Real Time/Day Ahead Energy Trader or Senior
Idaho Power Company, Boise, Idaho, United States, 83708
The Energy Trader sells energy and energy products in wholesale markets on an hourly/daily basis with supervision. The role involves outbound marketing, commercial negotiation, deliverability assessment, structuring and negotiation, credit and risk evaluation, transmission purchasing/reserving, transaction/accounting recording, delivery scheduling and generation dispatch coordination, and complying with industry procedures and regulatory requirements. The position requires work in the Real Time (aka Hour Ahead) and Day Ahead markets on a variable rotating shift schedule that covers a 24/7/365 trading desk.
This role additionally supports the natural gas energy traders and plays a critical role in monitoring market conditions, coordinating nominations, and ensuring reliable gas flows across pipelines. The position contributes to real time scheduling, storage optimization, and asset management while responding quickly to operational changes, weather impacts, and system constraints. Success in the role requires strong communication with traders and system operators to maintain balanced positions, minimize risk, and support both commercial and operational objectives in a fast paced environment.
This position also requires the incumbent to leverage understanding of the electric power sector, including generation, transmission, utilities, markets, and regulations; analyze energy market data and trends; exhibit strong judgement; and demonstrate effective communication with numerous stakeholders to successfully execute transactions for the company. The Energy Trader must also collaborate with others to achieve individual and organizational goals; identify and solve problems; and provide support and direction to drive team’s continuous improvement.* Trading floor operations* Electric and natural gas grid’s supply and demand components and cost calculations/dispatch pricing* Interconnected transmission operations and delivery points* Emergency action procedures* Risk management principles and policies* Energy accounting and energy trading applications* Contracts and credit* WSPP, ISDA, NAESB agreements, OATT, and WECC requirements* EIM bidding and strategy as it pertains to real-time* WECC trading and scheduling practices/calendar* Idaho Power organization, business objectives, and marketing capabilities* Electric utility operations* Basic accounting and economics* Idaho power business practices* Energy market conditions and trends analysis* Adherence to set responsive times, deadlines, and time-sensitive tasks* Functioning with an entrepreneurial and competitive perspective to assist Idaho Power in actively trading in commodities and executing power transactions* Detailed proficiencies of wholesale energy marketing and trading* Negotiating transactions* Economic analysis* Resource optimization* Microsoft (MS) Office software applications* Effective oral and written communication* Documenting transactions and establishing effective job priorities* Development and improvement of job processes as needed in a rapidly evolving environment* Competences with spreadsheet and database computer skills* Understand the financial impact of energy trades* Find creative and innovative ways to market and move energy on an hourly/daily basis* Create and sustain a positive, proactive environment* Establish excellent business relationships with other work groups, both inside and outside Idaho Power* Work collaboratively and participate effectively in a team environment* Communicate effectively* Establish effective job priorities* Perform detailed work with a high degree of accuracy* Work without direct supervision and be willing to take the initiative to resolve problems* Independently function in a fast paced, deadline dependent environment* demonstrate the ability to drive performance and initiate action proactively with demonstrated communication and interpersonal skills* Communicate and problem solve when under stress* Adhere to pre-established schedule, including start/stop time, work long hours, work a variable schedule, consistently meet attendance standards for regular, reliable, predictable, full-time attendance, and work shift schedules* Utilize various computer applications to perform job duties* Manage trading book and earn a profit.* 4 years of experience in natural gas or power system operations* An advanced degree may substitute for 1 year of experience, and a NERC certification may substitute for 2 years of experience* 6 years of experience in natural gas or power trading environment or system operations* An advanced degree may substitute for 1 year of experience, and a NERC certification may substitute for 2 years of experience.* **Preferred:**
+ 6 years of experience in power or natural gas trading with exposure to real-time, day ahead and term trading and NERC certification #J-18808-Ljbffr
This role additionally supports the natural gas energy traders and plays a critical role in monitoring market conditions, coordinating nominations, and ensuring reliable gas flows across pipelines. The position contributes to real time scheduling, storage optimization, and asset management while responding quickly to operational changes, weather impacts, and system constraints. Success in the role requires strong communication with traders and system operators to maintain balanced positions, minimize risk, and support both commercial and operational objectives in a fast paced environment.
This position also requires the incumbent to leverage understanding of the electric power sector, including generation, transmission, utilities, markets, and regulations; analyze energy market data and trends; exhibit strong judgement; and demonstrate effective communication with numerous stakeholders to successfully execute transactions for the company. The Energy Trader must also collaborate with others to achieve individual and organizational goals; identify and solve problems; and provide support and direction to drive team’s continuous improvement.* Trading floor operations* Electric and natural gas grid’s supply and demand components and cost calculations/dispatch pricing* Interconnected transmission operations and delivery points* Emergency action procedures* Risk management principles and policies* Energy accounting and energy trading applications* Contracts and credit* WSPP, ISDA, NAESB agreements, OATT, and WECC requirements* EIM bidding and strategy as it pertains to real-time* WECC trading and scheduling practices/calendar* Idaho Power organization, business objectives, and marketing capabilities* Electric utility operations* Basic accounting and economics* Idaho power business practices* Energy market conditions and trends analysis* Adherence to set responsive times, deadlines, and time-sensitive tasks* Functioning with an entrepreneurial and competitive perspective to assist Idaho Power in actively trading in commodities and executing power transactions* Detailed proficiencies of wholesale energy marketing and trading* Negotiating transactions* Economic analysis* Resource optimization* Microsoft (MS) Office software applications* Effective oral and written communication* Documenting transactions and establishing effective job priorities* Development and improvement of job processes as needed in a rapidly evolving environment* Competences with spreadsheet and database computer skills* Understand the financial impact of energy trades* Find creative and innovative ways to market and move energy on an hourly/daily basis* Create and sustain a positive, proactive environment* Establish excellent business relationships with other work groups, both inside and outside Idaho Power* Work collaboratively and participate effectively in a team environment* Communicate effectively* Establish effective job priorities* Perform detailed work with a high degree of accuracy* Work without direct supervision and be willing to take the initiative to resolve problems* Independently function in a fast paced, deadline dependent environment* demonstrate the ability to drive performance and initiate action proactively with demonstrated communication and interpersonal skills* Communicate and problem solve when under stress* Adhere to pre-established schedule, including start/stop time, work long hours, work a variable schedule, consistently meet attendance standards for regular, reliable, predictable, full-time attendance, and work shift schedules* Utilize various computer applications to perform job duties* Manage trading book and earn a profit.* 4 years of experience in natural gas or power system operations* An advanced degree may substitute for 1 year of experience, and a NERC certification may substitute for 2 years of experience* 6 years of experience in natural gas or power trading environment or system operations* An advanced degree may substitute for 1 year of experience, and a NERC certification may substitute for 2 years of experience.* **Preferred:**
+ 6 years of experience in power or natural gas trading with exposure to real-time, day ahead and term trading and NERC certification #J-18808-Ljbffr