Senior Fundamental Modeler (Renewable Power)
Arlington, VA 20301 US | Work from home flexibility TELECOMMUTE US
Job Description
A global, established power company that is growing its renewable footprint is searching for a Senior Fundamental Modeler to analyze and understand locational pricing / power markets using production cost modeling software in key U.S. markets. This position is part of the long-term strategy team that supports pre-development efforts related to future projects in wind, solar and battery storage (utility-scale). The power analyses support proposed development investments and determine the sensitivity of energy prices under different scenarios and inputs.
Key responsibilities include:
- Running production cost models for key US markets (CaISO, PJM, NYISO, ISONE, ERCOT),
- Forecasting a long-term view of the markets under multiple scenarios to drive market and renewable technology development,
- Collaborating with Commercial and Development teams to understand market intelligence and market views,
- Conducting/maintaining routine and ad hoc competitive benchmarking and analysis,
- Researching and conducting financial analyses centered on wind, solar, and energy storage generation economics including demand forecasting, policy changes, competitive landscape, and technology, and
- Preparing high-level summaries, presentations, and reports.
The position can be Remote or located in a primary office including Houston, TX, Arlington, VA, Salt Lake City, UT, or Boulder, CO. Consideration will be given to being in smaller satellite offices in Dayton, OH, Richmond, VA, New York, NY, and San Francisco, CA.
Educational and professional requirements include a bachelor's degree in economics, finance, sustainability, engineering, or a related field; a minimum of 2+ years of power fundamental modeling in one or more of the following ISOs/power markets (CaISO, PJM, NYISO, ISO-NE, or ERCOT) at a consulting firm, a market research firm, renewable developer, IPP, utility, ISO, or on a commercial trade floor; an understanding of the North American power supply/demand and infrastructure fundamentals; strong statistical modeling skills; strong communication skills (verbal and written); and fluency with one or more production cost modeling software (AURORA, PLEXOS, Promod or similar).