Shift Trader
5 days ago
An opportunity has arisen to recruit an **Intraday Gas & Power Trader**, to join an expanding 24/7 trading team.
The individual will be responsible for **executing trading strategies**, utilising expertise in the GB wholesale energy and balancing mechanism markets, optimising thermal generation plant to maximise gross margin, and offer support to the widerbusiness functions when required.
Reporting to the Trading Manager (GB), the key responsibilities and duties will include:
- Trading intraday gas and power markets to balance and reduce the business’ exposure to imbalance
- Working as part of a 24/7 operations team on a full shift rotation basis, utilising self-starter capability while also working efficiently within a team environment
- Devising, developing and implementing short-term trading strategies, using intraday/day-ahead and Balancing Mechanism markets to optimise generation and maximise overall plant revenue
- Dispatching our portfolio to capture gross margin from optimal generation/trading decisions, operating within credit guidelines and risk limits
- Managing the business’ contracted positions to avoid exposure to volatile and punitive imbalance charges
- Coordinating and planning short-term outages to minimise commercial impact and manage the process of units returning to service
- Ensuring all power market license conditions are upheld through good communications with the relevant network operator(s) and implementation of network codes
- Delivering against annual team/individual targets & ensure our performance is tracked using agreed key performance metrics
Experience of working in a European energy trading and/or operations discipline
Industry experience as an energy market analyst
Knowledge of European gas, power and emissions trading
Knowledge of National Grid Electricity System Operator services, codes, operations and forums
Knowledge of Transmission Constraint Licence Condition
Knowledge of Uniform Network Code and REMIT
IT skills - Python, SQL, VBA
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