At Galp, we believe that together we can make a difference in society by contributing to a more sustainable energy future. Changes start with our people, where agility, continuous improvement, internal alignment, and external focus are the values that define our organization, where everyone, without exception, can reach their ultimate potential. We're counting on your energy.
Power Origination Mission The Originator is part of the European Power team and is responsible for originating and leading negotiations through to execution of new structured products and services with counterparties in the Iberian power markets, analysing long-term opportunities to grow Galp's portfolio.
What we'll do: Identify, explore, analyse, monitor and complete opportunities in the Iberian electricity markets that can contribute to the development of the power portfolio. Develop new business opportunities in the electricity market, including exploration of new growth areas, entry into new geographic markets, and the development of new structured products or services. Lead internal and external negotiations to enable new products with the customer segments defined by our strategy. Maintain and develop close relationships with Iberia's counterparts. Prepare and review contracts: drafting, reviewing, and managing power contracts, ensuring that all terms and conditions are clear and comply with legal and Galp requirements. Internal coordination: work closely with other departments, such as risk, legal, trading, business office, dispatching, and operations, to ensure that all origination activities are aligned with the corporate objectives and regulations in force at Galp/Iberia level. What we'll need: Minimum 3 years' experience working in the power market. Knowledge of the electricity market: legislative framework, market design in the EU, day-ahead and intraday market, electricity generation technologies, etc. Knowledge of operation functioning: representation services (RtM), balancing markets, balancing services, etc. Knowledge of risk management: Monte Carlo models, VaR, etc. Knowledge of the functioning of derivatives and portfolio management. Knowledge of the development process of renewable plants: grid connection, environmental permits, administrative permits, local licenses, financing. Understanding of power procurement and forward markets (PPA). Good communication skills. Team player. Proactive and initiative person. Diversity, Equity and Inclusion (DEI) At Galp, we have the ambition to be a Human Centered Company, and for that we acknowledge our responsibility to promote Diversity, Equity and Inclusion (DEI) by having a genuine mindset, lived on our day-to-day, in all our processes. We believe that everyone should be celebrated and valued for who they are: not only for their potential, but also for their distinctive characteristics.
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