Jack Philips

Jack Philips Email and Phone Number

Senior Manager, Asset Portfolio at Direct Energy @ Direct Energy
Jack Philips's Location
Jackson Township, New Jersey, United States, United States
Jack Philips's Contact Details
About Jack Philips

Experienced Portfolio Manager with a demonstrated history of working in the utilities industry. Skilled in Petroleum, Electric Power, Management, Electricity Markets, and Contract Management. Strong finance professional with a Master of Business Administration (M.B.A.) focused in Finance, General from Isenberg School of Management, UMass Amherst.

Jack Philips's Current Company Details
Direct Energy

Direct Energy

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Senior Manager, Asset Portfolio at Direct Energy
Website:
directenergy.com
Employees:
5001
Jack Philips Work Experience Details
  • Direct Energy
    Senior Manager, Asset Portfolio
    Direct Energy Jun 2016 - Present
    Houston, Texas, Us
    • Manage the Asset Trading, Asset Operations and Asset Optimization Teams• Develop and execute strategies to optimize the Northeast generation portfolio• Maximize capacity, power, and gas hedges to achieve company P&L targets• Ensure compliance to all ISO processes, procedures and rule changes• Evaluate RFPs, EMAs and Toll contracts for potential issues, risks, costs and overall value
  • Direct Energy
    Supervisor, Power Trading
    Direct Energy Jan 2014 - Jun 2016
    Houston, Texas, Us
    • Manage Wholesale Operations Trade Team• Optimize Northeast generation capacity through testing, bilateral transactions and auctions• Execute power, gas and emission hedges for PJM, NYISO and ISONE generation assets• Provide power and capacity hedging opportunities to clients• Evaluate RFPs, EMAs and Toll contracts for potential issues, risks, costs and overall value.• Create optimization strategies for execution by the 24x7 Operations Team
  • Hess Corporation
    Electric Operations Specialist
    Hess Corporation Jul 2010 - Dec 2013
    New York, Ny, Us
    • Manage 24x7 Wholesale Electric Operations Desk• Develop load and generation management tools, procedures and strategies to simplify processes and minimize errors• Train Operations Team in power trading and portfolio management• Maximize the value of tolling deals and managed generation through hedges, energy, capacity and ancillary markets • Assist in evaluation of potential asset management, toll or HRCO deals• NERC Compliance Officer for NPCC and RFC• Account Administrator for PJM, NYISO, ISONE, EPA CAMD, COATS, GATS & GIS
  • Hess Corporation
    Supervisor, Electric Load Forecasting
    Hess Corporation Sep 2007 - Jul 2010
    New York, Ny, Us
    • Create short and long term hourly forecasts for Retail and Wholesale deals in PJM, NYISO and ISONE• Assist Accounting and Billing with revenue forecast and ISO bill reconciliation• Generate and maintain unique regression models for each BGS/SOS Deal• Reverse engineer and enhance in house forecasting applications• Technically manage programmers/consultants to improve forecasting tools• Create processes to improve workflow and forecast accuracy
  • Pseg Energy Resource And Trade
    Sr Energy Supply Specialist
    Pseg Energy Resource And Trade Jun 2005 - Sep 2007
    • Manage assets (12,000 MWs) in the Day Ahead and Real Time markets of PJM, NYISO and NEISO• Ensure the economic dispatch of energy production, ancillary services, maintenance outage coordination and bidding• Hedge ERT's position based on risk analysis of market conditions, weather, outages and transmission congestion• Arbitrage physical power through different power pools: primarily between PJM, NYISO and MISO • Execute short term physical and financial energy trades utilizing electronic exchanges and counterparties• Monitor, communicate and record market trends and significant operating events on a real time basis• Validate load forecasts and unit bids during off peak hours for accuracy, errors and omissions• Manage gas and fuel oil consumption, monitor liquid fuel inventories, and perform daily gas nomination estimates
  • Pseg
    Lead Senior Associate
    Pseg Jun 2001 - Jun 2005
    Newark, New Jersey, Us
    • Rapidly rose through the IT ranks and was selected to provide dedicated support for the Trading Company• Ensure minimal downtime for the real-time trading operations• Liaison between the Trading Company and Corporate IT as well as External Vendors• Resident Microsoft Expert solely responsible for Microsoft Office support and training• Received “Special Achievement” awards and several “PRIDE” awards for Client Focused Service
  • United States Air Force
    Electrical Systems Specialist
    United States Air Force Mar 1993 - Mar 1997
    Randolph Afb, Tx, Us
    • Interior and Exterior Electrician• Cathodic Protection• Honorable Discharge

Jack Philips Skills

Energy Electric Power Gas Energy Markets Natural Gas Energy Industry Commodity Markets Renewable Energy Hedging Power Generation Commodity Trading Electricity Petroleum Electricity Markets Power Plants Oil And Gas Management Risk Management Project Management Oil/gas Energy Management Contract Negotiation Contract Management Forecasting

Jack Philips Education Details

  • Isenberg School Of Management, Umass Amherst
    Isenberg School Of Management, Umass Amherst
    General
  • City University Of New York-College Of Staten Island
    City University Of New York-College Of Staten Island
    Computer Science

Frequently Asked Questions about Jack Philips

What company does Jack Philips work for?

Jack Philips works for Direct Energy

What is Jack Philips's role at the current company?

Jack Philips's current role is Senior Manager, Asset Portfolio at Direct Energy.

What is Jack Philips's email address?

Jack Philips's email address is jp****@****hoo.com

What is Jack Philips's direct phone number?

Jack Philips's direct phone number is +171875*****

What schools did Jack Philips attend?

Jack Philips attended Isenberg School Of Management, Umass Amherst, City University Of New York-College Of Staten Island.

What skills is Jack Philips known for?

Jack Philips has skills like Energy, Electric Power, Gas, Energy Markets, Natural Gas, Energy Industry, Commodity Markets, Renewable Energy, Hedging, Power Generation, Commodity, Trading.

Who are Jack Philips's colleagues?

Jack Philips's colleagues are Bhabtosh Biswas, Roberta Lipka, Janie Matthews, Ignacio Moreira, Jaron Pryor, Chip Gardner, Julia Schiavi.

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