Power System Trader

Xcel Energy•Denver, CO

14h

About The Position

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for. Position Summary Coordinate and maintain hourly energy balance between demand requirements and supply resources at the lowest possible cost. Dispatch generation facilities and purchase power resources with economic consideration and to maintain system integrity, meeting all reliability requirements as established by NERC or other authority. Develop and maintain an hourly system position and derive economic incremental and avoided cost pricing signals. Maximize the economic benefit to the system by identifying additional trading opportunities available through the open market, and engage in financial and bilateral transactions that benefit the system. NERC certification is a requirement to this position. As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team. You. Us. Together. At Xcel Energy, we’re more than an energy company. We’re reinventing how we power communities. Redefining how we care for customers. Reaffirming our commitment to the planet. We’re committed to leading with equity and inclusion. You’re not waiting for change – you’re creating it. You’re driven to protect the environment, support your community, and seek innovation. You want a career that grows with you and an employer who values you. You are reliable, trustworthy and bring integrity to everything you do. We are leading the way in clean energy. We’re using technology and innovation in every facet of our company. We’re providing safe, stable jobs with robust benefits. We keep our customers at the center of all we do. We’re committed to hiring a workforce that reflects the communities we serve. Together, we can provide carbon-free electricity by 2050. Together, we can take care of the environment and our communities. Together, we can create a place where everyone belongs. Together we’re building a better tomorrow.

Requirements

BS or BA in business, economics, mathematics, engineering, or equivalent work experience.
Working knowledge of power systems operations and energy industry structure and market.
NERC certification is a requirement to this position.

Nice To Haves

3 years' experience in power system dispatching.

Responsibilities

Develop an hourly load demand forecast for the current and next day operations.
Derive a system position, incorporating the demand obligations and resource availability, in order to economically direct the commitment of generation facilities within the system and dispatch other contractually available assets to meet total obligation requirements.
Maintain and revise hourly forecasts and system position throughout the day as system conditions change due to unit availabilities, reserve requirements or load deviations.
Coordinate these adjustments with the generating plants.
Plan and schedule short notice facility outages and derates.
Derive system cost signals.
Forecast and optimize natural gas utilization and convey scheduling needs to the fuels group.
Purchase/sell and schedule energy from economic suppliers/sinks on an hourly basis.
Interact and coordinate with the real-time traders to maximize hourly market products for the system.
Optimize the system position with financial and physical energy transactions.
Input and manage hourly binding generation offers and balance system position associated with ISO markets.
Continually monitor the marketplace in search for additional energy trading opportunities.
Coordinate and implement these energy transactions.
Schedule and account for daily/hourly transactions in the power system accounting system, making revisions when necessary to balance books.
Coordinate and confirm daily transactions.
Assist analysts in tracking, trending, and analyzing the performance of the daily dispatch, including asset optimization and scheduled transaction valuation.
Maintain operational documentation via electronic log.
Maintain documentation necessary to verify and complete accurate costing of sales.
Maintain data as required by regulatory staff.
Communicate with Security Coordinators, Control Area Operators and Transmission Operators on a continual basis, exchanging reliability data specific to generation in order to maintain system integrity.
Implement actions requested by any of the previously mentioned authorities in order to provide the necessary system ancillary services and ensure system reliability.
Take corrective action such that service interruptions and equipment damage are minimized.