Power Origination- Madrid
hace 4 meses
At Galp, we believe that together we can make a difference in society by contributing to a more sustainable energy future. Changes starts with our people, where agility, continuous improvement, internal alignment and external focus are the values that define our organization where everyone, without exception, can reach their ultimate potential. We're counting on your energy
**Power origination**
**Mission**
The Originator is part of the European Power team and is responsible for originating and leading negotiations through to execution of new structured products and services with counterparties in the Iberian power markets, analysing long-term opportunities to grow Galp's portfolio.
**What we´ll do**
- Identify, explore, analyse, monitor and complete opportunities in the Iberian electricity markets that can contribute to the development of the power portfolio.
markets that can contribute to the development of the power portfolio.
- Develop new business opportunities in the electricity market, including exploration of new growth areas, entry into new
including the exploration of new growth areas, entry into new geographic markets and the development of new structured
geographic markets and development of new structured products or services.
services.
- Lead internal and external negotiations, to enable new products with the customer segments defined by our
customer segments defined by our strategy.
- Maintain and develop close relationships with Iberia's counterparts.
- Prepare and review contracts: drafting, reviewing and managing power contracts, including ensuring that
contracts, including ensuring that all terms and conditions are clear and comply with legal requirements.
and comply with legal and Galp requirements.
- Internal coordination: work closely with other departments, such as risk, legal, trading, business office, legal, trading, business office, etc.
risk, legal, trading, business office, dispatching and operations, to ensure that all origination activities are
that all origination activities are aligned with the corporate objectives and regulations
corporate objectives and regulations in force at Galp / Iberia level.
**What we´ll need**:
- Minimum 3 years' experience working in the power market.
- Knowledge of the electricity market: legislative framework, market design in the EU, day-ahead and intraday market EU, daily and intraday market, electricity generation technologies, etc.
- Operation functioning: representation services (RtM), balancing markets, balancing services, adjustment services, etc. markets, balancing services, balancing services, etc.
- Knowledge of risk management: Monte Carlo models, VaR, etc.
- Knowledge of the functioning of derivatives and portfolio management. çportfolio management.
- Knowledge of the development process of renewable plants: grid connection, environmental permits, administrative permits, etc. grid connection, environmental permits, administrative permits, local licenses, financing
- Power procurement and forward markets (PPA).
- Good communication skills.
- Team player.
- Proactive and initiative person.
Diversity, Equity and Inclusion (DEI)
At Galp, we have the ambition to be a Human Centered Company, and for that we acknowledge our responsibility to promote Diversity, Equity and Inclusion (DEI) by having a genuine mindset, lived on our day-to-day, in all our processes. We believe that everyone should be celebrated and valued for who they are: not only for their potential, but also for their distinctive characteristics.
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