Real-Time/Senior Real-Time Trader

At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven't stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We're always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.

**We have multiple positions available and can hire at one of three levels based upon the successful candidate's experience**

The available levels: Staff Real-Time Trader/Real-Time Trader/Senior Real-Time Trader

SUMMARY

As a Real-Time Trader, you will have the unique opportunity to play a crucial role in Portland General Electric's power supply management and marketing strategies. You will participate in monitoring reservoir levels, wind forecasts, and fuels supply to optimize generation resources, while also developing and submitting energy bids to commodity market operators. A successful candidate will have working knowledge of electric bulk power generation and transmission systems, as well as strong analytical thinking and decision-making skills. This dynamic position offers the chance to engage with cutting-edge energy market technologies and contribute to PGE's clean energy initiatives, making a real impact on the future of sustainable power distribution in Oregon.

Key Responsibilities

Staff Real-Time Trader

Power Supply Management - Participates as directed in monitoring reservoir levels, wind forecasts and fuels supply to optimize use of generation resources and arrange generation operations to meet load and reserve requirements for each hour; utilizes outage information to participate in commodity market dispatch of PGE generating facilities; develops and submits base schedules and energy bids to the commodity market operator on an hourly basis; assists in scheduling short-term interutility exchanges of power and related power products; begins to negotiate and purchase hourly and daily supplies of energy; identifies price/risk tradeoffs of various power system operating strategies; assists in implementing term and day-ahead contracts based on negotiated terms and developing day-ahead schedules for controllable resources.

Power Marketing - Begins to negotiate real-time energy sales, purchases and wheeling arrangements with other entities, including hourly and daily sales of surplus power throughout the Western Electricity Coordinating Council (WECC); assists in analyzing and developing near-term wholesale marketing and commodity market bidding strategies and identifying and evaluating price/risk tradeoffs of various power sale/supply/transmission scenarios; participates in implementing near- term wholesale market strategies to meet revenue objectives; monitors West Coast power markets to identify market information that will facilitate economic transactions.

Accounting and Reporting - Documents and maintains records for PGE's Merchant Real Time Operations' activities and wholesale power transactions; assists in producing reports for governmental agencies, merchants, balancing authorities, accounting and contracting personnel and others as required.

Transmission Management - Assists in redirecting and/or purchasing transmission to meet PGE's needs for Merchant Real Time Operations' activities and reselling PGE purchased transmission that is surplus; participates in providing for efficient and economic transfer of system resources within the EIM footprint and accounting for all transmission activities.

External Relations - Develops working relationships with scheduling personnel, energy marketers and utilities to transact business.

Real-Time Trader

Power Supply Management Monitors reservoir levels, wind forecasts and fuels supply to optimize use of generation resources and arrange generation operations to meet load and reserve requirements for each hour; utilizes outage information to ensure efficient commodity market dispatch of PGE generating facilities; develops and submits base schedules and energy bids to the commodity market operator on an hourly basis; schedules short-term interutility exchanges of power and related power products; negotiates and purchases hourly and daily supplies of energy; determines price/risk tradeoffs of various power system operating strategies; implements term and day-ahead contracts based on negotiated terms; develops day-ahead schedules for controllable resources.

Power Marketing Negotiates real-time energy sales, purchases and wheeling arrangements with other entities, including hourly and daily sales of surplus power throughout the Western Electricity Coordinating Council (WECC); analyzes and develops near-term wholesale marketing and commodity market bidding strategies; identifies and evaluates price/risk tradeoffs of various power sale/supply/transmission scenarios; implements near-term wholesale market strategies to meet revenue objectives; monitors West Coast power markets to capture market information that will facilitate economic transactions.

Accounting and Reporting Documents and maintains records for PGE's Merchant Real Time Operations' activities and wholesale power transactions; produces reports for governmental agencies, merchants, balancing authorities, accounting and contracting personnel and others as required.

Transmission Management Redirects and/or purchases transmission to meet PGE's needs for Merchant Real Time Operations' activities; resells PGE purchased transmission that is surplus; provides for efficient and economic transfer of system resources within the EIM footprint; accounts for all transmission activities.

External Relations Develops working relationships with scheduling personnel, energy marketers and utilities to transact business.

Senior Real-Time Trader

Power Supply Management Leads a team or personally monitors reservoir levels, wind forecasts and fuels supply to optimize use of generation resources and arrange generation operations to meet load and reserve requirements for each hour; assesses outage information and directs commodity market dispatch of PGE generating facilities; develops and submits base schedules and energy bids to the commodity market operator on an hourly basis; schedules short-term interutility exchanges of power and related power products; negotiates more complex purchases of hourly and daily supplies of energy; determines price/risk tradeoffs of more costly power system operating strategies; implements term and day-ahead contracts based on negotiated terms; develops day-ahead schedules for controllable resources; provides training and guidance on managing power supply to less experienced traders.

Power Marketing Leads a team or personally negotiates all real-time energy sales, purchases and wheeling arrangements with other entities, including hourly and daily sales of surplus power throughout the Western Electricity Coordinating Council (WECC); analyzes and develops more complex near-term wholesale marketing and commodity market bidding strategies; identifies and evaluates price/risk tradeoffs of very complex power sale/supply/transmission scenarios; implements near-term wholesale market strategies to meet revenue objectives; serves as an authority on the West Coast power markets and captures market information that will facilitate economic transactions; provides training and guidance on power marketing to less experienced traders.

Accounting and Reporting Documents and maintains records for PGE's Merchant Real Time Operations' activities and wholesale power transactions; produces reports for governmental agencies, merchants, balancing authorities, accounting and contracting personnel and others as required; serves as an authority on energy marketing and trading.

Transmission Management Leads a team or personally redirects and/or purchases transmission to meet PGE's needs for Merchant Real Time Operations' activities; resells PGE purchased transmission that is surplus; ensures efficient and economic transfer of system resources within the EIM footprint; accounts for all transmission activities; provides training and guidance on managing transmission to less experienced traders.

External Relations Is recognized as an authority of the power trading/scheduling system and develops working relationships with scheduling personnel, energy marketers and utilities to transact business.

Qualifications

Staff Real-Time Trader:

Education

• Requires a bachelor's degree in mathematics, finance, business, economics or other related field or equivalent experience.

Experience

• Typically two or more years in the energy industry or related field. Experience preferred in generation dispatching or real- time operation of power plants or transmission systems.

Real-Time Trader:

Education

• Requires a bachelor's degree in mathematics, finance, business, economics or other related field or equivalent experience.

Experience

• Typically five or more years in the energy industry or related field. Experience preferred in generation dispatching or real- time operation of power plants or transmission systems.

Senior Real-Time Trader:

Education

• Requires a bachelor's degree in mathematics, finance, business, economics or other related field or equivalent experience.

Experience

• Typically eight or more years in the energy industry or related field. Experience preferred in generation dispatching or real- time operation of power plants or transmission systems.

Driver's license: Required

Competencies

Staff/Real-Time/Senior Trading Roles

Functional Competencies by Level:

Working/Intermediate/Advanced knowledge of electric bulk power generation, transmission, and operating systems.

Working/Intermediate/Advanced knowledge of regional electric utilities, Northwest and Southwest power markets and power and wheeling market pricing and practices.

Working/Intermediate/Advanced skills in analyzing energy market conditions or trends.

Working/Intermediate/Advanced knowledge of the theory, precepts, practices and requirements of balancing authority operations.

Working/Intermediate/Advanced knowledge of contract law, rules and regulations.

Working/Intermediate/Advanced knowledge of water management policies and procedures for hydro facilities

Working/Intermediate/Advanced skills in negotiating contracts

Working/Intermediate/Advanced computer skills in using spreadsheets

General Competencies by Level:

Working/Intermediate/Advanced analytical thinking skills

Working/Intermediate/Advanced decision-making skills

Working/Intermediate/Advanced diplomacy skills

Working/Intermediate/Advanced problem-solving skills

Working/Intermediate/Advanced written and oral presentation skills

Physical, Schedule/Attendance and Cognitive Demands

Applies to all levels

Cognitive:

Ability to adhere to set response times, deadlines, and time-sensitive tasks

Ability to follow accuracy standards

Ability to follow through on decision-making tasks

Ability to interact effectively and collaboratively within a team environment

Ability to communicate and problem solve when under stress

Ability to respond and adapt to frequent change

Ability to accept and demonstrate self-awareness when provided constructive feedback

Ability to discern feedback and acknowledge ownership of areas of improvement

Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

Ability to successfully collaborate with peers, managers, and others within the organization

Demonstrates sound memory

Ability to process new information to be applied consistently to work tasks

Schedule/Attendance:

Ability to adhere to pre-established schedule, including start/stop time and break/lunch schedule

Ability to work long hours

Ability to work a variable schedule

Ability to report to work and perform work during periods of severe inclement weather

Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance

Ability to work shift schedule

Ability to work on-call schedule

Driving/Travel/Commute

Daily within service territory - Occasionally (one to two times a month or less)

Computer use (use computer regularly for entire work shift)

Office environment - Hybrid - 3 days in office

Compensation Range:

Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range, the decision will be made on a case-by-case basis.

PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here.

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is an equal opportunity employer and is committed to fostering a workplace where employees feel connected, valued, and empowered to thrive. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Recruiter associated with the job posting. You may also make this request by contacting talentacquisition@pgn.comor by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process.

To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.