Clearwayjobs
Associate, CRR & FTR Trading, Market Optimization & Trading
San Diego, California, United States. Posted 19 days ago
The role
The Associate supports the development, execution, and optimization of congestion management strategies in ERCOT, CAISO, and PJM markets. This role involves analyzing congestion opportunities, managing nodal risk, and supporting portfolio optimization for a renewables platform.
What you will do
- Support development and execution of CRR, FTR, and congestion trading strategies
- Analyze historical and forecasted congestion patterns for monthly and annual CRR auctions
- Manage portfolio-level exposure to nodal price risk
- Support the Real-Time and Day-Ahead MOT team with congestion insights
- Collaborate with Market Fundamentals, Asset Management, and Origination
- Monitor and report on project-level financial performance
- Maintain dashboards and reporting tools to track CRR positions and P&L
- Utilize power flow and production cost modeling software
- Coordinate with Fundamentals and Analytics teams for modeling
- Leverage programming tools to automate congestion analytics
Required qualifications
- Bachelor’s degree in Engineering, Economics, Finance, or related field
- 2-5 years of relevant experience
- At least 2+ years directly in power markets
- Exposure to ERCOT and CAISO CRR auction tools
- Exposure to Dayzer, UPLAN, or similar transmission models
- Prior experience in energy trading, asset optimization, or market analytics
- Ability to build or contribute to power fundamental models
- Working knowledge of ERCOT, CAISO, and PJM market design, CRR/FTR auction processes, transmission planning, and nodal pricing
- Strong quantitative, analytical, and problem-solving abilities
- Clear communication skills
- Proficiency with Excel, PowerPoint, and Power BI
- Familiarity with congestion and risk management strategies for renewable and storage assets
Nice to have
- Advanced degree
- Proficiency in Python, R, or SQL
- Exposure to quantitative libraries, stochastic calculus, or option models for deal valuation
- Familiarity with battery, wind, or solar congestion profiles
- Dayzer experience
Benefits
- Generous PTO
- Medical, dental & vision care
- HSAs with company contributions
- Health FSAs
- Dependent daycare FSAs
- Commuter benefits
- Relocation
- 401(k) plan with employer match
- Variety of life & accident insurances
- Fertility programs
- Adoption assistance
- Generous parental leave
Before you apply
- No visa sponsorship or any kind of sponsorship for employment authorization is available for this role, now or in the future
About the company
Clearway Energy Group is leading the transition to a world powered by clean energy. Its portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states.