Sr. Energy Trader
Puget Sound Energy’s Real-Time Trading Department is looking
for an Energy Trader to join our team! The ideal candidate will be
able to make independent economic decisions surrounding PSE’s
assets, execute wholesale commodity power purchases and sales
transactions to manage these assets and acquire or release
transmission to balance the system. In this role you will manage
the short-term (hourly) power portfolio for PSE. You will also
assist in the development and execution of power portfolio hedging
strategies and manage wholesale commodity portfolios within the
context of market fundamentals, supply, regional events and changing
Read more about these opportunities and apply online to ad #79846
PSE is an Equal Opportunity Employer, including Protected Veterans
and those with Disabilities.
Current Energy Solutions Openings – Energy
Regional General Manager – Midwest
Federal Regional Sales Manager – Open
Business Development – California
Director, Federal Business Development –
Senior Account Executive – Midwest
►For confidential details contact
Scott Brownholtz @ 916-649-3200 or
Markets and Operations Supervisor
Oversees, guides, motivates and directs
the activities of Markets and Operations to ensure EKPC's generation
and wholesale assets are utilized in the most economical and
reliable manner to provide continues electric power service to all
customers. Oversees the utilization of the Energy Management
System (EMS) by Power Supply Operations to ensure EKPC system
operation is maintained within accepted NERC, SERC, PJM and EKPC
operating practices. Provides data for the utilization of Unit
Commitment programs and works with the Day Ahead Planners in
wholesale power market activities for the purpose of serving load
economically and contributing to EKPC wholesale power margins.
Participates on various task forces representing EKPC and
communicates knowledge of power markets and availability of
generation resources to others throughout the organization in order
to develop a strategy for serving load. Provides leadership
and maintains overall authority and accountability for the
Generation System Operator Team.
DUTIES AND RESPONSIBILITIES
Power Supply Generation System Operators to ensure adequate training
pertaining to System Operator Certifications, The Energy Management
System (EMS), Automatic Generation Control (AGC), and knowledge of
operating policies required by NERC, SERC, PJM and EKPC.
and supervises the implementation of economic interruptions to
interruptible customers. Assists the Transmission and Control Area
Operations Supervisor in emergency interruptions.
Responsible for scheduling of personnel to ensure 24-hour coverage
of Power Supply Operations desk.
documents Power Supply Operations personnel performance with respect
to performance goals and conducts performance evaluations for
members of Power Supply Operations.
reporting of generation, load, interchange, and certification data
required by NERC, FERC, SERC, PJM and EKPC.
Responsible for determining optimum strategies for gas purchases
based on power market information and system operation needs,
including usage amount and ensuring gas reliability at all EKPC
Natural Gas Turbine sites.
Effectively utilizes additional resources available through ACES
economics of coal, gas and hydro generation in the market place to
perform portfolio optimization.
data for Unit Commitment studies and works with the Day Ahead
Planners to develop a strategy for serving load and wholesale market
activity on an hourly, next day, and next week basis. Performs these
tasks in the absence of key personnel.
EKPC management to determine EKPC policies, procedures, and
performance goals for System Operation, Economic Dispatch of units,
and Wholesale Market activity. Ensures understanding by Power
Supply Operations of when requirements and goals are met and
implements improvements as conditions warrant.
development of the annual work plan and capital and operating
control area to ensure coordination of generation and transmission
assets for system economics and reliability.
the development of the Unit Maintenance schedules up to five years
in advance, coordinating with Generation Operations, the U.S. Army
Corps of Engineers, Power Supply and PJM.
Coordinates with plant personnel, daily and monthly unit status and
total generation availability.
with Resource Planning and fellow Power Supply Operations personnel
to provide input concerning system needs and market pricing for
power supply purchases.
with the development in final form, all documents for rate filing
with FERC and the Kentucky Public Service Commission.
the PJM BA to ensure compliance of all AGC, CPS, DCS and industry
criteria, requirements and regulations.
other duties as assigned.
Bachelor’s degree in a related area. An equivalent combination
of education and experience may substitute.
Eight (8) years of related experience.
Skills and Abilities:
Must complete EKPC's Supervisory Training Program within two (2)
years, and attend on-going Learning for Leaders training.
Knowledge of system
control concepts, dispatching techniques, and load forecasting and
area control error.
Understanding of AGC and unit governor relationship.
Knowledge of NERC, FERC, SERC, PJM and EKPC Operating Policies
Knowledge of Power Marketing concepts.
Knowledge of economic operation concepts.
Ability to analyze and evaluate technical and financial data.
Able to recognize abnormal operating conditions.
Understand operating risks.
Knowledge of all interconnection agreements with other companies
Knowledge of operation procedures associated with interconnection
Knowledge of Power Purchase/Sale Contracts.
Knowledge of the application of personal computers.
Knowledge of software associated with system operations highly
Knowledge of power plant operations, both fossil fuel and hydro,
Ability to direct in crises situations.
All applicants MUST apply via our website:
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
Head of Congestion Trading,
Mexico FTR Trader,
Virtuals Trader (PJM or MISO),
Trading Data Scientist
Senior Power & Gas Derivative Structuring
Power Quantitative Strategist,
Senior Power Fundamentals Analyst,
Director of Electricity Sales,
Load Forecasting Analyst
Front-Office Market Risk Advisor,
Lead Credit Risk Strategist (Structured
Head of Congestion Trading
Position will build-out the congestion trading platform (FTRs,
CRRs, TCCs, Virtual Bidding) across all ISOs (PJM, NYISO, NEISO,
MISO, SPP, ERCOT, CaISO). Key responsibilities include building
analytical tools (power system economics, power flow and dispatch
models) to be used by congestion and speculative trade desks;
hiring a team of transmission analysts and FTR traders; and
developing and executing FTR and CRR strategies to trade in
monthly, quarterly and annual auctions. Required: bachelor’s
degree (Power Engineering preferred); ability to execute the
directive of building out a strategy; strong commercial
understanding of the North American transmission trading
environment with an analytical understanding of the modeling
aspect of the business; strong fundamental market knowledge of the
grid and market rules in all ISOs; and experience running a
profitable congestion trading business.
Position #2: FTR/CRR Traders – CaISO, ERCOT, MISO, NY, NE,
Ontario, PJM or SPP Focus
Position builds out an FTR trading platform/desk,
including analytics (power system economics, power flow and
dispatch models) to trade in monthly, quarterly and annual
auctions. Required: advanced degree (PhD or Masters required,
power engineering preferred), strong fundamental market knowledge,
strong modeling and programming skills, and prior profitable
trading record trading FTRs/CRRs in a hedging or speculative
Position #3: Mexico FTR Trader
Position leads the build-out of a Mexico FTR
trading platform/desk including analytics (power flow and dispatch
models) to trade in monthly, balance of the year and annual
auctions. Required: advanced degree (PhD or Masters required,
power engineering preferred), prior experience with congestion/FTR
trading in one or more ISOs, strong modeling and programming
skills, prior profitable trading record trading and Spanish
speaking skills to interpret tariffs/market rules and attend
Mexico market meetings/industry events, etc.
Virtuals Trader (PJM or MISO)
Position is responsible for developing the PJM or
MISO Virtuals trade seat (conceptualizing, developing, and
back-testing the trade strategies, trade execution and risk
management of the book). Required: bachelor’s degree; experience
with the market fundamentals of PJM or MISO; strong modeling
skills; and a historical PnL track record of $1M trading PJM or
Trading Data Scientist
Position creates sophisticated statistical
algorithms that produce predictive signals for the a commercial
trading organization. These algorithms and related trade signals
will drive trading strategy and commercial decisions. Key
responsibilities include extracting, analyzing and managing data
from complex and disparate sources, including data lake built by
the Technology team: applying rigorous machine learning,
statistical analysis, regression and optimization techniques to
data to identify signals and predictive patterns; generating
hypotheses and analyzing data to test and interpret results and to
evaluate and test trading strategies; developing, testing and
implementing new tools to be used by the trading team; working
with Technology team to communicate analytical and modeling
results in a dashboard format to Traders; and researching and
evaluating new technologies/tools associated with Big Data.
Required: advanced degree (PhD strongly desired with strong
academic performance) in an applied quantitative field (math,
physics, computer science, engineering or statistics); 4+ years'
experience in Big Data analysis and predictive modeling in a
trading environment (trading, quantitative trading or high
frequency trading); strong background in statistics and
probability; professional experience with machine learning used
for prediction, classification and anomaly detection; experience
with natural language processing (NLP) for analyzing unstructured
data is desired; excellent programming skills (Python preferred,
C++, C# and R considered) and advanced knowledge of scripting;
ability to write and optimize database queries to extract and
analyze large data sets; and strong communication skills.
Senior Power & Gas Derivative Structuring Quant
Position is part of a commercially-oriented Strats
team focused on pricing derivatives and structured transactions.
Position works closely with originators and traders to price and
structure, options, load deals, tolling agreements, gas
transportation and storage deals and other physical/financial
complex structured products across power and gas. Required: an
advanced degree in a quantitative field (hard sciences required -
mathematics, engineering, physics, etc.); 5-10 years’ experience
in a power or gas quantitative role with prior experience pricing
and structuring complex transactions; and experience with coding
Position #7: Power Quantitative Strategist
Position is part of the commercial team and works
directly with the originators, traders, quants and customers to
undertake structuring activities for competitive deals and
products. Responsibilities include designing complex valuation and
price models for structured products including tolling agreements,
full requirements / load-following deals, PPA agreements, shaped
products, revenue puts, swaptions, weather contingent derivative
products, basket options, heat rate options, RECs and other
physical/financial/derivatives; and enhancing and back-testing
pricing models on an ongoing basis. Required: PhD in a
quantitative field (mathematics, engineering, physics, statistics,
etc.); 2-5 years' experience in a power or gas quantitative role
and ideally with prior experience pricing and structuring complex
and transactions (exotic options, bespoke structures) or
experience building or enhancing pricing models is preferred;
strong understanding of embedded optionality and drivers; and
experience with coding is required.
Senior Power Fundamentals Analyst
Position is newly-created and directly supports the
structured power origination business (financial or physical
hedges, hedges for wind generation, hedges for thermal generation,
unit contingent deals and other asset deals or investments). It
has a primary focus on the Eastern power markets (PJM, NYISO,
NEISO and MISO) which may expand to include other prospective
markets, and it collaborates closely with originators and traders
to develop fundamental views in various zones/hubs to support
commercial decisions. Responsibilities include: developing
regional supply and demand models (greater than 2 years with a
focus on 2-5+ years); evaluating new market builds and
retirements; communicating forward views of power fundamentals;
and collaborating with traders and originators to develop trade
strategies. Required: bachelor’s degree (advanced degree
preferred) in a quantitative field; professional experience
developing power supply and demand models, including building and
running a power burn model to evaluate natural gas consumption
from power; and ability to evaluate weather impacts on regional
Position #9: Director
of Electricity Sales
Position focuses on selling to Energy Coops, Trade
Associations and Partnerships as well as Corporate & Industrial
customers, and works with customers and members to design energy
price risk management and procurement plans to achieve cost
savings. The primary market focus will be Illinois. Required: a
bachelor’s degree; 5 years of successful sales experience in the
wholesale and retail electricity markets in Illinois / PJM; track
record of closing transactions and hitting PnL targets; rolodex of
existing contacts; ability to generate new leads and develop a
marketing strategy; strong knowledge of the wholesale and retail
power markets landscape and various structured product offerings;
ability to build a book of business in an entrepreneurial
environment; willingness to travel to customer site and attend
industry meetings and good communication skills to work across the
company and client.
Load Forecasting Analyst
and enhances existing load forecasting models used in the short-
and long-term load forecasting process, and develops new load
forecasting models for the electricity and gas load. The position
will examine the accuracy of the existing models by comparing the
forecast to actual results, will identify and implement new
assumptions and calculations in the model and will test new models
to be used by the team in daily operations. Additional data mining
will be done for customer profiling and segmentation purposes.
This position supports and interacts with multiple teams;
stakeholders include load forecasters, portfolio management,
supply trading, risk and marketing.
Required: an advanced degree (Master’s degree) in
Mathematics, Computer Science, Economics, Engineering, Statistics
or other quantitative field; 3-5 years' experience in a
statistical load forecasting role; strong mathematical and
statistical modeling skills; knowledge of regression modeling
neural-networks, regression, time series, etc.); advanced SQL
coding skills with exposure to R, Matlab and/or Stata;
understanding of deregulated retail or wholesale power and/or gas
markets and customer profiling and segmentation; and ability to
research industry trends and extract and analyze large data sets
and use Big Data / Data Science concepts.
Front-Office Market Risk Advisor
Position is a proactive risk advisory role that
interacts daily with the trading desk and fundamentals team to
provide an independent analysis of risk around trading strategies.
Responsibilities include highlighting key portfolio risk metrics,
summarizing the themes and strategies of the trades and portfolios
versus the broader energy markets, quantifying impact of new and
material trades on the trades books and identification of risks
not captured in systems and traditional risk metrics. In addition,
position will be involved with assessing risk related to new
business and complex transactions. This position requires a
strong commercial and fundamental understanding of physical and
financial power and gas markets, as well as related instruments
and derivatives. Required: a bachelor's degree in Finance, Math or
other quantitative field; 3-6 years' experience in risk management
in a gas & power energy trading environment; strong understanding
of energy risk metrics/models; advanced skills in Excel/VBA,
Matlab (or other statistical package) and SQL; and experience
interacting with traders and upper management.
Lead Credit Risk Strategist (Structured
Position performs credit evaluation and risk
assessment of structured power finance and derivative transactions
in a deal-oriented environment. It requires high interaction with
the trading desk and counterparties to negotiate contracts,
collateral and credit terms for each commercial deal and manage
the firm’s credit exposure. Required: bachelor’s degree in Finance
or related field; 7-10 years’ experience in a credit risk role for
a downstream energy firm with a focus on power (preferred) or
oil/gas (considered); strong understanding of the credit terms for
standard energy industry master agreements (ISDAs, NAESBs, EEIs,
etc.), including credit support annexes; and experience with
physical transactions and traded products exchanges (ICE, NYMEX,
Nodal) and margin requirements.
Michael A. DeFazio, President
P.O. Box 566
Douglassville, PA 19518
Manager of Power Asset
Western US / Ca.
Location: Southern/Northern CA
Asset Manager will manage several solar power facilities, as well as
the start-up and operation of a battery energy storage project.
Responsibilities shall include operations and maintenance,
regulatory, technical challenges, P&L, budget, and general
Overall accountability for 3-4 power assets including profit and
Function as the owner’s representative under a multitude of
project contracts including the sale of electricity, energy
management, multi-party partnership, operation and maintenance,
property tax, financing, interconnection agreements.
Identify project optimization opportunities such as market
opportunities that improve revenues and operational and process
Provide oversight and management of power market interface,
regulatory and environmental compliance, community relations,
budget development and cost controls/accounting, process
management to ensure production optimization and best practices,
and direct interface with third party operation and maintenance
Represent owner in regulatory proceedings including monitoring and
identification of such proceedings.
Manage the operation and maintenance of the plant through a Plant
Manager and his/her staff to run at optimal efficiency.
Interface and support of the development of work processes to
ensure O&M best practices and have familiarity with
reliability-centered maintenance. Develop historical and
forward-looking reliability to include recommendations and
maintenance of critical parts inventory.
Development of top tier performance metrics that align plant
priorities with safety, environmental and regulatory compliance,
and optimal profitability.
Ensure plant performance is optimized, captured, and communicated
to the energy manager through the development of incremental cost
curves that maximize output while minimizing cost including plant
wear and tear.
Manage warranty issues, claims and post-warranty maintenance plans
Minimum of 5 years’ experience in the power industry.
Bachelor’s degree in Engineering preferred but not required.
Ability to think creatively, work independently, and pay attention
to detail. Must be a self-starter who is willing to roll-up
his/her sleeves to get the work done.
Strong knowledge of power sales arrangements including merchant
and contractual in ISO and bilateral markets. Understanding of
the various products available to sell such as real power,
ancillary services, reactive power and others. Understating of
offer process for both energy and capacity in ISO markets.
Solid knowledge of utility-scale solar operations, including
electricity commodity market, delivery costs, storage, and hedging
Start-up experience of any Renewable Energy facility, including
Energy Storage a plus.
Familiar with rules and regulations in OSHA, NERC, CAISO, FERC,
and other industry organizations.
Ability to understand complicated contractual arrangements
including the interplay between contracts and the implications of
contract language on operations.
Awareness and appreciation of plant culture to effect safety,
compliance, reliability, and ultimately profitability.
Hands-on experience with ISO Settlements, reconciliation and other
back office functions.
will have responsibility for a wide range of duties and
responsibilities including, but not limited to: Develop and maintain
financial models used by clients for hedging, position management,
budgeting, and ad hoc financial analyses. Develop rapport with
clients to assist them with developing sound hedging strategies and
metrics to track financial performance. Develop and assist with the
fundamental analysis of assigned markets. Collaborate with
cross-functional team members to create and maintain portfolio
management products. Develop and maintain presentations that clearly
and concisely communicate performance metrics. Communicate financial
metrics to clients and team members via presentations and trusted
relationships. Monitor and report on regulatory developments/changes
in assigned markets. Assist with developing congestion revenue
rights (CRRs) strategies for clients. Assist with settlement
The ideal candidate will have the following skills:
capabilities in financial modeling, pro forma analysis
knowledge of trading and risk management concepts including
trading and risk management strategies and option pricing theory
detail oriented and highly analytical
Self-starter with ability to work independently and as part of a
closely knit team
Exceptional verbal and written communication skills with the
ability to clearly and concisely communicate complex subjects to a
wide array of audiences
take on conceptual and amorphous problems and develop concrete,
impactful models used by the business
Fundamental understanding of probability theory and statistical
interpersonal skills and experience communicating complex concepts
to clients and prospects
The following additional skills/experience are desired:
prefer candidates with experience in the energy industry
working in CAISO or other RTO such as PJM, MISO, NE-ISO, etc.
in regulatory tracking, monitoring, and reporting
in electricity rates design and analysis
of Congestion Revenue Rights (CRRs)
in structuring and pricing power purchase agreements with an
emphasis on renewable generating assets, particularly solar
EDUCATION and/or EXPERIENCE
Minimum of four years’
experience working in trading, risk management, financial
services, or similarly related industry.
Bachelor's degree from
a four-year accredited college or university is required; major in
a technical or business-related discipline highly desired; MBA or
other advanced degree is a plus.
Experience dealing with
RTOs highly desired
Interested applicants can apply online here:
provides a broad suite of energy trading and risk management
services. ACES has the following exciting opportunities available.
Summer 2018 Internships
Benson, AZ & Carmel, IN
ACES has the following internship opportunities for the summer of
Hourly Trader Intern
IT Service Desk Intern
Reliability Compliance Intern
Transmission Strategy Intern
view job descriptions and minimum qualifications, please visit
Director of Sales – Retail Energy Supplier
Start-up retail energy
supplier backed by leading global real estate trust is realizing
tremendous success and is expanding. We have been retained to
identify a Director of Sales to grow, develop and lead a
high-octane commodity sales team.
Reporting director to
the Executive Director, the Director of Sales will assume
increasing levels of responsibility while managing our Direct and
Indirect Commercial Sales Departments. This position will be
responsible for building and managing all steps in the direct
commercial (b2b) sales process and the day-to-day management of
our indirect sales.
Sales Management –
Strong management experience is a necessity to be most successful
in this position.
Training – With the
emphasis on hiring the best new talent comes the necessary
follow-up to give them the best tools possible to succeed in their
Experience recruiting/developing a sales force.
Direct sales management
passion for success
|If you are interested,
confidentially contact Scott Brownholtz @ 916-649-3200 –
Federal Sales Manager, Energy Services
Client is recognized as a
benchmark in the Energy Services/Demand-side Management community.
They help the federal government improve their relationship with
energy by advising, developing and implementing energy retrofit
projects. World-class leadership, resources and branding that will
enable you to succeed and "be your best you."
The Federal Sales
Manager should have existing relationships with decision-makers
and knowledge of operations at governmental organizations. This
individual will be responsible for managing a direct sales team and
a P&L. You will be providing comprehensive energy solutions to
customers relating to energy efficiency and also supporting cross
functional sales to electric, natural gas, renewable power, load
response and other blended solutions.
Ability to lead/develop/support a Federal sales team
successfully prospected and contacted Federal decision makers
Develop and manage a sales energy efficiency pipeline
Understand customer's energy objectives, price risk tolerances,
develop sustainable energy solutions
Exceptional communication skills with the ability to speak in front
of groups and C-Level executives
Experience and contacts
in the Federal ESPC marketplace