Denver, CO

A global energy trading firm seeks an experienced Fundamental Congestion Trading Analyst (Transmission Analytics Focus) to join its Denver (CO) team and support its power trading desks. The team trades in the nodal and ICE/OTC power markets. Power trading is data-driven and mathematically based, systematically analyzing power market fundamentals using sophisticated software. The primary purpose of this position is to undertake nodal market analysis to conceive or assist in developing trading strategies.

Key responsibilities include:

• Research and model electricity markets to understand congestion drivers (including analyzing generation supply, load demand, grid congestion, outages, and transmission projects) and underlying risks.
• Develop, run, and maintain power flow optimization models.
• Undertake nodal market research and simulation.
• Forecast and analyze nodal market price patterns for daily energy trading and assess longer-term trends.
• Conceive and identify trade strategies that will identify congestion risk and signal trading scenarios for the CRR or FTR auctions.

Professional and education requirements include:

• Bachelor’s, master’s, or PhD (advanced degree preferred) in Electrical Engineering with a Power Systems focus.
• Minimum of 2+ years’ experience in a power engineering, power flow, power market analysis, or transmission congestion modeling role at a Hedge Fund, ISO, Independent Power Producer (IPP), Power Trading Firm, Utility, Market Vendor, etc.
• An advanced understanding of the principles of electricity networks.
• Knowledge of Locational Margin Pricing (LMP) in the wholesale power markets.
• Knowledge of Financial Transmission Rights (FTRs) and Congestion Revenue Rights (CRRs).
• Experience with one or more power markets / ISO, including CaISO, ERCOT, MISO, PJM, NEISO, NYISO, SPP, or WECC.

• Experience with industry software such as DAYZER, PowerWorld, PROMOD, UPLAN, PSS®E, etc.
• Technical programming skills in C#, Python, R, and SQL preferred.
• Excellent problem-solving abilities and attention to detail, with the ability to thrive in a fast-paced and dynamic trading environment.
• Effective communication and interpersonal skills.

Submit resume to chynes@salthillgroup.com.