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)
Real-time Trader- HOUSTON, TX
Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of energy storage assets in wholesale electricity markets. Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted structures. Backed by BlackRock’s Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of 655MWh of utility-scale energy storage projects operating or in construction in the U.S., with a leading pipeline of over 11,000 MW in active development.
To support its expanding portfolio, Jupiter Power is seeking a Real Time Trader who will be responsible for daily trading and dispatching of its battery energy storage systems (BESS) in power markets, with an initial concentration in ERCOT. This individual will have the opportunity to make a quantifiable impact on company P&L working within Jupiter’s front office alongside other traders, analysts, regulatory staff, and data science team. This position will be part of a growing Real Time desk managing operating assets in ERCOT with expansion into CAISO, PJM, MISO, NYISO and NEPOOL.
Regular duties include (i) asset optimization and dispatch in the Real Time market, (ii) supporting the Term/Cash traders with views of market fundamentals used to assist in the daily decision making of how to allocate the BESS capacity between the Day-Ahead Energy, Real-Time Energy and Ancillary Service Markets.
Key Responsibilities
Requirements:
Jupiter seeks individuals eager to develop their core professional knowledge, learn new areas of the business and take on additional responsibilities within Jupiter’s dynamic team. Secondary responsibilities will be tailored to individual candidate backgrounds as well as company priorities.
Compensation and benefits offered will be commensurate with the experience and qualifications of the candidate.
The role will be based in Jupiter Powers office in Houston, TX.
Jupiter Power LLC is an equal opportunity employer that prioritizes diversity of experience and background.
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