Senior Analyst, Fundamentals - Power

JERA Americas

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

Qualifications

  • Bachelor's degree in economics, engineering, finance, or related discipline
  • 3-5 years of relevant industry experience
  • Strong expertise in power markets nodal modeling
  • Knowledge of ISO datasets and nodal LMPs
  • Proficiency in Excel; familiarity with SQL, Python, or R is a plus

Responsibilities

  • Analyze emerging trends in congestion across major ISOs
  • Build and manage zonal and nodal power dispatch models
  • Develop market models to forecast prices and congestion
  • Support hedging decisions with FTR/CRR analysis
  • Track and communicate relevant industry news and regulatory changes
  • Explain the drivers behind forward curves and market dynamics
  • Collaborate within a high-performing analytical team

Benefits

  • Opportunity to support trading and investment strategies
  • Engagement with diverse teams across the company
  • Access to advanced power models and market data
  • Involvement in shaping best practices for analytics
  • Chance to contribute to the development of innovative processes
Full Job Description
Summary

The Senior Analyst, Power Fundamentals is responsible for assisting the development and management of North American supply, demand, infrastructure, and price forecasting in support of trading, strategic investments, and risk management. The role will also assist in developing best practices for nodal modeling, reporting and analytics for the business unit.

Position Description

  • Analyze and identify emerging trends affecting short-, mid- and long-term congestion patterns across ISOs - particularly ISONE, NYISO, PJM, and ERCOT.
  • Build, maintain, and run zonal and nodal power dispatch models to support various groups across the company including commercial gas & power trading and asset development.
  • Develop and maintain nodal market models to forecast power prices, congestion, and transmission flows across various ISO/RTO markets, with a focus on simulating forward market conditions over 3- to 5-year horizons.
  • Support hedging decisions, including FTR/CRR analysis.
  • Track and disseminate major industry news, announcements, and regulatory actions that could impact market fundamentals.
  • Understand and explain drivers of forward curves and how/why they differ from internal POV.
  • Desire to be a part of a high performing and analytical team.


Position Description Continued

  • Working knowledge of ISO topology, prevailing congestion patterns, and power plant dispatch, with focus on ISONE, NYISO, PJM, and ERCOT.
  • Familiarity with ISO datasets, particularly related to nodal LMPs and transmission topology.
  • Strong analytical thinking and modeling skills.
  • Ability to explain drivers of nodal basis and how they could evolve with changing infrastructure - transmission expansion, plant new build & retirements, etc.
  • Ability to communicate market views clearly, backed by quantitative analytics - explain the "why".
  • Demonstrated ability to build models and analysis from the ground up without existing infrastructure, designing efficient and reliable processes.
  • Very strong Excel skills. Programming, database skills, or BI software experience a strong plus (SQL Server, Python, VBA, or R).
  • Experience with PLEXOS, PROMOD, AURORA or similar power dispatch model.


Qualifications

Required Education and Experience
  • A bachelor's degree in economics, engineering, finance, or related discipline.
  • 3 to 5 years of industry experience in a similar role - trading support, asset investment support, consulting.
  • Strong power markets nodal modeling experience.


Preferred Education and Additional Eligibility Qualifications
  • Advanced degree.
  • Experience with PLEXOS or a similar power dispatch model.
  • Preferably experience with Python.


JERA Americas does not accept unsolicited resumes from third party recruiters or employment agencies. In the absence of an executed Recruitment Services Agreement, JERA Americas shall have no obligation to pay any referral compensation or recruiter fee.

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