Transmission and Congestion Market Associate
| Company | Lee Company |
|---|---|
| Location | Houston, TX, USA, Dallas, TX, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level, Senior |
Requirements
- 3 to 5 years’ experience on a FTR desk, congestion, or energy market analysis team.
- Must hold bachelor’s degree in STEM or a business discipline.
- Strong understanding of transmission systems, drivers of nodal pricing changes and associated power flows.
- Critical thinker with strong analytical skills capable of identifying risk mitigating and revenue enhancing strategies.
- Can run, scope and interpret power flow models such as Pro-Mod, Power World and/or others.
Responsibilities
- Research, model, and price congestion fundamentals (sources and sinks) in multiple ISOs.
- Validate and analyze congestion models for accuracy and completeness.
- Manage/mine large data sets to identify and price trading opportunities that mitigate basis risk and enhance/protect expected revenue.
- Perform quantitative analyses and econometric studies of energy markets and translate wholesale market changes into strategic opportunities.
- In collaboration with the Transmission group and Manager of Congestion and Trading Analytics, maintain, execute, and calibrate power flow optimization models (e.g. YES, Powerworld, Dayzer) needed to develop trading strategies.
- Provide daily analysis of market congestion set-up to inform daily virtual trades and PTP transactions.
- Develop, update, and participate in the execution of the LRE Congestion Plan.
- Contribute to the LRE’s research and innovation activities supporting development of new techniques and/or analytical tools, enhancing LRE’s transactional capabilities.
- Produce nodal LMP forecasts across multiple ISOs for short-term and long-term cases.
- Collaborate with trading teams to run ad-hoc sensitivity cases.
- Ability to lead congestion products auction participation and executes trades in the daily markets.
- Establish and maintain working relationships with internal and external contacts that support the development of data driving the LRE models.
Preferred Qualifications
- Experience with transmission modeling, virtual trading and FTR auctions across multiple ISOs, PJM, ERCOT and CAISO preferred.
- Experience working within SQL and database structures preferred.
- Tableau or Power BI skills preferred.