Risk Analytics Intern; Requisition ID: 91499
Company Overview
NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers, and a key player in the energy markets in the United States and Canada. As a part of NextEra Energy Resources, we specialize in innovative energy strategies that maximize market value for our customers and stakeholders. Our team is skilled in market analysis, trading, risk management and delivering tailored customer solutions across North America. If you are a strategic thinker eager to make a significant impact in the fast-paced energy industry, join our team today.
Internship positions are posted September through November for the following summer. We aim to fill all positions by the end of December and no later than the end of February.
To be considered for an internship, you must be actively enrolled at a college or university as a full-time student seeking a bachelor’s degree or higher. You must also have a current cumulative GPA of 3.00 or higher (on a 0.00 to 4.00 scale). Proof of eligibility to work in the U.S.
Competitive compensation
- Assists department with assigned projects
- Completes challenging projects and assignments
- Presents final project to senior leadership at the end of the internship
- Assumes responsibility for own travel, lodging, and transportation necessary to be available for the program
- Performs other job-related duties as assigned
NextEra Energy Marketing (NEM) is committed to delivering strong earnings through strategic market insight, disciplined risk management and operational excellence. NEM builds and maintains trusted customer relationships by understanding customers’ unique needs and providing solutions from a range of products and services. Our trade floor strives for continuous long-term growth by fostering a high-performance culture that develops talent and empowers its people. Our contributions to NextEra Energy deliver results within a dynamic energy landscape - today and into the future.
NEM is seeking for motivated students with a bias for action with an educational background in math, finance, economics, science, or engineering. Placement will be in the following teams dependent on need and match with background.
Power, Options and Transmission Trading: investigate inefficiencies in power and gas prices and their underlying fundamentals. The desk is responsible for making markets to our client base. The desk offers products ranging from simple physical sales to highly complex, unit contingent derivative structures.
Oil & Gas Trading: investigate the wholesale Oil and Gas trading efforts. The desk engages in physical and financial transactions including responsibilities over making markets for customers, managing numerous structured transactions, optimizing a large pipeline transportation portfolio and creating its own proprietary trading decisions based on short- and long-term fundamentals.
Structuring: investigate the development, coordination and execution of complex structured power and fuels transactions within the Origination group. This group works closely with customers and front line originators to understand needs and build customized product structures, including preparing economic models, drafting transaction documents, managing risk and coordinating with Trading, Analytics, Legal, Credit, Accounting and Risk Management to price and secure approvals for deals.
Fundamentals: explore the power-focused team that develops long-term pricing forecasts by informing production cost models with in-house assumptions on supply, demand, market constructs and macroeconomic factors. Their insights support decision making for NEER Development, Business Management, PMI Hedging Strategy and other ad hoc business cases across the organization. The fuels-focused group analyzes domestic and global markets for natural gas, Natural Gas Liquids (NGLs) and crude oil, focusing on key drivers such as inventory levels, production trends and demand outlooks. Their work informs a comprehensive, forward-looking view of fuel pricing to support strategic decision-making across the Trade Floor.
Wholesale Power & Valuation: explore transactions with load-following, deterministic and block energy products, bundling them with other energy related products such as capacity, ancillaries and renewable energy credits to ultimately meet the needs of residential, commercial, industrial and municipal customers. Each year, the team manages approximately 5,000 MW of load and executes around 100 transactions, totaling 40 million megawatt-hours (MWh) of volume.
Asset Optimization: explore asset hedging and asset optimization strategies for NextEra Energy's merchant portfolio focusing on hedging power and gas swaps, extrinsic capture, heat rate call options and ancillary services.
Required Qualifications
- High school grad / GED
- Maintain active enrollment in a Bachelor or higher degree program
- Maintain cumulative GPA of 3.0 or higher
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.
Education Requirements
- College Student
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Remote
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