Vistra Corp.

Day-Ahead Trader ISO

Vistra Corp.$80K — $120K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-5 years in Commercial Asset Management, Trading, or Market Analytics.
  • Proficient in Microsoft Office, especially Excel for complex models.
  • Experience managing diverse project teams.
  • Strong analytical and quantitative abilities.
  • Familiar with power and fuel markets.
  • Excellent communication and interpersonal skills.
  • Basic knowledge of coal and gas-fired power plant operations.

Responsibilities

  • Develop Day Ahead and Real Time submissions for PJM assets.
  • Schedule all physical power trades efficiently.
  • Coordinate gas purchases with fuels team and manage supply imbalances.
  • Work with Sold Fuel team on coal inventory management.
  • Partner with Operations to optimize outage and testing schedules.
  • Provide thought leadership for operational and financial enhancements.
  • Act as Subject Matter Expert (SME) on PJM market rules.

Benefits

  • Collaborative work environment that encourages initiative.
  • Opportunities for professional development in asset management and trading.
  • Dynamic and fast-paced work culture.
Full Job Description
Job Summary
Responsible for managing all aspects of PJM physical and financial positions for the cash month including DA and RT energy and ancillary service bidding for all PJM generation assets and wholesale and retail load

Job Description

Key Accountabilities
• Development of all Day Ahead and Real Time submissions for PJM assets, submittal of Retail DA bids in compliance with all FERC, PJM and internal policies and procedures
• Schedule all physical power trades
• Coordinate gas purchases with fuels team and assist in managing imbalance
• Coordinate coal inventory with Sold Fuel team
• Coordinate with Operations to develop and optimize outage and testing schedules for the PJM fleet
• Provide thought leadership on operational and financial improvements within Asset Management
• SME on all PJM market rules
• Follow and provide SME input to Regulatory on changes to PJM Market Rules
• Serves as a resource for Adapt2 market submissions systems including development and maintenance
• Direct other analytical projects and studies as necessary to maximize the value of the PJM assets.
• Responsible for scheduling all physical power trades and other associated tasks.
• Assist in directing RT dispatch team on real time optimization of assets.
• Provide input to cash month P&L and analyze for adjustments to strategy
• Provide input into DSO modeling for assets
Education, Experience, & Skill Requirements
• 2-5 years' experience in Commercial Asset Management, Trading, or Market Analytics.
• Highly proficient in full complement of Microsoft Office products like Word and PowerPoint, and most importantly Excel (experienced in the creation and use of complex Excel-based models).
• Must be able to work in an active, fast-paced, and open environment that is frequently noisy.
• Excellent analytical and quantitative skills.
• Knowledgeable of power and fuel markets
• Demonstrated project management skills with the ability to guide and influence diverse project teams.
• Strong self-starter and taker of initiative with a demonstrable history of focused/timely successful completion/execution of key deliverables
• Excellent interpersonal and communication (both oral and written) skills.
• Ability to work productively and constructively in a collaborative team environment.
• General understanding of power plant operations, both coal and gas-fired plants.
• High school diploma or equivalent
• Experience gained through college degree programs and/or certifications is applicable to above skills

Key Metrics
• Achieve optimized risk and hedge portfolio

#LI-ND1

Job Family
Trading

Company
Luminant Energy Company LLC

Locations
Irving, Texas

Texas

About Vistra Corp.

Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company that provides essential resources to customers, businesses, and communities from California to Maine. Based in Irving, Texas, Vistra is a leader in the energy transformation with an unyielding focus on reliability, affordability, and sustainability. The company safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. In the 2020 Forbes Global 2000, Vistra Energy was ranked as the 756th-largest public company in the world. The company owns the Moss Landing Power Plant in California which currently contains the largest battery energy storage system in the world. In 2016, Texas Competitive Electric Holdings, parent company of TXU Energy and Luminant, emerged from Chapter 11. TCEH was then rebranded as Vistra Energy. Vistra acquired Dynegy in 2018. In 2019, Ambit Energy was acquired, resulting in a 32% residential market share in ERCOT, with NRG Energy as its largest competitor. It also acquired Crius Energy in 2019.
Learn more about Vistra Corp.
Size
5,060 employees
Market Cap
$9,272
Industry
5 Year Trend
+1460%
NASDAQ

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