Transmission Congestion Analyst
This position is responsible for developing and maintaining a mid-term (12-24 months ahead) point-of-view on transmission congestion to manage Luminant's risk and uncover speculative opportunities in forward Congestion Revenue Rights (CRR) and related markets. While the Transmission desk also engages in day-ahead and real-time activity, this role's core deliverable is a forward-looking forecast that informs hedging and trading decisions one to two years before delivery.
Key Accountabilities
- Develop mid-term congestion forecasts using fundamental models, with monthly granularity extending out to 24 months.
- Apply advanced data science techniquesincluding large-scale feature engineering, machine learning, and Monte Carlo simulationsto build robust Point-of-View (POV) forecasts under uncertainty in load, generation buildout, retirements, and transmission topology.
- Integrate POVs into forward CRR / FTR auction strategies, aligning hedges with node-to-hub basis risk for Luminant's generation portfolio (nuclear, coal, gas, renewables).
- Identify and propose speculative CRR trades across one- to two-year forward strips, informed by model outputs and market conditions.
- Translate model insights into actionable trade recommendations (buy / sell / hold) for Trading, Origination, and Development teams.
- Collaborate with cross-functional teamsincluding Grid Optimization, ERCOT Fundamentals, ERCOT Operations, Power Trading & Structuring, and Wholesale Marketsto ensure consistency between mid-term forecasts and short-term trading and plant offer strategies.
Education, Experience, & Skill Requirements
3+ years of job related experience or equivalent experience and training which provides commensurate level of knowledge, skills and ability requiredSelf-motivated individual, who is flexible to respond to a host of different challenges, manage multiple projects, and changing priorities when needed is requiredHighly ethical individual with focus on trading book value while complying with all norms and regulations, both external and internalExcellent analytical skills and ability to make concise assessments from large amounts of dataExcellent written and verbal skillsHigh school diploma or equivalentExperience gained through college degree programs and / or certifications is applicable to above skillsKey Metrics
Model reliability : produce automated model that deliver reliable forecast results timely for each CRR / FTR auction.Forecast accuracy : back-testing forecasts against realized outcomes and refining assumptions to improve 12-24 month forecasting accuracy.R & D : research new methodologies, tool-building, or investigate new market drivers.Company : Luminant Energy Company LLC