Atura Power Looking for Real Time Trader / Energy Manager (Gas & Electricity Markets) at Toronto, ON Full Time

Introduction

Atura Power is the largest fleet of combined cycle power plants in Ontario. Our facilities are located across the province including Napanee, Halton Hills, Toronto, and Windsor. This position is a hybrid role, in-office hours will be located at Portlands Energy Centre in Toronto. Guided by our values, we are inclusive, we work safely, we are flexible, we look for ways to do things better, we always act with integrity.

Join the team that powers the province!

Reporting to the Commercial Manager, the Real Time Trader / Energy Manager is accountable for executing the commercial strategy in real-time with respect to both electricity and gas market aspects of the Atura Power fleet. Additional projects will be assigned during non-shift working days.

This position welcomes recent graduates who are seeking a rewarding challenge.

Job Description

Executing the commercial market aspects of the Atura Power business in accordance with approved policies, budgets and business plans, the successful candidate will be responsible for:

• Offering of available generating capacity into the IESO market, subject to plant operating and dispatch constraints and market conditions, interacting closely with operating and maintenance staff;
• Purchase and sale of large quantities of natural gas to fuel the facilities;
• Managing the delivery and balancing of natural gas supply using a suite of available transportation, distribution, storage, and balancing services;
• Working closely with plant operations and maintenance departments on all aspects of commercial operations and on coordination of dispatch activity;
• Providing real-time market analysis to assist in the development of daily and longer-term asset optimization strategies;
• Ensuring full compliance with IESO market rules, regulatory requirements, and risk policies;
• Interfacing with IESO to manage market rules and regulatory compliance, settlements verification and participation in IESO stakeholdering events;
• Tracking and reporting on gas and power commercial activities in relation to IESO contract obligations and the electricity market;
• Maintaining safe and responsible work habits and enjoy working in a close-knit team;
• Participation in and support of various projects to facilitate commercial operations including spreadsheet and software tool development and performing analysis; and
• Being a member of a larger team, participating in overall plants safety initiatives and contributing to the overall success of the organization.

The successful candidate will learn the following skills & expertise:

POWER

• Understanding of the Ontario Electricity Market administered by the Independent Electricity System Operator (IESO), from the perspective of a power generator, including the following aspects:
  • Market participation through offering, scheduling, and dispatch
  • IESO market rules
  • Communication protocols with the IESO
  • Settlements of IESO market and contract revenues and production
• Understanding of the operation of Combined Cycle Gas Turbine (CCGT) type power plants fuelled by natural gas

GAS

• Understanding of the natural gas market in Ontario, from the perspective of gas fired generators, including the following aspects:
  • Purchase and sale of large quantities of natural gas on a daily basis, including deal capture and settlements with NGX and gas suppliers
  • Assessment of new and existing gas services provided by Union Gas, TCPL, and Enbridge Gas Distribution for the management of gas deliveries and imbalances
  • Scheduling and nomination of gas deliveries along pipelines operated by Union Gas, TCPL, and Enbridge Gas Distribution
  • Scheduling and nomination of gas into and out of storage and balancing accounts to manage supply and consumption

Required Qualifications – GENERAL

• Strong business and commercial acumen
• Excellent interpersonal skills and teamwork skills
• Undergraduate Bachelor’s degree (Engineering or Finance) or other applicable education and experience
• Experience or interest in electricity and/or gas markets
• Proficient with Microsoft Excel spreadsheets for data management and reporting and building models and software tools to support commercial activities
• Programming, analytical, and/or proven problem-solving skills (VBA, SQL)
• Excellent general computer and technology skills in order to quickly learn and use various software and web based applications required to interact with gas and power markets
• Team Player – enjoy working with a group of people with different personalities
• Excellent English communication skills, both verbal and written
• Punctual, reliable, and self motivated

This role requires shift rotation. This role may be consisted of off-business-hour (evenings, nights, and weekend) shifts. Expected shift schedule will be determined and communicated to candidates before candidates are selected.

Compensation and Benefits

Compensation will be competitive and commensurate with qualifications and experience.

Salary range $85,000 – $105,000
Annual performance incentive targeted at 15% of base wages
Vacation 3 weeks (120 hours)
Flex Days 4 (32 hours)
Health & Dental Benefits
Employee and Family Assistance Program
Rotating work schedule, mainly remote work (work from home)

Job Types

Full-time, Permanent

Atura Power strives to embody the values of respect, collaboration, and diversity, and has a strong commitment to employment equity. The diversity of our workforce is at the core of our innovation and creativity. Atura Power seeks qualified candidates who share our commitment to equity, diversity and inclusion. While all qualified candidates are invited to apply, we particularly welcome applications from women, persons with disabilities, First Nations, Métis and Inuit peoples, members of visible minorities, and 2SLGBTQ+ persons.