ERCOT Congestion Trader Sr (Hybrid)

Lower Colorado River Authority

Job Location:

Austin, TX - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

At a senior level trades Point to Point products in the ERCOT market and provides congestion analysis and forecast for daily generation fleet operations and congestion management of LCRA fleets in ERCOT Day Ahead Market (DAM)/Real Time (RT) markets. Assists in optimizing LCRAs portfolio and minimizing overall costs to LCRAs customers. Requires the ability to solve complex problems and look for creative solutions to assure LCRA delivers low-cost power to its customers. This position utilizes knowledge and market experience in own discipline but is still building higher-level knowledge and skills. Receives a moderate level of guidance and direction from supervisor manager and/or more experienced colleagues.

You will be trusted to:

- Participate in the Day-Ahead Market (DAM) to acquire point-to-point (PTPs) to manage congestion risk for LCRA generation fleet.
- Participate in daily generation fleet operations planning and provides market insight of congestion.
- When needed help with participating congestion revenue rights (CRR) auctions to acquire CRRs in a cost-effective manner.
- Observe transmission congestion and predicts potential congestion in real time and day ahead to help maximize the value of the portfolio.
- When needed join the nodal market modeling team. Assist in running daily weekly monthly studies to simulate ERCOT markets to support trading activities in RT DAM CRR and forward markets.
- Provide views of Transmission improvement projects that improve basis spread between LCRAs generation and load.

You qualify with:

Nine or more years of experience in ERCOT energy market or relevant experience. A degree(s) in electrical engineering or relevant field may be substituted per LCRA guidelines for certain years of experience.

You are a great fit with:

- Bachelors degree in electrical engineering
- Experience in UPLAN or PowerWorld
- Experience in ERCOT PTP trading front desk

You gain:

- Competitive salary & medical dental vision and legal insurance

- Paid time off including time for vacation sick and family care leave

- 401(k) match up to 8% that includes a student loan 401(k) contribution program option

- Life and disability insurance

- Wellness program including wellness incentive

-Extensive learning & development programs

And more - all to create a compelling and rewarding work environment.

Equal Opportunity Employer

LCRA provides equal employment opportunities and a work environment free of discrimination and harassment. All employment decisions at LCRA are based on business need job requirement and individual qualifications without regard to race color religion gender identity national origin age disability sexual orientation genetic information or veteran status in accordance with applicable federal and state legal requirements governing nondiscrimination in employment.

LCRA is committed to working with and providing reasonable accommodations to job applicants with physical or mental disabilities. Applicants with a disability who require a reasonable accommodation for any part of the application or hiring process can contact LCRA Human Resources or email . Reasonable accommodations will be determined on a case-by-case basis.

Required Experience:

Senior IC