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Energy Market Analyst (Data)

Energy Exemplar
NewPosted today

LOCATION

Bengaluru · Remote

EXPERIENCE

2 - 4 Years

SKILLS REQUIRED

Energy EconomicsPower Plant OperationsData AnalysisScenario analysisPower SystemsRisk Management

Job description

Overview

Energy Market Analyst role on a team that develops simulation-ready datasets for global power and natural gas market models in Pune/Bengaluru, reporting to the Global Director of Data and Market Analysis.

What you'll do

  • Help supervise the development and maintenance of Global (North America/Europe/APAC regions) Power and Natural Gas Market models/datasets using PLEXOS/Aurora tools.
  • Lead and coordinate market research, model updates, result analysis, model benchmarking etc.
  • Work in a team of energy data analysts.
  • Work on projects to deliver standalone dataset and portions of dataset using fundamental data along with PLEXOS and Aurora power market models.
  • Apply knowledge of various power markets to direct analysis of power markets, undertake research, analyze and manipulate data, and process data for input into power market models.
  • Troubleshoot market models.
  • Benchmark production cost models.
  • Run PLEXOS and/or Aurora and/or direct others in running and interpreting output model results and energy balances.
  • Compare models and review preliminary forecast output results for inconsistencies to ensure deliveries meet product specification.
  • Solve problems and interpret market models, and detect errors and omissions.
  • Troubleshoot market models and intermediate work products for errors, omissions, and improvements.

What you'll need

  • Experience with energy market modelling.
  • High level of numeracy, computer, and web literacy.
  • Strong foundational skills and understanding of energy economics for power market fundamentals and economic concepts of power markets.
  • Expert knowledge of Power Plant/Natural Gas Economics, Power Systems, Gas supply chain, Operations research/Optimization techniques, statistics, and Energy (Power and/or Gas) Markets/Industry.
  • Knowledge and experience with transmission planning and nodal market modeling including generator mapping, assessing N-x contingencies, understanding and troubleshooting nodal model infeasibilities and other planning related power flow analysis.
  • Demonstrated ability to work autonomously, direct other analysts productively, and oversee projects/assignments from start to finish.
  • Self-starter, organized, persistent, goal driven, with a can-do attitude; takes challenges as opportunities to perform and add value.
  • Diligent, systematic, and attentive to detail to ensure work accuracy and quality.
  • Punctual, professional work and phone etiquette.
  • 2 to 4 years of experience with energy modeling and power market analysis.
  • Knowledge of or experience working in several North American, European or Asian power markets.
  • Strong analytical and problem-solving skills with the ability to research and learn new techniques.
  • Experience in creating and analyzing energy data sets for power models.
  • Knowledge of one or more energy economic modeling tools: PLEXOS, Aurora, PROMOD, PSO, Market Analytics and/or PROSYM.
  • Strong organizational skills; familiarity with Agile/Sprint best practices.
  • Expert skills using Excel, Power BI and similar tools.
  • Bachelor's degree in Economics, Electrical Engineering, or Mathematics.

Nice to have

  • Knowledge of production cost modelling software such as PLEXOS, Aurora, Pro-mod, or similar.
  • Experience working at a market operator, project developer, or at a utility in planning or commercial operations.
  • Bachelor's degree in Economics (preferred), Electrical Engineering (Transmission preferred), or Mathematics.
  • Master's degree or Ph.D.

Details

  • Location: Pune, Maharashtra, India; Bengaluru, Karnataka, India.
  • Work mode: work from home, in the office, or on the move, as the candidate chooses.

Read the full description and apply on the company’s own careers page.

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Energy Market Analyst (Data)