Director, Market Operations
The AES Corporation · Houston, TX · 3 days ago
HybridOTHRFull-time
Key Responsibilities
- Develop and execute market participation strategies across CAISO, PJM, ERCOT, SPP, and MISO to maximize portfolio value.
- Oversee bidding, scheduling, dispatch optimization, and real-time operations for renewable and storage assets.
- Lead congestion management, curtailment strategies, and ancillary services participation.
- Identify and implement opportunities for revenue enhancement, including arbitrage, capacity markets, and emerging products.
- Cook up coordination with asset management, trading, and forecasting teams to ensure optimal performance.
- Support origination and structuring teams in evaluating new commercial opportunities.
- Ensure alignment between contractual obligations and real-time operations.
- Ensure compliance with all applicable NERC reliability standards and ISO/RTO market rules.
- Monitor regulatory developments and lead internal response strategies.
- Collaborate with finance teams on tax equity structures and ensure operational compliance with investor requirements.
- Support due diligence processes for financing and M&A transactions.
- Provide operational insights into project valuation and risk assessment.
- Foster cross-functional collaboration with trading, development, regulatory, and finance teams.
- Drive continuous improvement in systems, processes, and analytics capabilities.
Qualifications
- 10+ years of experience in power markets, energy trading, or market operations within the renewable energy sector.
- Deep expertise across at least three major ISOs/RTOs: CAISO, PJM, ERCOT, SPP, MISO (experience in all preferred).
- Proven experience managing renewable portfolios including solar, wind, and battery storage assets.
- Strong knowledge of renewable project off-take agreements (PPA, VPPA, tolling structures).
- Demonstrated experience with NERC compliance and reliability standards.
- Experience working with tax equity financing structures and investor requirements.
Skills & Competencies
- Strong analytical and quantitative skills with deep understanding of power market dynamics.
- Commercial mindset with ability to balance risk and value optimization.
- Excellent leadership, communication, and stakeholder management skills.
- Ability to operate in a fast-paced, evolving regulatory and market environment.
Education
- Bachelor’s degree in Engineering, Economics, Finance, or related field required.
- Advanced degree (MBA, MS) preferred.