Congestion Trader

Overview

Model and trade transmission congestion risk across multiple ISOs for LRE.

Key Responsibilities

• power flow
• data mining
• lmp forecast
• model validation
• sensitivity analysis
• congestion planning

Tasks

-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 execute trading strategies. -Perform quantitative analyses and econometric studies of energy markets and translate wholesale market changes into strategic opportunities. -Collaborate with trading teams to run ad-hoc sensitivity cases. -Provide daily analysis of market congestion set-up to inform/execute daily virtual trades and PTP transactions. -Manage/mine large data sets to identify, price and execute trading opportunities that mitigate basis risk and enhance/protect expected revenue. -Produce nodal LMP forecasts across multiple ISOs for short-term and long-term trade execution. -Validate and analyze congestion models for accuracy and completeness. -Develop, update, and participate in the execution of the LRE Congestion Plan. -Establish and maintain working relationships with internal and external contacts that support the development of data driving the LRE models. -Contribute to LRE’s research and innovation activities supporting development of new techniques and/or analytical tools, enhancing LRE’s transactional capabilities.

Requirements

• sql
• tableau
• power bi
• transmission modeling
• 3-5 yrs
• bachelor's degree

What You Bring

-Research, model, and price congestion fundamentals (sources and sinks) in multiple ISOs. -3 to 5 years’ experience on a FTR desk, congestion, or energy market analysis team. -Knowledge of wholesale markets power markets and general ISO operations -Tableau or Power BI skills preferred. -Experience with transmission modeling tools (Dayzer, YES, etc.) -Experience working within SQL and database structures preferred. -Ability to lead congestion products auction participation and execute trades in the daily markets. -Position will require sitting for long periods of time as well as occasionally lifting up to twenty-pound boxes. -Must hold bachelor’s degree in STEM or a business discipline. -Experience with transmission modeling, virtual trading and FTR auctions across multiple ISOs, PJM, ERCOT and CAISO preferred. -This position will travel 10% of time. -Can run, scope and interpret power flow models such as Pro-Mod, Power World and/or others. -Proficient with Excel and Word -Strong understanding of transmission systems, drivers of nodal pricing changes and associated power flows. -Critical thinker with a strong analytical skills capable of identifying and executing risk mitigating and revenue enhancing strategies.

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About Leeward Renewable Energy

-Founded to harness the power of renewable energy, Leeward Renewable Energy has been a leader in wind and solar energy projects. -The company specializes in the development, construction, and operation of clean energy assets, primarily focusing on wind and solar technologies. -Leeward's projects span across the United States, generating significant renewable energy capacity and making a notable impact on local power grids. -With a strategic approach to energy solutions, Leeward works to provide sustainable power for both utilities and commercial sectors. -In addition to large-scale wind farms, Leeward is also a key player in solar energy, contributing to the transition to clean energy nationwide. -Leeward is involved in the full lifecycle of energy projects—from planning and financing to operations and maintenance, ensuring long-term sustainability and efficiency. -The company’s portfolio includes significant assets in several states, with projects designed to power homes, businesses, and industries with renewable sources. -Leeward also works on large utility-scale projects, providing innovative solutions for clean energy production while minimizing environmental impact.

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