Power Trader

200 Liberty Street
14th Floor
New York, NY 10281, USA

Job Type: Exempt Salaried, Full-Time

Location:

New York, NY

Reports To:

Director, Trading
Department:
Commercial

Terra Form Power is a leading owner, operator, and producer of renewable energy across North America. As a portfolio company of Brookfield Renewable, we own and operate approximately 2,200 MW of utility-scale wind, solar, and battery energy storage facilities across 15 U.S. states and Ontario, Canada.
Headquartered in New York City, Terra Form Power is committed to delivering reliable, innovative renewable energy solutions that help customers achieve their clean energy goals. Our experienced team manages every aspect of our operations – from power generation and asset management to commercial energy solutions – ensuring the safe, reliable, and efficient performance of our renewable energy facilities.
At Terra Form Power, our people are at the heart of our success. We foster a culture built on safety, integrity, collaboration, innovation, and continuous improvement, while investing in the development of our employees and supporting the communities where we operate through environmental stewardship, charitable giving, and meaningful local partnerships.
If you're passionate about renewable energy and want to make a lasting impact on the future of clean power, we invite you to join our team.

Reporting to the Director of Trading, this role will be responsible for managing and optimizing positions across Terra Form’s portfolio of wind, solar, and battery energy storage assets, with a primary focus on asset-backed trading in the PJM and ERCOT markets.

The Power Trader will develop and execute trading and hedging strategies involving energy, transmission, capacity, and renewable energy credits (RECs) to maximize portfolio value while managing risk. This role will work closely with Asset Management, Operations, and Finance teams to support commercial decision-making and enhance the performance of Terra Form’s renewable energy portfolio.

The ideal candidate brings direct experience in renewable asset optimization, wholesale power markets, and asset-backed trading, including day-ahead and real-time market participation, transmission hedging, and portfolio risk management within PJM and ERCOT.

• Asset Backed Trading and Basis Mitigation
  • Develop and execute asset optimization strategies across Terra Form’s renewable generation, contracts, and transmission positions to enhance portfolio value within approved risk limits.
  • Execute day ahead and real time energy bids across ISOs, managing spot commodity exposures in response to forecast changes, outages, curtailments, and price volatility.
  • Schedule assets across ISOs and fulfillment market-based contractual obligations.
  • Participate in FTR/CRR/TCC trading strategies to manage congestion and basis risk.
  • Negotiate and execute energy and REC transactions through brokers, exchanges, structured auctions, and bilateral counter parties.
  • Monitor electricity markets to maintain a deep understanding of supply/demand dynamics, market behavior, and regulatory developments.
• Commercial Data Analytics
  • Lead the development and maintenance of energy market tools, including price/generation forecasting and product valuation models, and portfolio optimization frameworks.
  • Analyze trading and hedge performance, enhancing models based on backtesting and realized results.
  • Conduct commercial due diligence on proposed hedge structures and renewable energy projects.
• Reconcile PnL across ISO settlements, trades, REC registries and offtake contracts, resolve discrepancies with settlements and finance teams.
• Deliver insights to support desk decisions, coordinating with Asset…