Senior ERCOT Market Hedging & PPA Lead

Ecotal; United States; Sur place; USD 180 000 - 280 000; Plein temps

Résumé du poste

Ecotal is hiring a Senior Commercial Associate/Executive to own hedging and market execution for our ERCOT-based operating fleet and to support PPA origination and structuring for new opportunities.

You will develop a market view, translate it into hedging strategies, and submit it to ISO markets while reporting results to leadership. Strong ERCOT, Python/SQL, and AI/ML skills are required.

Qualifications

• Master's degree in engineering, economics, finance, mathematics or management.
• 5+ years in U.S. power markets at a developer, IPP, utility, offtaker, trading desk, QSE or advisory firm.
• Demonstrated hands-on ERCOT experience, nodal pricing, congestion and basis risk on renewable assets.
• Working knowledge of DAM/RTM, DART, CRR/PTP products, ancillary services and financial hedging products.
• Experience executing offers, bids or auction submissions into an ISO platform.
• Advanced Excel and modeling, plus Python and SQL.
• Practical experience applying AI or machine learning to forecasting, optimization or workflow automation.
• Ability to present a clear commercial recommendation to senior decision-makers.
• Authorization to work in the United States.

Responsabilités

• Own the quantification and active management of nodal-to-hub basis, congestion and curtailment exposure across the ERCOT fleet.
• Design hedging strategies using swaps, basis swaps, congestion rights, revenue puts and shaped structures.
• Prepare and enter submissions into ISO platforms — day-ahead and real-time offers, ancillary service offers, CRR bids.
• Develop DART strategy and post-auction attribution of realized vs expected value.
• Direct and challenge the QSE: set strategy and hold it accountable for performance.
• Analyze transmission constraints, congestion drivers and price forecasts; translate into forward positioning.
• Own settlement validation and dispute resolution with ISO, QSE and counterparties.
• Support PPA and VPPA origination and negotiation — pricing, basis and shape analysis, settlement mechanics.
• Build analytical tooling and apply AI/ML to price and congestion forecasting, offer optimization and anomaly detection.
• Report commercial performance and market conditions to management and shareholders.

Connaissances

nodal pricing

ERCOT experience

Python

SQL

Excel modeling

AI/ML applied to forecasting

DART strategy

ISO market submissions

presentation to executives

market risk assessment

Formation

Master's degree in engineering/economics/finance/math/management

Outils

Yes Energy/Enverus/Aurora/PLEXOS

ETRM systems

Description du poste

Ecotal is hiring a Senior Commercial Associate/Executive to own hedging and market execution for our ERCOT-based operating fleet and to support PPA origination and structuring for new opportunities.

You will develop a market view, translate it into hedging strategies, and submit it to ISO markets while reporting results to leadership. Strong ERCOT, Python/SQL, and AI/ML skills are required.