Real-Time Power Trader – Market & Dispatch Specialist

We Energies; Milwaukee (WI); On-site; USD 104,000 - 180,000; Full time

Job summary

Wisconsin Electric Power, a subsidiary of WEC Energy Group, seeks a Power Trader in Milwaukee, WI. The role focuses on minimizing net costs by maximizing value of owned and contracted generation resources while supporting reliable bulk electric system operations.

The position requires a background with generation, bulk electric system operations, or wholesale markets, plus NERC certification or pursuit within six months.

Qualifications

• Bachelor’s Degree, or in lieu of a degree, a minimum of 5 years’ experience in generation, bulk electric system operations, and/or wholesale electric markets.
• Strong analytical and computer skills.
• NERC system operator certification required or the ability to obtain certification within six months.

Responsibilities

• Continuously evaluate company-owned and contracted generator availability and performance and maintain and update generation resource offers, in order to maximize the value of these assets in both the Day Ahead and Real Time markets.
• Support NERC, RFC, MRO and MISO reliability requirements (Operating Reserve, Regulating Reserve, Control Performance Standard, Balancing Authority Area Control Error, etc.).
• Dispatch owned and contracted generation resources in real time (24x7) to support reliability in an economic and safe manner.
• Use load forecasting applications, weather forecasting services, weather and load history, and experience to forecast system loads.
• Create demand bids using load forecasts, market price forecasts for Day Ahead and Real Time markets, projected generator availability and commitments, projected net position, transmission system topology expectations derived from available information and experience, and in consideration of interrelationships with Financial Transmission Rights and generation asset values.
• Use pricing, operating, and market-driven tactics to create and optimize the WEC Energy Group net asset portfolio (load assets, generation assets, financial transmission rights, and other financial instruments) while maintaining compliance with Independent Market Monitor rules and requirements.
• Work closely with personnel in Electric System Operations and Green Bay Remote Operations to reliably and economically dispatch WEC Energy Group generation.
• Communicate frequently with personnel in Electric System Operations, Green Bay Remote Operations and power plants and with the MISO and ATC and other business partners as needed.
• Coordinate unit availability, maintenance requirements, and outage requirements for owned and contracted generation in a reliable and cost-effective manner.
• Develop an understanding of various energy resources as the fleet incorporates new technologies under ESG and GRP initiatives.
• Operate multiple computer applications for market operations, settlement, planning, monitoring and reporting purposes.
• Develop and maintain an in-depth understanding of MISO operations and settlement business practices, rules and procedures, NERC reliability standards, and RFC/MRO reliability requirements.

Skills

Analytical skills

Computer skills

Education

Bachelor's degree or 5 years experience

Job description

Wisconsin Electric Power, a subsidiary of WEC Energy Group, seeks a Power Trader in Milwaukee, WI. The role focuses on minimizing net costs by maximizing value of owned and contracted generation resources while supporting reliable bulk electric system operations.

The position requires a background with generation, bulk electric system operations, or wholesale markets, plus NERC certification or pursuit within six months.