YTL PowerSeraya Pte. Limited, a wholly owned subsidiary of YTL Power International Berhad, is in the business of producing, wholesaling, trading and retailing of energy; with a primary focus on electricity. As an established player in Singapore's energy sector, it supplies the country's energy needs through its multi-utilities platform. With a licensed generation capacity of 3,100 MW*, it is one of Singapore's largest electricity generators.
The YTL PowerSeraya Group has three subsidiaries: the retail arm under the Geneco brand provides electricity price plans and energy solutions to homes and businesses, PetroSeraya is the fuel management arm of the Group, and Taser Power which operates Taser Power Plant.
Besides being a Plaque of Commendation (GOLD) awardee at the National Trade Union Congress's May Day Awards 2023, YTL PowerSeraya has adopted three Tripartite Standards under the Tripartite Alliance for Fair and Progressive Employment Practices, and has committed to be a fair and progressive employer. To find out more about the organisation, please visit ytlpowerseraya.com.
*As at 30 Oct 2024, our registered generating capacity with EMA is 2,467.7 MW.
You will join our team of Analysts in our Electricity Bidding & Trading and will be involved in market analysis and operational work including monitoring the behavior and dynamics of the electricity demand and supply situation, to construct the bid prices in the National Electricity Market of Singapore (NEMS) and optimising the sales of electricity through bidding in the competitive wholesale electricity market.
Qualifications
Responsibilities:
- Conduct analyses including competitors study, forecast of electricity demand and generation supply and projection of power prices.
- Execute and optimise real time sale of electricity into the competitive wholesale electricity market in Singapore based on analysis mentioned above to achieve maximum profit and lower portfolio cost.
- Understand the contractual obligations of the various natural gas supply contracts and retail electricity contracts and liaise with power plant operation team to formulate an optimum generation running plan from the Company's portfolio of generation assets.
- Prepare daily estimated Gross Margin performance, highlighting key market events or trading activities and prepare month end accruals to Finance.
- Administrate the purchase and sales of electricity contract-for-differences (CfDs) with counterparties including request for quotations, negotiations of terms and settlements.
Requirements:
- Fresh graduates welcome to apply.
- Enjoys working in a dynamic and fast-paced environment.
- Degree in Engineering, Business Administration, Economics, Mathematics or equivalent.
- Good working knowledge and application of VB programming and Excel macro.
- Relevant market operations experience in energy or related industries will be advantageous.
- Self-motivated and independent with strong analytical and communication skills.
- Precision in data analysis and reporting.
- Skilled in critical thinking and inclination for problem solving.
- Ability in decision making.
- Rostered shift duty may be required.
- Training will be provided.
Kindly note that only applications submitted via the given job link will be considered. We regret that only shortlisted applicants will be notified
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