Power Trader jobs in Houston, TX

Real-time Trader- HOUSTON, TX

Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of energy storage assets in wholesale electricity markets. Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted structures. Backed by BlackRock’s Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of 655MWh of utility-scale energy storage projects operating or in construction in the U.S., with a leading pipeline of over 11,000 MW in active development.

To support its expanding portfolio, Jupiter Power is seeking a Real Time Trader who will be responsible for daily trading and dispatching of its battery energy storage systems (BESS) in power markets, with an initial concentration in ERCOT. This individual will have the opportunity to make a quantifiable impact on company P&L working within Jupiter’s front office alongside other traders, analysts, regulatory staff, and data science team. This position will be part of a growing Real Time desk managing operating assets in ERCOT with expansion into CAISO, PJM, MISO, NYISO and NEPOOL.

Regular duties include (i) asset optimization and dispatch in the Real Time market, (ii) supporting the Term/Cash traders with views of market fundamentals used to assist in the daily decision making of how to allocate the BESS capacity between the Day-Ahead Energy, Real-Time Energy and Ancillary Service Markets.

Key Responsibilities

• Manage the operating assets in Real Time by executing trading and scheduling decisions to ensure capacity (state of charge) availability to meet energy and ancillary service obligations with operating within ISO protocols, NERC standards and Jupiter Power risk policy.
• Evaluate proprietary AI dispatch schedules to assist in making real time operating decisions.
• Work with Jupiter SCADA team to identify and troubleshoot real-time communication issues between the site equipment, internal data management systems, third-party partners such as Scheduling Entities and ISOs
• Apply in depth ISO / ERCOT market operations knowledge to inform BESS trading & bidding strategies and real-time operations management and collaborate with Trading team colleagues to implement asset-optimization strategies for managing battery storage operations in real-time.
• Communicate with Field Operations staff in Real Time regarding asset availability and inputting outages/communicating with Scheduling Entities and ISOs where applicable.
• Work within a 24/7 rotating real-time operations schedule that will include working nights, weekends, and holidays in the office.
• Use 3rd Party modules and ISO published reports to monitor Real Time system conditions, outages, and constraints on nodal energy prices effecting our positions.
• · Supporting asset onboarding and ongoing support for asset planning & reporting including acting as liaison with clients/business partners, maintenance of asset parameter data, outage planning and asset monitoring
• · Support the Business Development, Data Science and Software teams in delivering their accountabilities where required

Requirements:

• Two or more years in a Real Time Power role such as control room operations, power trading, generation scheduling, or asset management
• Working knowledge in one or more ISOs preferred (ERCOT, CAISO, WECC, SPP, MISO, PJM, IESO, NYISO, ISONE)
• NERC certification and familiarity with energy storage technologies are advantages
• A degree(s) in finance, economics, math, electrical theory, electrical power distribution, electrical power generation, or relevant field
• Ability to work and communicate effectively in a high stress environment while managing time in sometimes rapidly changing situations
• Demonstrates high standards in risk management, performance management, relationships with relevant 3rd parties and clients, communication, analysis, decision making, and legal & regulatory compliance
• High comfort level with fast-moving organizations, with the curiosity and enthusiasm to innovate and formulate new ideas and to bring the best out of co-workers.

Jupiter seeks individuals eager to develop their core professional knowledge, learn new areas of the business and take on additional responsibilities within Jupiter’s dynamic team. Secondary responsibilities will be tailored to individual candidate backgrounds as well as company priorities.

Compensation and benefits offered will be commensurate with the experience and qualifications of the candidate.

The role will be based in Jupiter Powers office in Houston, TX.

Jupiter Power LLC is an equal opportunity employer that prioritizes diversity of experience and background.