The primary responsibility of the Power Marketing Coordinator is to assist with the creation and implementation of a Day-Ahead strategy for both the MISO market and the bilateral markets (SOCO & TVA). This includes coordinating with the Cooperative Energy's Fuel team to provide Next Day natural gas burns, with the Cooperative Energy's Real Time team to provide Day-Ahead positions and expected interchange, and with the Cooperative Energy's Settlements team to keep track of transactions and associated P&L. This position will be responsible for staying abreast and implementing best industry practices for energy risk management, energy reporting, and interchange accounting activities. Compiles or contributes to reports for internal use and reporting to outside entities (NERC, SERC, Department of Energy, etc.) as required.
Essential Job Functions
Optimization of next day unit offers into the MISO Market and the bilateral markets. This includes communicating with Generation Plant and System Operations personnel to ensure resources are appropriately reflected in unit offers.
Optimization of self-served load and demand bid submission into the MISO Market.
Optimizing our power portfolio on a longer term basis through the use of PPAs, evaluating generation builds, and bilateral contracts. This includes performing advanced analysis to support all decisions.
Build/maintain relationships with traders at other companies in search of improved marketing opportunities that may provide value to Cooperative Energy.
Perform analysis on our offer curves relative to historical data to ensure that we are offering our units in the most optimal manner. Evaluate forward markets to ensure that we are capturing the most margin out of our units.
Responsible for performing data analysis to gather/maintain market intelligence in the various markets in which Cooperative Energy operates.
Responsible for the checkout, verification, and tracking of interchange transactions of energy purchases and/or sales with other entities.
Optimizes performance of Cooperative Energy's various Power Purchase Agreements.
Coordinates with third-party market support staff as applicable.
Be/become knowledgeable of the natural gas market in order to effectively interact with Cooperative Energy's Fuels team.
Develop daily, monthly, and annual reports on marketing activities or other reports as may be required.
Bachelor's Degree Required
Bachelor's Degree Business Administration Preferred
Bachelor's Degree Computer Science Preferred
Bachelor's Degree Engineering General (ABET Accredited Institution) Preferred
Bachelor's Degree Finance Preferred
Bachelor's Degree Mathematics Preferred
*Control Center operations or commercial energy transaction experience of 5 or more years may be substituted in lieu of
5 years Trading, scheduling or analytical related position in an Electric (ISO) or Natural Gas Market.
5 years Control Center Operator Experience
Cooperative Energy is an equal opportunity employer. It is Cooperative Energy's policy to provide equal opportunity to all qualified persons, regardless of race, color, age, sex, sexual orientation, gender identity, religion, national origin, veteran status or disability.
About Cooperative Energy
Cooperative Energy serves as the only not-for-profit wholesale electric power
provider headquartered in Mississippi. In this role, Cooperative Energy generates and transmits electricity for 11 Member distribution systems located in the southern and western portions of the state. Cooperative Energy and its 11 Member cooperatives provide power to more than 427,000 homes and business across the state.
• Cooperative Energy employs nearly 450 people across the state of Mississippi.
• Cooperative Energy has a combined generating capacity of 2,325 MW,
representing a diverse generating mix of natural gas, coal, nuclear, hydro and solar.
• Cooperative Energy maintains an expansive network of transmission assets
including 1,800 miles of high-voltage transmission lines and 260 total delivery points.
Cooperative Energy’s Mission is to deliver to our Members reliable and affordable energy in a safe and environmentally-responsible manner. Inherent in this commitment is a set of core Values, which guide our everyday activities:
• Member Focus
• Transparency and Responsiveness
• Fiscal, Regulatory and Environmental Compliance
• Safety and Reliability
• Serve as a Trusted and Value-Adding Resource for Member-owners
Competitive Strengths include:
• An Experienced, Skilled Workforce
• A Long-Term Contractual Relationship with Member Systems
• Financial Health, including that of Members
• Long-range Planning for Cost-Effective Generation Resources
• Fuel Diversity in Generation Resources
Cooperative Energy Electric Governance
Cooperative Energy is owned by its 11 Member cooperatives, who govern and set
policy through a 22-member board of directors. The board is composed of two
voting delegates for each Member cooperative.