National Grid

Senior Analyst, US Electricity Markets Analytics

National Grid$114K — $134K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Electrical Engineering, Mathematics, Operations Research, or a related quantitative field (power systems emphasis desired).
  • 1-3 years of relevant work experience in quantitative analysis and market modeling.
  • Hands-on experience with production cost modeling and/or capacity expansion modeling in a related environment.
  • Proficiency with commercial market modeling tools (e.g., PSO/Enelytix, ProMOD).
  • Strong programming skills in Python and Excel with experience in data automation and visualization.

Responsibilities

  • Design and execute forward-looking scenarios related to energy market dynamics.
  • Perform production cost and capacity expansion modeling to inform strategic investment cases.
  • Support enhancements to market models and data pipelines, ensuring proper documentation and governance.
  • Synthesize various data sources to validate model outputs and create decision-ready dashboards.
  • Explain complex market dynamics and modeling mechanics to technical and non-technical stakeholders.
  • Provide timely market analysis and 'what if' modeling to support critical business decisions.
  • Contribute to modeling best practices, including standards for documentation and performance monitoring.

Benefits

  • Hybrid working model with options for remote work.
  • Opportunities for career advancement within and across bands as skills are developed.
  • Exposure to challenging problems within the evolving energy system.
  • Collaborative and inclusive team environment.
Full Job Description
Job Purpose

The energy system is entering a new era of load growth from electrification, data centers, and other large new loads on the grid. As a company operating at the center of this transformation, National Grid faces important strategic questions about how the energy system will evolve and how we respond to those changes. Our internal market analytics team helps the business understand how demand growth, policy, and the evolution of markets and technology are reshaping the energy system.

To meet accelerating demand reliably and affordably, we are seeking a Senior Analyst in our US Market Analytics team who will use electricity market modeling and problem-solving skills to support our decision making. You will become part of a high caliber, curious, motivated, inclusive team. You will get to work on exciting and challenging problems, and to contribute to analysis on a range of load-growth, resource adequacy, and clean energy topics related to the future of electric networks and markets.

Key Accountabilities
• Design and execute forward looking scenarios (e.g., policy cases, interconnection constraints, storage adoption, thermal retirements, transmission upgrades) and quantify portfolio/financial implications under uncertainty.
• Perform production cost and capacity expansion modeling to inform investment cases, long term resource plans, and business strategy; translate model outputs into clear recommendations and trade offs for senior decision makers.
• Support enhancements to in house market models and data pipelines, including documenting methodologies, updating input datasets (fuel/CO2 prices, load shapes, renewable profiles, transmission constraints), and instituting version control and model governance.
• Synthesize market, historical, and fundamental data (ISO/RTO data, interconnection queues, capacity auctions, fuel markets) to inform model inputs, validate outputs, and produce decision ready dashboards and narratives.
• Explain market dynamics and model mechanics including LMP formation, congestion, ancillary services, capacity market constructs, and resource adequacy, to teams and non technical stakeholders; clearly articulate how these drivers affect outcomes.
• Partner with internal teams to provide timely, ad hoc market analysis and what if modeling to support critical decisions.
• Contribute to modeling best practices, including documentation standards, code review, and model performance monitoring.

Qualifications
• Bachelor's degree required, in Electrical Engineering, Mathematics, Operations Research, or a related quantitative field (power systems emphasis desired).
• Hands on expertise with production cost modeling and/or capacity expansion modeling in a consulting, ISO/RTO, or corporate environment; proven ability to design scenarios and convert results into business decisions.
• 1-3 years of relevant work experience providing quantitative analysis, production cost modeling, capacity expansion modeling and/or consulting.
• Proficiency with commercial market modeling tools such as PSO/Enelytix, ProMOD, PLEXOS, Aurora, GridView, or GE MAPS; experience building/maintaining custom workflows around these tools.
• Strong analytical and programming skills in Python and Excel; experience automating data ingestion, scenario runs, and post processing; ability to build clear dashboards/visuals (e.g., Power BI).
• Strong electricity market knowledge, including transmission and power flow fundamentals, LMP formation, congestion management, ancillary services, capacity markets, and resource adequacy; specific familiarity with the Eastern Interconnection strongly preferred.
• Familiarity with trends in conventional generation, renewables, storage, gas, transmission, and distributed resources, and their market/operational implications.
• Clear, concise communicator able to explain model assumptions, limitations, and results to both technical and executive audiences; strong stakeholder management skills.

National Grid is hiring a Senior Analyst for our US Market Analytics team. This position will be located in Boston, MA or Waltham, MA, with hybrid working.

More Information

#LI-MR1 #LI-HYBRID

Salary

$114k - $134k a year in Boston, MA, or Waltham, MA

National Grid will not be providing visa sponsorship for this position now or in the future. You must have the ability to work without a need for current or future visa sponsorship.

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

About National Grid

National Grid plc is a British multinational electricity and gas utility company headquartered in London, United Kingdom. Its principal activities are in the United Kingdom (where it owns and operates electricity and gas transmission networks) and in the Northeastern United States (where as well as operating transmission networks, the company is a producer and supplier of electricity and gas). National Grid has a primary listing on the London Stock Exchange, and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £31.4 billion as of 23 September 2021, the 26th-largest of any company with a primary listing on the London Stock Exchange.
Learn more about National Grid
Size
23,500 employees
Market Cap
$44 billion
Industry
Net Income
$1.4 billion
5 Year Trend
+4%
Revenue
$14.7 billion

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