Environmental Products Trader

4 weeks ago


Tualatin, Oregon, United States Portland General Electric Full time
Job Description

At Portland General Electric, we are seeking a highly skilled Environmental Products Trader to join our team. As a key member of our organization, you will be responsible for transacting and managing Renewable Energy Certificates (RECs) and Carbon Allowances portfolio on behalf of our company.

The successful candidate will have a strong understanding of electrical and natural gas grid supply and demand components, as well as advanced knowledge of California Independent System Operator (CAISO) bidding and strategy as it pertains to Day-Ahead. They will also possess advanced skills in analyzing energy market conditions or trends and be able to develop and present proposals and information to a diverse group of customers and clients.

Key Responsibilities
  • Monitor and manage PGE's dynamic REC portfolio, including strategy planning, transacting, and ensuring accurate reporting.
  • Ensure that RECs are properly registered, retired, and received.
  • Work with Traders to develop sound REC strategies and execute REC purchases and sales.
  • Collaborate with Origination and Renewable Initiatives teams on renewable energy transactions and generation procurement to ensure that renewable generation has necessary certification in WREGIS and state programs.
  • Understand Oregon, California, and Washington emission programs and develop and implement trading strategies based on projected emission allowance needs to meet regulatory obligations.
  • Monitor emissions markets, track regulatory changes, develop forward strategies that meet target obligations, and adjust strategies accordingly.
  • Execute trades in the emissions market, ensuring that PGE complies with cap-and-trade programs and regulations.
  • Manage relationships with brokers, traders, and other market participants.
Requirements
  • Bachelor's degree in finance, economics, engineering, math, science, marketing, or other related field or equivalent experience.
  • Typically eight or more years in energy trading, derivatives, marketing, or bulk electronic and gas system management or related field.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do.



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