Advisor Resource Adequacy

1 week ago


Toronto, Ontario, Canada Independent Electricity System Operator (IESO) Full time

Advisor Resource Adequacy & Sector Evolution:

Date:
Apr 26, 2024

Location:

CA

Company:
Independent Electricity System Operator

INDEPENDENT ELECTRICITY SYSTEM OPERATOR (IESO)

Requisition ID:

  • 19736
    Location:
  • Toronto, hybrid
    Status:
  • Regular
    Business Unit:
  • Planning, Conservation & Resource Adequacy
    Why join us?
You've got great skills. And you want to use them in an organization where you know what you do every day matters. We get that.
We also know that ensuring Ontarians have access to affordable and reliable power doesn't happen by accident.

So we give you the tools, flexibility and support you need to achieve your goals, and development opportunities to help you grow.

You'll thrive in a collaborative, team-based environment that values your unique skills and experiences - and recognizes that when you do better, we become even better too.


Who we are


The Independent Electricity System Operator (IESO) works at the centre of the province's power system, ensuring Ontarians have access to reliable and cost-effective electricity when and where they need it.

We operate the province's electricity grid 24/7, design, run and oversee the wholesale electricity markets, and plan and prepare to meet Ontario's electricity needs - now and into the future.


The opportunity
The Advisor, Resource Adequacy & Sector Evolution, is accountable to the Senior Manager, Resource Adequacy & Sector Evolution.


The Advisor, Resource Adequacy & Sector Evolution will help develop qualitative and quantitative analysis to help shape the design, development and execution of Resource Adequacy mechanisms and broader sector evolution.

This includes conducting both forward looking and ongoing analysis on the results, impacts and trends that emerge from and inform various acquisition mechanisms.

The Advisor will advise on the technical, commercial, and policy considerations impacting electricity resource acquisition activities for the organization, with a focus on competitive procurements, including initiatives targeting energy and capacity supply services, and transmission resources.


The technical and commercial elements involved in resource acquisition activities include: leading project scheduling; developing procurement process framework and structure; undertaking associated community and stakeholder engagements; launching and maintaining procurement projects and associated processes; project evaluation and selection; and contract negotiations.

Procurements may include competitive bidding, auctions, standard offers and sole-source negotiations, among others. These responsibilities are conducted in the context of the commercial mandate of the IESO.


The Advisor will be expected to be familiar with infrastructure procurement practices and be knowledgeable about electricity generation, distribution, and transmission; electricity market design and operation, infrastructure project valuation and energy economics; electricity sector regulations and standards, as well as broader infrastructure procurement best practices.


What you'll do

  • Analysis evaluate and solve technical and commercial issues associated with projects, including both procurement and policy initiatives
  • Due Diligence perform facility performance analysis (e.g., thermodynamic modelling), cost estimation (research, quotes, consultant reports), return analysis (financial modelling), and risk analysis (mitigate/contractually allocate risk)
  • Procurement design help oversee the design of procurement mechanisms, strategies and processes appropriate for the type of procurement (standard offer, auction, competitive RFP, negotiation) and the type of resource being sought
  • Contract development
    help lead the development of procurement documents, including program rules, request for proposals, and contracts. Help manage internal and external legal teams in drafting documents
  • Procurement/program administration implement procurement processes, ensuring that all obligations are fulfilled in accordance with procurement/contract requirements, culminating in successful execution of contracts, and, as needed, manage assigned contractual obligations
  • Contract negotiations undertake contract negotiations with counterparties, ensuring IESO and rate payer interests are upheld and IESO's reputation and professionalism are maintained
  • Support infrastructure develop, manage, and enhance procurement initiative infrastructure, including proposal evaluation tools, prescribed forms and program specific website that will be used by the public to interact with IESO and as the main method of receiving program content.
  • Stakeholder relations internally with various business units (e.g., Planning, Regulatory Affairs, Legal Affairs, Markets, System Operations, Indigenous Relations and the Market Renewal Program team); externally with Government and its agencies, such as the Ministry of Energy, Northern Developm


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