Description

The Director of Wholesale Market Policy is responsible for fulfilling LIPA’s purpose of clean, reliable, and affordable electric service for our customers on Long Island and the Rockaways by managing LIPA’s conduct of and decision-making responsibilities for wholesale markets policy, including LIPA representation at the Federal Energy Regulatory Commission (FERC), New York Independent System Operator (NYISO) and other regional transmission organizations (RTOs), and the New York Public Service Commission (PSC).

Requirements

• Coordinates LIPA’s decision-making and policy-making authority with respect to its participation in regional power markets and the establishment of market rules and related federal and state regulations.
• Oversees the representation of LIPA by its Service Providers in RTO stakeholder processes and other industry activities and manages LIPA’s self-representation when a Service Provider conflict arises.
• Manages LIPA’s participation in related FERC and PSC proceedings with the assistance of outside legal counsel, and the various Service Providers (Power Supply Management and Fuel Management). 
• Identifies and assesses the financial impact of pending market rules and issues on LIPA customers, oversees the Service Providers’ analysis of the same, and develops and recommends policy options for addressing such impacts. 
• Leads the LIPA team in delivering reliable wholesale energy supplies at competitive prices.
•  Implements, monitors, and evaluates complex programs, including but not limited to generation dispatch, wholesale energy market analysis, energy risk management, fuel procurement, and energy supply and sales.
• Manages energy marketing and dispatching, market systems development and implementation, wholesale market analysis and load forecasting, fuel procurement, and risk management, including forecasting, hedging, trading, and performance monitoring.
• Conducts analysis and forecasting of electric power and related commodity prices and market trends, in the New York State and U.S. markets.
• Develops and implements wholesale energy supply, marketing, and operating strategies. 
• Is responsible for O&M and capital budgets, work plans, and achievement of objectives.  
• Represents LIPA’s interests to boards, commissions, and councils.