• Design the short-term optimization trading strategies and assets optimization methods envisaged to maximize revenues of the portfolio in Day Ahead, Intraday, PTP and Real Time markets on ERCOT and in a later stage in other ISOs in the US (CAISO, PJM…). Coordinate with the ST Power Dispatching Team in the implementation of those optimization strategies
• Perform optimization modeling to forecast congestion, assess congestion drivers, and assist in locational marginal pricing (LMP) assessments
• Help pioneer the build-out and utilization of a proprietary battery storage / energy storage management platform for Totalenergies’ renewable projects
• Develop fundamental congestion and bidding/trading strategies by performing power flow analysis
• Incorporate data science into creating statistical models and algorithms that provide trade signals which will drive trading strategy and commercial decisions
• Analysis activities, develop market research and data analytics
• Support the Origination team in the design and structuring of innovative proposals for aggregation of renewables and demand response solutions for industrial customers
• Follow up and work closely with regulatory affairs to understand and develop positions based on all relevant market rules
• Build relationships with stakeholders and be a key interface between operations, LT power trading desk, market Compliance, Trading Systems, IT, Middle Office and Back Office departments
• Management of business process documentation
• Design, build, deploy and back-test Intraday Algo&Auto Trading for both production assets (by supporting asset-based trading team) and speculative positions
• Lead quantitative analysis supporting trading strategies and create and run optimization models for short term trading
• Develop and execute proprietary trading strategies, congestion and basis trading on a non asset-based perspective, under risk policy and Compliance rules
• Develop analytical tools enabling market opportunities identification, decision-making and arbitrages
• Monitor evolutions in the various US markets in partnership with other Short-term Power teams
• Work only during office hours but requiring a strong cooperation with operational 24/7 team for potential overnight and non-business days trading opportunities

Following its objective of Carbon Neutrality by 2050, TotalEnergies is strongly increasing its worldwide position in the whole Power value chain, and especially in fast growing sector of Renewables and Flexible generation assets. In order to maximize the full value of such Power assets on spot markets, TotalEnergies aims to be present at each step of the Trading value chain: trading on the curve up to Day Ahead optimization, IntraDay and ancillary services. This optimization of Short Term Power positions is based on a global framework with regional/national aggregation of all flexibilities (DSR,CCGT, Hydro, Batteries), all renewable production (Wind, Solar) and power supply in order to maximize value creation for TotalEnergies.

Short Term Power trading is required to support the growing power business developed by TotalEnergies in North America, which includes power supply of TotalEnergies industrial sites, but also leading projects such as:

• Total /174 Power Global JV = 12 utility-scale solar and energy storage projects of 1.6 gigawatts (GW) cumulative capacity in the United States, located in Texas, Nevada, Oregon, Wyoming and Virginia with first project started production in 2020, and the remainder will be put on stream between 2022 and 2024

• Development pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets, all located in Texas. The projects are bought from SunChase Power and MAP RE/ES, a private energy investment firm.

• The Short Term Power Trader is responsible for developing the proprietary trading strategy of TotalEnergies Gas and Power North America. They are expected to perform the activity in such a way as to comply with any external regulation frames and internal risk policies, reduce operational risk at all times, minimize financial exposure and capitalize on commercial opportunities.
• Short Term Power Market Trader must possess solid analytical, problem solving and troubleshooting skills in order to quickly recognize and solve problems in a constantly evolving, dynamic trading environment with time-sensitive, business critical activities requiring strong planning and organizational skills
• Undergraduate degree in economics, finance, engineering, business administration or equivalent experience
• 5+ years of energy markets trading experience required and/or power analyst or modeling experience
• In-depth understanding of the North American power industry, commodity and financial trading, and risk management, as demonstrated by a successful trading/analytical track record
• Experience with Python, R or Matlab and strong quantitative skills preferred
• Congestion modeling experience and ability to analyze congestion/constraints to develop daily trading strategies
• Strong desire to be part of a fast-paced, entrepreneurial environment
• Forward-thinking and performance driven with excellent interpersonal skills
• Proficient in various software packages
• Develop an optimization plan – going to outside experts (like a software developer)
• Trade Spec around assets – actual trading
• Work with the dispatcher to ensure the trading optimization plan follow – communication with the team
• TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position

At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger.

TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

Our Culture:

We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.

We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.