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Sr. Analyst Transmission Trading

Sr. Analyst Transmission Trading

TXU EnergyIrving, TX, US
30+ days ago
Job type
  • Full-time
Job description

Transmission Congestion Analyst

This position is responsible for developing and maintaining a mid-term (12-24 months ahead) point-of-view on transmission congestion to manage Luminant's risk and uncover speculative opportunities in forward Congestion Revenue Rights (CRR) and related markets. While the Transmission desk also engages in day-ahead and real-time activity, this role's core deliverable is a forward-looking forecast that informs hedging and trading decisions one to two years before delivery.

Key Accountabilities

  • Develop mid-term congestion forecasts using fundamental models, with monthly granularity extending out to 24 months.
  • Apply advanced data science techniquesincluding large-scale feature engineering, machine learning, and Monte Carlo simulationsto build robust Point-of-View (POV) forecasts under uncertainty in load, generation buildout, retirements, and transmission topology.
  • Integrate POVs into forward CRR / FTR auction strategies, aligning hedges with node-to-hub basis risk for Luminant's generation portfolio (nuclear, coal, gas, renewables).
  • Identify and propose speculative CRR trades across one- to two-year forward strips, informed by model outputs and market conditions.
  • Translate model insights into actionable trade recommendations (buy / sell / hold) for Trading, Origination, and Development teams.
  • Collaborate with cross-functional teamsincluding Grid Optimization, ERCOT Fundamentals, ERCOT Operations, Power Trading & Structuring, and Wholesale Marketsto ensure consistency between mid-term forecasts and short-term trading and plant offer strategies.

Education, Experience, & Skill Requirements

  • 3+ years of job related experience or equivalent experience and training which provides commensurate level of knowledge, skills and ability required
  • Self-motivated individual, who is flexible to respond to a host of different challenges, manage multiple projects, and changing priorities when needed is required
  • Highly ethical individual with focus on trading book value while complying with all norms and regulations, both external and internal
  • Excellent analytical skills and ability to make concise assessments from large amounts of data
  • Excellent written and verbal skills
  • High school diploma or equivalent
  • Experience gained through college degree programs and / or certifications is applicable to above skills

    • Key Metrics

  • Model reliability : produce automated model that deliver reliable forecast results timely for each CRR / FTR auction.
  • Forecast accuracy : back-testing forecasts against realized outcomes and refining assumptions to improve 12-24 month forecasting accuracy.
  • R & D : research new methodologies, tool-building, or investigate new market drivers.

    • Company : Luminant Energy Company LLC

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