Real Time Energy Market Trader I

New York Power Authority • White Plains, NY • 2h ago

Location:

White Plains, US

Summary

The Real-Time Energy Market Trader I will play a critical role in optimizing the New York Power Authority's (NYPA) diverse generation portfolio in the NYISO real-time market. This position involves the development of bidding strategies for energy and ancillary services for NYPA's generation assets, including fossil fuel and hydropower facilities, to optimize revenue while ensuring compliance with market rules and operational requirements. Key responsibilities include purchasing and managing natural gas and fuel oil supplies for NYPA's fossil fuel plants, optimizing hydro reservoir storage, and responding to market conditions and trends. The trader will assess resource availability, market pricing and implement strategies to ensure efficient, cost-effective operation.

The successful candidate will coordinate closely with internal stakeholders, including System Operators, Fuel Supply, and Plant Operations teams, as well as external entities such as the NYISO, to ensure reliable unit availability and alignment during planned or unplanned outages. This role requires working 12-hour shifts (including nights/weekends/holidays), exceptional decision-making skills, strong communication abilities, and a deep understanding of energy markets and fuel management. As a member of NYPA's trading team, the Real-Time Energy Market Trader will contribute to advancing the authority's mission of delivering affordable, clean, and reliable energy to New Yorkers.#LI-VB1

Responsibilities

Execute daily functions required by NYISO as an LSE, Power Supplier, Transmission Customer & Market Participant

Develop, monitor, adjust bids/schedules and forecasts to ensure adherence to strategy, fuel management constraints, contractual obligations & appropriate governance

Review and analyze market conditions to develop & submit bids for all NYPA assets/portfolios on hourly/daily/forward basis

Manage NYPA trading tools as appropriate to reduce NYPA exposure to market volatility

Stay current with NYISO procedures, market issues and reports.

Knowledge, Skills and Abilities

Familiar with Wholesale Electricity Market, Fuel Markets and/or associated Financial products.

Basic business, statistical, financial, analytical and reasoning skills

Strong analytical and communication skills

Able to adapt, multitask and work under pressure

Education, Experience and Certifications

Bachelor's degree or required

Minimum of 2 years of related experience in an analytical role or equivalent combinations of education & experience.

Utility or Energy Company experience preferred

Physical Requirements

Real Time Traders, ability to work a 24/7 12-hour rotation, holidays and weekends.

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $99,000-$124,000. The salary offered will be determined based on the successful candidates' relevant experience, knowledge, skills, and abilities.

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.

NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates' disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email? accessibility@nypa.gov .

Go to Apply

Digital Manufacturing, Senior Associate

PwC • New York, NY • 2d ago

Manufacturing & Warehouse

2d ago

Go to Apply

Sr. Global Industry Strategist

Adobe Inc. • New York, NY • 3d ago

Manufacturing & Warehouse

The OpportunityAdobe's Global Industry Strategy Team (GIST) develops and implements strategies that enhance Adobe's competitive position and market share across industries. Using a cross-industry and global perspective,...

3d ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)