Energy Trader

Capital Power Corporation; Calgary; On-site; CAD 110,000 - 170,000; Full time

Benefits offered by this job

Relocation assistance may be available

Referral Reward

Benefits

Job summary

Capital Power Corporation, based in Edmonton with Calgary operations, seeks a trader to dispatch and optimize assets and identify speculative trading opportunities across short-term physical and financial power and gas markets in WECC, CAISO, SPP, and ERCOT.

The role involves developing hedging strategies, portfolio management, and collaborating with Operations, Risk Management, and Finance to support trading activities. A quantitative background is essential.

Qualifications

• Education: Degree(s) in Engineering, Physics, Math, Economics, Finance, or a related field.
• Experience: 3+ years of experience in physical power trading in real time or day ahead.
• Technical Skills: Proficiency in Python, SQL, and R.
• Excellent communication and interpersonal skills, with the ability to work collaboratively.

Responsibilities

• Dispatch and optimize Capital Power’s assets across WECC/CAISO for daily dispatch and short-term execution.
• Develop and support speculative power and gas trading strategies across physical and financial markets.
• Support pricing, evaluation, and execution of structured deals and provide market intelligence and trading perspectives.
• Manage relationships with counterparties, customers and brokers, negotiating master agreements as applicable.
• Apply risk management practices to mitigate losses and ensure compliance.

Skills

Python

SQL

R

WECC trading

Data analysis

Teamwork

Education

Engineering/Physics/Math/Economics/Finance degree

Tools

Trading platforms

Analytical tools

Job description

A little about Capital Power Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America. Our people are at the core of our journey to deliver reliable, affordable, and lower‑carbon power solutions. We provide purpose‑driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

Capital Power is seeking a highly motivated and analytical individual to join our Western US Trading team.

This exciting opportunity is for a trader who will join the desk to dispatch and optimize the company’s assets, identify and execute speculative trading opportunities across short‑term physical and financial power and gas markets in WECC, CAISO, SPP, and ERCOT. The candidate will also be involved in supporting the development and execution of structured transactions, long‑term hedging strategies, and portfolio management initiatives. The successful candidate will have a quantitative background with a proven track record of creating and executing physical power flows across the Western U.S., financial trading strategies, and risk management strategies.

You will contribute to our team by:

• Optimizing Capital Power’s assets across the WECC/CAISO across different trading horizons, from daily dispatch and short‑term execution to developing and expressing views in the forward markets.
• Developing and supporting ongoing speculative power and gas trading strategies across physical and financial markets.
• Supporting the pricing, evaluation, and execution of structured deals, providing market intelligence, commercial feedback, and trading perspectives throughout the development and negotiation process.
• Managing relationships with counterparties, customers and brokers, including the negotiation of master agreements, EMAs and AMAs where applicable.
• Applying risk management practices to mitigate losses and ensure compliance with policies and regulations.
• Collaborating with Operations, Risk Management, and Finance departments to support trading activities.

What you will bring to the role:

• Education: Degree(s) in Engineering, Physics, Math, Economics, Finance, or a related field.
• Experience: 3+ years of experience in physical power trading in real time or day ahead, with experience purchasing and flowing power throughout WECC on many transmission service providers, specifically in the Western US Experience importing and exporting power between CAISO, SPP, and WECC.
• Technical Skills: Proven ability to analyze large datasets, develop analytical models, and draw actionable insights. Proficiency in relevant trading platforms and analytical tools, such as Python, SQL, and R.
• Excellent communication and interpersonal skills, with the ability to work collaboratively in a team-oriented environment.

Working Conditions

This is an office-based position located in Capital Power’s Calgary office.

Additional Details

• This position will remain open until a suitable candidate is found.

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

We believe that creating a culture that supports employees’ physical, mental, financial, and social wellbeing is critical to our success.

Benefits

• That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs.
• We also provide comprehensive onboarding, training, and programs supporting your career development.
• Depending on the posting requirements relocation assistance may be available.
• Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!