Gary L. Schultz, Phd, Erp Email & Phone Number

Consulting to participants in power markets, including:+ Resource planning methodology with flexibility requirements induced by intermittent generation (such as wind and solar). + Hedging and structuring to support financing for merchant plant.+ Design of commercial operations function for merchant generators. + Cash flow at risk models for merchant wind generators.+ Energy risk systems.

Baltimore, Maryland

Teach energy commodity markets, with a focus on quantitative and risk models for power and gas. This course is part of a top 10 Masters in Financial Mathematics program: http://engineering.jhu.edu/ams/2015/11/25/our-mse-in-financial-mathematics-program-ranked-8th-by-the-financial-engineer

US Power Generating Company owned 5 GW of generating capacity in New York City and the Boston area. I managed all enterprise risk of the firm, including commodity price risk, outage risk, market structure risk and any other risk that could affect the wellbeing of the firm.

Structured static hedges for portfolio of generating plants with fuel switching capability. Built Financial Engineering models to price and manage commodity exposures. Most of this time, worked as a consultant to USPG while running my own consulting firm.

I have worked for numerous clients in the energy business doing things like:+ quantative analysis for energy commodities+ market analysis for M&A+ valuation for utility RFOs+ model validation+ representative at ISO (market operator)+ representative to energy software vendor

Portfolio analytics.

Deal origination and structuring.Pricing and valuation.Trading and risk systems.

Managed a portfolio of fossil and hydro plants with load obligations in ISO-NE power markets. Design and implementation of bidding tools for ISO-NE. Represented the firm in various market rule development venues.

Managed economics of generating portfolio daily to one year out (for hydro). Prepared business processes and tools for operating power plants in California ISO and PX markets.

Stochastic programming techniques for hydro reservoir optimization.Production simulation.