DTE Energy Trading is an active physical and financial gas, power, and environmental marketing company. A subsidiary of DTE Energy—a utility with $24.2 billion in assets—our company is headquartered in Ann Arbor, MI, with offices in San Francisco, Houston, and Richmond. We provide energy sourcing and management solutions for a broad range of customers; we also manage a significant portfolio of gas transport and storage as well as power generation and transmission assets throughout the North American markets.
DTE Energy Trading is expanding its West power capabilities and seeks an experienced individual who knows how to track regulations and policy affecting west power trading. The individual will work within a small team of traders, originators, and support staff. The focus will be on the CAISO tariff and its business practice manuals (BPM), cap-and-trade and RPS regulations, and other relevant policies. An understanding of how these policies and potential changes may impact power trades and market fundamentals is highly valued. Although communication with policy makers is expected, this is a research and analysis role – advocacy is only necessary in rare circumstances.
Duties shall include:
> Monitor CAISO tariff and BPMs, legislative, regulatory, and other policy developments impacting WECC power trading, including California's cap and trade program and renewable portfolio standard.
> Develop a comprehensive understanding of western power markets and the relevant regulatory structures impacting those markets.
> Concisely summarize pertinent regulatory activity to inform portfolio management and trading decisions by DTE's trading, origination, operations, and risk teams. This will require updates on real-time developments and long-term trends.
> Work with DTE's analytical team to accurately reflect WECC regulatory structures and potential changes in fundamental supply-demand models.
> Identify and develop relationships with relevant regulatory and policy stakeholders.
> Bachelor’s degree in English, economics, finance, environmental studies, or other relevant discipline.
> 4+ years of experience in electricity markets or relevant industries.
> Comprehensive understanding of electricity and environmental regulatory structures, especially in the Western U.S.
> Proven researcher of legal and regulatory documents.
> Experience monitoring legislative, regulatory, and other policy developments impacting the Renewable Fuels Standard and California's Low Carbon Fuel Standard.
> Proactive researcher that actively seeks to identify risks and opportunities for DTE's trading portfolio
> Skilled researcher with persistent attention to detail.
> Highly effective oral and written communicator.
> Charismatic team player who has experience working under tight deadlines.
> Ideally, the position will be in DTE's San Francisco office, but DTE will also consider candidates located in Houston.