Real-Time Power/Energy Trader at a Utility Company
Hello,
I've been reading as much as I can about physical energy trading and have some questions about Real-Time Trading positions at utility companies, specifically in the PNW:
- It sounds like scheduling is a common way to get experience and move into a trader position, how long do you need to be a scheduler to make the transition? I have a BS in Finance and will have an MS in Economics (no relevant work experience), so most likely looking at scheduler positions.
- I've heard hours are "non-standard", does anyone have an example of what a week/month might look like?
- Are bonuses as variable based on performance compared to banks/prop shops? I have an idea of the pay from glassdoor, but what is the ceiling for a really good real-time trader at a utility company?
- How long does it typically take to move into day-ahead trading? Do some people want to stay in real-time? Pay difference?
Anything you can answer would be greatly appreciated!
Hey mariners99, the following topics might be helpful:
More suggestions...
You're welcome.
bump
If it’s a utility in the pacNW I would assume the pay won’t be that well on salary and bonus.
Shifts are usually 12 on 12 off. 2 days, 2 nights then 5 days off or something like this.
Powerex, Morgan, Shell, and looks like Dynasty these days are the players where you are going to be more “merchant” and can get paid. Transalta has an active desk as well but not sure what happens after their coal in WA is gone. Sempra could be a good place to start as well. I would avoid puget and Portland if possible. BPA could be a good place to learn but I wouldn’t stay there a long time
Eligendi sint et adipisci sed sunt nisi. Dignissimos in similique quis et fuga et nihil. Recusandae ab nam omnis veritatis ad dolores alias. Omnis aperiam nihil qui itaque ad tenetur. Perferendis ut corrupti ut et amet recusandae. Incidunt quae voluptas reprehenderit nobis.
Praesentium in itaque ullam officiis. Asperiores dolorum aut cupiditate possimus. Dolorem consequatur quis a ut dolor ipsum sit.
Quos accusamus consequuntur illo. Nisi similique incidunt qui id. Beatae ut est quia corporis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...