Director - Wholesale Energy Advisor

• Nov 2015 - Present

Boutique advisory firm specialising in wholesale energy markets (electricity, gas, renewable, oil and carbon) - strategic and commercial expertise: • Energy derivatives and commodity markets: origination and hedging • Strategic review of commercial operations: financial and economic due diligence. • Negotiation of complex commercial agreements (corporate PPAs, long term supply contracts, cross/multi commodity agreements). • Development of hedging and risk management policies. • Set-up of wholesale/trading operations. Recent assignments include: - Head of Commercial Risk (vertically integrated utility): elec, gas, renewables and treasury. - Commercial strategy adviser (developers, retailers, large energy users): led commercial negotiations (elec, gas, PPA), go-to-market strategy. - Technical adviser (large C&I and group off-taker): led RFQ process and PPA negotiations. - Wholesale adviser (renewable generators and retailers): established wholesale trading capability and developed hedging strategy. - Commercial due-diligence on energy assets for building or acquisition: battery, pumped-hydro, renewable assets, VPP portfolio. We partner with your organisation to harness the exciting developments the energy market offers; to remain competitive, respond to market and regulatory changes and embrace the emergence of new energy management practices and solutions. Website: https://www.adour.com.au Show less

Manager Strategy and Portfolio Optimisation (Wholesale Gas)

• Apr 2013 - Aug 2015

Development and shaping of AGL's wholesale gas strategy. Leading of analytical team: portfolio optimisation, pricing and valuation, competitive and market analysis.• Successfully settled price review negotiation prior to arbitration.• Led negotiation of gas transportation and supply agreements.• Formulated AGL's response to IPART's review of Gas Retail Tariffs in NSW.• Drove the development of oil hedging strategy and set-up of oil derivatives trading operations (brent, JCC).• Planning, forecasting and Performance Management - covering EBIT up to $300m. Relevant & publicly available links:•AGL secures gas supply until 2020 with Bass Straight agreement (9 March 2015)http://www.asx.com.au/asxpdf/20150409/pdf/42xsht9g3zwn3b.pdf Show less

Contracts Manager & Origination (Wholesale Electricity)

• Jul 2012 - Mar 2013

Origination and negotiation of structured electricity wholesale agreements with large C&I and commercial partners/developers (PPA, off-take agreements, multi-commodity hedges...):• Restructured a major 20 years power and renewable supply agreement.• Oversaw the review of business processes (from sale point to settlement) resulting in $m+ cost saving per year.

Manager Energy Markets (Wholesale and Trading)

• Jun 2008 - Aug 2012

Commercial oversight of all market facing activities (hedging and proprietary trading). In 2009 & 2010, the role extended to leading the physical market division (pool bidding and generation dispatch):• Completed major 20 year long supply agreement with Alcoa (in excess of $6bn), securing half LYA generation capacity.• Oversaw effective hedging practice, enabling LYA to meet its project finance obligations and successfully secure re-financing.• Transacted Australian first carbon deal (CER), laying the foundation of Loy Yang carbon strategy ahead of the introduction of Emissions Trading Scheme in Australia.• Led the successful development and marketing of sophisticated hedging solutions to support entry of new-start retailers in Australian Energy market.• Planning, Forecasting and Performance Management - responsible for EBIT of $300m.Relevant & publicly available links:• Loy Yang Power completes refinancing of A$455 million senior debt (30 Sept 2010) http://www.asx.com.au/asxpdf/20100930/pdf/31strlp21zz1nn.pdf• Alcoa of Australia announces new power contracts with Loy Yang Power until 2036 (3 March 2010)http://www.asx.com.au/asxpdf/20100301/pdf/31p0qgm3c4psl0.pdf• Australia's Loy Yang Power in landmark carbon deal (29 April 2009)http://www.carbonoffsetsdaily.com/news-channels/australasia/power-station-signs-first-ever-carbon-trading-deal-6959.htmhttp://www.carbonoffsetsdaily.com/news-channels/australasia/update-2-australias-loy-yang-power-in-landmark-carbon-deal-7050.htm Show less

Senior Energy Trader

• Nov 2003 - Jun 2008

Lead trader of electricity related derivatives for Trading and Hedging Purposes:• Electricity derivatives trading (OTC and Futures), incl carbon emissions and weather derivatives.• Marketing and pricing of structured derivatives products (options, load following contracts).• Strategic and risk analysis.

Electricity Broker & Business Development

• Jul 1998 - Jan 2003

• Development and marketing of structured products and energy related commodities. • Marketing of new products and strategies to incumbent players and emerging market participants. • Intermediation of physical and derivatives Electricity Contracts in Germany Switzerland and France. • Market analysis of European Countries with respect to their energy policy and liberalisation process. • Led TFS Energy Division expansion strategy in continental Europe. • Development and marketing of structured products and energy related commodities. • Marketing of new products and strategies to incumbent players and emerging market participants. • Intermediation of physical and derivatives Electricity Contracts in Germany Switzerland and France. • Market analysis of European Countries with respect to their energy policy and liberalisation process. • Led TFS Energy Division expansion strategy in continental Europe.

Eurobond Dealer

• Mar 1997 - Jul 1998

Interest Rate Swaps Dealer

• Apr 1996 - Mar 1997

Box/Pitt operator & settlement - French Notionel Bond (internship)

• Jun 1995 - Sep 1995