Strategic Day-Ahead Power Trader

Tacoma Public Utilities; Tacoma (WA); On-site; USD 141,000 - 199,000; Full time

Job summary

Tacoma Power, part of Tacoma Public Utilities, seeks a Day-Ahead Energy Trader to optimize the bulk power supply and negotiate near‑term energy trades.

You will analyze hydro resources, manage risk, and collaborate with operations teams to prepare for day‑ahead markets and industry changes while supporting wholesale revenue growth. In-office 3 days/week, with evolving schedules.

Strong quantitative skills and experience in wholesale energy markets are essential for success in this role.

Qualifications

• Bachelor's degree in business, economics, mathematics, engineering or related field.
• 3 years of experience in wholesale energy marketing/planning, quantitative analysis or related utility operations.

Responsibilities

• Develop a thorough understanding of Tacoma Power’s hydroelectric resources and their power and non‑power constraints. Apply this knowledge to develop day‑ahead proposals that optimize these resources while taking into account hydro and price uncertainty and other risks.
• Negotiate and execute physical trades of power supply products in conformance with Tacoma Power’s trading guidelines and risk management policies.
• Lead and help prepare Tacoma through rigorous analysis for industry changes such as the Western Resource Adequacy Program, BPA Provider of Choice and Organized Day Ahead Markets. Lead and coordinate daily stand‑up meeting briefing staff regarding day‑ahead trading and strategies executed.
• Create and lead new trading strategies that can optimize Tacoma’s generation portfolio. Plan and coordinate operation of generation resources and transmission facilities. Secure transmission for energy sales and purchases. Collaborate with policy analysts to develop strategies for Tacoma’s carbon‑free resources in compliance with State programs.
• Collaborate and strategize with operations & real‑time trading staff on resource planning and market fundamentals to optimize wholesale revenues.
• Develop daily and near‑term generation and interchange plans in accordance with established guidelines. Assure compliance with reliability standards and regulatory requirements.
• Prepare and execute Executive Presentations on industry changes and challenges to prepare Tacoma leadership teams.

Education

Bachelor's degree in business, economics, mathematics, engineering or related field

Job description

Tacoma Power, part of Tacoma Public Utilities, seeks a Day-Ahead Energy Trader to optimize the bulk power supply and negotiate near‑term energy trades.

You will analyze hydro resources, manage risk, and collaborate with operations teams to prepare for day‑ahead markets and industry changes while supporting wholesale revenue growth. In-office 3 days/week, with evolving schedules.

Strong quantitative skills and experience in wholesale energy markets are essential for success in this role.