Energy Trading Analyst

Hunt Services CompanyHouston, TX
6dOnsite

About The Position

Hunt Energy Network is a dynamic and innovative power trading company operating in the Electric Reliability Council of Texas (ERCOT) market. We specialize in optimizing electricity trading and generation to ensure a reliable power supply while maximizing profitability. As a leader in the energy industry, we are seeking a skilled Energy Trader to join our team and contribute to our continued success. We are looking for a highly analytical and detail-oriented Energy Trading Analyst to support our distributed thermal and battery trading operations within the ERCOT market. The role requires a deep understanding of power markets, market rules, and trading strategies. The Energy Trader plays a pivotal role in revenue maximization through Real-Time and Day-Ahead trading, portfolio management, and fuel optimization.

Requirements

  • Excellent quantitative and analytical skills, with the ability to interpret complex data to identify trends and draw actionable insights.
  • Exceptional attention to detail, accuracy, and ability to manage large datasets while maintaining data integrity.
  • Excellent verbal and written communication skills, with the ability to convey complex information clearly to both technical and non-technical stakeholders.
  • Strong teamwork and collaboration skills, with the ability to work effectively in cross-functional environments.
  • Proven ability to identify problems, propose solutions, and drive process improvements.
  • Thrives in a fast-paced and dynamic environment, adapting to changing market conditions and priorities.

Nice To Haves

  • A bachelor’s degree in finance, economics, business, or related field is a plus.
  • An advanced degree or relevant certifications (CFA, CPA) are also a plus.
  • Knowledge of ERCOT market operations, regulations, and pricing dynamics is a plus.
  • Knowledge of data analytics tools is a plus.

Responsibilities

  • Real-Time Power Trading: Identify and execute real-time revenue trading strategies across a distributed asset fleet.
  • Develop and execute trading strategies based on market analysis and grid conditions.
  • Monitor market prices, load forecasts, and generation output to identify trading opportunities.
  • Portfolio Management: Execute daily Real-Time and Day-Ahead revenue optimization strategies and portfolio optimization.
  • Fuels Management: Schedule and optimize fuels, including natural gas and diesel for the thermal generation fleet.
  • Market Insight: Analyze forecasts, models, and daily real-time performance to improve the dispatch and charge of battery assets.
  • Conduct detailed analysis of market trends, regulatory changes, and other factors impacting power markets.
  • Use data analytics tools and models to forecast market movements and inform trading decisions.
  • Stay up to date with regional market rules, transmission constraints, and system operator procedures.
  • Financial Reporting: Prepare accurate and timely financial reports related to daily power trading revenues, including revenue reconciliation, variance analysis, and forecasting.
  • Prepare and present daily market reports, including price movements, market conditions, and trading performance.
  • Scenario Analysis: Create scenario analysis to assess the impact of potential market changes, regulatory shifts, and trading strategies on revenue generation.
  • Collaboration: Work closely with the Assets and Finance teams to communicate revenue insights effectively, facilitate alignment, and contribute to overall business strategy.
  • Work closely with Network Services to facilitate strategic initiatives into the algorithms.
  • Process Enhancement: Continuously identify opportunities to streamline revenue-related processes, improve efficiency, and implement best practices.
  • Improve trading tools, models, and processes to enhance trading efficiency and accuracy.
  • Ad hoc Projects: Data analysis and contribute to special projects, ad hoc analysis, and initiatives aimed at enhancing the company's revenue optimization efforts.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service