Michael Hogue Email & Phone Number

Detroit, Michigan, Us

Drive financial and physical trading to optimize spec and load books; maintain trading positions in MISO, PJM, NEPOO, NY, ERCOT, and natural gas markets. Responsible for 550 MW CC plant in MISO, (7days/wk-365 days/yr.) Provide direction on trades to real-time personnel. Provide insight on market movements and trade strategies, pricing, and trading options for both the structure and retail desk. * Responsible for responding to request for proposals (RFP’s).* Originating and negotiating PPA’s and transaction in the wholesale markets.* Initiated additional counter parties, which included instate customers, and developed short/long-term power supply procurement strategies.* Created a credit reporting system to allow traders to check credit worthiness of a counter party.

I was hired to start the American trading desk - for a wholly owned subsidiary of a major Canadian natural gas company with $13M in assets. I successfully traded energy markets and determined pricing strategies at all major trading points throughout North America. I expertly responded to volatile market adjustments and met client expectations − factoring in liquidity, price discovery, and forward-price risk management to optimize profitability. I effectively utilized diverse online buy/sell Internet platforms and market study tools to generate efficiency and profit factors, and set and verified pricing to structured sales team. I also managed green credits on real-time desk, and served as manager of real-time operations (24/7/365) with five traders and three schedulers. Significant achievements include meeting or exceeding budgets yearly, and the first to introduce green power credits to the University of Michigan.

Jackson, Michigan, Us

My tenure at Consumers was two-fold, as I served both as trader and system operator, each for one year. As Trader, I managed all physical asset optimization of regulated power plants for one of the nation's largest combination utilities, providing electric and natural gas service to more than 6 million of Michigan's 9.5 million residents. I successfully analyzed, investigated, purchased, and coordinated power transmission reservations on various systems/platforms, and identified and implemented corrective actions during transmission load relief curtailment tactics, resourcing, etc.As System Operator, I analyzed hourly energy schedules and made transactions in real-time markets, and monitored obtainable system loads and dispatched generation to meet efficiency and economic factors. I managed all physical tagging and transmission reservations, TLR related actions, and hourly trading to optimize all utility assets. I forecasted hourly and day-ahead loads and managed real time load adjustments. Additionally, I successfully evaluated market conditions and developed strategies to optimize available resources, maintained detailed records; provided coverage on a 24/7, 12-hour continuous rotating shift; including days, evenings, weekends, and holidays.

Us

I successfully managed supplier/purchasing requisitions, and negotiated purchases with vendors. Held accountability for quality, inventory control, shipping rates, and logistics. I ensured product volumes and order flow, optimized orders to achieve sales objectives, and purchased all raw materials for all factory machinery. My successes here include optimizing supplier performance, thus reducing costs, and 100% on-time parts delivery with 98% part accuracy..

I managed the day-to-day operations of 4 departments for a manufacturer/distributor of aftermarket automotive and truck supplies and accessories. I successfully negotiated carrier rates/services, and planned and managed special projects. I also trained, reviewed, and evaluated 50+ production workers and 4 supervisors. My achievements include maintaining inventory control by first-in/first-out, keeping inventory costs and warehouse space down, and lowering shipping costs 30% by negotiating shipping rates.