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Energy Trader
2 months ago
We are seeking a highly skilled Energy Trader to join our team at Iberdrola Renewables, LLC. As a key member of our market operations team, you will be responsible for negotiating wholesale sales and purchases of physical energy in the hourly markets, coordinating operations with dispatch personnel, and procuring transmission reservations.
Key Responsibilities- Negotiate transactions to financially optimize corporate assets, including wind, solar, biomass, and thermal.
- Capture locational pricing spreads by utilizing transmission to link markets across various interconnects.
- Manage day-ahead positions as they flow into the hourly market.
- Provide market pricing and trends to adjacent groups in the organization.
- Create NERC E-tags, purchase transmission via OASIS, and capture transactions accurately in Avangrid's energy management system.
- Represent the organization in a professional manner at all times.
- Facilitate training while working on shift and collaborate with teammates in the process.
- Find effective ways to execute obligations while working overnights, weekends, and holidays.
- Provide transmission schedules to ISO's, control areas, and transmission providers.
- Manage unit bids/offers in the Northeastern and Midwestern ISO's to optimize the portfolio.
- Trade physical power across the eastern US to maximize profitability.
- Execute contractual obligations to deliver REC's to various counterparties.
- BA/BS degree in mathematics, business, finance, economics, or engineering or the equivalent combination of education and experience.
- Solid understanding of commodity pricing and delivery patterns.
- Ability to self-motivate and create opportunities.
- PC proficiency and experience with automated tools that support trading activity.
- Understanding of how the physical electrical grid works in the United States.
- Ability to independently function in a fast-paced, deadline-dependent environment.
Iberdrola Renewables, LLC is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to creating a workplace that is inclusive and respectful of all employees. If you are a motivated and experienced professional looking for a new challenge, we encourage you to apply for this exciting opportunity.
