Energy Advisor

  • Enel North America
  • Remote (Boston, MA)
  • Mar 29, 2021
Full time role Finance Sustainability

Job Description

Who We Are

Enel is a globally recognized leader in sustainable energy and is consistently named one of Fortune Magazine’s “Companies that are Changing the World.” It is also one of the largest and most trusted energy companies in the world, serving around 70 million customers in more than 30 countries across 5 continents. The Enel Group vision is about Open Power. Open Power means opening energy access to more people; opening the world of energy to new technologies; opening new ways for people to manage energy; opening new uses of energy; and opening more partnerships. These are ambitious goals and we are pursuing them with the passion of more than 65,000 people whose brilliant work is based on our values of Responsibility, Innovation, Trust and Proactivity. In the US and Canada Enel operates through three business lines: Enel Green Power, Enel X and Enel Trading. Together our businesses are leading the energy transition, creating the sustainable energy solutions of the future to help individuals, businesses and communities change energy into lasting value.

Meet Enel X:

Enel X, part of Enel Group, is a global business leading the transformation of the energy sector. We enable consumers, businesses and communities to make smarter decisions about the way energy is created, stored and managed. We are passionate, motivated thinkers who are unified by our mission to change the way the world uses energy. We thrive on solving big problems for our customers and are fueled by our innovation and determination. In the US & Canada, Enel X combines the spirit of a startup with the expertise and infrastructure of a global innovator. We’re opening up the full spectrum of energy innovation to help our customers grow through sustainable energy solutions in the following core areas: Demand Response, Demand Management, Energy Supply Management, Energy Storage and Microgrids, Energy Efficiency, Electric Vehicle Charging, Utility Bill Management, and Sustainability. Together, with our passionate people, we are accelerating the pace of change in the energy industry, towards a more efficient and sustainable world.

The Opportunity:

Enel X, a global leader in renewable energy strategy and procurement, has streamlined the renewable procurement process by providing data-driven guidance through all phases of the development and implementation of our client’s renewable energy strategy.   Specific tasks may include conducting renewable energy workshops, development of customized renewable energy strategies and roadmaps, identification of and quantifying risks and risk mitigation solutions, RFP design and development, conducting competitive auction events, and post-transaction support. Enel X helps renewable energy purchasers save time, lower costs, and mitigate risks in today’s renewable energy market.

The Renewable Energy Advisor will support Enel X’s growing Renewable Energy Services division and manage all aspects of the development, implementation, and execution of renewable energy strategies and services for assigned customer accounts. The cornerstone of this service is achieved by standardizing renewable products and terms and driving competition among suppliers in live auction events hosted by our award-winning reverse-auction technology  Procurement events will involve a host of renewable energy Requests for Proposals (RFPs) in support of a number of renewable energy contract types, from traditional Power Purchase Agreements (PPAs) to physical asset acquisitions (from post- Notice to Proceed (NTP) to pre- Commercial Operations Date (COD)) to purchases of Renewable Energy Certificates (RECs) and carbon offsets.

The Renewable Energy Advisor will be assigned customer accounts that cover multiple renewable energy transaction types, geographic locations, and customer verticals. For select customers, the Renewable Energy Advisor will also assist with various tasks associated with the management and optimization of a customer’s procured renewable energy resources.

What You'll Do at Enel:

Renewable Energy Advisory Support

  • Developing comprehensive regional energy market assessments and reports for assigned customers, with a focus on the renewable energy landscape, to identify of-note local market considerations (regulatory requirements, critical environmental risks, interconnection ques, unique opportunities, etc.), market trends, market price forecasts (for energy, capacity, and RECs), all supply-side counterparties and primary contacts, project pipelines and statuses, and recently conducted RFPs
  • Supporting the delivery of client centered workshops that provide education and assistance with the identification of client constraints and priorities as they pertain to the development and implementation of renewable energy strategies, discuss and address internal and external stakeholder feedback, and address any raised questions. Providing assistance with the planning and development of strategies that will achieve client’s sustainability objectives specific to achieving carbon offset or carbon neutrality goals consistent with other client stated priorities. 
  • Interpreting client’s unique sustainability goals and assisting with the development and implementation of renewable energy strategies specific to achieving the goals as communicated by client and consistent with other client priorities.
  • Support the collection and formatting of the necessary data to be use in the application of proprietary models that forecast long range financial performance, and help determine the most beneficial and cost effective renewable energy solution(s) that are consistent with its stated organizational objectives.

Renewable Energy Transaction Support

  • Consulting with customers and their internal and external stakeholders on the development of renewable energy RFP strategies and supporting materials
  • Supporting the development of a robust renewable energy procurement strategies and project timelines focused on driving competitiveness and process transparency that leverage universally identified best-practices and technology, including reverse auction capabilities (if-able)
  • Developing robust renewable energy RFP documents and supporting appendices, including pre-bid forms and materials, contract templates, quantitative and qualitative offer evaluation criteria, technical bid requirements, bid forms, bidder affidavits and attestation forms, and email notification templates
  • Conducting large-scale, high value, renewable energy RFPs (releasing RFP notices to pre-determined counterparties, engaging with invited counterparties 1-on-1, fielding and addressing all raised questions, collecting and recording pre-bid documentation from counterparties, conducting due-diligence review of responding counterparties and to-be-proposed projects, managing pre-bid credit and collateral process, driving uniformity amongst counterparties on contract templates, qualifying counterparties to submit bids, collecting and evaluating bids, managing remediation processes, and producing scored shortlists and award recommendations, among other primary tasks)
  • Supporting deep-dive assessments of both responding RFP counterparties and their submitted projects/proposals to determine potential financial risks, fatal flaws, and material defects
  • Assisting with the development/interpretation of long term forward pricing curves for the purposes of evaluating and comparing pricing offers at various locations
  • Supporting the contracting process for counterparties selected for award as a result of a managed RFP, managing the collection of contracts and enforcement of a customer’s contractual requirements
  • Interfacing with internal and external stakeholders involved in managed renewable energy RFPs and providing individualistic support to all before, during, and after supported RFPs
  • Developing comprehensive RFP reports that detail each RFP process in its entirety and provide a fully auditable record covering all phases of the RFP process

 

Renewable Energy Post Transaction Support

  • Organizing and conducting post-RFP stakeholder workshop sessions to identify lessons-learned, process improvements, and future best-practices
  • Managing the implementation and optimization of acquired renewable energy contracts on behalf of supported customers
  • Validation of PPA and VPPA settlement statements on a monthly basis
  • Managing, recommending or assisting with strategies to monetize or retire RECs on behalf of client
  • Interpreting client reporting on carbon reduction results and performance related to client sustainability goals.

 

Internal Business Support

  • Providing technical sales support, including but not limited to, fee support, developing market assessments, conducting prospect opportunity assessments, and attending select prospect meetings in-field
  • Coordinate with Business Development Managers (BDM) and Global Services personnel to effectively onboard new customers, including request analyst, and determine initial customer transaction strategy
    • Establishing, maintaining and enhancing relationships with renewable energy market counterparties/developers/suppliers.

Who You Are:

 

  • Excellent computer skills and a strong knowledge of Microsoft Excel
  • Excellent communication skills, both oral and written
  • Background in Economics, Finance, Mathematics or Energy and derivatives markets
  • Budgeting, forecasting and price structuring
  • Able to clearly explain technical information to technical and non-technical audiences.
  • Comfortable as a team player or working independently. Takes initiative. Self-directed. Attention to detail.

What You've Accomplished:

  • 5+ years of professional experience in the renewable energy industry, ideally focused on functions related to procurement or project development
  • 3+ years of power price structuring, risk management or forecasting experience
  • General knowledge of renewable energy marketplace and mechanics of renewable energy development and contracting process
  • General knowledge of electric cost components and market dynamics in 2 or more ISOs such as PJM, ERCOT, ISONE, NYISO, CAISO.
  • Ability to read tariffs and recreate electric and natural gas utility costs
  • BA/BS degree. Master’s degree in Business or Finance a plus.

What Enel Offers You:

• A rapidly growing yet well-established business, • Ability to work with employees from many different cultures and backgrounds., • Benefits and rewards that support the life and well-being of you and your family., • One of the world’s most recognizable and respected brands in the energy industry that believes by working together we can create a new energy era in which the world can become more sustainable., • Opportunity to grow and develop your career with the support and mentorship of senior leaders., • Various forms of flexibility to help you integrate your life with your professional commitments.

Notice to Recruiters & Staffing Agencies

Enel North America has an internal talent acquisition department and designated career site for individuals looking to join our team. Enel North America will not accept unsolicited resumes from any external recruiters, staffing firms, search agencies or any fee-based referrals. Any unsolicited resumes sent to directly to Enel North America, in any capacity will be considered property of Enel North America. This policy is applicable to all Enel North America locations and will be the responsibility of third parties and vendors to understand this policy. Enel North America will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

EEO Statement

Enel North America is dedicated to providing equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information. We will not discriminate, in any employment decision, against any individual or group on the basis of race, color, religion, sex, gender, national origin, citizenship, age, disability, sexual orientation, genetic information, or veterans/national guard/military reserve status. This shall be done in compliance with all applicable federal, state, and local laws in every location in which Enel North America has facilities. Accessibility – If you require accessibility assistance applying for open positions please contact EnelApplication@enel.com.

Organization Type

Company

Organization Size

1001-5000

Sectors

Energy

Network:

New Energy Network