Real Time Trader jobs in United States
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Portland General Electric · 1 week ago

Real Time Trader

Portland General Electric (PGE) is committed to advancing innovative clean energy solutions. As a Real Time Trader, you will optimize energy resources by purchasing and selling energy to meet supply and demand fluctuations, while monitoring critical resources and implementing strategic bidding in commodity markets.

Electrical DistributionEnergyRenewable Energy
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H1B Sponsor Likelynote

Responsibilities

Monitors reservoir levels, wind forecasts and fuels supply to optimize use of generation resources and arrange generation operations to meet load and reserve requirements for each hour; utilizes outage information to ensure efficient commodity market dispatch of PGE generating facilities; develops and submits base schedules and energy bids to the commodity market operator on an hourly basis; schedules short-term interutility exchanges of power and related power products; negotiates and purchases hourly and daily supplies of energy; determines price/risk tradeoffs of various power system operating strategies; implements term and day-ahead contracts based on negotiated terms; develops day-ahead schedules for controllable resources
Negotiates real-time energy sales, purchases and wheeling arrangements with other entities, including hourly and daily sales of surplus power throughout the Western Electricity Coordinating Council (WECC); analyzes and develops near-term wholesale marketing and commodity market bidding strategies; identifies and evaluates price/risk tradeoffs of various power sale/supply/transmission scenarios; implements near-term wholesale market strategies to meet revenue objectives; monitors West Coast power markets to capture market information that will facilitate economic transactions
Documents and maintains records for PGE's Merchant Real Time Operations' activities and wholesale power transactions; produces reports for governmental agencies, merchants, balancing authorities, accounting and contracting personnel and others as required
Redirects and/or purchases transmission to meet PGE's needs for Merchant Real Time Operations' activities; resells PGE purchased transmission that is surplus; provides for efficient and economic transfer of system resources within the EIM footprint; accounts for all transmission activities
Develops working relationships with scheduling personnel, energy marketers and utilities to transact business

Qualification

Energy market analysisContract negotiationElectric power generationTransmission managementAnalytical thinkingDecision-makingDiplomacy skillsComputer skillsWritten communicationOral presentationProblem-solving

Required

Requires a bachelor's degree in mathematics, finance, business, economics or other related field or equivalent experience
Typically five or more years in the energy industry or related field. Experience preferred in generation dispatching or real-time operation of power plants or transmission systems
Intermediate knowledge of electric bulk power generation, transmission and operating systems
Intermediate knowledge of regional electric utilities, Northwest and Southwest power markets and power and wheeling market pricing and practices
Intermediate skills in analyzing energy market conditions or trends
Intermediate knowledge of the theory, precepts, practices and requirements of balancing authority operations
Intermediate knowledge of contract law, rules and regulations
Intermediate knowledge of water management policies and procedures for hydro facilities
Intermediate skills in negotiating contracts
Intermediate computer skills in using spreadsheets
Intermediate analytical thinking skills
Intermediate decision-making skills
Intermediate diplomacy skills
Intermediate problem-solving skills
Intermediate written and oral presentation skills
Ability to adhere to set response times, deadlines and time-sensitive tasks
Ability to follow accuracy standards
Ability to follow through on decision-making tasks
Ability to interact effectively and collaboratively within a team environment
Ability to communicate and problem solve when under stress
Ability to respond and adapt to frequent change
Ability to accept and demonstrate self-awareness when provided constructive feedback
Ability to discern feedback and acknowledge ownership of areas of improvement
Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks
Ability to successfully collaborate with peers, managers and others within the organization
Demonstrates sound memory
Ability to process new information to be applied consistently to work tasks
Ability to adhere to pre-established schedule, including start/stop time and break/lunch schedule
Ability to work long hours
Ability to work a variable schedule
Ability to report to work and perform work during periods of severe inclement weather
Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance
Ability to work shift schedule
Ability to work on-call schedule

Benefits

Performance based incentive bonus
Total rewards package

Company

Portland General Electric

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Portland General Electric (PGE) is a vertically integrated electric utility engaged in the generation, purchase, transmission.

H1B Sponsorship

Portland General Electric has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (30)
2024 (24)
2023 (13)
2022 (26)
2021 (26)
2020 (17)

Funding

Current Stage
Public Company
Total Funding
$379.5M
Key Investors
US Department of Energy
2023-05-10Grant· $4.5M
2022-10-25Post Ipo Equity· $375M
2006-04-03IPO

Leadership Team

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Maria Pope
President and Chief Executive Officer
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Joseph Trpik
Senior Vice President and Chief Financial Officer
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Company data provided by crunchbase