CRR Trader

Company: NRG Energy
Location: Princeton
Posted on: January 26, 2023

Job Description:

At NRG, we're bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.Job Summary: The successful candidate will be responsible for both speculative CRR Trading and managing retail load related CRR allocations for the West Power Desk. Specifically, the position will be responsible for assisting in the management of the CAISO monthly and Annual CRR allocations; pricing allocation CRRs for monthly and annual auctions, and actively managing a speculative CRR book. The West Power Desk is looking for a highly motivated individual to join the team and support commercial operations in the CAISO and the WECC. Essential Duties/Responsibilities:

• Participate in monthly, annual, and long-term CRR auctions in the CAISO
• Conduct Power flow modelling using software (Dayzer...etc.)
• Perform and develop transmission analysis to identify both short-term and long-term congestion risks
• Analyze large data sets, using statistical software/Excel, to quantify trading risk exposures and support decision-making related to congestion
• Provide research as needed to identify possible strategic business opportunities
• Support NRG's retail customer business as required Minimum Requirements:
  • Previous experience trading FTRs/CRRs in any organized ISO/RTO
  • Comprehensive knowledge of physical and financial power markets
  • Undergraduate degree, preferably in mathematics, engineering, or other quantitative field from an accredited college or university (Masters or PhD desirable)
  • Strong analytical and data management skills
  • Statistical proficiency Preferred Qualifications:
    • Ability to code in SQL and an object-oriented programming language (Ruby, Python, VBA)Additional Knowledge, Skills and Abilities:
      • Ability to work with people at all levels of the organization
      • Strong team player who takes initiative and can work independently
      • Effective verbal and written communication skills
      • Ability to multi-task, prioritize and adhere to deadlines while maintaining attention to detail
      • Must be a creative thinker with strong investigative and analytical skillsWorking Conditions:
        • Hybrid office environment, 1-2 days working from a home office
        • Evening and weekend work, while not the norm, may be required as business needs dictateNRG Energy is committed to a drug and alcohol free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/DisabilityEEO is the Law Poster(The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.Official description on file with Human Resources

Keywords: NRG Energy, Trenton , CRR Trader, Accounting, Auditing , Princeton, New Jersey