Real Time Trader I, II or Senior [MKT]

Tucson Electric Power

• $80K — $95K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1+ years experience in utility or related energy trading (Real Time Energy Trader I).
  • 3+ years in utility or power marketing with 1 year trading experience (Real Time Energy Trader II).
  • 5+ years of energy trading or scheduling experience (Real Time Energy Trader Senior).
  • Strong knowledge of electrical generation and transmission systems.
  • Proficiency in interpreting energy contracts and market conditions.

Responsibilities

  • Forecast load and create plans to meet generation and transmission requirements.
  • Schedule electrical generation to align with demand.
  • Buy and sell energy in real-time for profit maximization.
  • Optimize scheduling of resources for economical and reliable operations.
  • Negotiate bulk power transactions with other entities.
  • Manage power transaction schedules with generation control supervisors.
  • Acquire transmission service from control supervisors and providers.

Benefits

  • Opportunity for remote work due to shift nature of the job.
  • Comprehensive exposure to power marketing negotiations.
  • Potential for career growth within energy trading roles.
  • Engagement with regional utility companies to broaden industry understanding.
  • Experience with federal and state regulatory compliance.
Full Job Description
Position Description:
To acquire and schedule generation and transmission resources in order to meet forecasted next-hour retail and wholesale demand. To represent the company in negotiations with representatives of other power marketing entities regarding bulk power transactions, including amount, price and other contract terms.

Position-Related Responsibilities:
  • Forecasts load and develops plan to fulfill load requirements using available TEP and market generating resources.
  • Determines the scheduling of electrical generation required to meet demand load requirements.
  • Responsible for buying and selling energy on a real-time basis to maximize profitability.
  • Optimizes scheduling of TEP generating resources and utilizes sales, purchases and banking of power and energy with other entities in a way that maximizes economy and reliability.
  • Negotiates with representatives of other power marketing entities for the sale or purchase of hourly power, including amount, price and other contract terms.
  • Schedules power transactions with TEP generation control supervisors.
  • Acquires and schedules transmission service with TEP transmission control supervisors and other transmission providers.
  • Interacts with regional utility companies to keep abreast of inter-utility issues and to assess short-term market conditions.
  • Interprets contract provisions with respect to rate, billing, power scheduling, and other matters of performance under the terms of contracts, as required.
  • Maintains an awareness and understanding of applicable Federal and State regulations.
  • This position may provide services to affiliates of the Company subject to the UNS Energy Code of Conduct and the related Policies and Procedures.


Knowledge, Skills and Abilities:
  • Understanding of the utility business.
  • Working knowledge of economic and technical principles of electrical generation and transmission systems.
  • Ability to work independently, communicate effectively, and strong quantitative, analytical, and computer skills.
  • Position entails shift work. Ability to be available at all hours whether in office or remotely due to nature of shift work.


Real Time Energy Trader I:
  • Minimum 1 year utility or equivalent combination of education and experience. Power or related energy trading experience preferred.
  • Ability to work with spreadsheets and various electronic platforms.
  • Ability to comprehend and execute basic energy contracts.


Real Time Energy Trader II:
  • 3 years utility or power marketing experience, 1 year trading experience or equivalent combination of education and experience.
  • Ability to work alone with minimal supervision.
  • Ability to comprehend and execute basic energy contracts.


Real Time Energy Trader Senior:
  • 5 or more years of energy trading or scheduling experience or equivalent combination of education and experience.
  • Ability to work alone without supervision while providing necessary guidance to Real Time Energy Trader I.
  • Ability to comprehend and execute complex energy contracts.

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