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Power System Trader Job

Location(s): CO - Denver

 

Are you looking for an exciting job where you can put your skills, talents and education to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow?  A professional position at Xcel Energy could be just what you’re looking for.

 

 

Summary
Coordinate and maintain hourly energy balance between demand requirements and supply resources at the lowest possible cost. Dispatch generation facilities and purchase power resources with economic consideration and to maintain system integrity, meeting all reliability requirements as established by NERC or other authority. Develop and maintain an hourly system position and derive economic incremental and avoided cost pricing signals. Maximize the economic benefit to the system by identifying additional trading opportunities available through the open market, and engage in financial and bilateral transactions that benefit the system. NERC certification is a requirement to this position.

Essential Responsibilities

 

  • Develop an hourly load demand forecast for the current and next day operations. Derive a system position, incorporating the demand obligations and resource availability, in order to economically direct the commitment of generation facilities within the system and dispatch other contractually available assets to meet total obligation requirements. Maintain and revise hourly forecasts and system position throughout the day as system conditions change due to unit availabilities, reserve requirements or load deviations. Coordinate these adjustments with the generating plants. Plan and schedule short notice facility outages and derates. Derive system cost signals. Forecast and optimize natural gas utilization and convey scheduling needs to the fuels group.
  • Purchase/sell and schedule energy from economic suppliers/sinks on an hourly basis. Interact and coordinate with the real-time traders to maximize hourly market products for the system. Optimize the system position with financial and physical energy transactions. Input and manage hourly binding generation offers and balance system position associated with ISO markets. Continually monitor the marketplace in search for additional energy trading opportunities. Coordinate and implement these energy transactions.
  • Schedule and account for daily/hourly transactions in the power system accounting system, making revisions when necessary to balance books. Coordinate and confirm daily transactions. Assist analysts in tracking, trending, and analyzing the performance of the daily dispatch, including asset optimization and scheduled transaction valuation. Maintain operational documentation via electronic log. Maintain documentation necessary to verify and complete accurate costing of sales. Maintain data as required by regulatory staff.
  • Communicate with Security Coordinators, Control Area Operators and Transmission Operators on a continual basis, exchanging reliability data specific to generation in order to maintain system integrity. Implement actions requested by any of the previously mentioned authorities in order to provide the necessary system ancillary services and ensure system reliability. Take corrective action such that service interruptions and equipment damage are minimized.


Required

 

  • High school diploma or equivalent
  • Bachelor's degree in Business Economics, Mathematics, or Engineering (6 years experience in a related field may substitute for the degree)
  • Working knowledge of power systems operations and energy industry structure and market
  • NERC certification


Preferred

 

  • 3 years experience in power system dispatching

 

 

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As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.
    

 

Posting Notes:  CO - Denver || CO - Denver || United States (US) || Generation || 25250:Power Operations || Full-Time || Non-Bargaining ||
 

The anticipated starting base pay for this position is: $69,200 to $112,700 per year

Click here to see our benefits

 

Requisition Number: 35263

Equal Opportunity Employer: Minority/Female/Disability/Veteran

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)


ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

 

 

 

 

 

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