ERCOT Congestion Trader Sr

Overview

Trade ERCOT point-to-point products, forecast congestion, and optimize LCRA generation portfolio.

Key Responsibilities

• crr auctions
• fleet planning
• market modeling
• dam participation
• congestion forecast
• transmission projects

Tasks

-When needed, help with participating congestion revenue rights (CRR) auctions to acquire CRRs in a cost-effective manner. -Participate in daily generation fleet operations planning and provides market insight of congestion. -When needed, join the nodal market modeling team. Assist in running daily, weekly, monthly studies to simulate ERCOT markets to support trading activities in RT, DAM, CRR and forward markets. -Participate in the Day-Ahead Market (DAM) to acquire point-to-point (PTPs) to manage congestion risk for LCRA generation fleet. -Observe transmission congestion and predicts potential congestion in real time and day ahead to help maximize the value of the portfolio. -Provide views of Transmission improvement projects that improve basis spread between LCRA’s generation and load.

Requirements

• ercot
• ptp
• bachelor's
• electrical
• uplan
• powerworld

What You Bring

-Experience in ERCOT PTP trading front desk -Bachelor’s degree in electrical engineering -Experience in UPLAN or PowerWorld

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Benefits

-Competitive salary & medical, dental, vision and legal insurance -401(k) match up to 8% that includes a student loan 401(k) contribution program option -Paid time off, including time for vacation, sick and family care leave -Wellness program including wellness incentive -Life and disability insurance -Extensive learning & development programs

About Lcra

-Evolved into a powerful entity, generating electricity through various sources and developing transmission infrastructure across central Texas. -Revenue primarily generated from electricity and transmission services, with minimal contribution from water sales; operates without tax or state funds? -Undertakes diverse projects including flood-control dams, power plants, energy networks, and community grants to support development. -Operates as a self-funded nonprofit organization, deeply involved in community service across water, energy, and recreational sectors.

Sector Specialisms