Jobs · Sales · Wisconsin

Energy Trading Manager

Madison Gas and Electric · Madison, WI · 1 wk ago
SalesFull-time

Core Responsibilities

  • Note: this list is not all-inclusive
  • Develop and implement daily and monthly electric strategies for buying load and selling generation in the MISO market.
  • Cook up and coordinate daily and monthly market activities for jointly owned power plants and Power Purchase Agreements.
  • Keep an eye out for and adjust power and natural gas strategies daily in response to market changes.
  • Coordinate daily and monthly natural gas supply for generation with Dispatch Analyst.
  • Participate in MISO market activities such as auction revenue rights/financial transmission rights, virtuals, and capacity auctions.
  • Maintain in-depth knowledge of the MISO tariff, Public Service Commission rules, and other regulatory requirements affecting energy procurement; ensure compliance with market rules at all times.
  • Develop and implement hedging plans under the Risk Management Plan to manage price exposure risks in gas and electric markets.
  • Monitor and develop information for the Company's Electric Fuel Budget.
  • Continually monitor physical and financial natural gas and power markets to identify purchase and sale opportunities, optimize Company assets, and evaluate supplier credit risks.
  • Provide daily and weekend support as part of a 24/7 on-call rotation to monitor gas system load and electric transactions.
  • Generate analyses, confirmations, and documentation to ensure complete and accurate support for trading activities.
  • Build and maintain relationships with counterparties, including trading partners, joint plant personnel, utilities, and other market participants.
  • Participate in state and federal regulatory issues as directed.
  • Maintain compliance with Company policies, procedures, fuels procurement processes, risk management programs, and credit policy.
  • Serve as backup for colleagues in the department to ensure consistent coverage of critical tasks.
  • Maintain familiarity with the Company's tariff and recommend changes to meet Company objectives.

Behavioral Competencies

  • Strategic Mindset – Anticipates future trends and creates competitive strategies.
  • Manages Complexity – Makes sense of complex, high-quantity, and sometimes contradictory information.
  • Plans and Aligns – Plans and prioritizes work to meet commitments aligned with goals.

Skills

  • In-depth knowledge of natural gas and power market fundamentals.
  • Strong analytical skills and ability to process and interpret large amounts of data quickly and accurately.
  • Solid understanding of hedging principles and risk management concepts.
  • Ability to handle multiple priorities and adapt to changing circumstances.
  • Strong verbal, written, and presentation skills.
  • Proficiency in interpreting and analyzing pipeline and power tariffs.
  • C competence with relevant software tools (e.g., PCI systems, spreadsheets, word processing).
  • Ability to work independently with minimal supervision in areas requiring accuracy and detailed analysis.

Education

  • Bachelor's degree in a related field (or equivalent experience).

Experience

  • 2–5 years of experience in the power-trading industry.

Work Location

This hybrid role is based at our Madison, WI headquarters. While three days onsite is the minimum, team collaboration and business needs may require additional in-office presence.

Similar jobs

Energy Manager

Cleveland County SchoolsShelby, NC· 1 mo ago
Managementapply on ats4.atenterprise.powerschool.com

Energy Manager

FirstService ResidentialBrooklyn, NY· 1 wk ago
Manufacturing$90k–$130k/yrapply on careers.fsresidential.com

Energy Manager

UW HealthMadison, WI· 3 wk ago
Managementapply on eimy.fa.us6.oraclecloud.com