Real Time Trader I, II or Senior [MKT]

Tucson Electric Power Company; Tucson (AZ); On-site; USD 65,000 - 100,000; Full time

Job summary

Tucson Electric Power Company is seeking a Real Time Energy Trader to acquire and schedule generation and transmission resources to meet forecasted next-hour retail and wholesale demand. The role entails negotiating with other power marketers on hourly energy terms and prices.

Responsibilities include forecasting load, scheduling generation, and maximizing profitability through real-time energy trading, with shift work requiring availability at all hours in office or remotely where possible.

Qualifications

• Understanding of the utility business.
• Strong quantitative, analytical and computer skills.
• Ability to work independently and communicate effectively.
• Shift work with availability at all hours, in office or remote.

Responsibilities

• Forecasts load and develops plan to fulfill load requirements using available resources.
• Determines scheduling of electrical generation to meet demand.
• Responsible for buying and selling energy on a real-time basis to maximize profitability.
• Optimizes scheduling of generating resources and uses sales, purchases and banking of power to maximize economy and reliability.
• Negotiates with other power marketing entities for hourly power terms and pricing.
• Schedules power transactions with generation control and transmission control supervisors.
• Acquires and schedules transmission service with transmission providers.
• Interacts with regional utilities to monitor inter-utility market conditions.
• Interprets contract provisions regarding rate, billing, scheduling and performance.
• Maintains awareness of applicable Federal and State regulations.
• Position may serve affiliates under UNS Energy Code of Conduct.

Skills

Utility industry knowledge

Independence and communication

Quantitative and analytical skills

Shift work availability

Tools

Spreadsheets

Electronic trading platforms

Job description

We are looking for talented individuals who are passionate about making an impact in the company and the community. and become part of the dynamic energy industry!

Position Description:

To acquire and schedule generation and transmission resources in order to meet forecasted next-hour retail and wholesale demand. To represent the company in negotiations with representatives of other power marketing entities regarding bulk power transactions, including amount, price and other contract terms.

Position-Related Responsibilities:

• Forecasts load and develops plan to fulfill load requirements using available TEP and market generating resources.
• Determines the scheduling of electrical generation required to meet demand load requirements.
• Responsible for buying and selling energy on a real-time basis to maximize profitability.
• Optimizes scheduling of TEP generating resources and utilizes sales, purchases and banking of power and energy with other entities in a way that maximizes economy and reliability.
• Negotiates with representatives of other power marketing entities for the sale or purchase of hourly power, including amount, price and other contract terms.
• Schedules power transactions with TEP generation control supervisors.
• Acquires and schedules transmission service with TEP transmission control supervisors and other transmission providers.
• Interacts with regional utility companies to keep abreast of inter-utility issues and to assess short-term market conditions.
• Interprets contract provisions with respect to rate, billing, power scheduling, and other matters of performance under the terms of contracts, as required.
• Maintains an awareness and understanding of applicable Federal and State regulations.
• This position may provide services to affiliates of the Company subject to the UNS Energy Code of Conduct and the related Policies and Procedures.

Knowledge, Skills and Abilities:

• Understanding of the utility business.
• Working knowledge of economic and technical principles of electrical generation and transmission systems.
• Ability to work independently, communicate effectively, and strong quantitative, analytical, and computer skills.
• Position entails shift work. Ability to be available at all hours whether in office or remotely due to nature of shift work.

Real Time Energy Trader I:

• Minimum 1 year utility or equivalent combination of education and experience. Power or related energy trading experience preferred.
• Ability to work with spreadsheets and various electronic platforms.
• Ability to comprehend and execute basic energy contracts.

Real Time Energy Trader II:

• 3 years utility or power marketing experience, 1 year trading experience or equivalent combination of education and experience.
• Ability to work alone with minimal supervision.
• Ability to comprehend and execute basic energy contracts.

Real Time Energy Trader Senior:

• 5 or more years of energy trading or scheduling experience or equivalent combination of education and experience.
• Ability to work alone without supervision while providing necessary guidance to Real Time Energy Trader I.
• Ability to comprehend and execute complex energy contracts.