Power Trader jobs in Santa Clara, CA

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)

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Power System Scheduler/Trader
  • City of Santa Clara
  • Santa Clara, CA FULL_TIME
  • The Department: 

    SVP currently provides over 600 Megawatts of power to residential and business customers within Santa Clara, of which 40 percent of comes from carbon-free renewable resources. In addition to using green energy from large-scale wind, solar, geothermal and hydroelectric projects outside of the area, SVP employs innovative ways to locally produce electricity by operating Thermal Generation facilities utilizing Simple Cycle, Combined Cycle, and Cogeneration technologies. It is the mission of Silicon Valley Power to be a progressive, service-oriented utility, offering reliable, competitively priced services for the benefit of Santa Clara and its customers. Being competitive in the marketplace with a continuous focus on customer service, SVP can provide economic value to the City of Santa Clara and its customers while maintaining low residential rates and offering competitive rates for all customers.

     

    The Position: 

    This is a professional, management position in the unclassified service responsible for scheduling, purchasing, and managing Silicon Valley Power (SVP) electric and hydro energy requirements in the hour ahead and real-time markets by optimizing those resources and by dispatching the generation plants, scheduling water flows and making sales of surplus resources in order to serve our customers consistent with SVP"s risk parameters. This position requires working 12 hour day and night shifts along with holiday and weekend shifts. SVP operates a 24/7 real time desk which is the primary responsibility of this position.

     

    This recruitment may be used to fill multiple positions in this, or other divisions or departments. If you are interested in employment in this classification, you should apply to ensure you are considered for additional opportunities that may utilize the applicants from this recruitment.   

     

    As a member of the City's Unclassified Service, this is an "at-will" position and the incumbent serves at the discretion of the City Manager.  An incumbent in this classification:  demonstrates strong ethical, professional, and service-oriented leadership and interpersonal skills; sets a good example; and correctly applies the tenets of the City's Code of Ethics and values.

    This description may not include all the duties listed below, nor do the examples cover all duties that may be performed.
    Under general direction:
    • Develop and submit schedules based on contract requirements and prudent economics to cover City load and to ensure the timely flow of Silicon Valley Power, South West (SW) electric and hydro resources;
    • Coordinate energy, capacity, transmission, and ancillary service transactions with the appropriate broker, marketer, utility, generator, scheduling coordinator, and/or control area working within counter-party credit limits;
    • Create and/or assess all electronic tags pursuant to Western Electric Coordinating Council (WECC)/ National Energy Regulatory Commission (NERC) Policies, South West (SW) business practices, and Independent System Operator (ISO) requirements;
    • Adjust schedules real-time during emergency transmission derates or curtailments;
    • Manage resources to meet NERC/SVP reliability criteria during all operating conditions;
    • Determine resource costs and availability considering existing market conditions, generating plant limitations, maintenance, outages, transmission ratings and curtailments, and existing contract provisions;
    • Conduct economic analysis of current resource options and market opportunities;
    • Continually evaluate market conditions (including ISO ex-post prices, imbalance energy prices, ancillary service costs and transmission and congestion price differences), generating plant limitations, maintenance, outages, transmission ratings and curtailments, and existing contract provisions;
    • Negotiate purchases and sales of energy, capacity, ancillary services and the purchase of transmission to meet load and SW trading objectives;
    • Conduct economic analysis of current resource options and market opportunities;
    • Determine optimal short-term use of existing power purchase contracts based on market information;
    • Develop an hourly trading strategy for energy, capacity, transmission, and/or ancillary services by dispatching resources in a correct way;
    • Evaluate and optimize the resources in real-time, to generation dispatch, capacity needs, energy, transmission and ancillary services purchases and sales;
    • Utilize various market applications, including but not limited to California Independent System Operator (CISO) applications to submit capacity, energy, transmission, and ancillary service bids in power scheduling and power trading;
    • Implement South West (SW) Trading Guidelines and management directives;
    • Ensure that NERC/SVP reliability criteria are met;
    • Prepare real-time documentation and reports for after-the-fact analysis;
    • Develop pricing strategies for energy limited resources;
    • Negotiate with assigned SW stakeholders
    • Manage resources to meet WECC/NERC reliability criteria during all operating conditions;
    • Work with trading staff to develop pricing strategy for energy-limited resources;
    • Perform contingency analysis to develop optimized strategy for the dispatch of generation resources, and to optimize purchases and sales of capacity, energy, transmission, and ancillary service;
    • Manage hydro reservoir levels and in-flows to ensure economic dispatch of SW’s projects;
    • Prepare and submit all reports required as a scheduling coordinator including inter-tie, California Central System Operator (CISO), and South West (SW);
    • Adjust/optimize/balance schedules to account for system outages;
    • Provide training of co-workers;
    • Forecast weather conditions by using like seasons, days and temperatures;
    • Forecast customer energy requirements considering historical demands and applicable load shapes;
    • Develop and maintain harmonious operations with interconnected utilities, wholesale entities, electric and hydro trading partners and other stakeholders through the use of effective communications practices; and
    • Perform other related work as required.

    EDUCATION AND EXPERIENCE
    Education and experience equivalent to:
    •  Graduation from an accredited college or university with a bachelor’s degree in Engineering, Business, or a closely related field; and
    • Three (3) years experience in public or private sector power scheduling or trading and/or Independent System Operator (ISO) scheduling.

    LICENSE
    Possession of a valid Class C California driver’s license is required at the time of appointment and for the duration of employment.

    SPECIAL CONDITIONS
    • Incumbents must have the ability to work, as assigned, to schedules that may include Saturdays, Sundays, holidays, and non-traditional work hours; and a willingness to work overtime as required.
    • Candidates hired into this position may have to pass an initial and periodic, comprehensive background checks, which include fingerprinting, to meet Federal, State and/or industry security requirements.  Incumbents will have to meet any Federal (FERC and NERC) and State (CPUC) mandated certifications.
    • Must be able to perform all of the essential functions of the job assignment.


    Meeting the minimum qualifications does not guarantee admittance into the examination process.  Only the most qualified candidates who demonstrate the best combination of qualifications in relation to the requirements and duties of the position will be invited to interview.

     

    Federal law requires all employees to provide verification of their eligibility to work in this country. Please be informed that the City of Santa Clara will not sponsor, represent, or sign documents related to visa applications/transfers for H1B or any other type of visa which requires an employer application

    Knowledge of:
    • Wholesale and retail electric utility business, Hydro reservoir monitoring for optimum SW dispatch, dispatch of generation resources, production costs of energy by fuel type, system load characteristics and load curves;
    • Market applications, including but not limited to ICE and CISO;
    • Real-time evaluation and optimization procedures for generation dispatch, capacity needs, energy, transmission and ancillary services, purchases and sales;
    • WECC/NERC policies and SW Business Practices;
    • Trading procedures, systems to track and analyze capacity, energy, transmission, and ancillary service transactions, market strategies for wholesale purchases and sales of electricity and relevant trading directives;
    • Schedule transactions, scheduling procedures, management directives, and how to solve scheduling conflicts;
    • Scheduling and tagging procedures based on SW, CISO, WECC contract requirements and reporting requirements;
    • Integrated power system operations and SW, NERC, FERC, and CISO policies, procedures, protocols and business practices;
    • Research, planning and technical analysis for complex scheduling projects and preparation of reports including recommendations;
    • Research methods and statistical analysis, complex spreadsheets and database applications and project and workload planning;
    •  Work-related computer applications, including e-mail, word processing, spreadsheets, databases and the internet;
    • Applicable laws, regulations and permits affecting the electric utility industry;
    • Customer energy requirements and real-time weather forecasting, and
    • Business practices, contract principles, financial statements, and economic analysis techniques.
    Ability to:
    • Apply the principles of power generation and transmission systems, including interconnected utility operations;
    • Implement the integration of purchases and sales to economically reduce overall costs of energy and energy management systems;
    • Interpret, explain and apply complex contracts, policies, protocols and business practices, implement strategies associated with short-term trading, and negotiate transactions;
    • Interpret and explain complex contracts, policies, protocols, and business practices;
    • Evaluate capacity, energy, and transmission transactions, implement market strategies to complete wholesale purchases of electricity, and perform economic analysis to determine benefit/cost of wholesale power market purchases and sales;
    • Draw conclusions and project consequences of decisions and recommendations;
    • Establish and maintain positive and effective relationships with City employees, contractors and other governmental representatives;
    • Work as team player and be willing to deliver excellent customer service to both internal and external City clients;
    • Communicate effectively both orally and in writing to consistently represent facts and situations accurately, transmit information concisely and in an effective manner, and present a balanced picture of situations;
    • Prepare and present highly technical and complex written and oral reports;
    • Work effectively in time-sensitive situations and meet deadlines; coordinate multiple projects and complex tasks simultaneously;
    • Review and analyze important detailed and highly complex technical Electric Utility records and reports;
    • Train and supervise the work of others in a team environment; and
    • Walk or stand for extended periods of time and bend, stoop, reach, carry, crawl, climb, and lift as necessary to perform assigned duties.

    Additional Information: 

    You must answer all job-specific questions in order to be considered for this vacancy or your application will be deemed incomplete and withheld from further consideration. Applications must be filled out completely (i.e. do not write “see resume or personnel file.”)  To receive consideration for the screening process, candidates must submit a 1) Cover Letter and, 2) Resume. Incomplete applications will not be accepted. Application packets may be submitted online through the “Apply Now” feature on the job announcement at www.santaclaraca.gov.   This posting has been updated to continuous and a first review of applications will be Friday, August 25, 2023. 

     

    The City of Santa Clara is an equal opportunity employer. Applicants for all job openings will be considered without regard to age, race, color, religion, sex, national origin, sexual orientation, disability, veteran status or any other consideration made unlawful under any federal, state or local laws. The City of Santa Clara is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at (408) 615-2080 or HumanResources@santaclaraca.gov


  • 5 Days Ago

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Trader
  • Connective Capital Management
  • Palo Alto, CA FULL_TIME
  • What we are looking for Connective Capital Management is seeking a Hedge Fund Trader to join our Palo Alto team, managing a diverse portfolio of public equities. The Trader will maintain responsibilit...
  • 7 Days Ago

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Crew
  • Trader Joe's
  • Fremont, CA FULL_TIME
  • Is it you?Our Crew Members create a warm and friendly shopping experience in our stores. We answer questions, offer suggestions and ensure our customers know they are welcomed and cared for. We entert...
  • 17 Days Ago

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Crew
  • Trader Joe's
  • Morgan Hill, CA FULL_TIME
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  • 17 Days Ago

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Crew
  • Trader Joe's
  • San Jose, CA FULL_TIME
  • Is it you?Our Crew Members create a warm and friendly shopping experience in our stores. We answer questions, offer suggestions and ensure our customers know they are welcomed and cared for. We entert...
  • 2 Months Ago

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Remote trader job in
  • Maverick Trading
  • San Jose, CA FULL_TIME
  • Empowering the World. One Trader at a Time. Remote Options Trader at Maverick Trading About Us Join Maverick Trading, a leading proprietary trading firm with 26 years of experience. We’re on the looko...
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0 Power Trader jobs found in Santa Clara, CA area

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Portfolio / Head Trader
  • Financial Recruiters International
  • Pleasanton, CA
  • Our client is an exciting growing Fee Only Wealth Management firm that is looking for a Head Trader / Portfolio Manager....
  • 5/1/2024 12:00:00 AM

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Lot Attendant/Porter
  • Del Grande Dealer Group
  • San Jose, CA
  • **Lot Attendant/Porter** As a **Lot Attendant/Porter**, you will help the Service department and Product Specialists, wh...
  • 5/1/2024 12:00:00 AM

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Regional Sales Manager
  • Consumer Portfolio Services
  • San Jose, CA
  • About the Company: Consumer Portfolio Services, Inc. is a leader in the sub-prime auto finance industry, is a fast-paced...
  • 4/30/2024 12:00:00 AM

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Cashier/Receptionist
  • Del Grande Dealer Group
  • Santa Clara, CA
  • **Cashier/Receptionist** Stevens Creek Hyundai, a proud new member of the DGDG family, is looking for talented service p...
  • 4/29/2024 12:00:00 AM

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Quantitative Trader - Central Trading Desk
  • Dexterity Capital
  • San Francisco, CA
  • Summary: We love challenges. So we built Dexterity Capital, a quantitative trading firm focused on solving the hardest p...
  • 4/28/2024 12:00:00 AM

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Warehouse Associate/Driver
  • Dealer Tire
  • Oakland, CA
  • Job Description Job Description Who We Are We’re Dealer Tire, an international distributor of tires and parts establishe...
  • 4/27/2024 12:00:00 AM

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Warehouse Associate/Driver (Oakland, CA)
  • Dealer Tire, LLC
  • Oakland, CA
  • Who We Are We're Dealer Tire, a family-owned, international distributor of tires and parts established in 1918 in Clevel...
  • 4/27/2024 12:00:00 AM

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Automotive Territory Account Executive
  • DealerCMO
  • San Jose, CA
  • Job Description Job Description Capitalize on your automotive sales skills with a base pay and uncapped residual income?...
  • 4/27/2024 12:00:00 AM

Santa Clara is drained by three seasonal creeks, all of which empty into the southern portion of San Francisco Bay; these creeks are San Tomas Aquino Creek, Saratoga Creek, and Calabazas Creek. There are some significant biological resources within the city including habitat for the burrowing owl, a species of special concern in California due to reduction in habitat from urban development during the latter 20th century. This owl uses burrows created by ground squirrels and prefers generally level grasslands and even disturbed areas. According to the United States Census Bureau, the city cover...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Power Trader jobs
$125,390 to $176,351
Santa Clara, California area prices
were up 2.9% from a year ago

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