Physical Trader II

Requisition ID:   96676    NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers, and a key player in the energy markets in the United States and Canada. As a part of NextEra Energy Resources, we specialize in innovative energy strategies that maximize market value for our customers and stakeholders. Our team is skilled in market analysis, trading, risk management and delivering tailored customer solutions across North America. If you are a strategic thinker eager to make a significant impact in the fast-paced energy industry, join our team today.   Position Specific Description The trader will develop strategies to engage effectively in the day ahead and real-time markets of CAISO, WECC and NYISO, optimizing client generation and native load requirements in bilateral and/or RTO markets. This position will work closely with the other NEM desk teams to allocate the plant’s resources and make economic decisions, while securing, if necessary, transmission for delivery. Candidates should be familiar with the economic and dispatch characteristics of variable energy generators, such as wind, solar and batteries, as well as other generating units. Additionally, they should understand the protocols and requirements outlined in ISO/RTO tariffs. Proficiency in using the CAISO, NYISO market portals, as well as other industry tools used to reserve transmission and tag market transactions.   Job Details:

Support asset optimization targets by making informed decisions based on unit capabilities, market fundamentals, fuel prices, constraints, economic dispatch, ramp issues, and curtailments, while effectively managing fuel burns and other relevant factors Receive and accurately communicate unit status changes from plant sites/control areas to the Day Ahead power and Fuel Desks. It is important to ensure all information gathered is properly logged to facilitate compliance and an effective shift turnover Monitor market conditions, coordinate with control areas to optimize client resources for meeting load obligations and arrange fuel procurement if needed Engage with market participants to develop, negotiate, and execute transactions that will provide value to the portfolios Collaborate with Term Trading and Business Management employees to evaluate specific market conditions that would help develop trading strategies to optimize client resources Identify and maintain knowledge of clients' generation and resource assets Ensure all transactions are profit-driven, based on energy price, transmission, counterparty contracts, and credit limits, while adhering to compliance and risk policies Comply with and support all corporate policies and adhere to all regulatory requirements, including but not limited to NERC, FERC, CARB and relevant state regulations as applicable Manage communications between reliability entities, generators, and client operators Analyzes energy and transmission alternatives to proactively transact in new markets Maintain knowledge of tagging requirements and methodologies stated in the tariffs and business practices of the applicable transmission providers and RTO/ISO markets Accurately record all necessary purchase and sale details in log and deal capturing systems Interface with and manage requests and projects involving clients and various company departments, including Traders, Business Development, Origination Group, Information Technology, Settlements, Regulatory, Credit, Contracts, and other departments Demonstrates excellent customer management skills and the ability to build business relationships with other counterparties Able to effectively utilize excellent written and oral communication skills to relay real-time market information to various personnel on the trading floor. Ability to prioritize tasks by responding appropriately to the most important obligations Use strong analytical skills to demonstrate superior