Energy Trader

Ortolan; City of Edinburgh; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading company in the energy sector is seeking up to three Energy Traders for a full-time, permanent role in Edinburgh. The successful candidates will manage trading activities in Power, Gas, and UK ETS markets, ensuring compliance and optimizing performance. This role offers a competitive salary, benefits, and training opportunities to develop trading skills in a dynamic environment.

Benefits

Healthcare

30 days annual leave

Discretionary bonus scheme

Defined contribution pension scheme

Qualifications

• Preferably some experience in energy trading or a similar role.
• EPEX Spot Training to trade on the GB Continuous Market is desirable.

Responsibilities

• Responsible for day-to-day trading activities in Power, Gas, and UK ETS markets.
• Carrying out Trading Operations under the direction of the Senior Trader.
• Ensure trading compliance with internal policies.

Skills

Energy Trading

Analytical Thinking

Problem Solving

Entrepreneurial Attitude

Fluent English

Education

Numerate Degree

Job description

• Skills Required: Energy Trading, ETS Markets, Balancing Mechanism, Wholesale Power
• Location: Edinburgh, Scotland

Edinburgh: full-time, permanent role (hybrid)

Competitive salary and benefits

About Forsa Energy

Forsa owns and operates flexible gas generation assets in the GB power & gas market. We are currently looking to further develop our capabilities in the GB power markets in order to improve the way we make commercial decisions and adapt to an ever-changing market.

The business combines the technical capabilities (including feasibility, development, pre-construction and contracting, construction and operations) of developing projects with the financial capabilities (financing, investment assessment, performance optimization, strategic decision making and trading strategy and monitoring) creating a strong foundation from which to establish a significant presence in this market.

To date the current operational portfolio is 300 MW, with additional projects in the pipeline. Forsa Energy is also planning to expand its operations to include solar, wind, battery and other complimentary technologies.

About the role

Forsa Trading is looking to hire up to three Energy Traders as part of the optimisation of Forsa's fleet of flexible gas generation.

You will be responsible for day-to-day trading activities in Power, Gas, and UK ETS markets related to Forsa's Asset Generation; this will include carrying out Balancing Mechanism and wholesale trading optimisation operations in coordination with our Operations Teams and Trading Analyst, and our Senior Trader.

Main role responsibilities and expectations:

• Carrying out Trading Operations under the direction of the Senior Trader and the Commercial Director, including Short Term Wholesale Power, Balancing Mechanism Operations, Carbon Emission Allowance Procurement, and coordination with Gas Suppliers/Shippers
• Contribute to market understanding and improving trading performance
• Ensure trading compliance with internal policies relating to risk management

Required qualifications and competencies:

• Numerate degree, preferably STEM or business related
• Preferably some experience in energy trading or a similar role; however, we are open to candidates that are new to energy trading
• EPEX Spot Training to trade on the GB Continuous Market is desirable; but this can be provided if necessary
• Critical and analytical thinking as well as problem solving skills
• Entrepreneurial attitude; and a willingness to learn on the job
• Ability to take direction and learn from the existing team but also to show initiative and to assume responsibility on processes
• Proactive rather than reactive, positive and enthusiastic
• Fluent English required (fluency in another European language is a plus)
• Comfortable working in shift patterns with other traders, which may include unsociable hours and weekends
• Flexible to travel within the UK on occasion

What you can expect from Forsa:

• An exciting role with a new trading desk optimising flexible generation in the UK
• Training to enable you to trade for our assets
• Competitive salary and benefits package including healthcare, 30 days annual leave, discretionary bonus scheme and defined contribution pension scheme

Please note that candidates must have the right to work in the UK. Apply now with your CV.

By applying for this role, your details will be sent to Ortolan People, who are engaged to provide recruitment support in processing applications. We will endeavour to respond to all applicants within three working days. Occasionally for roles with a very high volume of applicants, this may not be possible.

If you would like to know more about Ortolan People and how we can help you reduce your ongoing recruitment costs, get in touch!

I was extremely impressed with the response rate and would certainly recommend you for use in the future.

I was extremely impressed with the response rate and would certainly recommend you for use in the future.

Jeremy Tuffin Operations Manager Envoplan