the status of the market including competitor’s probable bid behavior and strategy, demand profile, status of the transmission network, and plant outages, and the general outlook in terms of probable pricing outcomes and power supply conditions to be able to respond to changes in the grid and the market so as to maximize opportunities available with such changes.
• Prepare, analyze, and submit regular reports on results of market trading, statements on revenue, costs and profits, highlighting conditions that could dynamically be improved, either through planning or better instantaneous responses to changes.
• Analyze and submit daily, weekly, monthly and annual performance reports to management, including plant and market performance indicators.

• Provides decision support to Team Leaders and The Management.
• Prepare and submit related reports to the Group and to the Management.
• Assist in the settlement and billing process of the Revenue Accounting Section in terms of Ancillary Services payment reconciliation and evaluation.
• Submit compliance reports as required by the Market and assist in the provision of supporting documents for compliance related investigations.
• Develop in-house procedures and tools of analysis to support trading functions.
• Participate in the department’s continual improvement efforts to be able to adapt to changing market conditions.
• Be able to perform default trading and/or remote trading operation, as determined by the Head of Trading Section.
• Be able to be assigned and take roles with the Hydrology, Production Planning and Optimization (HPPO) Department, subject to the approval of Team Leaders, for business continuity and organizational development purposes.
• Assist in the implementation of Integrated Management Systems (Quality, Occupational Health and Safety, Environmental, and Asset) and compliance to regulatory requirements.
• Perform other duties as may be assigned by higher authority from time to time.

• Minimum of 1-year relevant experience to Energy Trading in the Philippine Wholesale Electricity Spot Market or similar power market; OR at least 2 years relevant experience in the field of market operations, power plant operations, system operations, and regulatory affairs of the power industry
• Computer literate with basic knowledge and understanding of competitive Electricity markets, Power System Operation and Analysis. Good communication skills.
• Strong analytical skills, attention to detail and high comprehension abilities.
• Degree in Engineering, Economics, Mathematics, Applied Science or Business. Graduate studies preferred but not required.