Trader/Senior Real Time Trader (R-19-1194)
June 2, 2019
For over 125 years, Portland General Electric has proudly
served Oregon. Our dedication to helping customers is matched by our
commitment to providing PGE employees with a diverse array of
rewarding career opportunities. Diversity and community are at the
heart of what we do for our customers and for each other. We are
committed to a team that looks like the Oregon community that we
know and love.
PGE team members are creative problem solvers who love to apply
themselves to challenges, big and small. We are looking for team
members who will grow their skills, their career and their future
Real Time Trader/Senior Real Time Trader (R-19-1194)
In this role, you’ll purchase and sell energy on an hourly/daily
basis to meet fluctuations in supply and demand not covered by
day-ahead schedules; you’ll ensure that pricing and terms are
favorable and consistent with company risk management guidelines.
You will support our journey by:
Monitoring reservoir levels, wind
forecasts and fuels supply to optimize use of generation resources
and arrange generation operations to meet load and reserve
requirements for each hour; utilizing outage information to ensure
efficient commodity market dispatch of PGE generating facilities;
developing and submitting base schedules and energy bids to the
commodity market operator on an hourly basis; scheduling
short-term interutility exchanges of power and related power
products; negotiating and purchasing hourly and daily supplies of
energy; determining price/risk tradeoffs of various power system
operating strategies; implementing term and day-ahead contracts
based on negotiated terms; developing day-ahead schedules for
Negotiating real-time energy sales,
purchasing and wheeling arrangements with other entities,
including hourly and daily sales of surplus power throughout the
Western Electricity Coordinating Council (WECC); analyzing and
developing near-term wholesale marketing and commodity market
bidding strategies; identifying and evaluating price/risk
tradeoffs of various power sale/supply/transmission scenarios;
implements near-term wholesale market strategies to meet revenue
objectives; monitoring West Coast power markets to capture market
information that will facilitate economic transactions.
Documenting and maintaining records
for PGE’s Merchant Real Time Operations’ activities and wholesale
power transactions; producing reports for governmental agencies,
merchants, balancing authorities, accounting and contracting
personnel and others as required.
Redirecting and/or purchasing
transmission to meet PGE’s needs for Merchant Real Time
Operations’ activities; reselling PGE purchased transmission that
is surplus; providing for efficient and economic transfer of
system resources within the EIM footprint; accounting for all
Developing working relationships with
scheduling personnel, energy marketers and utilities to transact
At the senior level, you will serve
as a lead trader, training and guiding less experienced team
members and operating with greater autonomy than less experienced
traders. You will also be recognized as an authority of the power
You will bring the following skills to
Requires a bachelor’s degree in
mathematics, finance, business, economics or other related field
or equivalent experience.
Typically five or more years in the
energy industry or related field. Experience preferred in
generation dispatching or real-time operation of power plants or
Intermediate knowledge of electric
bulk power generation, transmission and operating systems
Intermediate knowledge of regional
electric utilities, Northwest and Southwest power markets and
power and wheeling market pricing and practices
Intermediate skills in analyzing
energy market conditions or trends
Intermediate knowledge of the theory,
precepts, practices and requirements of balancing authority
Intermediate knowledge of contract
law, rules and regulations.
Intermediate knowledge of water
management policies and procedures for hydro facilities
Intermediate skills in negotiating
Intermediate computer skills in using
Intermediate analytical thinking
Intermediate decision-making skills
Intermediate diplomacy skills
Intermediate problem-solving skills
Intermediate written and oral
Ability to work shift and on-call
At the senior level, eight or more
years of related experience in required and knowledge, skills and
abilities listed above would be at the advance level.
Join us today and power your potential!
PGE is committed to diversity and inclusion in the
workplace and is an equal opportunity employer. PGE will not
discriminate against any employee or applicant for employment based
on race, color, national origin, gender, gender identity, sexual
orientation, age, religion, disability, protected veteran status, or
other characteristics protected by law.
be considered for this position, please complete the following
employment application by the deadline:
have any questions, please feel free to call us at 503-464-7250.
PGE believes in rewarding strong performance. We provide a total
compensation package that is designed to reward your contributions
to the company, and, at the same time, support your well-being and
professional development, both now and into the future.
Assisting with storms or other Company emergencies is a part of all
positions at Portland General Electric.
Talent Acquisition Contact:
Connect with us on Twitter (twitter.com/PortlandGeneral),
THIS IS AN INTERNAL / EXTERNAL JOB POSTING
responsibilities include scheduling, dispatching, and marketing of
Trane Energy Supply Service’s clients’ resources in response to the
requirements of each clients’ generation & load obligation, while
maintaining system integrity and reliability.
Provide dispatch and scheduling services to clients with
generation facilities or dispatchable/curtailable loads
as centralized point of communication between clients, facilities,
Update the RTO/ISO on changes in generating capability, including
submitting outage tickets
Evaluate SCADA alarms and irregularities, taking corrective action
Perform settlement related processes and procedures in accordance
with defined controls to produce daily market settlement
statements, compliance evidence, and clear and concise reports for
Excellent attention to detail
Ability to monitor minute-by-minute conditions of both power
markets and client resources
Advanced knowledge of Microsoft Office, specifically Excel
Excellent written and verbal communication skills
ability to deconstruct invoices or large data sets, verify data,
and present reports to clients
Within the first year of being hired, candidate must take and pass
the PJM Generation Dispatcher exam
Ability to work rotating 12 hour shifts, including nights,
weekends, and holidays to ensure 24/7 hour coverage
Preference will be given to candidates with the follow knowledge:
Understanding of FERC, NERC and Eastern Interconnection market
rules. Strong working knowledge of electric system operations,
generation dispatch, scheduling, tagging between interconnections
and understanding of transmission constraints. Knowledge of power
plant operations, economic dispatch and operational limitations.
Demonstrated ability to analyze market data and develop sound
strategies. Accomplished user of spreadsheet applications to
perform power supply cost modeling. Knowledge of OASIS sites and
their functions for the purchase and scheduling of transmission
rights. Familiar with SCADA/EMS systems. Knowledge of electronic
tagging and deal capture systems.
TO APPLY for this position
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
Transmission Trading Analyst,
PJM Fundamentals Manager, Position #3
Quantitative Trading Strategist, Position #4
FTR Quant Trading Strategist, Position #5
Power Quantitative Structuring Manager,
Power Risk Control Lead,
Credit Risk Strategist, Position #8
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
Position #2: Transmission Trading Analyst
analytical support for the nodal and ICE/OTC power traders across
an assigned US ISO. Responsibilities include running production
cost models / power flow models; providing transmission and
congestion research; forecasting nodal power prices; and
identifying trade strategies for the FTR / CRR auctions. Required:
Master’s or PhD in Electrical Engineering (power systems focus)
with 1-5 years’ experience in transmission planning, power
engineering or congestion analysis at a utility, IPP, power
trading firm, power research firm or ISO; expert knowledge in the
market rules of one or more of the following regions (PJM, NYISO,
ISO-NE, MISO, CaISO, ERCOT or SPP) with a strong preference for
PJM or ERCOT experience; power fundamental modeling skills; and
experience using UPLAN, PowerWorld, Dayzer, PROMOD or PSSE.
Advanced technology skills desired for data mining purposes and
building trading tools.
Position #3: PJM 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 #4: Quantitative Trading Strategist
Position enhances the existing analytic structure and provides
quantitative research to further drive systemic trading strategy
and commercial decisions. Key responsibilities include developing,
testing and implementing new tools to be used by the trading team;
extracting, analyzing and managing Big Data from multiple internal
and external sources; optimizing large data sets into meaningful
data; applying rigorous machine learning, statistical analysis,
regression and optimization techniques to data for purposes of
identifying signals and predictive patterns; evaluating and
testing trading strategies; communicating analytical and modeling
results through easy to understand visualization platforms; and
researching and evaluating new technologies/tools associated with
Big Data. Required: Masters or PhD in a quantitative field (math,
physics, computer science, engineering or statistics); 2 years'
experience in signal generation and predictive modeling in a
front-office trading environment (energy or capital markets
considered); excellent programming skills (C#, R, Python
preferred) and advanced knowledge of scripting; ability to write
and optimize database queries to extract and analyze large data
sets; strong understanding of statistics, machine learning,
regression models and optimization techniques; and strong
Position #5: FTR Quant Trading Strategist
Position uses financial engineering techniques with existing
fundamental analytics to drive trading strategy and commercial
decisions for a power/FTR trading team. The team trades in the
nodal and ICE/OTC power markets across PJM, MISO, ERCOT and SPP.
Responsibilities are to identify trade signals in the fundamental
and historical power data (price patterns, generation, congestion,
load) using statistical analysis (time series, regression and
machine learning techniques) and portfolio construction and
optimization skills. Required: an advanced degree (Masters or PhD)
in a quantitative field (financial engineering, math, statistics,
etc.); and 2+ years of front-office quantitative experience in a
trading environment (financial or energy markets) with a focus on
working with Big Data and trading signal generation.
Position #6: Power Quantitative Structuring Manager
Position is part of the commercial team and works directly with
the originators, traders, quants and customers to undertake
structuring activities for complex and bespoke derivative
transactions. This is a hands-on supervisor position with 2
quantitative direct reports. 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.
Power Risk Control Lead
Position is a lead risk role focused on risk and middle office
activities of a physical and financial power portfolio including
structured deals and transactions (load deals, full requirements
contracts, tolling agreements, block and shaped products,
ancillary products, unit-contingency deals, options/heat rate call
options, etc.). There is close interaction with the power &
origination trading teams, as well as upper management. Required:
a bachelor’s degree in Finance or related numerate field; 7-12
years’ experience in risk, trade reporting, valuations, product
control, or a middle-office PnL role supporting a power trading
desk; strong working knowledge of the physical and financial
electricity/power markets; ability to communicate complex trading
transactions; ability to communicate with company executives on
control issues and processes; and advanced technology skills
including Excel/VBA/SQL are a plus.
Position #8: Credit Risk Strategist
Position supports North American gas, power and oil portfolios.
Responsibilities include evaluating credit and assessing risk for
complex structured finance and derivative transactions in a
deal-oriented environment; interacting with trading desks to
understand commercial deals from a credit control and risk
perspective; negotiating contract, collateral and credit terms
with trading and other counterparties; monitoring credit exposure
including mark-to-market exposure and net accounts
receivable/payable exposure; and evaluating and implementing
processes and procedures for compliance and efficiency. Required:
bachelor’s degree in Finance or related field; 5-7 years’
experience related credit risk experience in power, gas and/or
oil; ability to negotiate master service agreements (NAESB, ISDAs,
EEIs); and strong communication skills.
provides a broad suite of energy trading and risk management
services. ACES has the following exciting opportunities available.
Benson, AZ | Carmel, IN | Raleigh, NC
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.
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
Competence with mathematics and technical concepts.
High degree of analytical, attention to detail and organization
Effective written and oral communication skills as well as
Application and use of critical thinking skills.
SCADA / EMS Engineer
This position is responsible for
providing management, support, and configuration activities for our
Energy Management System (EMS) and Supervisory Control and Data
Acquisition (SCADA) system. This role will work with a talented team
of generator operations, network administrators, network engineers,
and other cyber security staff to ensure the reliability and safety
of our electronic assets consistent with established security
policies, procedures, and requirements. This position must adhere
to, administer, and maintain NERC CIP compliant IT practices and
Bachelor of Science in Computer
Science, Technology, Engineering or related degree preferred
Understanding of NERC CIP
Solid understanding of electric
power transmission and distribution, system equipment and control,
including breaker control and monitoring, transformers, and
electric system switching operations
Experience managing SCADA/EMS and
Knowledge of ICCP, DNP3 and
various networking protocols
Knowledge of SQL Server database
Automation and scripting
Ability to develop and execute
short term plans
Effective written communication,
oral communication and presentation skills
Strong organization skills and
technical writing skills
Strong attention to detail and
exceptional customer service skills
Ability to troubleshoot issues and
resolve problems quickly
Ability to maintain
Works independently with minimal supervision
TO READ FULL JOB DESCRIPTIONS & APPLY:
Merced Irrigation District
Deputy General Manager, Energy Resources
FLSA Status – Exempt
Under direction of the General Manager, provide
leadership, direction and management of the Energy Resources and
Hydroelectric departments. Major functions include: Planning,
budgeting, engineering, construction, operation, maintenance,
marketing, staffing, training and administration. Perform
other related work as required. Serve as acting General Manager as
required. This is a department head position
ESSENTIAL FUNCTIONS OF THE POSITION:
Energy resources and Hydro Project planning and management
Wholesale power negotiations , contracts and agreements
Development and maintenance of electric rate structure and
and long term strategic planning for the departments
power, marketing and sales; facility planning for Energy Resources
and Hydroelectric departments.
Representation of the District in California Public Utilities
Commission, California Energy Commission hearings, and other State
and Federal agencies related
the District’s energy resources matters.
Develop and implement strategies for competition and growth.
with industrial and commercial customers and the public in
general, as necessary, to represent the District’s activities.
Manage and provide direction to all department personnel including
areas of business development, customer account management,
public benefits, energy efficiency, financial analysis,
engineering, construction and maintenance.
Assist the General Manager in any matters related to the operation
of the District
Maintain a current knowledge of electric utility techniques and
Provide business, technical, and managerial input to the General
Manager, management team, and Board of Directors as requested.
Manage and coordinate day to day operations, special projects,
personnel and financial matters, including budget preparation and
monitoring, of the department.
Manage the District's Energy Cost Risk Management Program in
compliance with Board approved policy
Manage the District's regulatory compliance program including
regulations from NERC, WECC, CDOC, FERC, CPUC, CEC, DOE and others
Manage the District's Renewable Portfolio Standards (RPS) in
compliance with State law and CEC regulations
Manage compliance with State Greenhouse Gas (GHG) requirements.
Management of monthly settlements for power purchases and power
Manage major capital projects for Energy Resources and Hydro
Perform other duties as requested, directed or assigned.
Any combination of experience and education that
would prepare the candidate for the duties and responsibilities of
the position is acceptable.
• Bachelor's Degree from an accredited college or
university with major course work in Electrical or Mechanical
engineering or a related field. MBA and P.E. license desirable.
• A minimum of ten (10) years of increasing
responsibility and experience in an electric utility, with a minimum
of six (6) years in a management role.
Oversee the research and analysis on internal and external
industry issues including renewable energy, greenhouse gas
emissions, photovoltaics, solar thermal electric, wind, certain
biomass resources and hydroelectric facilities to ensure the
District’s compliance with the current government-mandated
renewable energy source requirement goal for the District of 33%
Communicate effectively both orally and in writing;
Prepare and present oral and written reports;
Interact and communicate with a broad spectrum of internal
employees and external customers;
Provide leadership and management of the department through
coaching, enabling and facilitating employees working in a team
constructive relationships by promoting effective partnerships
with department peers, consumers and employees;
Understand electric industry power purchase principles and utilize
strategies to ensure District electric customers experience
Interpret and apply federal, state and local laws, policies and
procedures and regulations;
Exercise good judgment in structuring and organizing work and
setting priorities, balancing the interests of clients and readily
readjusting priorities to respond to customer demands;
safely and independently.
Effective leadership and management principles and practices;
Electrical transmission and distribution, hydro generation, power
markets, electrical rates and electric rate development, energy
management and efficiency strategies;
Industrial processes, corporate economics and competitive threats;
Contract preparation and administration;
Pertinent federal, state and local laws and regulations;
Recent developments, current literature andsources of information
regarding the electric utility industry as they relate to the
Proficient in the use of personal computer operation and related
software applications, peripheral equipment operation and computer
Necessary Special Requirements:
file a Statement of Economic Interests in compliance with
Government Code Section 8100.
complete a two hour Ethics training course every two years in
compliance with California AB 1234.
complete two hours of Sexual Harassment training every two years
in compliance with California AB 1825.
valid California Class C Driver License and the ability to
maintain insurability under the District’s vehicle insurance
by all District policies, guidelines and rules
Exposure to the sun: 10% or less work time spent outside a
building and exposed to the sun.
Irregular or extended work hours: Occasionally required to change
working hours or work overtime.
performed in an office environment
The physical and mental 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:
ESSENTIAL MENTAL ABILITIES:
Exercise independent judgment.
Self-directing and organized.
Assess, project and plan work activities on a daily and weekly
Interpret state/ federal/agency regulations.
Document concisely, accurately and timely.
Handle a variety of duties which may be interrupted or changed by
TYPICAL PHYSICAL DEMANDS:
Communicate orally and in writing with District management,
co-workers, outside auditors, customers, and the public in
face-to-face and one-on-one settings.
Transport, set-up and removal of promotional equipment and
materials at various public functions.
of office equipment such as computer, copiers, scanners, and fax
Capable of negotiating stairways and uneven ground from time to
||Remains in a seated position
for up to eight (8) hours per day
||Operates computer for up to
eight (8) hours per day
||Raises and lowers boxes and
supplies up to twenty-five (25) pounds.
||Bends body downward and forward
by bending at the knees or waist
||Expresses ideas and shares
information by means of spoken word in person and by
||Hears well enough to receive
communications in person and by telephone.
||Reads written and video
messages for up to eight (8) hours per day. Operate vehicles
and office equipment.
position receives general supervision from the General Manager.
$152,113.30 to $228,169.95 Grade W DATE OF POSTING:
March 21, 2019
CLOSING DATE OF APPLICATIONS: Open Until
LOCATION OF JOB:
744 West 20 Street, Merced, CA
ANTICIPATED INTERVIEW DATE:
To be announced
ANTICIPATED DATE OF HIRE:
To be announced
Applications/Resumes will only be
accepted via the Merced Irrigation District's online application
New users must set up an account
Assistance with this new feature can
be obtained in Human Resources
Western Region Vice President, Sales
Location – California or Houston
Client is a US retail energy supplier that assist businesses how to
successfully manage their energy consumption, costs and risk
management in deregulated energy markets. They provide large C&I
customers with, energy risk management, market intelligence, demand
management, enrollments/scheduling services, settlements and
billing. Client is a publicly traded company with revenues of $7+
Reporting to the Vice President, Sales, the RVP, Sales will lead
energy commodity and risk management solution sales efforts across
all markets, segments and channels to clients within the Western
Lead a high-profile
sales team responsible for generating gross margin.
Recruit, hire, coach,
train and supervise employees.
Work with regulatory
affairs to push for the further expansion of Western markets.
Stay current on market
and regulatory events within the region.
distribution channels as opportunities arise that can generate net
Polished and proven
professionally present to internal and external audiences
including senior managers.
Knowledge of FASB hedge
Knowledge of risk
valuation methodology is preferred.
experience in transactions that involve renewable energy sources.
***All offers of employment will be
contingent on a clear background check and drug screen***
Director of Engineering – Federal ESPC
Client is one of the
largest and most respected energy services companies in the U.S.,
utilizing design-build and performance-based contracting vehicles to
deliver energy and maintenance savings and significant
infrastructure upgrades to Federal facilities.
The Director of
Engineering will report to the SVP and will lead/manage engineering
and development teams performing development over a portfolio of
energy savings projects. Responsible for engineering/financial
leadership support of all ESPC engineering activities.
Overall performance of the Federal Engineering Group
Provide mentoring and
leadership to the engineering group
capabilities and optimize staffing and assignment of resources
Lead engineering group
to ensure that creative and cost effective energy conservation
measures are identified, developed and completed on time and on
with leadership and other internal departments, including sales,
business development, energy conservation engineering,
construction, commissioning, measurement & verification and
Central Plant O&M
Actively recruit new
talent and retain top talent
Education - BS
10+ years’ experience
in HVAC and EMS Design, and/or energy analysis
Experience in managing
multiple technical teams
Experience with CHP,
HVAC, and control systems preferred
Experience in FEMP
Measurement &Verification protocols preferred