PJM

Quantitative Analyst: Electricity Markets

PJM$90K — $120K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in data science or closely related field
  • 2 years of experience in electricity market analysis
  • Experience with quantitative modeling and statistical analysis
  • Proficiency in Monte Carlo simulations and power dispatch modeling
  • Familiarity with tools like PSS/E, Plexos, and Dayzer
  • Knowledge of programming languages such as Python and SQL

Responsibilities

  • Evaluate and analyze wholesale electricity market conditions across PJM and other U.S. ISO/RTO regions
  • Develop and apply quantitative models for electricity and fuel price analysis
  • Perform statistical analysis to assess transmission constraints and congestion patterns
  • Build, maintain, and enhance analytical tools and databases
  • Prepare and present analytical reports and market assessments to stakeholders

Benefits

  • Opportunities for professional development and training
  • Access to cutting-edge analytical tools and technologies
  • Collaborative work environment within the energy sector
  • Engagement in impactful projects affecting market operations
  • Potential for career advancement within the organization
Full Job Description
Quantitative Analyst: Electricity Markets (Audubon, PA): Evaluate, analyze, and monitor wholesale electricity market conditions across PJM of 13 US states and other U.S. ISO/RTO regions to support market operations and system coordination. Develop and apply quantitative models to analyze current electricity and fuel prices, forward price expectations, and market dynamics. Perform statistical and data-driven analysis to assess transmission constraints, congestion patterns, and interregional power flows. Build, maintain, and enhance analytical tools, databases, and dashboards to support market monitoring, risk assessment, and forward-looking insights. Prepare and present analytical reports and market assessments to internal and external stakeholders. Master's degree in data science or closely related field and 2 years of experience in electricity market analysis. Experience must include quantitative modeling and statistical analysis, Monte Carlo Simulations, power dispatch modeling using, PSS/E, Plexos and Dayzer, Python and SQL.

About PJM

PJM Interconnection is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of 13 states and the District of Columbia. The company's mission is to ensure the reliability of the power grid and to facilitate the wholesale electricity market. PJM Interconnection operates the largest power grid in North America, serving over 65 million people. The company was founded in 1927 and is headquartered in Audubon, Pennsylvania.
Learn more about PJM
Size
1,600 employees
Industry
Revenue
$12.9 billion
NASDAQ

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