Power Trader

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 76 power plants in operation and one under construction represents nearly 26,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states, Canada and Mexico. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary (includes but is not limited to the following; other duties may be assigned)

Buys and sells energy, most often in the intermediate-term markets to maximize profitability while ensuring that all activities are aligned with Calpine’s portfolio strategy. Monitors variables that influence pricing, availability and reliability of power sources. Responsible for interacting with the market participants to develop, negotiate, and execute opportunistic business opportunities that create value for Calpine, which at the more senior level may include developing new products and innovative arrangements to meet customer needs. Analyzes and reacts to current market and competitive conditions. Supports the identification of surpluses and needs for capacity and energy and is responsible for analyzing and evaluating complex energy transactions to ensure that all relevant aspects including energy price, transmission, counterparty, and contractual terms are favorable to and consistent with company guidelines for risk management.

Job Scope & Technical Excellence

• Solid, working knowledge.
• Experienced professional with full understanding of job, company and industry practices.
• Performs in fully-functioning capacity, equivalent to a journey level contributor.

Decision Making & Innovation

• Makes decisions regarding own work, often in ambiguous situations; makes recommendations regarding own function/discipline.
• Solves operational problems and associated technical issues; modifies existing tools, techniques or processes.

Work Complexity & Independent Judgement

• Works on problems of moderate complexity.
• Uses independent judgment within defined policies and practices. Interprets guidelines, select methods, techniques and analytical approach.

Self - Management & Leadership

• Little instruction on day-to-day work, general instructions on new assignments.
• May be designated project or technical lead for an ongoing process or short-term project within own department.

Communication & Influence

• Information sharing – gives and receives information such as options, technical direction, instruction and reporting results.

Education and Experience

• Minimum 60 semester hours of college coursework, with an emphasis in Business, Mathematics, Applied Statistics, Accounting, Economics or equivalent; Bachelor’s Degree preferred.
• Journey – level; typically requires 2-5 years power trading experience including general knowledge of trading tools an indices, marginal and average pricing and generation commitment techniques.
• Strong mathematical and organizational skills and intermediate to advanced Excel/spreadsheet/database skills.

Additional Calpine Information:

• Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
• Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.

Please view Equal Employment Opportunity Posters provided by OFCCP here

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)