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Edison Mission Marketing & Trading, Inc. (EMMT) is based in Boston, Massachusetts. Since 2000, EMMT has been a wholly owned subsidiary of Edison Mission Energy (EME). EME is an independent power producer engaged in developing, acquiring, owning and leasing, and operating electric generating facilities. EME is a wholly owned subsidiary of Edison International, a publicly traded corporation listed on the New York Stock Exchange. EMMT has approximately 120 employees located in its Boston office. EMMT strengthens EME’s ability to better participate in the complex and competitive U.S. power marketing industry by providing a wide range of services.
Trading & Scheduling On behalf of EME affiliated generating facilities, EMMT trades in U.S. domestic electricity, natural gas, crude oil, heating oil, unleaded gasoline and emission allowances, as well as associated financial instruments including futures, swaps and options. EMMT maintains a 24-hour scheduling desk for electricity that is responsible for monitoring all transactions that are flowing at any point in time.
Regulatory & Industry Requirements Meeting the standards established by regulatory agencies, power pools and independent system operators, EMMT has the capability to schedule electricity in several regions throughout the United States. The transmission, regulatory and trading policy group provides in-depth technical and regulatory support to all EME business lines by researching, assessing, advising and teaching as the needs dictate.
Risk Management & Merchant Marketing
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EMMT’s risk management group is responsible for the daily measurement, management and controlling of the various risks associated with the company’s trading and marketing. Together, with its seasoned marketing team, EMMT’s experienced merchant marketing and risk management team has effectively managed EME’s merchant generation sales. EMMT arranges the sale of EME’s merchant generation through transactions such as bilateral contracts with creditworthy counterparties, sales into the spot market, or participation in competitive procurement processes authorized by state or federal regulators. |
Structured Products EMMT’s structured products origination group, which includes the structured trade desk, is focused on marketing the output from EME assets, while offering its products to a range of customers, including cooperatives, municipalities, and investor-owned utilities. Those products include tailored long-term power sales, long-term fuel purchases, options and other structured products. EMMT also provides asset-backed transactions that assume and manage commodity price risk.
EMMT is a member of the following industry related organizations:
- CAL ISO (California Independent System Operator)
- ISO New England (Independent System Operator New England)
- MISO (Midwest Independent System Operator)
- NYISO (New York Independent System Operator)
- PJM Interconnection (Pennsylvania, New Jersey & Maryland regional transmission organization)
See career opportunities at Edison Mission Marketing & Trading.
Edison Mission Marketing & Trading, Inc. One International Place Boston, MA 02110-1776 (617) 912-6000
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