We have an important role to play in securing the region's clean and reliable energy future and seek folks from a variety of disciplines to join us! This role is with the internal market monitoring (IMM) group in ISO New England. Market monitoring is responsible for protecting both consumers and market participants in the wholesale electricity markets by mitigating the impacts of uncompetitive bidding, identifying and reporting market design issues and market manipulation, and evaluating market performance. In fulfilling this role, we rely on a multidisciplinary team with expertise in economics, financial analysis, engineering, data science and law.
As a member of the Surveillance and Analysis team, you will develop a detailed understanding of the workings of the wholesale electricity market. You will provide valuable insight to our team by applying economic principles in your daily monitoring of market outcomes and participant behavior. Working with large and complex data, you will perform in-depth empirical analyses on market performance and report on challenging electricity market issues for both internal and external stakeholders.
What we offer you:
Hybrid work schedule with 3 days/week onsite
Relocation
Base salary plus performance bonus program, professional development and tuition reimbursement, enhanced 401k and financial planning, wellness programs with onsite gym, onsite Cafe with free coffee, flexible work hours, access to business networks & more, all in a stable and supportive work environment!
How You Will Make an Impact:
Market Surveillance
Continually track market outcomes, identify and explain trends and outliers
Design, develop and run screening tools to identify market performance issues, non-compliance with market rules and uncompetitive behavior
Identify and source relevant data through research and proactive engagement with colleagues
Build data queries and analysis in a programming language
Economic Analysis
Scope and perform empirical analysis of market performance, market efficiency and behavior
Evaluate current and new market rules changes and recommend enhancements
Reporting
Present complex and technical content to a diverse audience through written reports and presentations
Write clear and insightful content, collaborate with colleagues to make connections between report sections
Investigations
Identify market outcomes and market participant behavior that warrants further investigation and analysis
Conduct investigations and make referrals to the federal energy regulator
What you need to be successful in this role:
Master's degree in economics, business, public policy, or another related field.
Experience and/or demonstrated interest in wholesale electricity markets and the electric industry
Excellent written and verbal communication skills; Ability to communicate complex findings and ideas in plain language at an executive, board member, or regulator level
Strong quantitative skills with emphasis on analysis using SAS or similar programming language
Ability to conduct forensic-like investigations of market outcomes and participant behavior
Demonstrated ability to work efficiently and collaboratively with others in a team environment
This position is open to qualified candidates at various levels, ranging from Associate to Senior Analyst. The level will be determined based on applicable experience
This employer will not sponsor applicants for work visas for this position (ex: H-1B, F-1/CPT/OPT, O-1, E-3, TN, J, etc.).
The expected salary range for this position is $109,000 - $158,000 per year. This role is also eligible for an annual performance bonus, comprehensive health insurance (medical, dental and vision), flexible spending and health savings accounts, a 401(k) plan with generous employer contributions and a student debt benefit, life and AD&D insurance, disability insurance, critical illness and hospital indemnity benefits, paid time off, paid leave, a wellness program, an employee assistance program and other great company perks.
#LI-HYBRID
$109k-158k yearly 8d ago
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Energy Market Analyst
Massachusetts Municipal Wholesale 3.9
Ludlow, MA jobs
The Massachusetts Municipal Wholesale Electric Company (MMWEC) brings a competitive edge to Massachusetts municipal utilities dedicated to providing their customers with low-cost and reliable electricity. We plan, develop and manage energy resources in an evolving marketplace that requires high levels of innovation and expertise.
We are currently seeking an experienced Energy MarketAnalyst for our Market Management and Planning Business Unit. This person will be responsible for managing all aspects of the Forward Capacity Market (FCM) and the Forward Reserve Market (FRM), with a working knowledge of the New England wholesale electricity market rules and procedures.
PRIMARY RESPONSIBILITIES:
Fulfill all Forward Capacity Market (FCM) related reporting requirements and obligations.
Calculate and submit Self-Supply designations.
Monitor and participate in the Forward Capacity Auctions.
Execute all Forward Reserve Market (FRM) related reporting requirements and obligations for Member Systems.
Submit Forward Reserve bids on behalf of Member Systems.
Monitor and participate in the Forward Reserve Market auctions.
Oversee Assigned Portfolios of Power Costs Reports, Power Cost Forecasts and Asset Performance Reports of Member Systems.
Prepare and analyze periodic Power Portfolio Cost Reports, Forecasts and Asset Economic Reports.
Assist in communicating performance to member systems and internal audiences.
Perform Daily Peak Demand Forecasting and Remote Dispatch Operations.
Perform daily rotational duties such as duties involving asset generation and load demand bidding, peak alert forecasting and electronic vehicle charging scheduling.
Other projects and duties as assigned.
TRAINING AND EXPERIENCE:
Bachelor's Degree in math, science, engineering, finance, economics, or related field.
2-3 years of job related experience.
Advanced knowledge of Microsoft Office products, specifically Excel.
SQL knowledge is a plus.
Experience in customer service is also a plus.
Demonstration of sufficient analytical problem solving skills is a must.
Must have the ability to work efficiently within time constraints while meeting Member System demands.
Strong interpersonal and organizational skills are also key.
MMWEC offers a competitive salary and benefits package including robust medical and dental benefits with low employee cost, a savings retirement plan with a 6% company contribution and up to an additional 3% company match, earned vacation time, sick time, and 11 paid holidays. Our company prides itself in creating an environment that challenges employees to be passionate, energetic, proactive, and progressive.
Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. So, if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to apply. You may be just the right candidate for this or other roles.
Massachusetts Municipal Wholesale Electric Company (MMWEC) eagerly accepts applications for employment from all qualified persons without regard to race, color, religious creed, national origin, sex, sexual orientation, GINA, marital status, gender identity, age, ancestry, veteran status, mental or physical disability, and political belief or affiliation.
About Massachusetts Municipal Wholesale Electric Company (MMWEC)
The Massachusetts Municipal Wholesale Electric Company (MMWEC) is a leader in the energy industry, dedicated to supporting Massachusetts municipal utilities with innovative, sustainable, and reliable energy solutions. With nearly 50 years of public power joint action, MMWEC prides itself on its forward-thinking strategies, collaborative approach, and commitment to serving local communities.
$52k-77k yearly est. 5d ago
Senior Energy Market Analyst
Veolia North America 4.5
Boston, MA jobs
** Veolia in North America is the top-ranked environmental company in the United States for three consecutive years, and the country's largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It offers a full spectrum of water, waste, and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. Veolia helps commercial, industrial, healthcare, higher education and municipality customers throughout North America. Headquartered in Boston, Veolia has more than 10,000 employees working at more than 350 locations across North America.
**Job Description**
**Position Purpose:**
Provide energy market advisory services to clients with a focus on: a) energy fundamentals that will impact future pricing; b) supporting transactions to buy / sell physical energy or Renewable Energy Certificates; c) understanding and communicating impacts of state & federal regulatory affairs that will impact client energy costs; d) providing tactical advice on physical energy flows for natural gas and power (e.g. pipeline nominations, transmission congestion credits, etc.); e) negotiation and recommendations for power purchase agreements.
**Primary Duties/Responsibilities:**
+ Provide energy market direction and advice for North American clients including advice for structuring of energy products, timing and structure for physical energy hedges, purchase of green-e or state RPS compliant RECs, and other related energy supply transaction requirements.
+ Development of relationships of decision-makers within existing client's organization.
+ Strong understanding of the regional structure for power pricing and costs within different RTOs in North America.
+ Strong understanding for pipeline gas nominations, pipeline tariffs and regional differences for daily or monthly balancing of LDCs.
+ Keep clients updated on gas basis movement and impacts on pricing for client's city gate gas and/or power pricing.
+ Defining ideal energy product specifications for customers and obtaining pricing from relevant qualified suppliers as part of facilitating energy market supply transactions between clients and energy suppliers.
+ Provide recommendations to clients on market movement and trends - both with forward and spot power and gas energy markets across different energy markets within North America.
+ Facilitating decisions with clients regarding the optimal energy product to be procured - including decisions of buying cash/spot or fixed positions, contracting term, and other details defined within an energy supply contract.
+ Providing annual budget support for client accounts to include both firm energy positions, regulatory based costs for utility delivery, and unhedged energy positions.
+ Provide clients with insights regarding the impacts of market movements using SourceOne's proprietary Cash Flow at Risk analytical models.
+ Provide clarity on costs and changes that can be seen with respect to regulated utility delivery costs and tariffs.
+ Being curious and enjoying working in a client centric organization.
**Work Environment:**
+ Office environment with some occasional travel to client sites.
**Qualifications**
**Education/Experience/Background:**
+ BS/BA required in Business, Math, Accounting, Engineering, or relatable field, MS or MBA preferred.
+ 8+ years of energy, utility, and/or engineering experience is required.
+ Experience working with large datasets.
+ Modeling experience.
+ Financial or economic knowledge/experience a plus.
**Knowledge/Skills/Abilities:**
+ Significant understanding of energy markets for natural gas, power, and related regulatory affairs.
+ Ability to synthesize complex energy market issues for messaging to clients.
+ Strong Excel and PowerPoint skills.
+ Comfortable speaking in front of groups.
+ A "client-first" mentality.
**Additional Information**
**Pay Range:** $115000 to $125000 per year.
**Benefits:** Veolia's comprehensive benefits package includes paid time off policies, as well as health, dental, vision, life insurance, savings accounts, tuition reimbursement, paid volunteering and more. In addition, employees are also entitled to participate in an employer sponsored 401(k) plan, to save for retirement. Pay and benefits for employees represented by a union are outlined in their collective bargaining agreement.
We are an Equal Opportunity Employer! All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable law.
$115k-125k yearly 5d ago
Junior Energy Market Analyst
Massachusetts Municipal Wholesale 3.9
Ludlow, MA jobs
The Massachusetts Municipal Wholesale Electric Company (MMWEC) brings a competitive edge to Massachusetts municipal utilities. We plan, develop and manage energy resources in an evolving marketplace that requires high levels of innovation and expertise. All while remaining dedicated to providing municipal utility customers with low-cost, low carbon and reliable electricity.
We are currently seeking to add a Junior Analyst to our Market Management & Planning Team. This person will be responsible for the analysis and reporting on the wholesale energy market position and carbon intensity for 20+ municipally owned utilities in the Commonwealth. This role will provide vital support to the analyst team and member utilities to help balance their energy supply and procurement strategies and achieve compliance with Net Zero 2050 goals. All while becoming familiar with wholesale energy management and market operations in the New England region and beyond!
If you are looking to be part of something bigger and work alongside all different types of professionals who are driven and innovation minded in a rapidly evolving industry, then the Energy Industry is for you! Through this role with MMWEC, you will build a foundational understanding and operational knowledge of the wholesale energy market and industry.
PRIMARY RESPONSIBILITIES:
Data research and use of various software to compile extensive reports.
Analysis of reports on impactful topics like Greenhouse Gas Emissions, Retail Electric Rate. Comparisons, Power Asset Economic Performance.
Communicate report findings/performance to member systems and internal audiences.
Perform wholesale electric demand meter readings daily.
Ensure data quality and integrity of meter data through validation processes.
Distribute meter data reporting to all internal and external stakeholders in conjunction with a final database population, including resettlement process management.
Perform transaction scheduling support functions.
TRAINING AND EXPERIENCE:
Bachelor's degree in a technical discipline; Math, Science, Economics, Accounting or Engineering.
Ability to demonstrate sufficient analytical problem solving skills.
Advanced knowledge of Microsoft Excel and SQL and/or other relational database management systems.
Excellent verbal, written, and presentation communication skills.
MMWEC offers a competitive salary and benefits package including robust medical and dental benefits with low employee cost, a savings retirement plan with a 6% company contribution and up to an additional 3% company match, earned vacation time, sick time, and 11 paid holidays. Our company prides itself in creating an environment that challenges employees to be passionate, energetic, proactive, and progressive.
Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. So, if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to apply. You may be just the right candidate for this or other roles.
Massachusetts Municipal Wholesale Electric Company (MMWEC) eagerly accepts applications for employment from all qualified persons without regard to race, color, religious creed, national origin, sex, sexual orientation, GINA, marital status, gender identity, age, ancestry, veteran status, mental or physical disability, and political belief or affiliation.
About Massachusetts Municipal Wholesale Electric Company (MMWEC)
The Massachusetts Municipal Wholesale Electric Company (MMWEC) is a leader in the energy industry, dedicated to supporting Massachusetts municipal utilities with innovative, sustainable, and reliable energy solutions. With nearly 50 years of public power joint action, MMWEC prides itself on its forward-thinking strategies, collaborative approach, and commitment to serving local communities.
$52k-77k yearly est. 5d ago
Senior Energy Market Analyst
ISO New England Inc. 4.6
Market analyst job at ISO New England
We have an important role to play in securing the region's clean and reliable energy future and seek folks from a variety of disciplines to join us! This role is with the internal market monitoring (IMM) group in ISO New England. Market monitoring is responsible for protecting both consumers and market participants in the wholesale electricity markets by mitigating the impacts of uncompetitive bidding, identifying and reporting market design issues and market manipulation, and evaluating market performance. In fulfilling this role, we rely on a multidisciplinary team with expertise in economics, financial analysis, engineering, data science and law.
As a member of the Surveillance and Analysis team, you will develop a detailed understanding of the workings of the wholesale electricity market. You will provide valuable insight to our team by applying economic principles in your daily monitoring of market outcomes and participant behavior. Working with large and complex data, you will perform in-depth empirical analyses on market performance and report on challenging electricity market issues for both internal and external stakeholders.
What we offer you:
Hybrid work schedule with 3 days/week onsite
Relocation
Base salary plus performance bonus program, professional development and tuition reimbursement, enhanced 401k and financial planning, wellness programs with onsite gym, onsite Cafe with free coffee, flexible work hours, access to business networks & more, all in a stable and supportive work environment!
How You Will Make an Impact:
Market Surveillance
Continually track market outcomes, identify and explain trends and outliers
Design, develop and run screening tools to identify market performance issues, non-compliance with market rules and uncompetitive behavior
Identify and source relevant data through research and proactive engagement with colleagues
Build data queries and analysis in a programming language
Economic Analysis
Scope and perform empirical analysis of market performance, market efficiency and behavior
Evaluate current and new market rules changes and recommend enhancements
Reporting
Present complex and technical content to a diverse audience through written reports and presentations
Write clear and insightful content, collaborate with colleagues to make connections between report sections
Investigations
Identify market outcomes and market participant behavior that warrants further investigation and analysis
Conduct investigations and make referrals to the federal energy regulator
What you need to be successful in this role:
Master's degree in economics, business, public policy, or another related field.
Experience and/or demonstrated interest in wholesale electricity markets and the electric industry
Excellent written and verbal communication skills; Ability to communicate complex findings and ideas in plain language at an executive, board member, or regulator level
Strong quantitative skills with emphasis on analysis using SAS or similar programming language
Ability to conduct forensic-like investigations of market outcomes and participant behavior
Demonstrated ability to work efficiently and collaboratively with others in a team environment
This position is open to qualified candidates at various levels, ranging from Associate to Senior Analyst. The level will be determined based on applicable experience
This employer will not sponsor applicants for work visas for this position (ex: H-1B, F-1/CPT/OPT, O-1, E-3, TN, J, etc.).
The expected salary range for this position is $109,000 - $158,000 per year. This role is also eligible for an annual performance bonus, comprehensive health insurance (medical, dental and vision), flexible spending and health savings accounts, a 401(k) plan with generous employer contributions and a student debt benefit, life and AD&D insurance, disability insurance, critical illness and hospital indemnity benefits, paid time off, paid leave, a wellness program, an employee assistance program and other great company perks.
#LI-HYBRID
$109k-158k yearly 31d ago
Energy Market Analyst
Massachusetts Municipal Wholesale 3.9
Ludlow, MA jobs
The Massachusetts Municipal Wholesale Electric Company (MMWEC) brings a competitive edge to Massachusetts municipal utilities dedicated to providing their customers with low-cost and reliable electricity. We plan, develop and manage energy resources in an evolving marketplace that requires high levels of innovation and expertise.
We are currently seeking an experienced Energy MarketAnalyst for our Market Management and Planning Business Unit. This person will be responsible for managing all aspects of the Forward Capacity Market (FCM) and the Forward Reserve Market (FRM), with a working knowledge of the New England wholesale electricity market rules and procedures.
PRIMARY RESPONSIBILITIES
Fulfill all Forward Capacity Market (FCM) related reporting requirements and obligations
Calculate and submit Self-Supply designations.
Monitor and participate in the Forward Capacity Auctions.
Execute all Forward Reserve Market (FRM) related reporting requirements and obligations for Member Systems
Submit Forward Reserve bids on behalf of Member Systems
Monitor and participate in the Forward Reserve Market auctions
Oversee Assigned Portfolios of Power Costs Reports, Power Cost Forecasts and Asset Performance Reports of Member Systems
Prepare and analyze periodic Power Portfolio Cost Reports, Forecasts and Asset Economic Reports
Assist in communicating performance to member systems and internal audiences
Perform Daily Peak Demand Forecasting and Remote Dispatch Operations
Perform daily rotational duties such as duties involving asset generation and load demand bidding, peak alert forecasting and electronic vehicle charging scheduling
Other projects and duties as assigned
TRAINING AND EXPERIENCE
Bachelor's Degree in math, science, engineering, finance, economics, or related field
2-3 years of job related experience
Advanced knowledge of Microsoft Office products, specifically Excel
SQL knowledge is a plus
Experience in customer service is also a plus
Demonstration of sufficient analytical problem solving skills is a must
Must have the ability to work efficiently within time constraints while meeting Member System demands
Strong interpersonal and organizational skills are also key
MMWEC offers a competitive salary and benefits package including robust medical and dental benefits with low employee cost, a savings retirement plan with a 6% company contribution and up to an additional 3% company match, earned vacation time, sick time, and 11 paid holidays. Position also offers a rotating schedule to foster work life balance. Our company prides itself in creating an environment that challenges employees to be passionate, energetic, proactive, and progressive.
Massachusetts Municipal Wholesale Electric Company (MMWEC) eagerly accepts applications for employment from all qualified persons without regard to race, color, religious creed, national origin, sex, sexual orientation, GINA, marital status, gender identity, age, ancestry, veteran status, mental or physical disability, and political belief or affiliation.