Eric Linder Email & Phone Number

Juno Beach, Fl, Us

Provided group leadership for the day-ahead traders and schedulers in PJM, NE-ISO and MISO.Provided oversight to minimize opportunity for errors and effectively communicate asset offer strategies and market conditions with business managers.Lead periodic review of asset offer assumptions including basis, fuel costs, and self-scheduling vs. offering units economic, and major maintenance market timing.Lead the MISO DIR transition effort including registering assets with MISO, coordination with metering and telemetry groups, and assisting with persuading off-takers the value of converting to DIR early.

Juno Beach, Fl, Us

Managed portfolio of customers totaling 5000MW and annual fees exceeding budget.Developed pricing and demonstrated expertise to prospects to assist origination to competitively bid new customers.Worked with EMS customers to develop offer strategy for power and capacity.Lead customer efforts with one-off requests such as; becoming eligible to provide regulation services, finding partners for composite-offers, and participation in a world energy auction to sell capacity.Developed reporting to meet the needs of EMS customers.Implemented “1-page” hourly desk information sheets to reduce operational errors and increase hourly desk familiarity with EMS customer assets.Lead the effort to transfer assets into and out of PJM and NE-ISO Nextera Energy Accounts including the coordination of efforts regarding dispatch, settlements and capacity.

Provided functional group leadership and strategic direction for Supply & Pricing department supporting growth in gross margin by 300% from 2006 to 2009Exceeded profitability targets for load optimization P&L for cash markets in ERCOT, and day-ahead to real-time in NEPOOL, PJM, and MISO.Actively monitored pricing models for shaped energy prices, load following adders, capacity cost estimates, working capital costs, renewable energy costs and evaluate contracts and tariffs to determine appropriate pricing strategies and support custom bid requirements with ongoing validation vs. settlement.Accountable for deal performance as measured by forecasting accuracy and portfolio optimization. (Starting from customer data through settlement) attaining positive ERCOT portfolio margins in 2008 (despite hurricane IKE, ancillary blow outs and MCPE blowouts)Forecasted and reported to upper management net position and market exposure.Reviewed and presented to executive management hedging strategies consistent with product structures and sales teams expectations on an individual deal and a portfolio level in ERCOT, PJM, NEPOOL, MISO.Negotiated with regional term, short term, and transmission traders as well as originators to find best markets and products for energy, ancillary, and capacity with standard and non-standard hedge products in all US markets.Analyzed marketplace for margin opportunities and implemented corresponding commodity products.Created several new and innovative retail commodity products for electric retail power customers.Participated in development of contract structures consistent with pricing assumptions and risk appetite.

Managed the daily activities of WECC and ERCOT Cash Traders, schedulers, and Hourly Desk.Developed strategies to maximize the profitability of 9000+mw of generation throughout the U.S including combined cycle, nuclear, wind, and hydro in WECC, ERCOT, PJM and NEPOOL. This includes making strategy decisions regarding unit capacity, local markets, fuel constraints, balancing energy bids, transmission charges and penalties, dispatching units against clearing prices, and transacting in bilateral markets.Exceeded short-term asset optimization goals in 2003 & 2004 by over 30%Created hourly desk arbitrage trading in 2004 through FPLE risk assessment and approval process for several intra-day and next day arbitrage strategies. Worked with upper management, risk group, and accounting to get approval. Exceeded non-asset hourly desk trading P&L goals in 2005 by over 300%.Performed as cash trader on temporary basis for both WECC and ERCOT.In the WECC, managed FTRs on a day-ahead basis and mitigated congestion positions to fill SP-15 obligations from generation in the desert south west.In ERCOT, managed combined cycle portfolio to meet forward obligations, transact in the day-ahead market, bid units in ancillary service markets, schedule outages, interface with ERCOT client rep. Assist accounting with books consisting of 10 internal portfolios and 6 scheduling entities.PJM experience bidding day-ahead and real-time LMP.

Proved abilities in hourly markets to recognize opportunities to increase profitability, mitigate risk exposure, and work as a team player to receive promotion to manager.Balanced time constraints in 4 ISO's and 3 time zones to ensure units under our supervision in ERCOT, WECC, PJM, and NEPOOL operate with-in the bounds of their regional rules.Implemented many real-time strategies; including reverse tolling merchant assets in ramping hours, making bilateral transactions to position units to best take advantage of market clearing price, and mitigate fuel over/under burns. Developed methodology for calculating hourly asset optimization in 2003 which is still used today.

Traded real-time power across WECC, using all WECC transmission systems and CAISO.Utility experience managing El Paso Electric's real time generation and load.

Bachelor Of Science, Mathematics

Education record