Power Plant Management
Resume:
Patrick R. Farace
**** **** ******, ** ? Washington, DC 20001 ? 202-***-**** ?
****.******@***.***
Experience: U.S. Energy Information administration (EIA)
Washington, DC
Subject Matter Expert - Energy Pricing and Financial Risk
Analyst May 2008 - present
Office of Energy Analysis
. Evaluates effectiveness of EIA's energy futures data quality
controls, recommend actions.
. Conducts comparative analyses and independent assessments of
the over-the-counter energy markets.
. Provides expert written reports to senior management on all
energy financial market issues.
. Acts as expert analyst for Smart Grid as well as EIA
publications regarding energy infrastructure.
. Authored, "Regional Renewable's Development versus National
Renewable's subsidies.
. Led the analysis of "Correlation between Renewable Subsidies
and the Price of Hydrocarbons".
Lead Energy Analyst
2004 - 2008
Office of Energy Analysis
. Evaluated effectiveness of EIA's energy data quality
controls, recommend actions.
. Provided comparative analyses, written reports, and
independent assessments energy issues.
. Subject Matter Expert for energy futures, electricity
transmission, natural gas and renewables.
. Co-authored the "Study of Renewable Subsidies' Effect on
Energy Markets".
Amerex Energy Corporation
Sugar Land, TX
Director/Partner - Natural Gas and Electricity Risk Management
and Trading 1997 - 2004
. Provided policy analysis, technology research and direction
on electricity and natural issues.
. Advised customers on commercial opportunities based on
changes in national energy policy.
The Coastal Corporation
Houston, TX
Director/Sr. Vice President - Risk Management & Trading
Electricity and Gas 1996 - 1997
. As senior advisor to the Chairman, proved policy analysis on
petroleum, natural gas, and electricity supply and demand,
energy end use and efficiency, and global climate change
policies.
. Represented the company before the Federal Energy Regulatory
Commission (FERC) and the Public Utilities Commission;
testified on electricity transmission grid reliability and
natural gas transmission grid reliability.
Equitable Resources
Houston, TX
Director/Vice President - Energy Commodity Derivatives and
Options 1992 -
1996
. As managing Director of the Natural Gas and Electricity Desk,
provided direction for the company regarding policy decisions
and investment opportunities in the areas of electricity,
petroleum, and natural gas.
. Designed new and innovative financial products, such as
Structured Transactions, which included replicating
refineries, natural gas reserves and petroleum storage.
. Traded around storage facilities, LNG Pipeline and natural
gas production.
. Conducted financial analyses of petroleum and natural gas
investment opportunities.
Metallgesellschaft Corporation
Houston, TX
President and Chief Operating Officer MG Natural Gas
1991 -
1992
. Conducted a top-to-bottom restructuring of Metallgesellschaft
Corp. subsidiary merged into MG Refining and Marketing.
. Restructured struggling natural gas producer, trader and
marketer and educated personnel in all aspects of financial,
organizational and operational structures; produced a
turnaround of $22 million in profits in 18 months.
Salomon Inc
New York, NY
Director/Vice President - Natural Gas Trading and Derivative
Products 1987 -
1991
Phibro Energy Inc., Phibro Energy Resources, Phibro Energy
Natural Gas Storage.
. Initiated design and implementation of the first investment
banking products for natural gas; averaged annual profits in
excess of $47 million over four years.
. Created the company's first commercial and independent
development of a natural gas storage facility.
Citizens Energy Corporation
Boston, MA
Director - Natural Gas Trading and Marketing
1985
- 1987
. Directed a staff of seven in sales, marketing, transportation
and exchange, and supply to build one of the first and (at
the time) largest natural gas marketing companies.
Hogan and Hartson
Washington, DC
Intern for Oil, Gas, and Electricity
1983 - 1985
Represented the firm at the FERC during the early days of
natural gas deregulation, which required intense study of
national energy policy.
Education: The American University
Washington, DC
M.A., Business and Regulatory Affairs
June 1985
Minor in Government Management and Administration
Cum Laude
Moravian College
Bethlehem, PA
B.A, History/Political Science, Minor in Education
June 1983
The US Military Academy
West Point, NY
2 yrs. coursework in Engineering, Minor in History
June 1978 - September1980
George Washington University
Washington, D.C.
Masters Certificate in Project Management
September, 2009 - December, 2009
Training Seminars on Energy Policy
. "Energy Industry Study Program": 12 week certificate course.
A comprehensive study of the oil, natural gas and electricity
and weather and global climate change policies.
. "Ending the Energy Stalemate": seminar on enhancing petroleum
security, reducing risks from climate change, increasing
energy efficiency, ensuring affordable and reliable energy
supplies, strengthening essential energy systems and
developing energy technologies for the future.
Management Courses:
. Leading People: Coaching and Counseling for Improved
Performance; Senior Executive Service Career Development
Program (USDA Graduate School); Public Speaking Seminar; EEOC
Sensitivity training for Management; and Sexual Harassment
Sensitivity training for Executives.
Statistics and computer applications:
. Qualitative and quantitative disciplines seminars, computer
training courses in linear programming and options modeling
and design (specifically Power Plant Modeling and strategy),
regression analysis, SAS Scatterplot Editing, Information
Services, Excel and Oracle Databases, some Access.
Affiliations Electricity Transmission Association
June 1997 - Present
Derivatives and Options Associations
April 1991 - Present
NYMEX Advisory Committee
December 1987 - Present
Texas Oil and Gas Association
February 1985 - Present
Interests Design, build and restore homes, U.S. History, dogs, biking,
tennis, and sailing.
Contact this candidate