Trading or Associate Trading Analyst at Xcel Energy in Denver Metropolitan Area | USD95,200-135,200 | Kablio

Role

Description

market modeling

unit commitment

price forecasting

dispatch optimization

cost analysis

trading support

Identify opportunities to improve system operations. Design and create analytical studies to model opportunities and determine costs/savings (e.g. rescheduling plant maintenance, alternative operating strategies for certain resources, etc.). Help plant operations personnel understand the market implications of plant operating decisions. Understand mechanical aspects of power plants and the potential optionality in the various power generation technologies. Understand electrical system constraints and operations.
Create and run modeling scenarios to optimize daily unit commitment, additional purchases/sales, and long-term energy limited or constrained seasonal purchases. Verify accuracy of results through extensive post-analysis of XE system performance. Evaluate short-term load forecasts, current plant/contract availability, fuel costs, and market conditions. Determine quantities of energy to buy/sell, optimal scheduling of constrained resources, and optimal commitment decisions for plants/contractual resources. Bid load and offer generation into organized markets on behalf of the company.
Design and perform quantitative studies of historical and forecasted prices, system loads, fuel costs, and determination of the natural position of XE's power system portfolios. Support trading and risk management activities through quantifying the natural position of each XE regulated operating company. Troubleshoot daily operation of XE's regulated electric operating companies and provide technical support to real-time traders during daily operation of the systems. Assist Fuels in the determination of forward fuel requirements and the daily gas nomination process.
Analyze and forecast future market prices at various trading points. Research energy market trends and energy optimization techniques/tools to support trading contributors. Stay abreast of regulatory requirements. Recommend trading strategies based on technical market analysis.
Perform pricing and costing of Real-Time Pricing Program sales and wholesale sales.
Design and perform post-analysis models of previous day system operation to determine opportunities for dispatch efficiency and purchase/sales improvements. Perform benchmarking of models as appropriate to assure analysis integrity. Verify accuracy of sales costing.
Continuously seek improvements to processes and analyses used for purchasing/selling commodities, scheduling of contracted resources, and commitment/dispatch of XE generation assets.

Requirements

plexos

aurora

bachelor's

4+ years

mechanical eng

power plant

Preference given to individuals with at least 1 year experience with generation cost modeling software such as Plexos, Aurora, Prosym, Promod, or Gentrader.
Preference given to individuals with at least 6 months experience with generation cost modeling software such as Plexos, Aurora, Prosym, Promod, or Gentrade
Bachelor's degree in mathematics, engineering, applied sciences, or related fields.
Minimum 4 years experience in operating mathematical models, data mining, and analytics.
Prefer mechanical engineering background or individuals with power plant operations experience coupled with strong computer skills and analytical thinking.
Prefer previous work experience in electricity industry, including one year in energy commodity trading operations and knowledge of power plant operations.

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

1909

Year Established

The company has a history spanning over a century, demonstrating its long-standing presence in the energy sector.

hidden炳 Renewable energy solutions, including wind and solar power.
hidden炳 Reducing carbon emissions and increasing clean energy generation.
hidden炳 Large-scale renewable projects like the Rush Creek Wind Project in Colorado.
hidden炳 Service offerings cover residential, commercial, and industrial energy needs with an emphasis on sustainability.
hidden炳 Leader in energy efficiency programs, helping customers reduce consumption and costs.
hidden炳 Innovates in the energy sector, balancing economic and environmental goals.

Culture + Values

90% Reduction

CO2 Emissions

Achieved a significant reduction in carbon dioxide emissions through sustainable practices and energy efficiency initiatives.

20 Hours

Employee Training

Provides employees with 20 hours of annual training focused on professional development and personal growth opportunities.

Fosters a culture of innovation and creativity.
Encourages open communication and collaboration.
Values diversity and inclusion within the workplace.
Supports community engagement and corporate social responsibility.

Environment + Sustainability

57% reduction

Carbon emissions from electricity

Achieved a 57% reduction in carbon emissions from 2005 levels as of early 2025.

1.5 million EVs

Electric vehicles enabled by 2030

Plans to enable 1.5 million electric vehicles by 2030 as part of broader sustainability goals.

$45 billion investment

In renewable energy projects

Investing $45 billion in generation, transmission, and other clean energy projects over five years (2024–2029).

54% carbon-free energy

In 2023

Achieved a 54% share of carbon-free energy in 2023, contributing to long-term sustainability goals.

Plans for zero-carbon fleet and enhanced EV charging infrastructure by 2030/2035 include enabling 1.5 million electric vehicles and achieving $1/gallon equivalent fuel savings for customers.
Investing in 4,000 MW+ of new wind and solar capacity by 2032, with all coal plants retiring by 2030 and nuclear energy extended until 2040.
Developing battery storage technologies, such as a 10 MW iron-air battery, and piloting innovative solutions like hydrogen, RNG, heat pumps, and smart water heaters.
Built a network of ~750 high-speed public EV charging stations in Minnesota and Wisconsin by 2026, alongside a home charger installation program to support widespread EV adoption.

Inclusion & Diversity

Articles

Careers at Xcel Energy

Xcel Energy Innovation

Role

Description

market modeling

unit commitment

price forecasting

dispatch optimization

cost analysis

trading support

Identify opportunities to improve system operations. Design and create analytical studies to model opportunities and determine costs/savings (e.g. rescheduling plant maintenance, alternative operating strategies for certain resources, etc.). Help plant operations personnel understand the market implications of plant operating decisions. Understand mechanical aspects of power plants and the potential optionality in the various power generation technologies. Understand electrical system constraints and operations.
Create and run modeling scenarios to optimize daily unit commitment, additional purchases/sales, and long-term energy limited or constrained seasonal purchases. Verify accuracy of results through extensive post-analysis of XE system performance. Evaluate short-term load forecasts, current plant/contract availability, fuel costs, and market conditions. Determine quantities of energy to buy/sell, optimal scheduling of constrained resources, and optimal commitment decisions for plants/contractual resources. Bid load and offer generation into organized markets on behalf of the company.
Design and perform quantitative studies of historical and forecasted prices, system loads, fuel costs, and determination of the natural position of XE's power system portfolios. Support trading and risk management activities through quantifying the natural position of each XE regulated operating company. Troubleshoot daily operation of XE's regulated electric operating companies and provide technical support to real-time traders during daily operation of the systems. Assist Fuels in the determination of forward fuel requirements and the daily gas nomination process.
Analyze and forecast future market prices at various trading points. Research energy market trends and energy optimization techniques/tools to support trading contributors. Stay abreast of regulatory requirements. Recommend trading strategies based on technical market analysis.
Perform pricing and costing of Real-Time Pricing Program sales and wholesale sales.
Design and perform post-analysis models of previous day system operation to determine opportunities for dispatch efficiency and purchase/sales improvements. Perform benchmarking of models as appropriate to assure analysis integrity. Verify accuracy of sales costing.
Continuously seek improvements to processes and analyses used for purchasing/selling commodities, scheduling of contracted resources, and commitment/dispatch of XE generation assets.

Requirements

plexos

aurora

bachelor's

4+ years

mechanical eng

power plant

Preference given to individuals with at least 1 year experience with generation cost modeling software such as Plexos, Aurora, Prosym, Promod, or Gentrader.
Preference given to individuals with at least 6 months experience with generation cost modeling software such as Plexos, Aurora, Prosym, Promod, or Gentrade
Bachelor's degree in mathematics, engineering, applied sciences, or related fields.
Minimum 4 years experience in operating mathematical models, data mining, and analytics.
Prefer mechanical engineering background or individuals with power plant operations experience coupled with strong computer skills and analytical thinking.
Prefer previous work experience in electricity industry, including one year in energy commodity trading operations and knowledge of power plant operations.

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

1909

Year Established

The company has a history spanning over a century, demonstrating its long-standing presence in the energy sector.

hidden炳 Renewable energy solutions, including wind and solar power.
hidden炳 Reducing carbon emissions and increasing clean energy generation.
hidden炳 Large-scale renewable projects like the Rush Creek Wind Project in Colorado.
hidden炳 Service offerings cover residential, commercial, and industrial energy needs with an emphasis on sustainability.
hidden炳 Leader in energy efficiency programs, helping customers reduce consumption and costs.
hidden炳 Innovates in the energy sector, balancing economic and environmental goals.

Culture + Values

90% Reduction

CO2 Emissions

Achieved a significant reduction in carbon dioxide emissions through sustainable practices and energy efficiency initiatives.

20 Hours

Employee Training

Provides employees with 20 hours of annual training focused on professional development and personal growth opportunities.

Fosters a culture of innovation and creativity.
Encourages open communication and collaboration.
Values diversity and inclusion within the workplace.
Supports community engagement and corporate social responsibility.

Environment + Sustainability

57% reduction

Carbon emissions from electricity

Achieved a 57% reduction in carbon emissions from 2005 levels as of early 2025.

1.5 million EVs

Electric vehicles enabled by 2030

Plans to enable 1.5 million electric vehicles by 2030 as part of broader sustainability goals.

$45 billion investment

In renewable energy projects

Investing $45 billion in generation, transmission, and other clean energy projects over five years (2024–2029).

54% carbon-free energy

In 2023

Achieved a 54% share of carbon-free energy in 2023, contributing to long-term sustainability goals.

Plans for zero-carbon fleet and enhanced EV charging infrastructure by 2030/2035 include enabling 1.5 million electric vehicles and achieving $1/gallon equivalent fuel savings for customers.
Investing in 4,000 MW+ of new wind and solar capacity by 2032, with all coal plants retiring by 2030 and nuclear energy extended until 2040.
Developing battery storage technologies, such as a 10 MW iron-air battery, and piloting innovative solutions like hydrogen, RNG, heat pumps, and smart water heaters.
Built a network of ~750 high-speed public EV charging stations in Minnesota and Wisconsin by 2026, alongside a home charger installation program to support widespread EV adoption.

Inclusion & Diversity

Articles

Careers at Xcel Energy

Xcel Energy Innovation