Graduating from the Pennsylvania State University in 2016, John Schwenck received dual-degrees in Economics and Supply Chain & Information Systems along with a minor in Statistics. John saw the initial connection between energy and finance through his early work experience as an intern at Cummins Inc., focusing on fuels and lubricant logistics, as well as through a sales & trading externship for the Bank of America Merrill Lynch, learning the fundamentals of order-driven market behavior that focused on maximizing forex and commodity P/L.
The combination of John’s passion for the financial markets, the energy industry, and statistical modelling drove his ambition to expand the school’s horizons by creating an organization that would allow students to parlay their academic knowledge learned in the classroom into real-world application, focusing specifically within the energy space, while also allowing members to get published and bring their research to the next level. He strived to extend PSEMA’s outreach equally among all Penn State colleges and other pertinent organizations to encourage a truly representative student body that would encapsulate all facets of energy marketing from Finance to Petroleum Engineering to Meteorology and every major in between. Serving as PSEMA’s inaugural Vice President, John led meeting presentations, formed relations with corporate partners, and spearheaded all statistical and economic analysis for the organization’s monthly newsletters during his tenure.
John currently holds a position as an Energy Analyst for South Jersey Industries focusing on financial valuation, strategic analytics, and gas scheduling / trading operations and often states that the experience of running the organization and the knowledge acquired through PSEMA has truly put him ahead of the learning curve professionally. He can be reached at 973.610.8220 or via email at firstname.lastname@example.org.
Alex Minns graduated from the Pennsylvania State University in 2016 with dual degrees in Energy Engineering and EBF (Energy Business & Finance). While at Penn State, he developed a passion for energy markets and trading through his EBF coursework. He grew particularly interested in electric power systems and subsequently enrolled in graduate-level electives on optimal power flow modeling and electricity market design. His first real-word exposure to energy marketing came during his internship with Delta Energy in Columbus, Ohio. At Delta, he gained a holistic understanding of energy supply logistics and was inspired to co-create the Penn State Energy Marketing Association. His goal was to provide an outlet for Penn State students to learn about this complex industry beyond the fundamentals taught in the college classroom.
As PSEMA’s inaugural President, Alex organized meetings, maintained official recognition with Penn State faculty and departments, allocated research responsibilities to members, and oversaw the creation of PSEMA’s signature newsletters as the Executive Editor. Working closely with the Vice President, Alex ensured all deadlines were met, all data and research was accurate, and above all, that members were acquiring knowledge not typically taught in a classroom setting. He achieved this by organizing guest presentations from energy marketing and trading professionals exclusively for PSEMA members.
Alex currently works for ETC Endure Energy, a subsidiary of Energy Transfer Partners, as a real-time power trader. His responsibilities include physical power flows amongst regional transmission operators, executing deals with counterparties, and his favorite, virtuals trading. Speaking on his job, Alex said “I am very fortunate to have entered a trading environment right out of college, especially the virtuals markets. I dedicate a lot of my time to trading ‘virts’ and up-to-congestion plays across several of the country’s RTOs. It’s fun and exciting, and I’m able to apply the skills I acquired through PSEMA as well as the methods and modeling techniques I learned through my energy engineering coursework.” Alex can be reached at email@example.com.