Andrew Burke
Head Of Trading at Enerco Energy Ltd- Claim this Profile
Click to upgrade to our gold package
for the full feature experience.
-
English Native or bilingual proficiency
-
German Elementary proficiency
-
French Elementary proficiency
-
Spanish Elementary proficiency
-
Russian Elementary proficiency
-
Arabic Elementary proficiency
-
Japanese Elementary proficiency
Topline Score
Bio
Credentials
-
Fellow of the institute of Physics
Institute of PhysicsAug, 2017- Sep, 2024 -
Chartered Physicist
Institute of PhysicsJun, 2000- Sep, 2024
Experience
-
Enerco Energy Ltd
-
Ireland
-
Renewables & Environment
-
1 - 100 Employee
-
Head Of Trading
-
Jan 2017 - Present
• Responsible for setting up and running a trading team to supply over 400MW of wind capacity to the Irish power market • Provide a route to market and remuneration for an extensive pipeline of additional wind energy generation in Ireland and Great Britain • Provision of third party trading services for other utilities in the Irish power market • Looking for opportunities for solar and battery technologies in power and ancillary service markets • Responsible for an annual budget of over €90 million • Ensure a smooth transition during wholesale changes to the Irish Power market in 2017/8 Show less
-
-
-
Independent Energy Consultant
-
United States
-
Oil and Gas
-
1 - 100 Employee
-
Head of Trading and Strategy
-
Jul 2015 - Dec 2016
• Provided consultancy to suppliers and major energy users in Ireland • Devised hedging strategy for a supply company, trading NBP gas as a proxy hedge, covering an annual value of around €25M p.a • Set up wholesale gas trading area to support retail gas market entry • Implementation of NBP gas trading contracts with major national and international companies to support the hedging strategies • Analysed factors driving the NBP gas market including Crude oil (Brent, Dubai, Singapore, WTI), LNG, European gas prices, gas field outages, weather etc to support the proxy hedging strategy • Implemented full and detailed procedures for all areas of work to ensure compliance with organisational and industry requirements (risk, regulation etc) • Designed demand forecasting process • Managed trading and customer data • Formulated strategy for the upcoming overhaul of the Irish Power market • Kept large energy using customers up to date with energy and commodity market data and trends in a simple and easy to follow set of reports • Implementation of appropriate trading strategies for larger energy users to manage risk and reduce energy cost • Represented clients presenting at major energy industry events Show less
-
-
-
ESB International
-
Ireland
-
Utilities
-
300 - 400 Employee
-
Senior Consultant
-
Jan 2012 - Jun 2015
• Designed, oversaw and updated power market models for the Irish SEM and GB BETTA markets• Produced regular short term (3 year) and long term (25 year) model runs• Ran What-if ? and Back cast scenarios• Developed constrained market model• Examined Quality Management approaches, especially EFQM, and how to apply these to the whole of ESB Trading• Made regular presentations to Electric Ireland's large energy users on power and gas market drivers and direction
-
-
Front Office Manager (Head of Trading & Market Analysis)
-
Aug 2009 - Jan 2012
• Ran a team of 7 traders and analysts directly responsible for delivering profit of over €50M p.a• Analysed and traded GB BETTA power market, UK NBP gas market, EU ETS Carbon market for hedging and speculative purposes• Advised ESB Energy International's (now Electric Ireland) large energy users on their power and gas purchasing strategies • Bid ESBI CCGT's into the Irish SEM power market• Traded Corby CCGT in GB BETTA market and bid it into the Balancing mechanism• Developed trading approach for Carrington CCGT and renewable assets in GB BETTA market• Took a leading role in dealing with ESB International's regulatory responsibilities Show less
-
-
Strategic Consultant
-
Jun 2008 - Aug 2009
• Advised on strategy in core markets in Western Europe and beyond• Consulted on major power stations in the UK, Spain and Ireland• Analysed projects as diverse as LNG facilities in Kenya, power stations in central and southern Africa and interconnection projects in the Middle East and South East Asia
-
-
-
RWE Trading
-
United Kingdom
-
Retail Office Equipment
-
1 - 100 Employee
-
Market Analysis Team leader
-
Jan 2006 - Jun 2008
• Led a team of three analysts responsible for the successful delivery of an annual profit of over £80M p.a, • Provided analysis to the Front office trading teams on markets including UK & European gas, LNG, power, Carbon and oil• Made regular presentations to senior management
-
-
Market Analyst
-
Oct 2001 - Jun 2008
• Overhauled the organisations strategy in the Balancing Mechanism (short term power market)• Increased the profitability of the area form £15M p.a to over £60M p.a• Instigated and developed the organisations competitor analysis function• Set up a reporting service to provide reliable, timely and pertinent information to the Trading, Marketing and Senior Management
-
-
-
British Energy
-
Utilities
-
100 - 200 Employee
-
Market Analyst
-
Jan 2000 - Nov 2001
My initial role in Power & Energy Trading was to forecast UK Demand & Power prices, from day ahead to far seasons, using a mixture of fundamental and technical analysis. Once these forecasts were produced I would then discuss them with the Front Office traders to devise the company’s forward curve strategy.Shortly before NETA go-live, on March 27th 2001, I was asked to look at how British Energy may be able to pursue opportunities in the (short –term) balancing market using its coal-fired power station at Eggborough. This led to Eggborough being the countries most profitable coal-fired power station in the balancing market during my time at British Energy. Show less
-
-
Reactor Thermal Hydraulicist
-
Sep 1997 - Dec 1999
Whilst in the Reactor Thermal Hydraulics team I was responsible for studying fluid flow and core heat transfer issues in Nuclear Electric’s advanced gas cooled reactors and pressurized water reactor, under normal operation and fault conditions. This involved writing and developing models and presenting my recommendations to a number of internal and external bodies, such as the Nuclear Installations Inspectorate
-
-
Education
-
1993 - 1997
Durham University
MSci, First Class, Theoretical Physics -
1986 - 1993
Wickersley Comprehensive
Community
