Power Analyst - Forward Hedging & Risk Management
TotalEnergies
- USA
- Permanent
- Full-time
- Conduct in-depth analysis of power and gas markets in ERCOT, including supply and demand dynamics, price trends, regulatory changes and technologies.
- Develop methodology and pricing model for hedging in ERCOT.
- Participate in the definition of TotalEnergies hedging strategy (appropriate limits and targets to mitigate financial risks).
- Formulate and execute mid-term hedging strategies, encompassing both power and gas, in line with market opportunities and company goals.
- Work closely with TotalEnergies Energy Management partner and Power Trading desks to align short-term actions with mid-term hedging strategies.
- Closely monitor the optimization of the portfolio and the performances of the energy management partners.
- Bachelor's or Master's degree in Economics, Finance, Engineering, Business Administration, or related field.
- 3-5 years of experience in power markets, ideally working dispatch in a trading environment. You have an understanding of forward hedging and risk management. Knowledge of ERCOT market required.
- Comprehensive understanding of the energy industry, power market structures, and energy trading dynamics.
- Experience with CCGT power plants would give you a clear advantage over other candidates, but experience with other types of power producing/storing assets would be ideal.
- Excellent analytical and quantitative skills.
- You thrive in a fast-paced and high-intensity role, while benefiting from a supportive team environment.
- Strong communication skills and ability to work effectively across diverse teams.