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Posted 2 weeks agoSenior Originator (Utility Markets)
at Xcel Energy
Denver, United StatesOn-site
Responsibilities
- Proven track record of working closely with utility operations and dispatch teams to ensure market activities support day-to-day reliability, operational flexibility, and system constraints.
Requirements
- experience in evaluating industry trends, company data, and the business environment to identify prospective mid-market and longer term power origination opportunities.
- Is responsible for understanding and using various pricing models and has a deep understanding of centralized electric market operations, including markets such as the Midwest ISO and the Southwest Power Pool.
- Requirements Master's degree (preferably MBA) in engineering, business, economics or related field.
- Eight to ten years of equivalent experiences in trading and marketing or technical sales may be substituted for a degree. Minimum of 5 year's
- experience in the energy industry. At least 3 year's
- experience in power marketing, trading, or origination role. Preferred
- Qualifications Deep understanding of ISO/RTO market structures and rules, with a focus on MISO, SPP, and SPP RTO Expansion (RTOE), including resource adequacy constructs, capacity obligations, and auction frameworks.
- Demonstrated ability to structure and execute transactions that support utility system needs, including capacity, energy, and reliability
- Strong understanding of regulated utility business models, including cost recovery constructs, regulatory obligations, and the alignment of market activity with utility customer outcomes.
- Experience partnering with resource planning teams to develop and execute strategies that meet both long-term portfolio needs and near-term system requirements.
Benefits
- Non-Bargaining The anticipated starting base pay for this position is: $167,000.00 to $236,600.00 per year This position is eligible for the following
- benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition