Chuan Fu
Power Trader at Solea Energy- Claim this Profile
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Bio
Mark Chamblee
Chuan managed the correlation risks inherent in Dynegy's generation portfolio through his participation and trade activity in Financial Transmission Rights across five regional ISOs. In addition, he managed and optimized Dynegy's large Auction Revenue Rights portfolio across multiple regions. His expert knowledge of power systems and his first-rate analytical capabilities; including modelling, coding, and automation, made it possible for him to manage this extremely heavy work-load with efficiency and effectiveness. Chuan would add value to any organization that has large ARR/FTR management needs.
Mark Chamblee
Chuan managed the correlation risks inherent in Dynegy's generation portfolio through his participation and trade activity in Financial Transmission Rights across five regional ISOs. In addition, he managed and optimized Dynegy's large Auction Revenue Rights portfolio across multiple regions. His expert knowledge of power systems and his first-rate analytical capabilities; including modelling, coding, and automation, made it possible for him to manage this extremely heavy work-load with efficiency and effectiveness. Chuan would add value to any organization that has large ARR/FTR management needs.
Mark Chamblee
Chuan managed the correlation risks inherent in Dynegy's generation portfolio through his participation and trade activity in Financial Transmission Rights across five regional ISOs. In addition, he managed and optimized Dynegy's large Auction Revenue Rights portfolio across multiple regions. His expert knowledge of power systems and his first-rate analytical capabilities; including modelling, coding, and automation, made it possible for him to manage this extremely heavy work-load with efficiency and effectiveness. Chuan would add value to any organization that has large ARR/FTR management needs.
Mark Chamblee
Chuan managed the correlation risks inherent in Dynegy's generation portfolio through his participation and trade activity in Financial Transmission Rights across five regional ISOs. In addition, he managed and optimized Dynegy's large Auction Revenue Rights portfolio across multiple regions. His expert knowledge of power systems and his first-rate analytical capabilities; including modelling, coding, and automation, made it possible for him to manage this extremely heavy work-load with efficiency and effectiveness. Chuan would add value to any organization that has large ARR/FTR management needs.
Experience
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Solea Energy
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Oil and Gas
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1 - 100 Employee
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Power Trader
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Jan 2019 - Present
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Automated Algorithms, LLC
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United States
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Financial Services
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FTR Trader
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Sep 2018 - Dec 2018
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Electric Power Engineers
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United States
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Utilities
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200 - 300 Employee
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Power Market Specialist
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Jul 2018 - Sep 2018
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Dynegy
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Utilities
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500 - 600 Employee
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FTR Trader
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2015 - 2018
• Managed 18GW FTR generation hedge portfolio (MISO/PJM/ERCOT/NEISO/NYISO) and 4GW FTR/ARR retail/wholesale hedge portfolio (MISO/PJM).• Worked closely with other power traders (MISO/PJM/ERCOT/NEISO/NYISO) in financial trading group to develop mid-term/long-term hedging strategy for company’s generation and retail assets.• Performed mid-term and long-term market forecast for PJM, NYISO, ISO-NE, ERCOT, and MISO based on DAYZER models, provided basis prices monthly forecast, analyzed fundamental drivers of potential congestion such as transmission outages and generation outages, and analyzed history FTR auction prices.• Prepared FTR/CRR market auction for each ISO including determination of hedging volume, estimation of credit, estimation of hedging basis forward curves for risk group, proposed FTR hedging strategy, submitted FTR bids in ISO FTR/CRR portal, and processed FTR/CRR auction awards to create trading deals records in Endur risk management tool.• Managed and participated in MISO/PJM ARR auction including confirming retail/wholesale NSPL, registering, validating, and confirming ARR entitlements, evaluating/determining profitable ARR paths, submitting ARR bids for stage1A/1B/2, determining self-scheduled ARR paths for FTR annual auction, and evaluating final ARR awards revenue.• Developed daily P&L monitor tool based on CBM model results for financial trading group to monitor daily energy margin changes including generation gross margin, hedge power delta/power length, major power hub/gas prices, and spark spread for each ISO. Show less
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Sr. Transmission Engineer
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2012 - 2015
• Provided daily trading support for MISO/PJM (2012-2013) and PJM/NYISO/ISO-NE (2013-2015), including analyzing transmission and generation outages, congestion driver analysis, and generation/transmission sensitivity calculation and analysis.• Communicated with hourly/financial/emission traders, asset managers, and operators about potential risky events of congestion, transmission outages, generation outages, load variation, gas price variation, and networks upgrades impacting company’s assets. Discussed with front desk to finalize bidding and operation strategy in DA/RT market.• Performed daily market forecast based on self-developed AURORA PJM/MISO model (2012-2013) and DAYZER PJM/NYISO/ISO-NE model (2013-2015), provided short-term forecasted prices info of LMP/MCC/LMC of assets/hub/zone, and provided other daily forecast info such as load, gas, import/export, and wind.• Designed and built MISO and PJM production cost model in AURORA (2012-2013).• Developed tools based on VBA to realize automatic running in DAYZER model for PJM, NYISO, and ISONE (2013-2015), including adjusting DAYER running parameters, updating scenarios input database, and processing report of output database.• Created calibration tools based on regression model to calibrate DAYZER simulation results for final forecasted prices.• Maintained networks base case in power world, resolved mapping issue for transmission outages/constraints/contingency, and developed tools to automatically calculate generation/transmission shift factor (PTDF) focusing on DA/RT constraints/contingency.• Performed reliability analysis in Powerworld on generation/transmission upgrading and interconnection projects. Show less
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GenOn Energy
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United States
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Utilities
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300 - 400 Employee
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Sr. Transmission Engineer
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2010 - 2012
• Provided daily trading support for PJM/MISO, analyzed RT/DA congestion, and traced potential drivers from aspects of transmission, generation, and load. Supplied forecasting information regarding congestion to front desk. • Developed automatic transmission outages evaluation tools based on Excel VBA to publish daily transmission outages outlook report to front desk. • Designed automatic shift factor calculation tool in Powerworld and Excel and performed generation sensitivity analysis on daily RT/DA constraints. • Performed virtual bid analysis in DA market via power flow analysis. • Performed daily power market prices evaluation and forecasting on UPLAN PJM model. • Performed monthly power market prices backcasting and forecasting based on UPLAN model. • Handled PJM, MISO, NYISO, and NEISO model maintenance. • Performed PJM and NYISO CETL and reliability analysis based on PSS/MUST and PSS/E. Show less
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Iowa State University
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United States
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Higher Education
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700 & Above Employee
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Research Assistant
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2007 - 2010
Finished the PSERC project S-32 "Fast Simulation, Monitoring, and Mitigation of Cascading Failure", supported by PSERC (Power Systems Engineering Research Center, USA), May. 2007 to Sep 2009. Doing the DOE project "New Security Tools for Real-Time Operations", supported by DOE (Department of Energy, USA), since Oct. 2008. Developed a new security tool called high-speed extended term time domain simulator (HSET-TDS) with sequential and parallel versions based on Windows VC++2008 and Linux, which includes many different numerical methods to fully enhance the computational speed. Explored many different numerical methods to accelerate time domain, such as Hammer-Hollingswoth 4 (HH4), Super Waveform Relaxation, efficient Stiffness Decoupling Strategy. Explored many parallel algorithms for solving differential algebraic equations to accelerate time domain simulation of power system based on high performance computer such as BlueGene/L ect. Show less
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NR Electric Co., Ltd
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China
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Appliances, Electrical, and Electronics Manufacturing
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100 - 200 Employee
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Marketing Engineer
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2006 - 2006
Experienced three months practice about how to produce protection relays, including manufacturing, chips assembling, and equipment debugging. Involved in international marketing projects about constructing relay equipments at substations in India, Vietnam, Nigeria, ect. Experienced three months practice about how to produce protection relays, including manufacturing, chips assembling, and equipment debugging. Involved in international marketing projects about constructing relay equipments at substations in India, Vietnam, Nigeria, ect.
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Research Assistant
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2003 - 2006
Finished the project "Probabilistic Assessment System for Security of Henan Province Power System and the Dynamic Security Region to Guarantee the Transient Stability for this Power System" (whose fund is 3,000,000 RMB), supported by Electric Power Communication Center of Henan Province, China, Oct. 2003 to June 2005. The theory of probabilistic security assessment based on the dynamic security region was explored and several probabilistic models were developed according to stochastic theory. On-line software for analysis and calculation based on the operation system of Unix was developed, including visualization of probability curve and bar chart. Show less
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Education
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Iowa State University
Ph.D, Electrical Engineering in Electric Power & Energy Systems -
Tianjin University
M.S, Electrical Engineering -
Tianjin University, China
B.E., Electrical Engineering