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At Galp, we believe that together we can make a difference in society by contributing to a more sustainable energy future. Changes starts 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.
  • Lead internal and external negotiations, to enable new products with the customer segments defined by our  by our strategy.
  • Maintain and develop close relationships with Iberia's counterparts.
  • Prepare and review contracts: drafting, reviewing and managing power contracts, including ensuring that contracts, all terms and conditions are clear and comply with legal requirements. 
  • Internal coordination: work closely with other departments, such as risk, legal, trading, business office, legal, trading, business office, etc. 

 

 

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 EU, daily and intraday market, electricity generation technologies, etc.
  • Operation functioning: representation services (RtM), balancing markets, balancing services, adjustment services, etc. 
  • Knowledge of risk management: Monte Carlo models, VaR, etc.
  • Knowledge of the functioning of derivatives and portfolio management. çportfolio management.
  • Knowledge of the development process of renewable plants: grid connection, environmental permits, administrative permits, etc. 
  • 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.

Galp gave me the opportunity to work daily side by side with extraordinary professionals, who contributed every day to my personal and professional growth. The easy integration into the company, with numerous different challenges and a fantastic team environment is the reason why I wake up every day with huge energy to work, and energy creates energy! Indeed, the company strongly bets on its employees and understands that people are its most valuable resource. I joined Galp in December 2016, through a curricular internship in the HR Development area and nowadays I am a trainee in the Loyalty and Business Development area, where every day I grow a little more. My (still short) career within Galp has been exceeding my expectations and allows me to say that I am part of a privileged group of people who work daily for the success and good results.

Sofia Francisco

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