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Power Market Analytics Manager

Job description

​A utility-scale solar, wind, and storage developer headquartered in North Carolina, with expertise in developing, originating, financing, constructing, and operating solar photovoltaic, wind, and storage projects. Their strategy includes greenfield development, co-development, and acquisitions of later-stage projects. Our client has developed and achieved commercial operation on over 80 solar projects with an aggregate generating capacity of approximately 1.2 GW.

POSITION SUMMARY:

The Power Market Analytics Manager will play a pivotal role in power market modeling, price forecasting, and providing insights to support strategic decision-making. Reporting to the VP of Power Marketing and Origination, responsibilities include data analysis, simulation and modeling, market research, and collaborating with cross-functional teams. Strong analytical, mathematical, and coding skills, along with market knowledge and the ability to communicate effectively, are essential for success in this role. This is a full-time position located in Durham, NC.

RESPONSIBILITIES

  • Deliver fast, high-quality data analysis in Excel and Python to meet time-sensitive power market modeling and reporting needs.

  • Perform power market modeling and long-term price, nodal basis, and curtailment forecasting.

  • Use production cost modeling tools such as Hitachi PROMOD to simulate future power markets and provide price forecasting

  • Build and maintain a suite of in-house software tools and data pipelines for energy market analysis using Excel, Python, and/or other programming languages.

  • Model and evaluate the impact of market design changes and topological changes, such as new generation, new storage, and transmission line buildouts on future energy prices.

  • Conduct new market entry analyses to support the company’s development and M&A efforts

  • Communicate clearly and succinctly with audiences of different backgrounds during meetings and presentations.

SKILLS AND PERSONAL QUALITIES

  • Strong experience with production cost modeling software such as PROMOD, Aurora, and PLEXOS is a plus.

  • Proficiency with modeling the transmission network in a commercial production cost modeling / SCED / power flow software tool is a plus.

  • Coursework in at least one of the following areas: power system analysis, power system economics, power markets, or power system operations and planning. Relevant work experience may be considered as a substitute for coursework.

  • Strong analytical skills, ability to solve problems with limited information, attention to detail and organization

  • Self-starter that operates well in an entrepreneurial and collaborative environment

  • Strong sense of accountability, taking ownership over projects and responsibilities and resolving issues proactively

  • Proficient in MS Office including, Word, Excel, and PowerPoint

  • Excellent oral and written communication and presentation skills

  • Strong organization and management skills

EDUCATION/PROFESSIONAL EXPERIENCE

  • 4-7 years of experience in power markets with a solid understanding of pricing mechanisms, market structures, and key components.

  • Bachelor of Science in Electrical Engineering (Power Systems), Computer Science, Data Science, Operations Research, Economics, Math, or other quantitative fields of study.

  • Must be highly proficient and fast in Excel and Python-based data analysis, including the ability to perform real-time calculations (e.g., lookups, formulas, scripts).

  • Relevant work experience in the power industry (e.g., ISO/RTO, utilities, energy trading firms, software vendors, or consulting) is preferred.

Total Rewards Package

Our client offers a family-friendly culture with a hybrid schedule of 3 days in the Durham office and 2 days working from home. Our attractive compensation package offers:

  • Competitive Base Salary

  • Generous Bonus Program

  • 401(K) company match with immediate vesting

  • Comprehensive Medical, Dental, and Vision Benefits

  • Company-sponsored HRA and employee-funded FSA and DCA available

  • EAP Benefits

  • Company paid Long and Short Term Disability, Life and AD&D Insurance

  • Cell Phone Reimbursement Plan

  • Flexible Paid Time Off and allotted Sick Time

  • 12 Paid Holidays

In addition to the compensation package we also boast robust perks which include:

  • Provided Setup of at-home Tech

  • Company-paid downtown Durham Parking next to the Durham Bulls Stadium

  • Free access to our building’s state-of-the-art gym

  • Discount program for popular locations and services

  • Amazing rooftop views of Downtown Durham