What are the responsibilities and job description for the Power Trading Analyst position at Leeward Renewable Energy, LLC?
LRE (Leeward Renewable Energy) is a high-growth renewable energy company forging a sustainable future through integrity, innovation, and positive impact. We own and operate 30 large wind, solar, and energy storage projects across the United States, totaling over 3 gigawatts (GW) of generating capacity.
LRE has an ambitious goal of 10GW of operating assets by 2028 and are developing and contracting an increasing pipeline of new projects every year. We take a full-lifecycle approach to our projects, built on a long-term ownership model and a company culture dedicated to our community partners and protecting the environment.
Job Summary:
We are seeking a highly skilled Power Trading Analyst to provide critical support to our trading desk through in-depth market analytics, model development, and strategic trade recommendations. Reporting directly to the Desk Head, the Power Trading Analyst will collaborate closely with traders to ensure optimal decision-making across various market scenarios. The role will focus on all North American power markets, with a strong emphasis on CAISO, PJM, and ERCOT. The Trading Analyst position is a gateway/Apprenticeship to becoming a Cash Trader.
Responsibilities:
Notice to Recruiters and Staffing Agencies: Leeward Renewable Energy (LRE) does not accept unsolicited resumes from recruiting vendors or employment agencies. Only recruiting vendors with a current, signed agreement in place with LRE are authorized to submit resumes for specific, requested positions. All unsolicited resumes and candidate profiles submitted to LRE, or any LRE employee, without an active agreement or written request from LRE’s HR Department, will be considered property of LRE. LRE will not be responsible for any fees or expenses associated with unsolicited resumes or candidates submitted in this manner.
LRE has an ambitious goal of 10GW of operating assets by 2028 and are developing and contracting an increasing pipeline of new projects every year. We take a full-lifecycle approach to our projects, built on a long-term ownership model and a company culture dedicated to our community partners and protecting the environment.
Job Summary:
We are seeking a highly skilled Power Trading Analyst to provide critical support to our trading desk through in-depth market analytics, model development, and strategic trade recommendations. Reporting directly to the Desk Head, the Power Trading Analyst will collaborate closely with traders to ensure optimal decision-making across various market scenarios. The role will focus on all North American power markets, with a strong emphasis on CAISO, PJM, and ERCOT. The Trading Analyst position is a gateway/Apprenticeship to becoming a Cash Trader.
Responsibilities:
- Conduct thorough short- and long-term market analysis, leveraging large datasets to inform trading decisions and identify potential risks and opportunities.
- Develop, maintain, and enhance forecasting models for pricing, congestion, system load, and other market-related factors using Excel, Python, SQL, and other relevant tools.
- Generate and assess various forward-looking scenarios, including localized congestion and abnormal market events, to create edge case strategies.
- Monitor real-time market conditions, identify emerging patterns, and provide actionable insights and recommendations to traders.
- Work closely with traders, offering up-to-date market insights, and providing backup support by transacting, monitoring positions, and submitting trades on weekends when required.
- Prepare and deliver detailed market analysis reports or dashboards, ensuring that traders have the most relevant and accurate information.
- Gather, clean, and manage extensive datasets, ensuring the integrity and accuracy of data used in models and analysis.
- Create and maintain tools, models, and reports to support trading activities utilizing Excel, SQL, Python, and other external APIs.
- Offer strategic trade recommendations based on a deep understanding of market fundamentals and analytics, contributing to the trading desk's overall performance.
- Support market operations.
- Schedule Assets, virtuals and PTPs with objective of optimizing DA/RT, Basis and revenue outcomes.
- Manage REC deliveries.
- Manage PJM/MISO/SPP and CAISO capacity/RA transactions.
- Support Origination and Development, supplying long term price forecasts and scenario analysis.
- 2-3 years of experience as an Analyst or Junior Trader on a Power Trading desk, with a proven track record in transactional support and market analysis.
- Bachelor’s degree in a STEM discipline or energy-focused field.
- Proficiency in Python, SQL, Excel (including VBA) strongly recommended, Tableau, and power flow modeling tools such as Pro-Mod and Power World.
- Strong understanding of transmission grids, power flows, virtual trading, and FTR auctions, particularly across PJM, ERCOT, and CAISO.
- Critical thinker with strong analytical abilities, capable of identifying risk mitigation strategies and enhancing revenue through data-driven decisions.
- Effective communicator with the ability to translate complex analytical findings into actionable insights for traders.
- Ability to work under pressure, think creatively, and provide weekend support when needed.
Notice to Recruiters and Staffing Agencies: Leeward Renewable Energy (LRE) does not accept unsolicited resumes from recruiting vendors or employment agencies. Only recruiting vendors with a current, signed agreement in place with LRE are authorized to submit resumes for specific, requested positions. All unsolicited resumes and candidate profiles submitted to LRE, or any LRE employee, without an active agreement or written request from LRE’s HR Department, will be considered property of LRE. LRE will not be responsible for any fees or expenses associated with unsolicited resumes or candidates submitted in this manner.