MARKET OPERATIONS SPECIALIST
OVERVIEWYou will be employed primarily as a Market Operations Specialist. You will report to the Head of Market Operations. You will be required to be flexible in this position and must be prepared to undertake such duties as may be assigned to you by the company from time to time. Such duties may be outside your normal area of work. Flexibility in working hours may also be required from time to time, both to meet critical deadlines and to effectively manage working across different time-zones.You will play a critical role in developing and executing VIOTAS’ expansion in our current operating markets (Ireland & Australia) as well as new markets (Texas). You will be responsible for building in depth knowledge of the market design and programmes available for demand response participation within a defined sub-set of the target markets agreed with Gridware management (your “Target Markets”), and leveraging this to optimise the VIOTAS portfolio and/or to enable successfully market entry into those market(s). This will involve the management of interactions with a wide range of stakeholders, both internal and external to the company, as necessary – especially Transmission System Operators and Regulators.
ABOUT VIOTASEstablished in Limerick, Ireland in 2013, VIOTAS set about designing and delivering new innovations to address the challenges posed by increased renewable generation in electrical grids: How can a grid be balanced when a large amount of electricity is coming from unpredictable renewable sources that are difficult to forecast and that change the fundamental principles of how grids operate?In response, VIOTAS developed proprietary technologies that place electricity customers at the core of the solution. By managing their electricity consumption and onsite generation in real-time, VIOTAS help balance the wider electricity grid. The company then aggregates participating customers to form Virtual Power Plants which are traded in the electricity market, competing against conventional fossil fuel power stations. This approach not only generates significant revenue for participating customers but also contributes to reducing carbon emissions. With a global expansion strategy, VIOTAS, currently with over 110 staff, operates in Ireland, Poland, USA and Australia.
JOB DESCRIPTION:
Develop deep expertise of the electricity market design and regulatory landscape within the Target Markets, with a principal focus on the programmes within which demand response can participate.
Act as the key counterpart within VIOTAS Gridware for the local Market Operations Manager, with a strong focus on providing steering and guidance, challenging and peer reviewing their work.
Present detailed market insights back to internal stakeholders in a concise and clear manner through a combination of discussions, reports and presentations.
Conduct detailed research into and interpret relevant regulatory policy, market design, market rules, technical and operational requirements associated with electricity market mechanisms accessible to demand response / frequency response in the Target Markets and identify and develop business opportunities from these.
For any market changes or new markets, support the local Market Operations Manager to capture the essential system requirements and business logic / functional specifications and work with VIOTAS Innovation to enhance, or develop, the necessary systems.
Where required, support the local Market Operations Manager with all aspects of registering electricity market units to enable market participation, including any required compliance testing and documentation.
Support the local Market Operations Manager with the preparation and timely submission of regulatory and market related documentation, applications, tender responses, etc. as required to ensure that the company’s objectives are met. For example, capacity auction submissions in Ireland.
Prepare reports, perform quantitative analysis, and present back to internal stakeholders as required.
Act as the link between the local Market Operations Manager and other key central functions within VIOTAS, managing relationships with other internal stakeholders such as VIOTAS Innovation, and leveraging deep cross-functional collaboration.
Lead the development of detailed consultation responses related to the integration of demand side flexibility, acting to positively influence policy development.
Represent the company at external regulatory forums, as required.
Build working relationships with the electricity market operator, transmission system operator, expert consultants and other stakeholders in the Target Markets, as required.
Maintain an awareness of and work towards pertinent timelines relating to the company’s strategy in each market.
Act as a subject matter expert within VIOTAS in electricity market design and regulation with respect to demand response / flexibility participation in the Target Markets and, more broadly, globally.
Leverage best practices / tools between different markets where VIOTAS has an operational portfolio.
Support the local Market Operations Manager to ensure all market timelines / deadlines are met, and the company’s portfolio is managed effectively on an ongoing basis to both maintain compliance with electricity market obligations and to maximise the benefits achieved.
ESSENTIAL REQUIREMENTS:
Excellent quantitative and analytical capability including data analysis and presentation. Qualification in a science, engineering or highly analytical discipline preferred.
Exceptional attention to detail and pragmatic approach.
Strong communication, interpersonal, collaboration and organisational skills.
JOB TYPE: Full-time, Permanent. LOCATION: Limerick, Hybrid SALARY: Competitive based on qualifications, experience, and skills.BENEFITS: Competitive benefit package with healthcare, pension, €3,000 per year self-directed training budget, training days, 25 annual leave days a year and more.