What are the responsibilities and job description for the Fuel Procurement Manager/Director position at Ohio Valley Electric Corporation / Indiana -...?
Description
The Manager/Director of Fuel Procurement and Regulatory Support is responsible for directing the management of coal procurement, related transportation and logistics, and related procurement of a wide variety of bulk reagent products required to achieve environmental compliance for each OVEC-IKEC coal generating power plant.
The annual total coal supply and transportation portfolio directed is comprised of approximately 6 million tons valued at approximately $360 million. The overall goal of this role is to direct coordination within and across the functions while coordinating with both internal (Plant Operations, Environmental Affairs, Accounting and OVEC executive management) and external (coal, transportation, and reagent suppliers, AEP Fuel Procurement, Buckeye Power Fuel Procurement and other Sponsor management, etc.) customers to minimize the cost of generating electricity while meeting operational and environmental requirements. Also, the Manager/Director will assist the plants in coal and reagent inventory management to ensure an adequate, reliable, and safe supply. The position will also be responsible for forecasting and analysis modeling related to generation, consumption, and related fuel costs. The position requires expert technical knowledge of fuel procurement and is the primary leader to ensure prudence in the procurement strategy. The Manager/Director would potentially testify as an expert witness at multi-state commission hearings, as needed, to satisfy the commission's requirements for prudent coal and reagent procurement practices.
Additionally, the Manager/Director would be responsible and assist the Vice President - COO with other fuel regulatory Sponsor support requirements of OVEC-IKEC, including supporting all Sponsors company’s requests and regulatory assistance related to OVEC-IKEC costs and actions. The Manager/Director and department will support Sponsoring Companies with PPA or Commission audits, including collection of evidence, providing testimony and assistance to OVEC-IKEC legal counsel. Additional responsibilities include providing technical and operations guidance, administering assigned standards, processes, and programs to ensure effective optimization of fuel consumption and production of electricity. Conducting audits, analyses, review data related to the operation of plants and associated equipment.
Expected to align personal goals with the Mission, Vision, and Values of OVEC/IKEC.
Essential Duties & Responsibilities
- Direct the coal and reagent procurement and related transportation activities for OVEC-IKEC’s generating fleet, including planning, contract negotiation, inventory control, and coordination with Environmental Affairs; Plant Management; Accounting; AEP Fuel Procurement; Buckeye Power Fuel Procurement; other Sponsor management and OVEC executive management.
- Direct the development of procurement strategies for acquiring low-cost and flexible coal and reagent product supplies and transportation to achieve operational and environmental requirements for each generating unit, including a portfolio of spot and long-term supply agreements and transportation options that optimize response to changing fuel markets.
- Serve as or prepare staff to serve as an expert witness on behalf of OVEC for Sponsor’s PPA or other cost recovery regulatory support.
- Support OVEC-IKEC’s Sponsors with PPA or Commission audits, including a collection of evidence, providing testimony and assistance to OVEC-IKEC legal counsels in regulatory requirements.
- Maintain current market intelligence for coal, transportation, and all reagent products (activated carbon, anhydrous ammonia, calcium bromide, lime, limestone, sodium bicarbonate, trona, urea, etc.) market trends and forecasts, contractual arrangements, etc.
- Maintain effective business relationships with coal and reagent producers, suppliers, and transporters to achieve adequate and reliable coal and reagent supplies that meet operational and environmental requirements, while achieving appropriate flexibility.
- Serve as a primary fuel procurement lead in maintaining strong, appropriate business relationships with, fuel suppliers, reagent suppliers, transportation companies, AEP Fuel Procurement, Buckeye Power Fuel Procurement and other areas, including OVEC’s Sponsoring company management.
- Conduct and oversee related fuel cost tracking and accounting, to provide results to OVEC’s Treasury and Accounting group for entry into the financial records.
- Conduct and maintain forecasting and modeling of the Company’s combustion, generation, and related fuel costs.
- Conduct energy economic analysis and present various scenarios. Conducts operation analysis as it relates to inventory, emission limits, and fuel quality.
- Responsible for budgeting coal burn projections, and consumables such as limestone, urea, and trona projections. Responsible for coal inventory projections in money and tons.
- Responsible for special audits and/or legal issues pertaining to fuel and consumable contracts.
- Handles sponsor and internal information requests relating to fuel and consumables and production optimization.
- Assists and provides evaluations pertaining to dispatch, low load, and derates.
- Perform duties in accordance with all applicable federal and state safety laws and regulations, and all applicable company safety rules and operating procedures; when supervising others, assure that safe work practices are followed and conduct safety meetings; make suggestions for the improvement of the safety program and encourage others to do so.
- Responsible for knowing and complying with the laws and Code of Business Conduct related to the performance of the aforementioned duties.
Minimum Qualifications
- Four-year Bachelor’s Degree required in Business, Logistics, Engineering, Geology, or Earth and Mineral Sciences. An MBA or other advanced degree would be a plus.
- Minimum of 10 years’ experience in the energy industry with an extensive background in fuel procurement; fuel acquisition strategy; fuel transportation and logistics; contract negotiation and administration; regulatory and fuel cost recovery.
- Minimum of 3 years of leadership experience, including responsibility for direct reports.
- Regulatory experience, including providing testimony or supporting the creation of testimony.
- Requires significant experience in effectively interacting with coal suppliers, with plant generation personnel on operational issues; Sponsoring Companies employees/Director/Managers; working with AEP fuel procurement, Buckeye Power Fuel procurement and related commercial operations personnel; supporting any member of OVEC’s executive staff.
- Must have a strong working knowledge of generating plant operations, mine operations, railroad and barge operations and logistics; and coal sampling, analysis, weighing, and reporting conventions. Not Required but Professional Certifications (CPA, PE, etc.) would be a plus.
Benefits
As a full-time employee, the successful candidate will be eligible for full benefits, including:
- Medical, Dental and Vision insurance
- Health Savings Account (with Employer contribution if enrolled in a qualifying medical plan)
- Life Insurance
- Supplemental Pension & Savings Plan
- Paid Days Off
- Holidays
- Vacation
- Sick Pay
- Monetary incentives/Employee Incentive Plan
- Paid Parental Leave
- Additional Voluntary Benefits
About Ohio Valley Electric Corporation / Indiana - Kentucky Electric Corporation
Ohio Valley Electric Corporation (OVEC) and its wholly owned subsidiary, Indiana-Kentucky Electric Corporation (IKEC), were organized on October 1, 1952. The Companies were formed by investor-owned utilities furnishing electric service in the Ohio River Valley area and their parent holding companies for the purpose of providing the large electric power requirements projected for the uranium enrichment facilities then under construction by the Atomic Energy Commission (AEC) near Portsmouth, Ohio. OVEC, AEC and OVEC’s owners or their utility company affiliates (called Sponsoring Companies) entered into power agreements to ensure the availability of the AEC’s substantial power requirements. On October 15, 1952, OVEC and AEC executed a 25-year agreement, which was later extended through December 31, 2005 under a Department of Energy (DOE) Power Agreement. On September 29, 2000, the DOE gave OVEC notice of cancellation of the DOE Power Agreement. On April 30, 2003, the DOE Power Agreement terminated in accordance with the notice of cancellation. OVEC and the Sponsoring Companies signed an Inter-Company Power Agreement (ICPA) on July 10, 1953, to support the DOE Power Agreement and provide for excess energy sales to the Sponsoring Companies of power not utilized by the DOE or its predecessors. Since the termination of the DOE Power Agreement on April 30, 2003, OVEC’s entire generating capacity has been available to the Sponsoring Companies under the terms of the ICPA. The Sponsoring Companies and OVEC entered into an Amended and Restated ICPA, effective as of August 11, 2011, which extends its term to June 30, 2040.
Why is OVEC/IKEC committed to Diversity, Equity and Inclusion (DEI)?
Our Values of Respect and Innovation are key components directly related to our DEI commitment. Diversity, equity, inclusion and belonging strengthens and enhances our culture. Treating others the way we want to be treated and valuing each person’s talents, perspectives, and experiences promotes and builds an innovative environment.
Why is OVEC/IKEC committed to Diversity, Equity and Inclusion (DEI)?
Our Values of Respect and Innovation are key components directly related to our DEI commitment. Diversity, equity, inclusion and belonging strengthens and enhances our culture. Treating others the way we want to be treated and valuing each person’s talents, perspectives, and experiences promotes and builds an innovative environment.
