Mercados Energy Markets - Analyst - Enterprise SaaS - Bid Process Management

About the Role

The candidate would manage the power trade-desk for the client / utility for sale / purchase of power in Power Exchange (PXs) in energy exchange instruments such as DAM / TAM / RTM etc.

The role involves, but not limited to, maintaining trade details, analyze real-time demand-supply gaps and preparation of Bids.

As per general understanding, the above said role would require a fair understanding of grid monitoring, load forecasting, schedule optimization and power procurement / sale (trading) concepts of domestic electricity market.

The key responsibilities of this role will include the following :

• Detailed expectations from the role.
• Preparing bids for trade (Buy / Sell) in DAM, TAM and RTM platforms based upon power portfolio optimization standards for utility / DISCOMs.
• Finalization & Placement of exchange bids as per clients SOPs through software / manually through trading stations.
• Monitoring and Analysis of Demand-Supply Gaps, Deviations in Schedules and Plant Outages on real-time basis for utility / DISCOMs.
• Scheduling of Generating Units based on merit order and using the dispatch optimization model.
• Preparing and Maintaining daily buy / sell trade accounts / records through an established database.
• Supporting the Client in activities related to energy trading and accounting.
• Must be open to working in Rotational Shifts.
• The candidate must have a good understanding of Load Forecasting of State / Utilities / DISCOMs.
• The candidate must have a good understanding of Schedule Optimization of State / Utilities / DISCOMs.
• The candidate must have deep understanding of power trading platforms and products of energy exchanges.
• Experience in Bid Process Management, preparation and evaluation of bids.

Required skill set

Education and Experience :

Remuneration Structure

(ref : iimjobs.com)