Sr. Power Trading AnalystDate: Sep 20, 2024
Company: NextEra Energy
Requisition ID: 82887
NextEra Energy Marketing is one of the nation's leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources' generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities. Are you interested in customizing power and gas solutions to meet each client's needs? Join our world-class team today!
Position Specific Description This position will support generation and load business managers in hedging electric price congestion exposure primarily via FTR auctions in various markets including ERCOT, PJM, SPP, MISO, NYISO and CAISO. This position will also support auction revenue rights (ARR) value maximization analysis and strategies. This role involves identifying fundamental drivers of grid congestion, such as outages and system topography changes, and applying that knowledge to predict impacts on future congestion pricing. Responsibilities include developing quantitative tools to inform FTR auction bidding strategies and coordinating with business management, forward traders, accounting and operations team to execute those strategies.
Job OverviewJob Duties & ResponsibilitiesLeads the implementation of models into the existing trade floor pricing and risk management infrastructureMonitors daily Value at Risk, position, and other risk-related measuresDevelops sophisticated models in support of structured transactionsFormulates and maintains daily forward curves and/or volatility surfacesProvides management with daily Profit and Loss and pricing informationSupports the development and execution of the company's trading programAssists in preparing presentationsPerforms other job-related duties as assignedRequired QualificationsHigh School Grad / GEDBachelor's or Equivalent ExperienceExperience: 5+ yearsPreferred QualificationsNoneNextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.
Employee Group: Exempt
Employee Type: Full Time
Job Category: Energy Trading
Organization: NextEra Energy Marketing, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
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