Power Trader
This position will be located at the Energy Center in Birmingham, AL
Summary of Position Duties
The Power Trading team of the Commercial Optimization, Trading & Transmission organization within Southern Power Company interfaces with the power markets to optimize the value of gas and renewable assets, to hedge risks inherent with purchase power agreement contract structures, and to provide net income through trading activity. This position is accountable for developing, analyzing and executing market strategies in the wholesale energy markets, both bilateral and organized RTO/ISO markets. These strategies may include marketing excess capacity and energy from uncovered assets, optimizing market value through day ahead and real time offers, hedging price basis risk using various market instruments and creating margin opportunities through financial power trading. Transactions are pursued in the short-term market (next-day up to two years). The position must perform these activities within all applicable policies, procedures, laws and regulations while collaborating closely with other groups (e.g. Structuring & Analysis, Fleet Operations, Fuels and Risk Control). This position also interfaces with external customers/counterparties.
Job Experience and Education
Knowledge, Skills & Abilities
The following knowledge, skills and abilities are desired:
Knowledge of:
Skills:
Ability to:
Behavioral Attributes
Work Schedule & Travel Requirements
Southern Power , a subsidiary of Southern Company, is a leading U.S. wholesale energy provider meeting the electricity needs of municipalities, electric cooperatives, investor-owned utilities, and other energy customers. Southern Power and its subsidiaries own 55 facilities operating or under construction in 14 states with more than 12,500 MW of generating capacity in Alabama, California, Delaware, Georgia, Kansas, Maine, Nevada, New Mexico, North Carolina, Oklahoma, South Dakota, Texas, West Virginia, and Washington.
Southern Company (NYSE: SO) is a leading energy provider serving 9 million residential and commercial customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy infrastructure company with national capabilities, a fiber optics network, and telecommunications services. Through an industry-leading commitment to innovation, resilience, and sustainability, we are taking action to meet our customers and communities needs while advancing our commitment to net zero emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture and hiring practices have earned the company national awards and recognition from numerous organizations, including Forbes, Military Times, DiversityInc, Black Enterprise, J.D. Power, Fortune, Human Rights Campaign and more. To learn more, visit www.southerncompany.com.
Southern Company is an equal opportunity employer where an applicant’s qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, genetic information, sexual orientation, gender identity or expression, or any other basis prohibited by law.
Job Identification: 6266
Job Category: Engineering
Job Schedule: Full time
Company: Southern Power