Job Information
LS Power Development, LLC Analyst, Energy Marketing & Trading in New York, New York
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 transition solutions. Since inception, LS Power has developed or acquired over 47,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through LS Power Grid, the Firm has built and operates approximately 780 miles of high-voltage transmission and has another 350+ miles and multiple grid infrastructure projects currently under construction or development. Across its efforts, LS Power actively invests in and scales businesses that are accelerating the energy transition, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised $54 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 teamthe 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 $90,000 - $120,000. 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
Job Locations US-NY-New York
ID 2024-1582
Category LS Power Generation
Type Full Time