Irving, TX

The Lead Transmission Trading Analyst is responsible for managing the financial and physical transmission congestion risks for an independent power producer (IPP) supporting its CRR team in the ERCOT markets. The position uses both data mining and fundamental analysis techniques to support trading decisions in the long-term and monthly CRR 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 the CRR auctions and Virtual markets;
  • Transmission and 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 CRR trading;
  • Quantitative development of models and trading tools using large data sets; and
  • Interaction with multiple teams including Trading, Origination, Development, Regulatory, and Plant Operations.

 

Educational and professional qualifications include a bachelor’s degree (masters or PhD preferred) in electrical engineering (power systems focus) with 3+ years’ experience at a utility, IPP, power trading firm, power research firm or ISO as a  transmission planning engineer or a congestion analyst with an expertise in the market rules of ERCOT; strong modeling and programming skills; steady state power flow analysis, production cost modeling, dispatch modeling skills using PowerWorld, PSSE, DAYZER, UPLAN,  PROMOD, PSO or PLEXOS, etc.; and programming skills (VBA, Python, R, or C++).

 

Consideration will be given to candidates with ISO or market experience in SPP, CaISO, MISO, PJM, NYISO or ISONE. Submit resumes to chynes@salthillgroup.com.