Country United States / US
City HOUSTON
Workplace location HOUSTON-LOUISIANA STREET(USA)
Employer company TotalEnergies American Services, Inc.
Domain Strategy Economics Business
Type of contract Regular position
Experience Minimum 10 years
Context & EnvironmentThe
Nodal Markets & Quantitative Analysis Senior Manager provides critical insights on nodal market dynamics to optimize investment decisions, support long-term portfolio management, and enable Corporate PPA teams. As a manager, this role organizes and coordinates the activity of the team. As a leader, the role presents the team's results to senior management. This position is able to sit at our Houston, TX headquarters or our Berkeley, CA office.
AccountabilitiesThe Nodal Markets & Quantitative Analysis Senior Manager gathers knowledge from across the organization as well as external sources to deliver nodal price forecasts to senior management. Once validated, these forecasts serve as a key input into the Company's investment decision-making processes.
ActivitiesKey ResponsibilitiesCollaboration & Stakeholder Management- Collaborate closely with cross-functional teams in the U.S. and at Headquarters, including fundamental market analysis, R&D teams, IT & Digital country experts, trading, portfolio management, and regulatory teams, to align market analysis and modeling activities with overall business objectives.
- Effectively communicate insights and recommendations to senior management and other stakeholders.
- Become an internal reference on local nodal market dynamics.
Market, Asset & Benchmark Analysis- Conduct in-depth analysis of U.S. power markets, including supply, demand, transmission dynamics, price trends, regulatory changes, and technology costs.
- Perform asset analysis and benchmark internal and external scenarios, with the ability to clearly explain differences.
- Ensure models are updated to reflect multiple scenarios.
Data Collection & Management- Collect and organize relevant data from various sources, including market reports, databases, and internal systems.
- Ensure data accuracy and integrity.
- Develop robust methodologies for data analysis and interpretation.
Model Development & Digital Tools- Act as the business leader in the development of accurate models and algorithms to forecast long-term nodal power markets.
- Master the underlying digital products used for modeling.
- Manage the modeling roadmap in close coordination with development teams.
Business Use Cases & Decision Support- Run and deliver key business use cases, including basis analysis, hourly price forecasts for the asset portfolio, and support for investment decisions.
- Master the local supply, demand, and transmission context of TotalEnergies' power generation portfolio.
- Run sensitivities and explain market dynamics clearly to stakeholders.
Industry Awareness & Thought Leadership- Stay current on industry trends, regulatory developments, and emerging technologies in the power sector.
- Participate in industry conferences, events, and regulatory forums.
- Share market analysis expertise internally and position the team as a thought leader in the power market domain.
Project Management- Propose and deliver the U.S. roadmap for nodal market modeling activities.
Candidate ProfileRequired Education:- Master's degree or PhD in economics, finance, engineering, or a related field.
Required Skills & Experience:- Proven experience (10-15 years) in power market analysis or a similar analytical role within the energy sector.
- In-depth knowledge of ERCOT and/or PJM markets, including electricity pricing, market fundamentals, regulatory frameworks, and policy dynamics.
- Excellent communication and presentation skills, with the ability to effectively convey complex information to both technical and non-technical stakeholders. Project management skills are a plus.
- Proficiency in statistical analysis, forecasting techniques, and data modelling.
- Experience with statistical software (such as Python, R, or MATLAB) and Modelling softwares (such as BID3, Plexos or PSO) is required.
- Demonstrated industry awareness and a track record in the power market domain.
- Knowledge of energy industry trends, renewable energy technologies, and environmental regulations is highly desirable.
Additional Information 
