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Xcel Energy Services, Inc. Power System Trader Job in Denver, Colorado

Location(s): CO - DenverAre you looking for an exciting job where you can put your skills, talentsand education to work at a company you can feel proud to be a part of? Doyou want a workplace that will challenge you and offer you opportunities tolearn and grow? A professional position at Xcel Energy could be just whatyou're looking for.Xcel Energy is seeking a Power System Trader to support operations at ouroffice at 1800 Larimer in Denver, Colorado. The preferred candidate willhave current NERC certification. At least one year of experience in powersystem dispatching is also desirable. At this time, relocation funds willnot be offered for this position. Please note: this position requiresworking 12 hour "Dupont schedule"rotating shifts.SummaryCoordinate and maintain hourly energy balance between demand requirements andsupply resources at the lowest possible cost. Dispatch generation facilitiesand purchase power resources with economic consideration and to maintainsystem integrity, meeting all reliability requirements as established byNERC or other authority. Develop and maintain an hourly system position andderive economic incremental and avoided cost pricing signals. Maximize theeconomic benefit to the system by identifying additional trading opportunitiesavailable through the open market, and engage in financial and bilateraltransactions that benefit the system. NERC certification is a requirement tothis position.Essential ResponsibilitiesDevelop an hourly load demand forecast for the current and next dayoperations. Derive a system position, incorporating the demand obligationsand resource availability, in order to economically direct the commitment ofgeneration facilities within the system and dispatch other contractuallyavailable assets to meet total obligation requirements. Maintain and revisehourly forecasts and system position throughout the day as system conditionschange due to unit availabilities, reserve requirements or load deviations.Coordinate these adjustments with the generating plants. Plan and scheduleshort notice facility outages and derates. Derive system cost signals.Forecast and optimize natural gas utilization and convey scheduling needs tothe fuels group.Purchase/sell and schedule energy from economic suppliers/sinks on anhourly basis. Interact and coordinate with the real-time traders to maximizehourly market products for the system. Optimize the system position withfinancial and physical energy transactions. Input and manage hourly bindinggeneration offers and balance system position associated with ISO markets.Continually monitor the marketplace in search for additional energy tradingopportunities. Coordinate and implement these energy transactions.Schedule and account for daily/hourly transactions in the power systemaccounting system, making revisions when necessary to balance books.Coordinate and confirm daily transactions. Assist analysts in tracking,trending, and analyzing the performance of the daily dispatch, includingasset optimization and scheduled transaction valuation. Maintain operationaldocumentation via electronic log. Maintain documentation necessary to verifyand complete accurate costing of sales. Maintain data as required byregulatoryCommunicate with Security Coordinators, Control Area Operators andTransmission Operators on a continual basis, exchanging reliability dataspecific to generation in order to maintain system integrity. Implementactions requested by any of the previously mentioned authorities in order toprovide the necessary system ancillary services and ensure system reliability.Take corrective action such that service interruptions and equipment damageare minimized.RequiredHigh school diploma or equivalentBachelor's degree in Business Economics, Mathematics, or Engineering(6 years experience in a related field may substitute for the degree)Working knowledge of power systems operations and energy industry structureand marketPreferred3 years experience in power system disp