Description
Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.
The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.
Job Summary (includes but is not limited to the following, other duties may be assigned)
Buys and sells energy, most often financially in the intermediate-term power and gas markets to maximize profitability while ensuring alignment with Calpine’s portfolio strategy, market rules, assets capabilities and risk tolerance. Monitors variables including supply/demand, weather, infrastructure development and structural risks that influence pricing, availability, and reliability of power sources. Responsible for monitoring market prices and interacting with market participants to execute trades or contract structures that create value or mitigate risk for Calpine. Analyzes and reacts to current market and competitive conditions by executing trades and optimization of the dispatch for power and gas assets. Supports the identification of excess/shortage supply conditions, market constraints, or other relevant factors and their associated influence on the pricing for power, natural gas and capacity under current market rules. Trader is responsible for analyzing and evaluating complex energy transactions to ensure that all relevant aspects including energy price, transmission, counterparty, and contractual terms are favorable to and consistent with company guidelines for risk management.
Job Responsibilities
Solid, working knowledge of power & gas markets, market tariffs, price formation, and supply/demand fundamentals.
Experienced professional with full understanding of energy markets, trading, and analytical techniques.
Strong analytical ability including skills to integrate complex logic into models in excel as well as other technical platforms.
Performs in fully-functioning capacity, equivalent to a journey level contributor.
Makes decisions regarding own work, often in ambiguous situations; makes recommendations regarding own function/discipline.
Solves operational problems and associated technical issues; modifies existing tools, techniques or processes.
Works on complex problems with a multitude of driving factors and ambiguity.
Uses independent judgment within defined policies and practices. Interprets guidelines, select methods, techniques and analytical approach.
Little instruction on day-to-day work, general instructions on new assignments.
May be designated project or technical lead for an ongoing process or short-term project within own department.
Information sharing – gives and receives information such as options, technical direction, instruction and reporting results.
Job Requirements
Minimum 60 semester hours of college coursework, with an emphasis in Business, Mathematics, Applied Statistics, Accounting, Economics or equivalent; Bachelor’s Degree preferred.
Journey – level; typically requires 2-5 years power trading experience including general knowledge of trading tools an indices, marginal and average pricing and generation commitment techniques.
Strong mathematical and organizational skills and intermediate to advanced Excel/spreadsheet/database skills.
Additional Calpine Information
Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.
Please view Equal Employment Opportunity Posters provided by OFCCP here (
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights ( notice from the Department of Labor.
...growth. Create machine learning solutions for a diverse set of business problems. Employ structured approaches to leveraging large data sets to uncover new insights. Collaborate closely with data analysts, data engineers, and business and project stakeholders to...
TRUCK DISPATCHER The Truck Dispatcher is responsible for overseeing the scheduling and dispatching of our fleet of trucks. In this position, you will work closely with drivers, customers and other team member to ensure timely delivery of products. You will also...
Job Title: Concept Artist - Realistic Characters & Weapons (AAA Tactical Shooter)About UsAt Amber,we'realways on the hunt for the most talented individuals in the industry to join our team.We'rededicated to delivering top-notch service to our customers and know that...
...Job Description Job Description Dental Hygienist The Dental Hygienist position supports patients during their dental visit. Creates an environment that promotes dental health in a supportive, compassionate, and patient focused approach. Provides treatment procedures...
...Join Our Team: Executive Virtual Assistant Position Available As an Executive Virtual Assistant at Virtual Staff Labs, you'll play a crucial role in providing exceptional administrative support to our esteemed executives and clients. This remote position is ideal for...