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Revised as of Monday, September 21, 2020

ACES provides a broad suite of energy trading and risk management services. ACES has the following exciting opportunities available.

Energy Trader
Locations: Maple Grove, MN

This position will be responsible for the management of generation and native load requirements of any participating member or client. This position will be accountable for generation and load scheduling, demand side management, transmission purchases, energy transactions, market interaction, hourly sales of member’s generation or
contract resources and purchasing as required. 

REQUIRED QUALIFICATIONS

  • Bachelor’s degree in business or a related field or an Associate’s degree with applicable power trading experience from an institution accredited by an accrediting agency recognized by the US Department of Education.  
  • Previous business experience preferred to include price negotiation, data analysis and customer service. 
  • Demonstrated proficiency in computers, specifically Microsoft Excel. 
  • Competence with mathematics and technical concepts. 
  • High degree of analytical, attention to detail and organization skills. 
  • Effective written and oral communication skills as well as computer skills. 
  • Application and use of critical thinking skills. 

Trading Control Analyst
Location: Maple Grove, MN

This position is responsible for maintaining a sound trading control environment.

REQUIRED QUALIFICATIONS

  • Bachelor’s Degree in an appropriate discipline or 3+ years of work experience in related area.
  • Minimum of 2 years in the utility/power marketing or related areas.
  • Strong verbal and written communications skills and attention to detail.
  • Strong analytical, research, organizational, and interpersonal skills.
  • Solid aptitude for math, accounting, finance, auditing, and market economics.
  • Strong working knowledge of computer/PC and various software, especially the risk system and associated reporting tools.
  • Advanced knowledge of MS Excel – writing macros, functions and formulas.
  • Working knowledge of MS Access.
  • Strong analytical report writing skills.
  • Must be able to effectively follow through on projects and duties.
  • Ability to identify and solve problems
  • Ability to make decisions and prioritize their resolution.
  • Ability to identify and mitigate risk.
  • Must possess sound business judgment and professional skepticism.
  • Must be innovative, self-motivated, proactive, and work without constant supervision.
  • Must be able to manage and complete several projects simultaneously.
  • Must be a team player that is also capable of leading a team.

 

TO READ FULL JOB DESCRIPTIONS & APPLY: https://www.acespower.com/join-our-team/

Powering Possibilities …for Today & Tomorrow!

A leader in sustainable energy, TransAlta has over 100 years of experience generating power and is one of Canada’s top 50 Socially Responsible Companies since 2009, recognized as a global leader for sustainability and corporate responsibility standards. TransAlta operates 75 facilities in three countries; Australia, Canada, and United States.
This ought to do it.

TransAlta is committed to fostering a dynamic, productive and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountability, strong leadership and challenging opportunities for personal career growth.

Summary:
TransAlta is currently looking to hire a Term Trader, reporting directly to the Manager, East Trading. This role is responsible for generating P&L through term trading activities.



Accountabilities:

  • Accountable for determine areas of growth within trading parameters, including geographic and new product opportunities.
  • Accountable for implementing new strategies while respecting risk limitations and compliance guidelines.
  • Accountable for accurate reporting of positions and recording of market pricing and related process.
  • Accountable for ensuring adequate capabilities for pricing non-standard structured transactions (i.e., heat rate call options).
  • Accountable for maintaining strategy stops for each trader.
  • Accountable for delivering own P&L targets

    Qualifications, Skills and Experience:
  • University degree
  • Minimum of 3 years trading experience and demonstrated knowledge of Eastern energy markets (IESO, ISO-NE, NYISO, MISO, and PJM)
  • Proven history of positive trading performance
  • Understanding of financial risk measures
  • Understanding of energy derivatives
  • Demonstrated capability to make decision quickly and mitigate risks while ensuring compliance with prescribed parameters
  • Demonstrated capability to identify areas of growth and develop and implement plans and actions to achieve that growth
  • Demonstrated ability to build, lead and develop diverse teams
  • Demonstrated ability to coach and mentor others at various levels of the organization
  • Demonstrated ability to influence, negotiate and facilitate buy-in with a variety of stakeholders across functions

    Our comprehensive and flexible benefits, competitive compensation, incentive and rewards programs form the foundation of TransAlta’s excellent employment proposition

If interested, please apply on our website at https://jobs.transalta.com/job/Calgary-Trader-Real-Time%2C-West-AB/674511800/

Powering Possibilities …for Today & Tomorrow!

A leader in sustainable energy, TransAlta has over 100 years of experience generating power and is one of Canada’s top 50 Socially Responsible Companies since 2009, recognized as a global leader for sustainability and corporate responsibility standards. TransAlta operates 75 facilities in three countries; Australia, Canada, and United States.

TransAlta is committed to fostering a dynamic, productive and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountability, strong leadership and challenging opportunities for personal career growth.

Summary:

This position is accountable for real time trading and scheduling energy across geographically diverse markets with multiple counter parties and ISOs throughout Central and Western North America. Traders are expected to optimize corporate positions and assets, while mitigating plant contingencies and ensuring the integrity of firm contract obligations. Traders are accountable to develop and execute short-term physical and financial power strategies, to ensure the overall goals, growth targets and objectives of Energy Marketing are met.

We are currently seeking a competitive, results oriented individual, who can effectively operate in a Team based environment.  Individuals must demonstrate strong internal and external communication skills, with the ability to thrive in a high pressure and evolving workplace. This opportunity is currently available on our West desk located in our Calgary office. This position will work a 12-hour rotating schedule, days and nights.

Accountabilities:

  • Developing, implementing, and reviewing a 3 to 12 month financial and/or physical strategy and delivering the agreed outcomes for the West Desk.
  • Dynamically optimizing all corporate positions and assets.
  • Accountable for identifying and mitigating enterprise risk associated with West RT Trading.
  • Determining areas of growth within trading parameters, including geographic, time and fuel growth opportunities.
  • Asset management and leveraging asset optimization to maximize the gross margin and the value of TransAlta's energy assets while respecting risk limitations, safety, and compliance guidelines.
  • Managing and developing positive relationships with existing customers.
  • Develop and maintain functional understanding of key North American Trading Hubs, Regions, Power Pools, ISO’s, Control Areas and Electric Reliability Councils (i.e. AESO, Desert SW, Rockies) with specific trading development in Alberta, the Pacific NW, California, SPP, ERCOT and the surrounding WECC control areas.
  • Understanding and maintaining strict compliance to all of TransAlta's policies and procedures and applicable market regulation, rules, laws, business practices and other guidelines.

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Qualifications, Skills and Experience:

  • University degree in Commerce, Economics, or Engineering
  • Understanding of financial risk measures is an asset
  • Ability to make decisions quickly and mitigate risks while ensuring compliance with prescribed parameters.
  • Demonstrated knowledge of energy markets is an asset.
  • Ability to identify areas of growth, develop, and implement plans/actions to achieve that growth.
  • Ability to work collaboratively across the Western Energy trading team to meet growth targets, operationalize new commercial initiatives and find efficiencies across the teams while working within risk parameters.

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If interested, please apply on our website at https://jobs.transalta.com/job/Calgary-Trader-Real-Time%2C-West-AB/674511800/

This position will require the successful completion of background checks.

Our comprehensive and flexible benefits, competitive compensation, incentive and rewards programs form the foundation of TransAlta’s excellent employment proposition.

Come on board!

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Our commitment is to attract and retain the best talent. Some positions may require the successful completion of one or more background checks such as criminal, medical, or compliance. If these verifications are needed, they will be indicated on the job posting.

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SaltHill Group is searching for qualified candidates to fill several open positions with our clients including global energy companies, oil & gas majors, hedge funds, I-Banks, IPPs, proprietary trading firms, utilities, retail energy providers, and market research firms.  We work with companies nationwide.  Sample open positions include:           

FTR/CRR Traders, Position #1

Lead Real-Time ERCOT Power Trader, Position #2

Real-Time Power Trader, Position #3

Power Trading Analyst (Data Science Focus), , Position #4

Power Trading Analyst (Generation Focus), Position #5

Power Trading Analyst (Speculative Focus), Position #6

PJM Power Fundamentals Manager, Position #7

Senior Power Scheduler, Position #8

Finance Manager, Position #9

Senior Power Accountant, Position #10

For information on these open positions, please contact chynes@salthillgroup.com by e-mail and visit our website http://www.salthillgroup.com/candidates/opportunities/.

SaltHill Group
191 North Wacker Drive, Ste 2300
Chicago, Illinois 60606
chynes@salthillgroup.com
phone 312-422-1392

Position #1: FTR/CRR Traders – CaISO, ERCOT, MISO, NY, NE, Ontario, PJM or SPP Focus
Position trades in monthly, quarterly and annual auctions.  Required: advanced degree (PhD or master’s required, power engineering preferred), strong fundamental market knowledge, strong modeling and programming skills (power system economics, power flow and dispatch models), and prior profitable trading record trading FTRs/CRRs in a hedging or speculative trading environment.

Position #2: Lead Real-Time ERCOT Power Trader
Position focuses primarily on the ERCOT market and is integral to building a new power group from the ground floor. The trading focus will be dealing in the Next-Hour through Next-Day markets and exporting/importing power between ERCOT and Mexico and CaISO and Mexico at the tie-links (bilateral, spread and physical trading). The trading team also moves physical megawatts between NW-CAISO, SW-CAISO, etc.  The Lead Trader is responsible for hiring four additional real-time traders in the future, and it does not require shift hours other than back-up for the four direct reports. The existing power team has a strong background in the West/CaISO markets and is looking to add trading expertise in ERCOT. Responsibilities include: trading Next-Hour through Next-Day in ERCOT; managing four Real-Time Traders with shift schedules; providing data on market conditions to the Cash and Term Traders; establishing and building relationships with counterparties; capturing market opportunities based on real-time positions and analysis of market conditions; working with the Schedulers; and purchasing transmission. Required: a bachelor’s degree; 5 years’ experience in Real-Time power trading; experience moving physical flows; market knowledge in ERCOT; established network of customer and industry contacts; and a successful PnL history with an understanding of risk and reward.

Position #3: Real-Time Power Trader
Position is integral to building a new power group from the ground floor. The trading focus is in the Next-Hour through Next-Day markets, and is exporting/importing power between ERCOT and Mexico and between CaISO and Mexico at the tie-links (bilateral, spread and physical trading). The trading team also moves physical megawatts between NW-CAISO, SW-CAISO, etc. This position requires working shift hours. Responsibilities include: trading Next-Hour through Next-Day in an assigned ISO; providing data on market conditions to the Day-Ahead, Cash and Term Traders; building relationships with counterparties; capturing market opportunities based on real-time positions and analysis of market conditions; purchasing transmission; submitting real-time schedules and bids in ISO’s; working with the Schedulers on handoffs; and creating real-time tags for physical transactions. Required: a bachelor’s degree; 2-5 years’ experience in Real-Time power trading; market knowledge in CaISO, ERCOT or SPP (desired); strong understanding of the wholesale power markets including regional supply & demand; experience working with the interconnected bulk power generation and transmission networks; strong analytical skills; Adapt2 experience (a plus); and an understanding of trading risk and reward.  

Position #4: Power Trading Analyst (Data Science Focus)
Position is responsible for the Data Science analysis of a CRR/FTR Trading portfolio.  This trading team manages the physical and financial congestion risk of generation and load. Specifically, this position conducts power market research using machine learning-based predictive models to analyze price patterns, load and other congestion drivers to evaluate risk and identify trade signals. It is highly interactive with Traders and other key internal stakeholders. Required: an advanced degree in economics, power engineering, data science/data analytics or computer engineering with a minimum of 2+ years’ experience in the power markets with strong data science/machine learning skills. Technology requirements include Python or R, Tableau, and Power BI.

Position #5: Power Trading Analyst (Generation Focus)
Position is responsible for managing the financial and physical transmission congestion risks for a power generation company supporting its FTR Trading team across multiple ISOs. The position uses both data mining and fundamental analysis techniques to support trading decisions in the long-term, quarterly and monthly FTR auctions, and in Day Ahead and Real Time markets. It also is involved in speculative basis trades in the term and cash markets.  Responsibilities include transmission and congestion research, analysis and forecasting; strategy development in assigned ISO FTR auctions; price risk analysis and forecasting; analysis of the electric grid performance in the short- and long-term; production cost, power system and other market simulation modeling for power and FTR trading; and quantitative development of models and trading tools.  Required: bachelor’s degree in electrical engineering (power systems focus) with 1-4 years’ experience at a utility, IPP, power trading firm, power research firm or ISO as a transmission planning engineer or a congestion analyst; strong modeling and programming skills; power flow analysis and production cost/dispatch modeling skills using PowerWorld, PSSE, DAYZER, UPLAN,  PROMOD, PSO or PLEXOS, etc.; and programming skills (VBA, Python, R, or C++).

Position #6: Power Trading Analyst (Speculative Focus)
Position is responsible for performing system studies and market simulations using power flow programs and market modeling platforms, and it focuses on ERCOT/MISO/PJM/SPP and other ISOs in the future. Key responsibilities include: analyzing fundamental congestion drivers (load, generation, transmission projects/retirements and outages etc.) and trends in regional power markets; collecting data from various ISO and power markets resources, database maintenance/updates, development of data-analyzing tools and in-depth data analysis; performing scenario and sensitivity analysis to determine portfolio risks, opportunities and returns; helping the traders to build FTR portfolios by developing and executing FTR trading strategies; managing/monitoring FTR portfolios; tracking market policy and regulatory changes; and participating in stakeholder meetings on issues related to congestion and FTRs. Required: a bachelor’s degree in Electrical Engineering or related area (Masters of PhD preferred); experience with dispatch or commitment models and production cost models; experience with security-constrained optimal power flow (SCOPF) modeling is a plus; strong familiarity with programming languages for intensive data processing and database management, e.g. Python, R, SQL etc.; good teamwork and communication skills, willing to share and build tools as a team; and ability to handle pressure and tight deadlines in a trading environment. Consideration will be given to recent graduates who have demonstrated strong technical modeling skills via an internship, PhD papers or other research projects.

Position #7: PJM Power Fundamentals Manager
Position develops and identifies fundamental drivers for the PJM power market that are used by traders (commercial decision-making and trade ideas) and corporate (strategy, capital projects, M&A). Responsibilities include preparing fundamental research and building supply and demand models (day-ahead out 5 years); tracking market rule changes, infrastructure changes and near-term demand and fuel prices; providing a forward view on generation, transmission, load and impact to power prices and heat rates; providing short-term power price forecasts and market drivers; developing stack models; identifying market inefficiencies, price opportunities and strategies for the traders; undertaking capacity market fundamentals to support bidding activity; and developing trader tools. Required: bachelor’s degree in a quantitative field (advanced degree is a plus); 5+ years’ professional experience with the North American power markets in a power trading commercial environment; experience analyzing the Cash and Term power markets; strong modeling/programming skills; an understanding of North American power supply/demand and infrastructure fundamentals; proven ability to build analytical trading tools; and ability to think commercially with strong communication skills. The candidate must have market knowledge in PJM; and experience with PSO, PROMOD, Aurora, GE-MAPS, or similar.

Position #8: Senior Power Scheduler
Position is integral to building a new power group from the ground floor. The trading and scheduling focus is in the Next-Hour through Next-Day markets and is exporting/importing power between ERCOT and Mexico and CaISO and Mexico at the tie-links (bilateral, spread and physical trading). The trading team also be moves physical megawatts between NW-CAISO, SW-CAISO, etc. Responsibilities include: scheduling power to support a physical power trading business; working closely with the power traders; ensuring all tags are implemented;
-purchasing transmission and working with the traders to monitor market trends around transmission; building and maintaining relationships with external schedulers and trading counterparties; working with the back-office/middle-office teams to ensure accurate accounting, billing and settlement activity; training other power schedulers; and being involved with building processes, procedures and reports for new power scheduling function including system work with Adapt2. Required: a bachelor’s degree; 5+ years’ experience in power scheduling supporting a speculative physical power trading operation; market knowledge in CaISO, ERCOT or SPP (a plus); an established network of customer and industry contacts (a plus); experience working with the interconnected bulk power generation and transmission networks; strong analytical skills; Adapt2 experience (a plus); and excellent customer service and problem-solving skills.  

Position #9: Finance Manager
Position manages the Financial Planning & Analysis function for a power generation firm, communicating and working with a broad group of internal stakeholders across multiple business lines/segments. Responsibilities include:  creating and analyzing the divisional budget & forecast model using Excel, and working with key stakeholders to identify and validate key assumptions in the forecast; preparing the cash flow forecast; providing monthly reports including in-depth analysis of results, estimates and assumptions while ensuring the accuracy of data and assumptions; working closely with Asset Managers / Power Traders to analyze and report on key hedges as well as operating and maintenance costs and capital expenditures; preparing ad hoc reports and analysis as requested including Key Performance Indicators (KPIs) and executive level presentations for the Board of Directors (BOD); and assisting in streamlining forecasting processes and improving standard reporting functions to improve accuracy and timeliness of reports. Required: a bachelor's degree in Accounting or Finance (or equivalent field); 5-10 years' experience in a finance or accounting role, including experience with financial reporting; strong knowledge of the power industry from a generation company or retail energy provider; strong knowledge of financial statement structure and accounting principles; and advanced Excel and PowerPoint skills.

Position #10: Senior Power Accountant
Position supports power trading operations in the ERCOT and CaISO markets. Responsibilities include maintaining the general ledger (reconciliations, journal entries, accruals, etc.); assisting in the preparation of financial statements, forecasts and management reports; performing variance analysis for revenue and expenses; analyzing cash flows; working closely with Settlements on invoicing of counterparties; identifying and implementing process improvements; and interacting with international office in Mexico. Required: a bachelor’s degree in Accounting (CPA preferred); 7+ years’ experience in power corporate accounting; experience with CaISO and ERCOT markets (preferred but other ISOs will be considered); experience with Carbon GHG accounting (a plus); strong Excel skills; experience with Adapt2 (a plus); and fluency in Spanish (a plus).

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TRI-STATE

POSITION SUMMARY

The Senior Power Scheduler is responsible for on a day ahead basis transaction negotiation, execution of commodities supporting asset maximization, assisting with the scheduling of capacity and energy resources to meet Tri-State load requirements and determine excess power availability for sale and identify the capacity for economic purchases; administering scheduling requirements of long-term contracts; administering reserve sharing group requirements; perform pre-schedule load and resource check-out and validation with Balancing Authorities.

Monitors and manages electricity transactions within approved authority matrices of Tri-State’s Energy Risk Management Policy. Reviews and updates, as appropriate, load forecasts prior to executing day-ahead electricity products. Monitors Open Access Same Time Information System (OASIS) to assure transmission availability supports electricity transactions and pre-scheduled load/resource balancing processes with Tri-State’s system.

REQUIRED JOB QUALIFICATIONS

Education and Training

• Bachelor's degree in Business Administration, Math, Science, Engineering, or related discipline, or equivalent combination of education and experience.

Knowledge, Skills, and Ability:

• Ability to develop highly credible and effective relationships with marketing counterparts.
• Flexible, inquisitive and able to thoroughly understand electricity market dynamics.
• Proficient in computer applications including database and spreadsheet applications and word processing.
• Strong analytical, quantitative and economic evaluation skills.
• Working knowledge of Western Electricity Coordinating Council (WECC) generation/transmission and Rockies gas pipeline systems.
• Familiarity with North American Electric Reliability Corporation (NERC) and WECC policies and a general understanding of how they apply to Tri-State.
• Must sign a FERC Standards of Conduct Confidentiality agreement.
• Able to remain calm in stressful conditions and make rational decisions.
• Working knowledge of Tri-State’s contractual rights and obligations on the system, the Southwest and Rocky Mountain Reserve Sharing Groups and the Western Systems Power Pool (WSPP).
• Excellent verbal and written communication skills.

Experience:

• Five (5) years’ experience and the completion of Tri-State’s Energy Portfolio Program (or similar approved program) or Eight (8) years of related experience including transaction negotiation, commodities transactions, managing energy resources, economic based purchases, and administering long-term contracts.

Other:

• Willingness to travel as required. (Must possess a valid driver’s license.)
• Willingness and ability to work outside of core business hours to match market trading hours of operation.
• Must be able to demonstrate that he/she can perform all of the essential functions of the position.

DESIRED JOB QUALIFICATIONS

• Strong commercial trading, orientation and knowledge preferred.
• Knowledgeable of power and gas system operations, preferred.
• Experience in an organized market such as Southwest Power Pool desirable.
• Electric utility experience with electric load scheduling preferred.

PHYSICAL AND MENTAL DEMANDS:

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Physical demands: While performing the duties of this position, the incumbent is required to sit for long periods of time and occasionally stand, walk, stoop, bend, reach above and below shoulder level and push/pull objects of varying weights, and lift up to twenty-five pounds. Incumbent is frequently required to use hands and fingers to handle, or feel objects, tools, or controls, talk and hear.

• Mental demands: While performing the duties of this job, the incumbent is required to read, write, perform complex math, analyze data and reports, exercise judgment, develop plans, procedures and goals, and present information to others and work under pressure.

• Work Environment: While performing the duties of this position, the incumbent is exposed to a moderate level of noise. All of the duties are performed indoors and at a desk, operating office equipment.

How to Apply:

Tri-State: Join the people behind the power. Tri-State recognizes the value of a highly-engaged and committed workforce and provides an excellent benefits program that includes medical, dental, retirement and life insurance.

Please visit our careers site at https://www.tristategt.org/careers for more details.

Equal Opportunity Employer - Minority/Female/Disabled/Veteran

 

East Kentucky Power Cooperative

Generation System Operator

Location: Winchester, KY

About EKPC:
East Kentucky Power Cooperative is an electric generation and transmission company headquartered in Winchester, KY, just 15 minutes east of Lexington. We also have facilities across the state of Kentucky that generate electric power and service centers for local power lines and substations support.

EKPC is an Equal Employment Opportunity Employer Minorities/Women/Disabled/Veteran

Job Roles:
This posting will remain open until the position is filled. We encourage you to apply early as we will review and consider candidates as they are received

Ensures the stable and reliable operation of the Bulk Electric system through timely and appropriate real-time actions during normal and emergency conditions. To maintain EKPC system reliability to ensure the continuity of service to the Member Cooperatives. To coordinate the dispatch of EKPC Generation resources as directed by PJM and utilize Power Market resources, to provide reliable, low cost energy to the Member Cooperatives.

Requirements:
Education: High school diploma or equivalent plus related education or technical training required. Associate’s degree in Power Systems, Electrical Technology, or other related technical field preferred.

Experience: Five (5) years of related experience required.

Skills and Abilities:
-Knowledge of transmission system operations preferred.
-Must understand operating risks and be able to recognize abnormal operating conditions.
-Must have a working knowledge of algebra, geometry, and the basic principles of electrical and mechanical theory, AC and DC currents, and the fundamentals of power flow.
-Must maintain certification with NERC and PJM System Operator Certification Programs.
-Basic knowledge of power plant operations, both fossil fuel and hydro, is preferred.
-Knowledge of system control concepts, dispatching techniques, and area control error helpful.
-An understanding of AGC, unit governor relationship, and economic operation concepts helpful.
-Detailed knowledge of PJM Operating Procedures and the interconnection agreements with other utilities helpful.
-Power accounting experience helpful.
-Must have an effective working knowledge of the application of personal computers.

Applicants must apply via our website at: http://www.ekpc.coop/work-ekpc

 

PNM Resources

Wholesale Power Marketing Project Manager

Location: Albuquerque, NM

This position is covered by NERC CIP cyber security standards. Prior to being hired, promoted, or transferred into the position, the candidate must successfully pass a Personnel Risk Assessment, which includes identity verification and a criminal background check. Prior to being granted unescorted access to cyber secure areas, the candidate must attend cyber security training. Annual cyber security training is also required.

Performs wholesale market research, gathers, assimilates and processes critical trade information, and provides essential analysis and strategic recommendations to the wholesale marketing group. Provides support for, and is involved in, the conception, design and development of wholesale strategy and products designed to assist the real-time and day ahead traders trading activities. Working with BTS, support the upkeep of all software applications and systems that are used in the wholesale marketing group. Assist in the development of strategy and policy recommendations to be applied to various markets in the western US such as those created to better integrate renewable and storage assets such as the Western EIM market. Participate in stakeholder processes or other initiatives in organized markets (CAISO) and NERC regions (WECC).

Apply Here: http://www.Click2Apply.net/gp87shgj2snhpxr8

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PNM Resources

 

 



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