Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources. The company needs to identify trading opportunities and optimize its portfolio by developing and maintaining statistical and fundamental models.
Requirements
- Demonstrated aptitude applying Microsoft Excel as an analytical tool; knowledge of other programing tools is a plus
- Demonstrated understanding Microsoft Office products (Excel, PowerPoint, and Word)
- Knowledge of the energy industry, specifically the independent power or utility sector, is a plus
Responsibilities
- Will assist with developing and maintaining statistical and fundamental models to identify trading opportunities that can be applied on the power, gas and environmental trading desk in the West Region.
- Will assist with monitoring variables that influence pricing, availability, and reliability of power resources.
- Will assist with monitoring and analyzing portfolio performance to identify trading, optimization of existing contracts, and other commercial opportunities.
- Will assist with analyzing the current market and competitive conditions.
- Will assist with analyzing and evaluating complex energy transactions to ensure that all relevant aspects of the transaction including price, transmission, delivery point, product, counterparty, and other contractual terms are favorable to the portfolio and consistent with company guidelines for risk management.
- Assists portfolio managers in solving operational problems and associated technical issues; modifies existing tools, techniques, and processes.
- Will develop, update, and maintain analytical tools used by traders
Other
- Candidate should be working on a Bachelor’s or Master’s degree in a quantitative or analytical field, such as business, mathematics, statistics, economics, finance, accounting, engineering, or similar at an accredited college or university.
- Must have at least 60 hours of undergraduate coursework completed by the start of the internship.
- Minimum GPA 3.3
- Legally eligible to work in the United States now and in the future for any company
- Able to work autonomously
- Strong verbal and written communication skills are a must
- Team player who enjoys diving into issues, brainstorming solutions, and learning new methods and tools to address problems
- High degree of enthusiasm and drive
