Overview
This role is responsible for optimizing the commercial and operational performance of a hydropower portfolio across ISO/RTO and bilateral power markets. You will lead energy management, wholesale market participation, and trading activities to maximize revenue, manage risk, and support long-term portfolio value. Success requires close coordination with plant operations, finance, and senior leadership to align hydrology, dispatch decisions, and market strategies across organized markets and bilateral transactions.
Responsibilities
Energy Management & Trading
- Develop and execute market participation, trading, and hedging strategies for a portfolio of hydropower assets across ISO/RTO and bilateral power markets
- Lead short-term and forward power trading activities
- Manage exposure to power price volatility, congestion, basis risk, counterparty risk, and hydrology-driven variability
- Oversee energy scheduling, bidding and offering strategies, settlements, confirmations, and reconciliation processes
- Negotiate, execute, and manage power sales agreements, hedges, and structured products
Hydro Portfolio Optimization
- Coordinate closely with plant operations to optimize dispatch, outage planning, and water value across hydropower facilities
- Integrate hydrology forecasts, reservoir constraints, and operational flexibility into market and bilateral trading decisions
- Monitor portfolio performance versus budget, forecast, and market benchmarks; recommend and implement corrective actions
Market Analysis & Commercial Strategy
- Monitor ISO/RTO market rules, pricing dynamics, congestion patterns, bilateral market conditions, and regulatory developments
- Analyze historical and forward price curves to identify commercial opportunities and risk mitigation strategies
- Build and maintain financial models to evaluate trading strategies, asset performance, bilateral contracts, and commercial transactions
- Support development, acquisition, and financing activities through market, pricing, and revenue diligence
Stakeholder Engagement & Leadership
- Serve as a primary commercial interface with ISOs/RTOs, bilateral counterparties, utilities, brokers, and trading partners
- Provide clear market insights, performance reporting, and strategic recommendations to senior leadership
- Lead continuous improvement of forecasting, analytics, and data processes supporting trading and energy management
- Provide guidance, oversight, or mentorship to supporting staff or cross-functional teams, as applicable
Requirements
Required
- Bachelor’s degree in engineering, economics, business, energy management, or a related field
- 5+ years of experience in power markets, energy trading, energy management, or portfolio optimization
- Strong understanding of wholesale electricity markets, including ISO/RTO and bilateral market structures, pricing, congestion, and settlement mechanics
- Demonstrated experience managing market, operational, and counterparty risk and executing commercial strategies
- Strong analytical and financial modeling skills with advanced proficiency in Excel
- Excellent written and verbal communication skills with the ability to influence cross-functional teams and senior leadership
Preferred
- Experience managing or trading asset-backed generation portfolios, particularly dispatchable resources such as hydropower
- Familiarity with power market analytics, forecasting, and trading platforms
- Proficiency with data and visualization tools (Power BI, Tableau, SQL, Python, or similar)
- Experience structuring and negotiating bilateral power transactions, PPAs, and financial hedging instruments
- Prior experience leading projects, initiatives, or mentoring junior staff
Compensation & Benefits
- Anticipated salary range: $100,000 - 120,000
- Individual pay within the range is determined by factors such as job-related skills, experience, relevant education or training, and work location.
- Comprehensive benefits package may include: Medical, Dental, Vision, HSA, FSA, Commuter benefits, Voluntary Life, 401(k) match
- Competitive holiday & PTO schedule, including time off for community volunteering
- Benefits eligibility may vary based on employment status, position, length of service, and applicable plan requirements.
Location, Schedule, and Travel
- Work schedule: Monday through Friday
- Classification: Remote, with hybrid options available for candidates residing near any of the following offices: Bethesda, MD; Badin, NC; or Neshkoro, WI
- Travel: Estimated 10% travel to meetings and events as part of the job responsibilities
- May require: occasional evening, weekend, or holiday work; overtime as needed
- Schedule and work hours may be adjusted based on organizational needs and the requirements of the position