At PGE, our work involves dreaming about, planning for, and realizing a smarter, cleaner, more enduring Oregon neighborhood. Its core to our DNA and we haven’t stopped since we started in 1888. We energize lives, strengthen communities and drive advancements in energy that promote social, economic and environmental progress. We’re always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.

Summary

Real-Time trading is responsible for purchasing and selling energy and transmission to meet load and maintain reliability of our system. We seek out abilities to arbitrage markets, trade around unit costs, and meet load in the most economical way possible.

Work on a team of two to best monetize our resources and find market opportunities to lower power costs for our customers. Monitor wind output, forebays, fuel supply and more while making sure we can meet load reliably.

There is only one position available but we can hire at one of two levels.

Real – Time Trader: Career

▪ Requires in-depth knowledge and experience

▪ Uses best practices and knowledge of internal or external business issues to improve products or services

▪ Solves complex problems; takes a new perspective using existing solutions

▪ Works independently; receives minimal guidance

▪ Acts as a resource for colleagues with less experience

Senior Real-Time Trader: Specialist

▪ Requires specialized depth and/or breadth of expertise

▪ Interprets internal or external business issues and recommends best practices

▪ Solves complex problems; takes a broad perspective to identify innovative solutions

▪ Works independently, with guidance in only the most complex situations

▪ May lead functional teams or projects

Key Responsibilities

Real – Time Trader:

Power Supply Management Monitors reservoir levels, wind forecasts and fuels supply to optimize use of generation resources and arrange generation operations to meet load and reserve requirements for each hour; utilizes outage information to ensure efficient commodity market dispatch of PGE generating facilities; develops and submits base schedules and energy bids to the commodity market operator on an hourly basis; schedules short-term interutility exchanges of power and related power products; negotiates and purchases hourly and daily supplies of energy; determines price/risk tradeoffs of various power system operating strategies; implements term and day-ahead contracts based on negotiated terms; develops day-ahead schedules for controllable resources.

Power Marketing Negotiates real-time energy sales, purchases and wheeling arrangements with other entities, including hourly and daily sales of surplus power throughout the Western Electricity Coordinating Council (WECC); analyzes and develops near-term wholesale marketing and commodity market bidding strategies; identifies and evaluates price/risk tradeoffs of various power sale/supply/transmission scenarios; implements near-term wholesale market strategies to meet revenue objectives; monitors West Coast power markets to capture market information that will facilitate economic transactions.

Accounting and Reporting Documents and maintains records for PGE’s Merchant Real Time Operations’ activities and wholesale power transactions; produces reports for governmental agencies, merchants, balancing authorities, accounting and contracting personnel and others as required.

Transmission Management Redirects and/or purchases transmission to meet PGE’s needs for Merchant Real Time Operations’ activities; resells PGE purchased transmission that is surplus; provides for efficient and economic transfer of system resources within the EIM footprint; accounts for all transmission activities.

External Relations Develops working relationships with scheduling personnel, energy marketers and utilities to transact business.

Senior Real – Time Trader:

Power Supply Management Leads a team or personally monitors reservoir levels, wind forecasts and fuels supply to optimize use of generation resources and arrange generation operations to meet load and reserve requirements for each hour; assesses outage information and directs commodity market dispatch of PGE generating facilities; develops and submits base schedules and energy bids to the commodity market operator on an hourly basis; schedules short-term interutility exchanges of power and related power products; negotiates more complex purchases of hourly and daily supplies of energy; determines price/risk tradeoffs of more costly power system operating strategies; implements term and day-ahead contracts based on negotiated terms; develops day-ahead schedules for controllable resources; provides training and guidance on managing power supply to less experienced traders.

Power Marketing Leads a team or personally negotiates all real-time energy sales, purchases and wheeling arrangements with other entities, including hourly and daily sales of surplus power throughout the Western Electricity Coordinating Council (WECC); analyzes and develops more complex near-term wholesale marketing and commodity market bidding strategies; identifies and evaluates price/risk tradeoffs of very complex power sale/supply/transmission scenarios; implements near-term wholesale market strategies to meet revenue objectives; serves as an authority on the West Coast power markets and captures market information that will facilitate economic transactions; provides training and guidance on power marketing to less experienced traders.

Accounting and Reporting Documents and maintains records for PGE’s Merchant Real Time Operations’ activities and wholesale power transactions; produces reports for governmental agencies, merchants, balancing authorities, accounting and contracting personnel and others as required; serves as an authority on energy marketing and trading.

Transmission Management Leads a team or personally redirects and/or purchases transmission to meet PGE’s needs for Merchant Real Time Operations’ activities; resells PGE purchased transmission that is surplus; ensures efficient and economic transfer of system resources within the EIM footprint; accounts for all transmission activities; provides training and guidance on managing transmission to less experienced traders.

External Relations Is recognized as an authority of the power trading/scheduling system and develops working relationships with scheduling personnel, energy marketers and utilities to transact business.

Qualifications

Education/Experience/Certifications

Real – Time Trader: Requires a bachelor’s degree in mathematics, finance, business, economics or other related field or equivalent experience.

Typically, five or more years in the energy industry or related field. Experience preferred in generation dispatching or real-time operation of power plants or transmission systems.

Senior Real – Time Trader: Requires a bachelor’s degree in mathematics, finance, business, economics or other related field or equivalent experience.

Typically, eight or more years in the energy industry or related field. Experience preferred in generation dispatching or real-time operation of power plants or transmission systems.

Driver’s license: Required

Competencies

Functional Competencies:

Intermediate/Advanced knowledge of electric bulk power generation, transmission, and operating systems.

Intermediate/Advanced knowledge of regional electric utilities, Northwest and Southwest power markets and power and wheeling market pricing and practices.

Intermediate/Advanced skills in analyzing energy market conditions or trends.

Intermediate/Advanced knowledge of the theory, precepts, practices and requirements of balancing authority operations.

Intermediate/Advanced knowledge of contract law, rules and regulations.

Intermediate/Advanced knowledge of water management policies and procedures for hydro facilities

Intermediate/Advanced skills in negotiating contracts

Intermediate/Advanced computer skills in using spreadsheets

General Competencies:

Intermediate/Advanced analytical thinking skills

Intermediate/Advanced decision-making skills

Intermediate/Advanced diplomacy skills

Intermediate/Advanced problem-solving skills

Intermediate/Advanced written and oral presentation skills

Physical, Schedule/Attendance and Cognitive Demands

Cognitive Level: Substantial: Consistent use of logic or scientific thinking to define problems, collect information, establish facts, and draw valid conclusions (for example, engineer, HR director, plant manager, etc.).

Cognitive:

• Ability to adhere to set response times, deadlines, and time-sensitive tasks

• Ability to follow accuracy standards

• Ability to follow through on decision-making tasks

• Ability to interact effectively and collaboratively within a team environment

• Ability to communicate and problem solve when under stress

• Ability to respond and adapt to frequent change

• Ability to accept and demonstrate self-awareness when provided constructive feedback

• Ability to discern feedback and acknowledge ownership of areas of improvement

• Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks

• Ability to successfully collaborate with peers, managers, and others within the organization

• Demonstrates sound memory

• Ability to process new information to be applied consistently to work tasks

Schedule/Attendance:

• Ability to adhere to pre-established schedule, including start/stop time and break/lunch schedule

• Ability to work long hours

• Ability to work a variable schedule

• Ability to report to work and perform work during periods of severe inclement weather

• Ability to consistently meet attendance standards for regular, reliable, predictable, full-time attendance

• Ability to work shift schedule

• Ability to work on-call schedule

Driving/travel/commute

• Daily within service territory

• Occasionally (one to two times a month or less)

Computer use (use computer regularly for entire work shift)

Office environment

#LI-BJ1, #LI-Hybrid

Compensation Range:

$96,300.00 - $189,875.00

Actual total compensation, including a performance based incentive bonus, is commensurate with experience, skills, qualifications, education, training, and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range, the decision will be made on a case-by-case basis.

PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company, and, at the same time, support your well-being and professional development, both now and into the future. To find out more, click here (https://portlandgeneral.com/hrcs5511) .

Join us today and power your potential!

Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.

PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race, color, national origin, gender, gender identity, sexual orientation, age, religion, disability, protected veteran status, or other characteristics protected by law.

PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation, or would like to request one, please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting talentacquisition@pgn.com or by calling 503-464-7250. The Recruiter will provide information and next steps for the accommodation process. Our Diversity, Equity & Inclusion (DEI) team is also available for support. You can contact them at dei@pgn.com .

To be considered for this position, please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed, job is open until filled.

At Portland General Electric, we’re innovators, builders, and achievers. We’re committed to powering our customers’ potential and making a difference for our community and the planet. Today, that commitment includes developing an intelligent and resilient electric grid, electrifying transportation and de-carbonizing the energy sector.

We’re proud to deliver an exceptional experience to help our customers thrive. Our mission is to make clean, reliable and affordable energy services available to all. We obsess over serving customers and are committed to growing employee career paths with purpose. Equity and inclusion are core business values; we celebrate our differences and are committed to developing teams that reflect the communities we serve.