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Senior Manager Energy Markets & Optimization

Senior Manager Energy Markets & Optimization

Title: Senior Manager Energy Markets & Optimization (REMOTE)

Position Details

The Green Recruitment Company is working with one of the largest utility-scale solar and energy storage project development companies in the US to support their analytics team at senior manager level.

The Senior Manager Energy Markets & Optimization will have primary focus on assisting in identifying opportunistic locations of high value to the siting and development team for early project siting decisions by analyzing and translating the transmission suitability, congestion, and basis outlook in regional power markets in addition to advising the financial analysis and market risks related to the pipeline of projects to the Finance team. This team member will also contribute to the development of new products, hedge strategies to the project portfolio and provide analytical support for the optimization of battery storage dispatch strategies in wholesale markets, while analyzing energy market trends and outlooks.

Core Responsibilities

  • Develop power market forecasts/basis models and perform market simulations in support of development siting, origination strategy and M&A activities.

  • Leverage expertise in market structures based on specific region (East/West/Central) and apply concepts/analytics to support the development of new product solutions.

  • Engage with third-party consultants to review transmission congestion analysis and basis outlook in regional power market(s) and basis outlook for our projects.

  • Review and incorporate relevant market policies, rules and other qualitative factors into asset optimization models.

  • Perform sensitivity analysis on key market drivers and forecasts including demand expectations, gas prices, retirements, additions, outages and other trends impacting the energy space at a macro level.

  • Prepare market assessments/analytics/reviews to departmental management and engage with internal/external business partners to determine trends and factors impacting the energy market and our projects in the development of a forward market view.

  • Perform ad hoc analysis of wholesale electricity markets and asset dispatch and optimization as requested.

  • Collaborate with other members of the team to optimize state of the art modeling tools and develop and automate forecasting models to improve efficiencies and effectiveness.

Job Requirements

  • Bachelor’s or master’s degree in engineering, economics, mathematics, statistics, or similar field

  • A great attitude for learning new skills and an inquisitive mindset for continuous learning and improvement

  • Excellent critical thinking skills with the ability to multitask and problem solve in a fast-paced environment

  • Support and direct the resolution of a range of technical issues on projects

  • Advise the business on the impact of technical risks/issues and the viability of solutions recommended

  • Minimum 6-10 years of experience in power markets analysis and economic modeling experience

  • Creative and motivated self-starter with strong organizational and time-management skills

  • Experience with mathematical optimization techniques and mathematical programming

  • Must have excellent communication skills and work effectively in a team-based environment

  • Strong collaborative mindset and ability to work in a team environment

Job Preferences

  • Knowledge and understanding of production cost modeling and linear programming

  • Familiarity with Dayzer, PSSE, Aurora, PROMOD, or other production cost modeling software

  • Knowledge of econometric/regression techniques

  • Programming experience in R or Python and SQL

Compensation and Benefits

  • Title and compensation commensurate with experience

  • Vacation & Holidays: Paid Time Off plus 14 paid company holidays

  • Benefits: Medical/Dental/Vision insurance; short-term and long-term disability; life insurance; 401(k)