Analyst/Associate, Energy Marketing & Trading

Overview

About us:

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy expansion solutions. Since inception, LS Power has developed or acquired 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through its transmission business, LS Power Grid, the company has built 780+ miles of high-voltage transmission systems with another 375+ miles currently in construction or development. LS Power actively invests in and scales businesses that are meeting the growing needs of the energy expansion, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised more than $76 billion in debt and equity capital to support North American infrastructure.

Our Purpose, Mission, & Values:

Our Purpose is to solve complex energy problems that improve the world

Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem

Our Values are the willingness to participate in and help strengthen our culture of integrity, Innovation, Teamwork, and Taking Ownership

Our People create value and are our Most Valuable asset.  We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.

Benefits

We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.

Compensation

The salary for this role is $100,000 - $125,000. This is the range that we in good faith anticipate relying on when setting wages for this position. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in New York.  This salary range may also be modified in the future.

About the Role:

A leading asset operator, investor, and developer focused on the energy markets in the United States.  The successful candidate will be responsible for providing support for various acquisition and divestiture efforts, primarily through the support of asset market and trading activities, analysis of and certifications related to hedging and trading opportunities.  The ideal candidate will have a strong understanding of the fragmented power markets across the United States, sound knowledge of trading products, analytical and programming capability and structuring expertise.

Responsibilities

What you will do

• Perform market analysis to determine short and long term trading opportunities in the commodity markets (Power, FTRs, emissions, RECs,natural gas, oil, coal, natural gas basis, power basis).
• Directly oversee third parties who are leading the day-to-day commercial strategies for generating facilities (bidding, procuring fuel, outage coordination, etc).
• Utilize industry fundamental and technical analysis to research market dynamics and assess trade and hedge positions.
• Monitor market, industry, product and pricing trends.
• Assist with structuring and negotiating documentation to put trades into place.
• Provide asset valuation support for company’s acquisition and development activity.
• Assist acquisition efforts in assessing and underwriring revenue streams for target power generation facilities.
• Participate with the acquisition and development team to evaluate strategic hedging alternatives.
• Develop power generation hedging strategies across market regions to maximize profitability and minimize margin volatility.
• Hedging would focus on the gross margin value streams such as power, ancillaries, and capacity.
• Formulate risk management and trading strategies.
• Ensure compliance with strategic objectives and existing risk controls.
• Apply statistical and econometric analysis to raw Power and Gas data sets to form robust conclusions with predictive value.

Qualifications

We want you on our team because you...

• Hold a Bachelor’s Degree.
• Have a minimum of three years of trading, structuring, and/or analytical support experience within the power industry.
• Have analytic, modeling, and fundamental research skills including demonstrated capability utilizing programming languages (writing, reading and editing code).
• Possess working knowledge of various trade capture and programming systems.
• Have excellent written and oral communication skills.
• Are able to work on a number of simultaneous projects with minimal supervision and exemplary follow-through.

Responsibilities

What you will do
- Perform market analysis to determine short and long term trading opportunities in the commodity markets (Power, FTRs, emissions, RECs,natural gas, oil, coal, natural gas basis, power basis).
- Directly oversee third parties who are leading the day-to-day commercial strategies for generating facilities (bidding, procuring fuel, outage coordination, etc).
- Utilize industry fundamental and technical analysis to research market dynamics and assess trade and hedge positions.
- Monitor market, industry, product and pricing trends.
- Assist with structuring and negotiating documentation to put trades into place.
- Provide asset valuation support for company’s acquisition and development activity.
- Assist acquisition efforts in assessing and underwriring revenue streams for target power generation facilities.
- Participate with the acquisition and development team to evaluate strategic hedging alternatives.
- Develop power generation hedging strategies across market regions to maximize profitability and minimize margin volatility.
- Hedging would focus on the gross margin value streams such as power, ancillaries, and capacity.
- Formulate risk management and trading strategies.
- Ensure compliance with strategic objectives and existing risk controls.
- Apply statistical and econometric analysis to raw Power and Gas data sets to form robust conclusions with predictive value.