Mark Venning Email & Phone Number

Sydney Area, Australia

Responsibilities include bidding and dispatching of gas-fired generation in the NEM (National Electricity Market) on Australia's East Coast, and the Wholesale Electricity Market (of Western Australia) to deliver maximum efficiency and gross margin for Alinta's wholesale portfolio. I develop and execute short-term trading strategies involving negotiating spot gas contracts and hedging customer loads in the East Coast gas markets including the STTM (Short-Term Trading Market), Wallumbilla GSH (Gas Supply Hub) and the Victorian DWGM (Declared Wholesale Gas Market).

Wellington, New Zealand

I managed the Financial Transmission Rights (FTR) valuation model, including providing critical, timely and accurate guidance to the Electricity Hedge Traders on FTR pricing and hedging strategies. I played a key role in facilitating effective management of nodal pricing risk and driving Meridian’s competitiveness in the FTR market.

Melbourne, Australia

Responsible for forecasting, managing and reporting the Company’s earnings and exposures with respect to its Generation and Retail portfolios in the National Electricity Market. I also provided advice to the Energy Trading Team regarding optimal hedging positions, and monitored and reported compliance with the company’s Risk Management Policy.

Wellington, New Zealand

Traded energy derivative products on the New Zealand Electricity Futures and Over-the-Counter (OTC) markets to optimise the Company’s portfolio hedge position. This role included implementation of Meridian’s Portfolio Plan through effective negotiation and execution of hedge contracts, and providing clear and timely reporting of Meridian’s portfolio position to the Energy Trading and Portfolio teams.

Wellington, New Zealand

Traded energy on the New Zealand Electricity Spot Market, working a 24 hour, 7 day shift roster. This role included analysis of weather forecasts, hydro lake levels, plant capability, transmission constraints and competitor behaviour, with the objective of optimising the company’s Net Energy Revenue (NER) performance.

Wellington, New Zealand

Compiled various statistical information releases including the Consumers Price Index, Gross Domestic Product and the Value of Building Consents Issued. This work included data entry and processing, analysis of data, production of data tables and writing reports for a public audience.