Irving, TX

An integrated energy company with power generation and retail load seeks a Senior Analyst, Power Fundamentals. The position models and identifies fundamental drivers for the CAISO and MISO power markets used by the Commercial Team (Asset Traders) and Corporate Finance (Strategy, M&A, Planning, Development, Regulatory).

Responsibilities include:

• Conduct fundamental research, supply and demand modeling, and analysis in CaISO and MISO power markets using Power Systems Optimizer (PSO)
• Monitor industry regulations and track market rule changes, plant retirements, new renewable and thermal generation builds, transmission upgrades, near- and mid-term demand, and fuel prices
• Provide power price forecasts, key POVs and market drivers, and related congestion impacts
• Short/medium term capacity and energy forecasts (~1-5 year modeling horizon)
• Long-term capacity/retirement forecasts (~10-year modeling horizon)
• Support company strategic investment decisions including business development projects and M&A transactions

• Maintain a detailed knowledge of CAISO and MISO ISO rules including capacity market rules
• Assist Asset Traders with capacity market bidding
• Become a SME for company’s fundamental software tools including Power Systems Optimizer (PSO)
  Professional and Educational Requirements:
  • A bachelor’s degree in a business discipline with an advanced degree preferred
  • Minimum ~4+ years of professional experience in power fundamental modeling for the North American power markets at a utility, IPP, merchant trading firm, or energy consulting firm
  • An understanding of the North American power supply/demand and infrastructure fundamentals
  • Experience with production cost modeling
  • High-level understanding of transmission analysis
  • Model-building skills; experienced with analytical and data manipulation applications
  • Experience with one or more markets: CAISO, ERCOT, MISO, NEISO, NYISO, PJM, or SPP
  • Experience with CAISO or MISO is desired but not required
• Experience with market software, including PLEXOS, AURORA, DAYZER, GE-MAPS, PROMOD, Power Systems Optimizer (PSO), or similar software packages
• Desire to be a part of a high-performing and analytical team
• Ability to think commercially with strong communication skills
• Experience with at least one programming language generally used in financial models, such as VBA, MATLAB, Python, R, SAS, etc. (highly desired)

Submit resumes to chynes@salthillgroup.com.