| Employer: |
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| Category: | Administration |
| Country: | United States |
| State/Province: | New Jersey |
| City: | Newark |
| Job Description | |
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PSEG Power: FTR Energy Trader Position Public Service Enterprise Group (PSEG) is a publicly traded, diversified energy company with annual revenues of more than $11 billion. It has two major subsidiaries, Public Service Electric and Gas Company (PSE&G), an electric and gas delivery business, and PSEG Power, a generation business. Its headquarters is located in the downtown business district of Newark, which is about 10 miles west of New York City. PSEG Power: The FTR Energy Trader is an expert in the Trading of physical and financial transmission rights and other congestion hedging instruments for the PSEG portfolio of transactions. Responsibilities include: • Perform analysis and provide advice on the impact of transmission developments and outages. • Provide analysis of the commercial impact of various generation or transmission developments or outages. • Support day-to-day regional trading activities as required in any of the organized markets (PJM, NY-ISO, ISO-NE). • Explain congestion-related events on transmission grid and forecast transmission congestion in advance including price impacts both day ahead and real time. • Perform quantitative FTR analysis for monthly, seasonal and annual regional market auctions in order to build and optimize the FTR portfolio of productive source/sink paths, including the development of FTR path valuations and bid strategies. • Utilize OASIS tool to analyze and contract transmission. REQUIRED: • Bachelor's degree in business, math or engineering • 3-5 years trading experience or directly-applicable equivalent experience. • Experience in a physical or commodity trading environment • In depth understanding of electric power system operations and • power portfolio management (including demand, generation and congestion management tools). • Superior analytical and problem-solving skills. • Excellent communication and interpersonal skills, team player and demonstrate attention to detail. • Results oriented, creative and innovative. Desired: • Experience with PSSE, Dayzer or other loadflow tools | |
| Post Date: | 09/22/2011 |