About
Timothy Kramer brings almost three decades of experience to his work in the energy industry. Most recently, he served as the chief commercial officer for The Blackstone Group/Kindle Energy in Houston where he guided hedging operations for the company’s portfolio risk. His responsibilities included aggregating myriad commodity positions, determining overall exposure, devising hedging strategies, optimizing collateral and credit, and developing an overall commercially viable corporate risk system. In this position, Kramer managed a combined portfolio of generation and transmission greater than 10,000 megawatts.
Prior to joining The Blackstone Group/Kindle Energy in 2014, he spent two years as the head of structured origination for Cargill Energy Marketing where he developed standardized deal valuation tools and hedging techniques to generate $10 million in structured origination. Beginning in 2009, Kramer served as the chief commercial officer for Conectiv Energy in Delaware. While at Conectiv, he managed over 5,000 MW of load, generation, natural gas storage, renewables and origination efforts, and also played an integral role in Conectiv’s sale to Calpine. Additionally, Kramer spent nearly a decade as a trader, first on Wall Street trading foreign exchange and later trading energy in Houston.
In the early 1990s, as a United States Navy Lieutenant, Kramer taught engineering classes at the Surface Warfare Officers School Command in Newport, Rhode Island. Concurrently, he earned a Master of Business Administration degree in 1992 and a Master of Science in Accounting in 1993, both from the University of Rhode Island.
Additionally, Kramer authored the textbook Energy Derivatives: Trading and Risk Management. He subsequently developed an Energy Derivatives curriculum for the Jesse H. Jones School of Business at Rice University where he taught graduate level classes for two years.
A firm believer in lifelong learning, Kramer has also been certified a Financial Risk Manager by the Global Association of Risk Professionals (GARP).