Day-Ahead Energy Trader

Tacoma Power’s Power Management group is currently looking for a Day-Ahead Energy Trader to join their team. The Day-Ahead Energy Trader is responsible for the near‑term management of Tacoma Power’s bulk power supply portfolio. This position balances the system load and resources in an economic and reliable manner, negotiating physical energy trades in the near‑term market. The portfolio optimization duties require a variety of economic and market analysis and help Tacoma Power prepare for industry changes such as the Western Resource Adequacy Program and Southwest Power Pool’s Markets+.

This position directly supports our mission by optimizing our resources and wholesale revenues.
This position is required to be in office 3 days per week. Bilateral trading for Tacoma begins at 5:00 A.M.

• Develop a thorough understanding of Tacoma Power’s hydroelectric resources and their power and non‑power constraints. Apply this knowledge to develop day‑ahead proposals that optimize these resources while considering hydro, price uncertainty and other risks. Collaborate with internal stakeholders, such as the resource operations team, to vet and enhance these plans.
• Negotiate and execute physical trades of power supply products in conformance with Tacoma Power’s trading guidelines and risk management policies.
• Lead and help prepare Tacoma through rigorous analysis for industry changes such as the Western Resource Adequacy Program, BPA Provider of Choice and Markets+. Lead and coordinate daily stand‑up meeting briefings for staff regarding day‑ahead trading and strategies executed.
• Create and lead new trading strategies that can optimize Tacoma’s generation portfolio. Plan and coordinate operation of generation resources and transmission facilities. Secure transmission for energy sales and purchases. Collaborate with policy analysts to develop strategies for Tacoma’s carbon‑free resources in compliance with state programs.
• Collaborate and strategize with operations and real‑time trading staff on resource planning and market fundamentals to optimize wholesale revenues.
• Develop daily and near‑term generation and interchange plans in accordance with established guidelines. Assure compliance with reliability standards and regulatory requirements.
• Prepare and execute executive presentations on industry changes and challenges to prepare Tacoma leadership teams.

• Bachelor’s degree in business, economics, mathematics, engineering or related field

• 3 years of experience in wholesale energy marketing/planning, quantitative analysis or related utility operations

Relevant education and experience may substitute for one another on a year‑for‑year basis.

At the City of Tacoma, we’re on a mission to make our workforce as diverse and inclusive as the community we serve. We actively seek out candidates from a wide range of backgrounds and cultures. Join our team at the City of Tacoma and help us build a more vibrant, inclusive, and equitable community for all.

If you have a less traditional background, we want to hear about your transferrable skills and experience. We value a variety of perspectives and are excited to see what you bring to the table.

Tacoma Power is an almost 100% hydroelectric, municipally‑owned public power utility, located in Tacoma. We serve approximately 180,000 customers as one of the three operating divisions of Tacoma Public Utilities, alongside Tacoma Water and Tacoma Rail.

Tacoma is centrally located just 32 miles south of the city of Seattle and 31 miles north of the state capital, Olympia. The City of Tacoma is also home to the Port of Tacoma, which is among the largest container ports in the United States.

Like most cities in the northwest, Tacoma is surrounded by beautiful nature, offering residents many opportunities for outdoor adventures. It is largely suburban in nature with a small, but dense, urban core, and home to numerous institutes of higher learning that attract students from across the country.

All interested…