Energy Market Analyst

Massachusetts Municipal Wholesale

$70K — $95K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in math, science, engineering, finance, economics, or a related field.
  • 2-3 years of relevant experience in energy markets or a related industry.
  • Advanced proficiency in Microsoft Excel.
  • Familiarity with SQL is advantageous.
  • Customer service experience is a plus.
  • Strong analytical and problem-solving skills are essential.
  • Effective interpersonal and organizational capabilities.

Responsibilities

  • Fulfill all Forward Capacity Market (FCM) reporting requirements.
  • Calculate and submit Self-Supply designations.
  • Monitor and participate in Forward Capacity Auctions.
  • Oversee power cost reports, forecasts, and asset performance reports.
  • Prepare and analyze periodic power portfolio cost and economic reports.
  • Communicate performance findings to member systems and internal teams.
  • Conduct daily peak demand forecasting and remote dispatch operations.
  • Perform daily asset generation and load demand bidding duties.

Benefits

  • Robust medical and dental benefits with low employee cost.
  • Savings retirement plan with a 6% company contribution and up to an additional 3% match.
  • Earned vacation and sick time.
  • 11 paid holidays per year.
  • A workplace culture that encourages passion, energy, and progressive thinking.
Full Job Description
We are currently seeking an experienced Energy Market Analyst for our Market Management and Planning Business Unit. This person will be responsible for managing all aspects of the Forward Capacity Market (FCM), with a working knowledge of the New England wholesale electricity market rules and procedures.

PRIMARY RESPONSIBILITIES:
  • Fulfill all Forward Capacity Market (FCM) related reporting requirements and obligations.
  • Calculate and submit Self-Supply designations.
  • Monitor and participate in the Forward Capacity Auctions.
  • Oversee Assigned Portfolios of Power Costs Reports, Power Cost Forecasts and Asset Performance Reports of Member Systems.
  • Prepare and analyze periodic Power Portfolio Cost Reports, Forecasts and Asset Economic Reports.
  • Assist in communicating performance to member systems and internal audiences.
  • Perform Daily Peak Demand Forecasting and Remote Dispatch Operations.
  • Perform daily rotational duties such as duties involving asset generation and load demand bidding, peak alert forecasting and electronic vehicle charging scheduling.
  • Other projects and duties as assigned.

TRAINING AND EXPERIENCE:
  • Bachelor's Degree in math, science, engineering, finance, economics, or related field.
  • 2-3 years of job-related experience.
  • Advanced knowledge of Microsoft Office products, specifically Excel.
  • SQL knowledge is a plus.
  • Experience in customer service is also a plus.
  • Demonstration of sufficient analytical problem-solving skills is a must.
  • Must have the ability to work efficiently within time constraints while meeting Member System demands.
  • Strong interpersonal and organizational skills are also key.

MMWEC offers a competitive salary and benefits package including robust medical and dental benefits with low employee cost, a savings retirement plan with a 6% company contribution and up to an additional 3% company match, earned vacation time, sick time, and 11 paid holidays. Our company prides itself in creating an environment that challenges employees to be passionate, energetic, proactive, and progressive.

Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. So, if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to apply. You may be just the right candidate for this or other roles.

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