LRE (Leeward Renewable Energy) is looking to solve the problem of modeling transmission systems and pricing congestion risk across its portfolio to identify short-term trading opportunities and mitigate basis risk.
Requirements
Proficiency in power flow modeling.
Experience with transmission modeling, virtual trading and FTR auctions across multiple ISOs, PJM, ERCOT and CAISO preferred.
Knowledge of wholesale markets power markets and general ISO operations.
Strong understanding of transmission systems, drivers of nodal pricing changes and associated power flows.
Can run, scope and interpret power flow models such as Pro-Mod, Power World and/or others.
Experience with transmission modeling tools (Dayzer, YES, etc.).
Experience working within SQL and database structures preferred.
Responsibilities
Research, model, and price congestion fundamentals (sources and sinks) in multiple ISOs.
Validate and analyze congestion models for accuracy and completeness.
Manage/mine large data sets to identify and price trading opportunities that mitigate basis risk and enhance/protect expected revenue.
Perform quantitative analyses and econometric studies of energy markets and translate wholesale market changes into strategic opportunities.
Maintain, execute, and calibrate power flow optimization models (e.g. YES, Powerworld, Dayzer) needed to develop trading strategies.
Provide daily analysis of market congestion set-up to inform daily virtual trades and PTP transactions.
Produce nodal LMP forecasts across multiple ISOs for short-term and long-term cases.
Other
3 to 5 years’ experience on a FTR desk, congestion, or energy market analysis team.
Critical thinker with strong analytical skills capable of identifying risk mitigating and revenue enhancing strategies.
Tableau or Power BI skills preferred.
Proficient with Excel and Word.
This position will travel 10% of time.
Position will require sitting for long periods of time as well as occasionally lifting up to twenty-pound boxes.
Must hold bachelor’s degree in STEM or a business discipline.
