Position Overview
The responsibilities associated with the position include:
Enhancement and development of relevant market models (E.g. Energy and Ancillary Services markets in Luzon, Visayas, and the Mindanao grid) in simulation tools for the fundamental model focusing on, among others:
- Understanding the hydro-thermal power plant optimization and maintaining updated plant parameters capturing all necessary operational constraints, that will be relevant to forecast market prices, such as: Hydro plant configuration (unit capacity, efficiency, outage rates, inflow data, hydro plant cascade modeling, etc.)
- Understanding the co-optimized market for energy and reserves with familiarization on the capability and behavior of the participants in both markets and, harmonizing the available tools with the local market operationsβ rules and regulations.
- Incorporate generation capacity expansion with an assessment on t...