Internship - Power Trader

Calpine • Houston, TX

138d

About The Position

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner. The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Requirements

• Candidate should be working on a Bachelor's or Master's degree in a quantitative or analytical field, such as business, mathematics, statistics, economics, finance, accounting, engineering, or similar.
• Must have at least 60 hours of undergraduate coursework completed by the start of the internship.
• Minimum GPA 3.3.
• Legally eligible to work in the United States now and in the future for any company.
• Demonstrated aptitude applying Microsoft Excel as an analytical tool; knowledge of other programming tools is a plus.
• Able to work autonomously.
• Demonstrated understanding of Microsoft Office products (Excel, PowerPoint, and Word).
• Knowledge of the energy industry, specifically the independent power or utility sector, is a plus.
• Strong verbal and written communication skills.
• Team player who enjoys diving into issues, brainstorming solutions, and learning new methods and tools to address problems.
• High degree of enthusiasm and drive.

Nice To Haves

• Knowledge of the energy industry, specifically the independent power or utility sector.

Responsibilities

• Assist with developing and maintaining statistical and fundamental models to identify trading opportunities on the power, gas, and environmental trading desk in the West Region.
• Monitor variables that influence pricing, availability, and reliability of power resources.
• Analyze portfolio performance to identify trading, optimization of existing contracts, and other commercial opportunities.
• Analyze the current market and competitive conditions.
• Evaluate complex energy transactions to ensure favorable terms for the portfolio consistent with company guidelines for risk management.
• Assist portfolio managers in solving operational problems and associated technical issues.
• Develop, update, and maintain analytical tools used by traders.
• Gain knowledge of power and capacity markets with an emphasis on the California Independent System Operator.
• Understand the regulatory dynamics for power.
• Develop strong presentation skills to present complex subject matter clearly and convincingly.
• Gain project management skills to work across multiple disciplines.

Benefits

• Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
• Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities.

What This Job Offers

• Career Level: Intern
• Industry: Utilities
• Education Level: Bachelor's degree