Senior Associate, Market Fundamentals & Transmission - West

The role

The Senior Associate will serve as a Western market SME to develop views across Western US power markets. This role focuses on forecasting energy prices, curtailment risk, ancillary services, capacity, and RECs to support project development, M&A, and hedging risk management.

What you will do

• Update fundamental information on transmission upgrades, load forecasts, generation buildout, and gas/fuel prices
• Develop views on hub prices, RA prices, REC prices, capture ratios, and curtailment
• Quantify and evaluate the impact of market conditions like demand forecasts and outages on operating assets
• Provide analytical insights from modeling results to support risk management, trading, and development decisions
• Automate the flow of input and output datasets using AI applications, Python, SQL or Excel
• Lead and support the development of a long-term fundamental market model across western US power markets
• Follow regulatory updates, utility IRPs, state RPS goals, transmission plans, and gas markets
• Utilize modeling insights to support greenfield and project siting activities
• Validate external consultant market and transmission studies to support project financing
• Use data analytics tools to maintain input/output datasets for long-term market models

Required qualifications

• Bachelor’s degree in Engineering, Finance, Mathematics, Statistics, Power, Economics, and/ or Business, or comparable
• Minimum of 4 years of experience in an analytical role at an energy trading firm, bank, IPP, ISO, or Utility
• Experience in power market modeling including zonal and capacity expansion modeling
• Experience in capacity (RA) and REC price forecasting including knowledge of CAISO, WECC BAS, and western market expansion
• Minimum of 3 years of experience with production cost modeling using tools like Aurora, PROMOD, PLEXOS, or Encompass
• Ability to formulate and articulate viewpoints in a clear, persuasive, and succinct manner
• Ability to handle multiple concurrent efforts and provide high-quality deliverables accurately and on time
• Ability to work well in a fast-paced, team-oriented, collaborative environment
• Strong interpersonal, analytical, and problem-solving skills
• Strong experience in data mining and working with large datasets

Nice to have

• Programming experience in Python & SQL
• Strong understanding of zonal power market fundamentals and WECC market dynamics
• Renewable energy background

Benefits

• Generous PTO
• Medical, dental & vision care
• HSAs with company contributions
• Health FSAs
• Dependent daycare FSAs
• Commuter benefits
• Relocation
• 401(k) plan with employer match
• Variety of life & accident insurances
• Fertility programs
• Adoption assistance
• Generous parental leave

Before you apply

• No visa sponsorship or any kind of sponsorship for employment authorization is available for this role, now or in the future

About the company

Clearway Energy Group is leading the transition to a world powered by clean energy. Its portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states.