Power Trader is responsible for the purchase and sale of energy. Monitors energy levels and reports needs or excesses and conducts market analysis to identify fluctuations in cost and availability of power sources. Being a Power Trader requires knowledge of energy trading markets and trading practices. May require a bachelor's degree in area of specialty. Additionally, Power Trader typically reports to a manager or head of a unit/department. To be a Power Trader typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)
About the Role
Plus Power recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.
In order for the global energy system to make the transition from a carbon-based grid, to a renewable energy grid, large scale energy storage must be introduced into the electricity system to balance intra-hour supply and demand. Energy storage is the enabler of high penetration variable renewable generation like solar and wind.
Plus Power is looking for an Energy Trader to maximize revenue for Plus Power’s ERCOT operating assets. The successful candidate will be a highly motivated, self-directed, and disciplined power trader. Position will focus on short-term transactions in ERCOT. Candidate must be able to analyze (product valuation, financial and risk analysis, and back-testing models) and develop trade strategies in a collaborative environment. Candidate must be familiar with ERCOT Protocols and market registration, market participation rules. Ideal professionals must possess a Bachelor’s degree or higher in relevant field and a minimum of five years energy trading experience within the ERCOT or other US ISO/RTO markets.
Responsibilities
Qualifications
Compensation, Location, and Benefits
Highly competitive total compensation from one of North America’s leading energy storage developers, owners and operators. Flexible, work from home or hybrid work from Plus Power’s offices in San Francisco, Houston, Chicago, Seattle, and Palm Beach.
The expected salary range* for this position begins at $120,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual bonus program.
Plus Power offers a comprehensive benefits program, unlimited vacation, flexible remote work, educational assistance, parental leave, and a highly engaging company culture with opportunities for in-person connection and learning and growth.
The deadline* for applying to this role is 60 days from the date of initial posting (i.e., DEADLINE DATE)