Delaware Valley Regional Planning Commission
Trading Analyst
Delaware Valley Regional Planning Commission, Houston, Texas, United States, 77246
About the Role
Plus Power recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.
We are looking for a Trading Analyst to support the forecasted revenues and energy trading maximization strategies for operating assets. The successful candidate will be a highly motivated, self-directed, and disciplined analyst.
Key Responsibilities
Support trading activities and administrative operations under the guidance of the VP, Trading & Risk
Work with the market managers to analyze and improve on trading activities across markets, seasons, products, and conditions
Provide training and support regarding Plus Power’s processes and procedures as needed.
Assist in developing and execution of fundamentals-based price forecasts for ERCOT and ISO-NE, incorporating supply/demand dynamics, congestion patterns, and fuel pricing
Assist in the gathering (via API, Web Scrape) any relevant market data to make recommendations to optimize BESS trading strategies based on forecasted market conditions, optimizing participation in day-ahead (DA) and real-time (RT) markets
Leverage Python-Algorithm existing models to enhance bidding efficiency and profitability
Perform daily execution and updates to existing Perfect Foresight Methodology and provide insights to Trading team
Daily execution of MAPE analysis and KPIs and provides insights to the Trading team
Work closely with Settlement Analyst to align on realized PnL vs expected PnL strategy
Monitor and interpret ERCOT and ISO-NE market rule changes, assessing their impact on BESS trading strategies
Collaborate with internal teams to ensure compliance with market participation requirements and operational protocols.
Skills & Qualifications
Minimum BA/BS in a quantitative discipline; Computer Science is preferred
Minimum of 2+ years of applicable work experience in the energy sector
Power settlement experience is strongly preferred; ERCOT and ISONE experience a plus
Familiarity/experience with battery energy storage system is preferred, but not required
Excellent written and verbal communication skills, with the ability to explain complex technical analysis in a simplified manner to the internal management team and external parties
Excellent communication and interpersonal skills, with a demonstrated ability to collaborate effectively with diverse teams
Ability to define problems, collect data, establish facts, and draw valid conclusions
Demonstrated ability to work collaboratively and effectively in a cross‑functional environment with both technical and non‑technical team members who are geographically dispersed
Intermediate to advanced proficiency in the Microsoft suite of tools and applications including Outlook, Word, PowerPoint, and Excel.
Proficiency in Excel with Python, SQL, and PowerBI is preferred
Ability to commute into our office in The Woodlands, Texas
Compensation, Location, and Benefits Highly competitive total compensation from one of North America’s leading energy storage developers, owners and operators. This position provides flexible hybrid work from Plus Power’s office in The Woodlands, Texas.
The expected salary range* for this position begins at $90,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual bonus program.
Plus Power offers a competitive and comprehensive benefits program, unlimited vacation, flexible remote work, work from home stipend, educational assistance, parental leave, and a highly engaging company culture with opportunities for in‑person connection and learning and growth.
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We are looking for a Trading Analyst to support the forecasted revenues and energy trading maximization strategies for operating assets. The successful candidate will be a highly motivated, self-directed, and disciplined analyst.
Key Responsibilities
Support trading activities and administrative operations under the guidance of the VP, Trading & Risk
Work with the market managers to analyze and improve on trading activities across markets, seasons, products, and conditions
Provide training and support regarding Plus Power’s processes and procedures as needed.
Assist in developing and execution of fundamentals-based price forecasts for ERCOT and ISO-NE, incorporating supply/demand dynamics, congestion patterns, and fuel pricing
Assist in the gathering (via API, Web Scrape) any relevant market data to make recommendations to optimize BESS trading strategies based on forecasted market conditions, optimizing participation in day-ahead (DA) and real-time (RT) markets
Leverage Python-Algorithm existing models to enhance bidding efficiency and profitability
Perform daily execution and updates to existing Perfect Foresight Methodology and provide insights to Trading team
Daily execution of MAPE analysis and KPIs and provides insights to the Trading team
Work closely with Settlement Analyst to align on realized PnL vs expected PnL strategy
Monitor and interpret ERCOT and ISO-NE market rule changes, assessing their impact on BESS trading strategies
Collaborate with internal teams to ensure compliance with market participation requirements and operational protocols.
Skills & Qualifications
Minimum BA/BS in a quantitative discipline; Computer Science is preferred
Minimum of 2+ years of applicable work experience in the energy sector
Power settlement experience is strongly preferred; ERCOT and ISONE experience a plus
Familiarity/experience with battery energy storage system is preferred, but not required
Excellent written and verbal communication skills, with the ability to explain complex technical analysis in a simplified manner to the internal management team and external parties
Excellent communication and interpersonal skills, with a demonstrated ability to collaborate effectively with diverse teams
Ability to define problems, collect data, establish facts, and draw valid conclusions
Demonstrated ability to work collaboratively and effectively in a cross‑functional environment with both technical and non‑technical team members who are geographically dispersed
Intermediate to advanced proficiency in the Microsoft suite of tools and applications including Outlook, Word, PowerPoint, and Excel.
Proficiency in Excel with Python, SQL, and PowerBI is preferred
Ability to commute into our office in The Woodlands, Texas
Compensation, Location, and Benefits Highly competitive total compensation from one of North America’s leading energy storage developers, owners and operators. This position provides flexible hybrid work from Plus Power’s office in The Woodlands, Texas.
The expected salary range* for this position begins at $90,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual bonus program.
Plus Power offers a competitive and comprehensive benefits program, unlimited vacation, flexible remote work, work from home stipend, educational assistance, parental leave, and a highly engaging company culture with opportunities for in‑person connection and learning and growth.
#J-18808-Ljbffr