Power Marketing Trader (Hybrid - La Crosse, WI)

Dairyland Power CooperativeLa Crosse, WI
Hybrid

About The Position

The Power Marketing Trader is responsible for monitoring hourly forecasts of Dairyland and its wholesale customers load requirements and capabilities of Dairyland’s generation assets and that of its customers. Coordinate with Dairyland System Operation Center to ensure load serving and MISO obligations are met. Implement changes to Unit Limits and member/customer schedules as required to fulfill MISO obligations/requirements. Develop the proficiency to become a contributing member of Dairyland’s market trading team, with primary emphasis on next day trading.

Requirements

  • Bachelor of Science degree in Engineering, Accounting, Finance, Analytics, or Business, or an equivalent combination of education and experience.
  • Experience or knowledge in areas such as transaction negotiation, commodities transactions, managing energy resources, economic-based purchases, and administering long-term contracts, particularly with an electric utility or in a technical position related to energy production.
  • Knowledge of standard energy products and wholesale power markets preferred.
  • Must possess an understanding of and compliance with risk management policies and procedures.
  • Must have the ability to identify system limitations and follow the steps necessary to create a solution.
  • Must have the ability to react quickly and make decisions in a fast-paced environment.
  • Computer proficiency in spreadsheets, word processing, and database management also required.
  • Must be goal oriented, adaptable to change, foster innovation, and display teamwork behaviors.
  • Ability to give, receive, and document information.
  • Must be physically able to perform the essential functions of the job.
  • Valid driver’s license required.
  • A background check involving employment history, credit history, and criminal records must be passed.
  • Individual required to abide by Dairyland’s Risk Management Policy and Procedures and business ethics requirements, as condition of employment.

Nice To Haves

  • Experience in trading, scheduling energy, or utility-related dispatch functions is preferred.
  • Additional non-retail sales experience within the electric utility and energy production sectors will also be considered.
  • Contract knowledge desired.
  • Knowledge of MISO and other regional marketing policies and procedures desirable.

Responsibilities

  • Work to ensure that Dairyland meets MRO and NERC reliability standards with respect to Purchasing/Selling Entities.
  • Monitor and update MISO Market Portal to ensure unit capabilities are properly represented.
  • Responsible for bidding Dairyland’s loads and that of its wholesale customers and generation offers in the MISO Day Ahead and Real Time energy markets to maximize the benefits/value of their load and generation assets consistent with Risk Management Policies and Procedures.
  • Initiate purchase or sales energy transactions with approved counter parties that settle financially or are expected to go to physical delivery within established trading limits.
  • Review offers for appropriate inclusion into the Reliability Assessment Commitment (RAC).
  • Document RAC cleared offers in appropriate medium and contact appropriate SOC/Generation personnel.
  • Monitor generator dispatch modes and 5- and 10-minute dispatch instructions.
  • Modify and/or create Municipal and Grandfathered Agreement Transmission (GFA) tags as directed.
  • Perform price and costing analysis as directed by trading staff.
  • Assist in execution of trades as directed.
  • As a member of the marketing team, assist in the establishment of marketing goals and strategies to achieve those goals. Share with other members of the marketing team for market intelligence and structure information.
  • Keep abreast of market and industry changes, including MISO procedures and applicable MRO standards. Review trade journals, regulatory changes, and technical papers. Attend conferences and seminars as appropriate.
  • Represent Dairyland on MISO or other industry subcommittees and/or task forces, as assigned.
  • Perform other duties as assigned.

Benefits

  • On-call status, which will require evening and weekend work.
  • Occasional travel for training.
  • Occasional travel for business meetings, meetings with customers and training.
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