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Revised as of Monday, December 14, 2020




NCPA

Schedule Coordinator I-III

 

The Schedule Coordinator is responsible for scheduling energy in the California ISO Balancing Authority and other Balancing Authorities, submitting economic bids in the California ISO markets, monitoring and verifying schedules, and scheduling outages using the California ISO Outage Management System.

Essential Duties and Responsibilities include the following. Other duties may be assigned.


1)Ensures Agency scheduling and dispatch operations are following all applicable NERC and WECC Reliability Standards, and California ISO Tariff requirements, Business Practice Manuals and Operating Procedures.
2)Coordinates energy production and purchase/sale schedules; including submitting schedules and bids into the CAISO Integrated Forward Market (IFM) and Real Time Market (RTM). Manages Interchange schedules and monitors market prices and conditions.
3)Schedules, monitors, and submits load, energy, and ancillary bids as needed for NCPA, NCPA members, and customers.
4)Issues notifications on any California ISO alerts, warnings, emergencies, and certain system operating messages.
5)Issues notifications on any PG&E PSPS events, or any operationally based NCPA mass communication notifications.
6)Schedules Ancillary Services, such as regulation and spinning/non-spinning reserves.
7)Schedules Day Ahead and Real Time Market curtailments, derates, and communicates appropriate information to the NCPA System Dispatcher.
8)Interfaces with other market participants concerning schedules and market conditions.
9)Monitors status of market and inter-connected grid at all times to avoid excessive costs due to ever changing conditions.
10)Procures market data to be used in CAISO settlements, billing and disputes.
11)Works with settlements personnel to research and resolve billing issues and disputes.
12)Procures forecasted market conditions for System Dispatcher, Pre-Schedulers, and clients.
13)Monitors energy schedules through the course of the market run to ensure that deliveries are made in full.
14)Creates electronic NERC tags for interchange schedules.
15)Schedules forced and planned outages in the California ISO Outage Management System.
16)Follows established NCPA, CAISO, and customer operating procedures and timelines.
17)Identifies and recommends improvements to procedures and software to improve accuracy, efficiency and timeliness.
18)Attends training as assigned.
19)Reports to work on time and maintain satisfactory attendance in accordance with Agency attendance policy.

Supervisory Responsibilities
This job has no supervisory responsibilities.

Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience
High school diploma or equivalent; and minimum of one year related electric industry experience and/or training; or equivalent combination of education and experience in related job within the electric industry. A Bachelor’s or Associate’s degree in engineering, business, or related field is preferred. Additional knowledge, skills and experience are required for placement above the Schedule Coordinator I level. NERC Certification as a System Operator is preferred.


Language Skills
Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Active listening skills, ability to speak clearly, ability to write effectively.

Mathematical Skills
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

Reasoning Ability
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations. Ability to apply reasoned judgment to non-standard situations. Ability to think coherently and prioritize tasks to meet multiple deadlines.

Multi-tasking Skills
Ability to manage various job tasks simultaneously. Ability to prioritize job tasks to meet scheduling timelines. Ability to handle pressure and stay focused while ensuring accuracy and attention to detail.

Computer Skills
To perform this job successfully, an individual should have knowledge of: energy scheduling software systems, OATI software applications, Internet browsers, SharePoint, MS Excel, MS Word, and MS Outlook.

Certificates, Licenses, Registrations
Valid California driver's license and insurance or the ability to obtain such within 30 days of hire.


Other Skills and Abilities
Ability to work 12 hour rotating day and night shifts as well as on Holidays and weekends. Ability to assess, define, and identify potential issues and what resources are available to provide assistance in resolving the issues.

Other Qualifications
NERC Certification as a System Operator is one of the requirements to advance to the highest two salary levels.

Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


While performing the duties of this job, the employee is regularly required to sit and multi-task; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, color vision and ability to adjust focus.

Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.

 

Contact:

Chelsea McNealy

NCPA

651 Commerce Dr

Roseville, CA 95678

9167814250

chelsea.mcnealy@ncpa.com,

 

 

 

 

ELECTRICAL ENGINEERING ASSOCIATE II

The City of Burbank has an outstanding opportunity available for a qualified individual to perform professional electrical engineering work in the planning, design or operation of an electric utility; assist with electrical engineering projects; and perform related work as required.

You will apply guidelines given by an electrical engineering group leader to project planning, design, and cost estimation; confer with electrical contractors and consulting engineers; prepare or direct preparation and checking of construction drawings, specifications and materials lists for electric generation, transmission and distribution facilities; perform system load flow, stability and short circuit studies; prepare difficult calculations for transmission and distribution system relay settings and voltage regulation problems; perform studies of alternative approaches to the additions to electrical power system; forecast electric system load; direct the preparation of data for reports to governmental and industrial agencies; and occasionally drive on City business. May supervise, train, and evaluate professional and technical electrical engineering personnel.

Requirements include a a Bachelor of Science degree from an accredited college or university in
electrical engineering and two years of professional engineering experience at the level of Electrical Engineering Assistant or equivalent. Note: A Bachelor of Science degree in an engineering or science field other than electrical, but with upper class or professional level course work in electrical engineering, may be qualifying. Registration as an Electrical Engineer in the State of California may be substituted for the education requirement. A valid California Class “C” driver’s license or equivalent at time of appointment is also needed. Registration as an Electrical Engineer in California and proficiency in AutoCAD is desirable.

Additional requirements include knowledge of electrical engineering principles and practices,
electric utility distribution systems and equipment, sound personnel management and supervision, and basic project management principles and practices; and skill in drafting and engineering related drawing. Selected candidate will also possess ability to design and layout electrical engineering plans and programs; prepare and interpret electrical plans, specifications and wiring diagrams; plan and supervise the work of professional and technical personnel; prepare reports and studies relating to electrical engineering problems; make accurate computations in the electrical engineering fields; utilize computers in the performance of complex calculations; and establish and maintain effective working relationships with supervisors, fellow employees, and the public.

We offer a starting salary of $7,126 - $9,823 per month plus superb benefits including City-contributed retirement plan, cafeteria-style health benefits, and tuition reimbursement. Resumes will not be accepted in lieu of a City of Burbank application. In addition, a Supplemental Questionnaire must also be submitted. Please apply online at: www.burbankca.gov/jobs. If you have a disability and need an accommodation with submitting your employment application online, please contact Human Resources at (818) 238-5021. Completed application and Supplemental Questionnaire must be submitted NO LATER THAN 5:00 p.m. Friday, January 15, 2021. EOE

 

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

Network Engineer
Locations: Carmel, IN

This position is responsible for the research, installation, configuration, testing, support, and troubleshooting of corporate client and server hardware, LANs, WANs, wireless networks, operating systems, and third-party software.  Additional responsibilities include support of the virtualization environment, logical security, assisting the Service Desk with support tickets and projects, and research and recommendation of products and services to meet department and corporate goals.  This position will also track and understand current and emerging technologies and lead the deployment effort of new technologies.  This position must adhere to and maintain SOC1 compliant IT practices and procedures.

REQUIRED QUALIFICATIONS

  • Bachelor of Science in Computer Science, Technology or related degree
  • Six or more years of hardware and software support
  • Experience with analysis, troubleshooting and resolution of hardware and software problems
  • Experience with Active Directory, Microsoft SCCM, VoIP, and Microsoft Server technologies 
  • Experience with VMware including SRM and VDI environments
  • Experience with enterprise backup software and environments, Veeam preferred
  • Experience with network routing and switching administration, Cisco proficiency preferred
  • Experience with SQL Server, network security devices, and shared storage infrastructure
  • Experience with scripting and task automation
  • Experience with planning and leading infrastructure related projects
  • Experience with Linux
  • Experience supporting 3rd party software, energy industry software preferred
  • Experience with server patch management
  • Experience with audit controls, SOC1 preferred

 

Energy Trader
Locations: Benson, AZ

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. 

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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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

 

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

Commodity Quantitative Strategist, Position #2

Power Fundamentals Manager, Position #3

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

Power Trading Analyst (Generation Focus), Position #5

Power Trading Analyst (Speculative Focus), Position #6

Power Market Risk Manager, Position #7

Power Market Risk Analyst, Position #8

 

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: Commodity Quantitative Strategist
Position works directly with the originators, traders, quants and customers to price derivatives and structure complex, competitive deals and products. Key responsibilities include valuation and pricing of structured products including heat rate call options, revenue puts, load deals, tolling agreements, gas transportation, storage deals and other physical/financial complex structured products across power and gas. In addition, this position is responsible for developing and enhancing complex valuation models and back-testing to the pricing engine. Required: an advanced degree in a quantitative field; minimum 10+ years professional experience in a power or gas front-office quantitative role in an energy trading firm, investment bank, utility or IPP; experience pricing and structuring complex power and/or gas transactions (exotic options, bespoke structures, etc.); strong understanding of embedded optionality and drivers; experience with model development and back-testing prices; and experience with coding.

Position #3: Power Fundamentals Manager
Position develops internal points-of-view on key fundamental drivers of the East power markets (PJM, NEISO and NYISO) and to support Risk & Commercial decision-making. Additionally, fundamental analysis aids in corporate strategy initiatives including capital projects and M&A activity. This role reports to the Chief Risk Officer with extensive interaction with the commercial teams. Key fundamental research responsibilities include: developing short and long-term regional supply and demand models with a focus on 1-5 year modeling; developing supply and demand model for quantifying internal point-of view on regional capacity pricing: tracking market rule changes, plant retirements, new builds, transmission upgrades, near-term demand and fuel prices; providing power price forecasts, market drivers and related congestion impacts; forwarding view on generation, transmission, load and impact to power prices and heat rates; developing Stack Models in the East power markets; identifying market inefficiencies, price opportunities and strategies for the traders; monitoring industry regulations, writing/ presenting white papers to key stakeholders; and developing ad hoc trader tools. Required: a bachelor’s degree in a numerate field (master’s/MBA degree is a plus); 5-10+ years of professional experience of power fundamental modeling in the North American markets at a utility, IPP, merchant trading firm or energy consulting firm; strong modeling/programming skills; an understanding of North American power supply/demand and infrastructure fundamentals; proven ability to build analytical tools; and ability to think commercially with strong communication skills. The candidate must have market knowledge in PJM, NEISO and NYISO; and experience with Aurora, DAYZER, GE-MAPS, PROMOD, PSO or similar software package.

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: Power Market Risk Manager
Position is a hybrid position that works closely with traders to communicate market risk and provide risk and PnL reporting. Responsibilities include: developing systems and tools in support of a risk control function, including participating in the implementation of the ETRM system; monitoring, analyzing and reporting market risk including Value at Risk (VaR), GMaR, Gen Delta, PFE and portfolio stress testing; producing and analyzing daily position reporting, P&L reporting and P&L attribution for wholesale trading, generation, and structured transactions; and communicating with traders and internal stakeholders to understand fundamental power market conditions and report on trends and risks associated with the power desk. Required: bachelor's degree in Finance or related field (advanced degree preferred); 10 years' experience in market risk analysis and risk valuation of wholesale power generation or wholesale power trading; strong supervisory/management skills; experience with financial derivatives; fundamental knowledge of US gas and power markets; experience with ETRM systems; and strong technical skills (VBA, Excel, etc.).

Position #8: Power Market Risk Analyst
Position supports a power trading desk focusing on the risk reporting within an IPP/Renewables Generation and LNG businesses. This position is a combination of market risk, risk reporting and PnL reporting activities. Responsibilities include: monitoring, analyzing and reporting market risk including Value at Risk (VaR), GMaR, Gen Delta, PFE and portfolio stress testing; producing and analyzing daily position reporting, P&L reporting and P&L attribution for wholesale trading, generation, structured transactions and retail businesses; communicating with traders and internal stakeholders to understand fundamental power market conditions; reporting on trends and risks associated with the power desk; assisting with modeling of capacity and congestion; enhancing existing valuation models; helping with the build out and launch of a new ETRM system; and developing tools to enhance analysis and improve processes. Positions are available at both the Analyst and Senior Analyst levels.

Required: a bachelor's degree in Finance or related field (advanced degree preferred); 2-10 years' experience in market risk analysis and risk valuation of wholesale power generation, wholesale power trading or of a retail power business; experience with financial derivatives; fundamental knowledge of US gas and power markets; experience modeling power plant generation; experience with ETRM systems (EKA/ION is a plus); and programming skills in VBA, Matlab, Python, R, SAS or other financial modeling language.

 

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PNM Resources

 

 



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