2h ago

Senior Manager CRR & FTR Trading, Market Optimization & Trading

San Diego, California, United States

$190,000-$230,000 / year

full-timesenior HybridEnergy / Renewable Energy

Tech Stack

Description

You will develop, execute, and optimize congestion management strategies for Clearway Energy's generation portfolio across ERCOT, CAISO, and PJM markets. This role focuses on identifying and monetizing congestion opportunities through CRR/FTR trading, managing nodal risk, and supporting portfolio optimization within a rapidly expanding renewables platform.

Requirements

  • Bachelor's degree in Engineering, Economics, Finance, or related field
  • 6-10 years of power market experience with at least 2+ years directly in CRR, FTR, nodal, or virtual trading
  • Experience using ERCOT and CAISO markets
  • Strong analytical, modeling, risk management, and trading skills
  • Proficiency with programming tools such as Python, R, SQL, and Power BI for congestion analytics

Responsibilities

  • Develop and execute CRR, FTR, and congestion trading strategies to hedge portfolio congestion risk across ERCOT, CAISO, and PJM
  • Analyze historical and forecasted congestion patterns to identify trading opportunities in monthly and annual CRR auctions
  • Manage portfolio-level exposure to nodal price risk through CRR/FTR acquisitions, sales, and virtual positions
  • Utilize power flow and production cost modeling software (e.g., Dayzer, PROMOD) to forecast congestion and simulate transmission constraints
  • Develop and apply portfolio optimization techniques to drive hedge strategy decisions while balancing risk-adjusted revenue
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