Real Time Trader

Portland General Electric Company • Tualatin, OR

2d • Hybrid

About The Position

At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all. As a Real Time Trader, you will have the unique opportunity to optimize PGE's energy resources by purchasing and selling energy on an hourly/daily basis to meet fluctuations in supply and demand. You will monitor critical resources including reservoir levels, wind forecasts, and fuel supply to ensure efficient dispatch of generating facilities while implementing strategic bidding in commodity markets. A successful candidate will have intermediate skills in analyzing energy market conditions and negotiating contracts, combined with strong analytical thinking and decision-making abilities in fast-paced environments. Join our team and become part of the dynamic world of real-time energy trading, where your decisions directly impact the reliability and sustainability of power delivery to nearly 900,000 customers across Oregon. Experience the excitement of navigating the Western power markets while contributing to PGE's clean energy future.

Requirements

• 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.
• 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

Nice To Haves

• Experience preferred in generation dispatching or real- time operation of power plants or transmission systems.

Responsibilities

• Power Supply Management - 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.
• Power Marketing - 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.
• Accounting and Reporting - 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.
• Transmission Management - 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.
• External Relations - Develops working relationships with scheduling personnel, energy marketers and utilities to transact business.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees