Chip McTague

About Chip McTague

Senior power trader with 20 years of experience and proven bottom-line results in the energy industry. Highly skilled in trading, hedging, risk management, and technical analysis with extensive expertise in the bulk power system, ISO protocols, and operations. Currently executing diverse strategies and managing cost-efficient portfolios in the western region/CAISO market. Brings experience in renewable energy (wind, solar and hydro) including extensive knowledge of the pacific northwest hydro system.Effectively builds relationships at all organizational levels, cultivates productive stakeholder partnerships, and motivates others to collaboratively drive results. Consistently recognized for thought leadership, data-driven strategies, and an inclusive, team-oriented approach to winning in the marketplace.Skills & Expertise: Energy & Utilities Strategy, CAISO, RTO/ISO DA-RT Power Trading, Renewable Energy, Strategic Negotiations, Power Forecasting & Scheduling, Business Development, Complex Problem Solving, Industry Relationships, Analytical Skills, Technical Expertise, Team & Stakeholder Communication.

Experience

1. Senior Energy Trader

   Puget Sound Energy

   Jan 2018 — Present · Bellevue, WA, US

   Responsible for real-time dispatch of PSE’s portfolio, ensuring generation meets load and that maximum benefits are realized from participating in the CAISO EIM market. Evaluate system and market conditions to optimize assets. • Addressing the growing demand for renewable assets and carbon-free goals by operationalizing the integration of renewable wind and solar PPA’s into the company’s portfolio. • Consistently meeting or outperforming year-over-year power cost goals. • Coordinating strategies with short-term trading, moving across the different tenors from balance of month into day-ahead to real-time.• Leveraged ISO experience to expand revenue in CAISO’s EIM market while serving as a thought leader in joining CAISO, SPP or newly emerging west coast organized markets. • Initiated bidding strategies to position assets and take advantage of the EIM market resulting in $47 million in benefits in 2023.

Education

• Colorado State University

  Liberal Arts

Skills

• Microsoft Excel
• Asset Management
• Portfolio Management
• Project Management
• Data Analysis
• Financial Markets
• Trading
• Arbitrage
• Equities
• Electronic Trading
• Energy
• Software Development
• Trading Systems
• Derivatives Trading
• Trading Strategies
• Investment Strategies
• Proprietary Trading
• Commodity Markets
• Hedging
• Capital Markets
• Software Project Management
• Derivatives
• Investments
• Asset Allocation
• Risk Management
• Regulatory Compliance
• Financial Modeling
• Quantitative Analytics
• Technical Analysis
• Options
• Commodity
• Hedge Funds