Incorporated in 1948, Old Dominion Electric Cooperative (ODEC) provides reliable, cost-effective, environmentally balanced, wholesale electric services to our 11-member distribution cooperatives in Virginia, Maryland and Delaware. Our core business is generating, purchasing and delivering electricity to our members. ODEC is a not-for-profit generation and transmission cooperative that operates for the benefit of our members, who are our owners. Our home office is located in Glen Allen, Virginia.
Purpose of Job:
Directs the implementation of ODEC’s real-time and day-ahead energy purchasing decisions. Participates in the development of ODEC’s energy and gas purchasing and trading strategies, and provides coordination of the operational aspects of the PJM market. Implements short-term congestion management strategies and securing transmission when required. Manages the scheduling of ODEC power generation resources, distributed generation and interruptible retail customers that impacts energy and gas purchasing strategies. Performs power purchase invoice verification/reconciliation/approval to ensure correct payments are made to major counterparties including PJM. Submits the Federal Energy Regulatory Commission (FERC) Electric Quarterly Reports (EQR) filings on a timely basis.
Essential responsibilities include:
Manages short-term procurement of energy pursuant to ODEC policies and strategies
Works with SCADA personnel and ensures real-time load information is available to make power procurement decisions
Manages load control recommendations for member cooperatives interruptible load
Monitors for changes in operational characteristics of plants and PJM rules, implementing such changes in various systems
Reviews and settles power invoice reconciliation / verification
Acts as internal department “control” authority for meeting Sarbanes-Oxley requirements for power supplier-billed information
Manages and revises fuel cost policies with PJM and the Market Monitor
Work Experience: Must have 7 years’ experience in the power industry in a similar role
Critical Knowledge, Skills and Abilities:
Must have a complete understanding of power markets and how they interact with ODEC’s power contracts
Must have an understanding of power plant operating characteristics
Must have an understanding of PJM regulations and regulatory compliance pertaining to power and transmission purchases and sales
Knowledge of FERC’s anti-market manipulation requirements and related business rules
Intermediate level of Excel
Preferred Knowledge and Skills:
PJM e-Tools Suite knowledge and experience
Education: Four-year college education with BS in Engineering, Mathematical, Accounting or related Degree
Travel details: Occasional travel required
Working Conditions and Physical Demands: Ability to enter data, look at a computer monitor for long periods of time, interact effectively with others through verbal communication, video and email, work full days (8 hours) in an office environment and work weekends during peak periods
We offer a competitive salary and benefits package.
ODEC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
No Phone Calls or Agencies Please
About Old Dominion Electric Cooperative
Incorporated in 1948, Old Dominion Electric Cooperative (ODEC) provides reliable, cost-effective, environmentally balanced, wholesale electric services to our 11 member distribution cooperatives in Virginia, Maryland and Delaware. Our core business is generating, purchasing and delivering electricity to our members. ODEC is a not-for-profit generation and transmission cooperative that operates for the benefit of our members, who are our owners.
Our corporate headquarters is located in Glen Allen, Virginia.