Associate, CRR & FTR Trading, Market Optimization & Trading

The posting, as Clearway Energy wrote it

What The Role Is

Reporting to the Senior Manager, Market Optimization & Trading, the Associate, CRR & FTR Trading supports the development, execution, and optimization of Clearway’s congestion management strategies through participation in ERCOT and CAISO’s Congestion Revenue Rights (CRR) and Day-Ahead markets and the PJM Financial Transmission Right (FTR). This role focuses on analyzing and monetizing congestion opportunities while supporting management of the company’s nodal risk and basis exposure across its generation portfolio. This role will also contribute to hedging and risk management analysis across other parts of the portfolio. The position requires strong analytical, modeling, and risk management skills, along with a developing trading skill set, to inform commercial decisions and support portfolio optimization within a rapidly expanding renewables platform.

If you don’t meet 100% of the qualifications but see yourself contributing, please submit your resume.

What You'll Be Doing

CRR / FTR Trading & Position Management

• Support the development and execution of CRR, FTR, and congestion trading strategies to hedge and optimize portfolio congestion risk across ERCOT, CAISO, and PJM.
• Analyze historical and forecasted congestion patterns to identify trading opportunities in monthly and annual CRR auctions.
• Help manage portfolio-level exposure to nodal price risk through CRR / FTR acquisitions, sales, and virtual positions, under the guidance of senior team members.
• Support the Real-Time and Day-Ahead MOT team with congestion insights and locational pricing forecasts.
• Collaborate with Market Fundamentals, Asset Management, and Origination to support alignment of CRR strategies with commercial hedging and offtake structures.
• Monitor and report on project-level financial performance tied to congestion costs, basis exposure, and hedge efficiency.
• Maintain dashboards and reporting tools to track CRR positions, portfolio exposure, and P&L attribution.

Analytics & Modeling

• Utilize power flow and production cost modeling software (e.g., Dayzer and PROMOD) to help forecast congestion and simulate transmission constraints.
• Coordinate with Fundamentals and Analytics teams to support modeling of nodal prices, transmission outages, and topology changes.
• Leverage programming tools such as Python, R, SQL, and Power BI to automate congestion analytics and support scenario back-testing.
• Research regulatory filings, transmission plans, and outage schedules to anticipate market shifts.

Market Fundamentals

• Analyze ERCOT, PJM, and CAISO’s transmission topology, load growth, and renewable generation trends.
• Monitor weather, outage, and project interconnection developments that impact congestion patterns.
• Communicate congestion forecasts and market insights to internal stakeholders, including trading desks and, with guidance, senior management.

Risk & Energy Market Strategy

• Support the development of portfo

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edge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities for our Military & Veterans.

What We Provide
Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website .

Notice to Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws , ordinances, and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@clearwayenergy.com and let us know the nature of your request and your contact information.

All official communication regarding this position will come only from an email address ending with @clearwayenergy.com. If you receive outreach from any other email address claiming to represent Clearway Energy, please do not respond, as it is fraudulent.

Notice to California Applicants
Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws , ordinances and regulations for all applicants and employees.