Negotiates sales and purchases of wholesale power, financial instruments, and emissions credits consistent with the strategic direction of the Company. Identifies sales/purchase opportunities and aggressively negotiates energy sales and purchases with other utilities/organizations and/or financial institutions. Develops professional relationships with wholesale power marketers, traders, brokers, and the financial community to enhance the Company’s ability to profitably grow the wholesale power business.
Responsibilities of this position include the following:
Purchase energy, electric, and/or gas to meet current system load requirements.
Collaborate with other real-time traders to optimize available generation assets such as gas and hydro.
Negotiate the sale of excess power within the day to maximize profitability and utilization of resources.
Collaborate with hydro planning, forward and gas trading to develop the most efficient operating strategy.
Monitor the dispatch of the Company’s generating assets on an hourly basis.
Establish and maintain professional relationships with wholesale power marketers, traders, brokers, and the financial community.
In addition to the above, mid-level will also include the following responsibilities:
Develop an hourly generation strategy to balance Company’s load position .
Analyze and evaluate energy transactions to ensure that all relevant aspects including energy price, transmission, counter party and contractual terms are favorable to and consistent with company guidelines for risk management.
Develop short term trading strategies to increase corporate margin through optimization of the Company's portfolio of generating assets. Requirements of this position include the following:
Bachelor’s Degree in Finance, Economics, Marketing or a related field; or the equivalent combination of education and experience.
Analysis skills in order to understand market conditions and to identify sales/purchase opportunities.
Selling skills in order to identify, negotiate, and close on sales and purchase opportunities.
Ability to acquire NERC Balancing & Interchange certification within ninety days of hire (Company training resources are available).
Communication and interpersonal skills to develop industry contacts, establish relationships, influence others’ positions and negotiate outcomes.
Proficient with the use of personal computers and automated tools to support trading activity.
Understanding of financial modeling, risk assessment, commodity management, electricity and natural gas trading practices.
In addition to the above, candidates may be considered for a mid-level position if they also meet the following requirements:
A minimum of three years experience in energy trading.
Preference may be given to candidates who meet the above requirements and have the following:
Current NERC Balancing and Interchange certification.
Knowledge of Company policies, procedures, and practices, and applicable federal, state, and local laws and regulations.
All offers of employment are contingent upon the successful completion of a background check and drug screening.
Pacificorp - 18 months ago