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Senior Analyst - Market Fundamentals

Iberdrola Energie Deutschland GmbH
Boston, MA Full Time
POSTED ON 1/22/2025
AVAILABLE BEFORE 4/21/2025

Senior Analyst - Market Fundamentals

Apply locations : United States Of America, Massachusetts, Boston

Posted on : Posted 3 Days Ago

Time left to apply : End Date : January 31, 2025 (30 days left to apply)

Job requisition id : R-07263

The base salary for this position is dependent upon experience and location.

LOCATION : Boston, MA

SALARY RANGE : $106,013.00 to $132,517.00

Avangrid Renewables is seeking an experienced nodal market analyst to join the Fundamentals group at Avangrid Renewables headquarters in Portland, OR. The successful candidate will work on highly technical, quantitative, and analytical initiatives and projects including, but not limited to, power flow analysis, market simulation, locational marginal price (LMP) analysis, renewable integration studies, and evaluation of the impact of market rule changes on these forecasts and analyses in the Eastern Interconnect and ERCOT regions. The ideal candidate will have a deep understanding of nodal market operations in one or both of these regions, power flow analysis experience, and experience with or desire to learn power markets.

Skills and Requirements

  • Bachelor’s degree in Electrical Engineering (power system emphasis desired), Mathematics or related quantitative field with strong preference given to candidates with solid educational background in power systems analysis or equivalent combination of education and relevant industry experience.
  • 5 years of experience in transmission and market simulation modeling or equivalent experience; (the company may consider candidates with less experience at a lower level).
  • Deep understanding of transmission system and power flow fundamentals, LMP formation, and relevant sensitivities.
  • Demonstrated experience with ISO market operations with respect to LMP modeling and working with optimization models, including detailed knowledge of optimization and quantitative methods and data underlying market simulations, power flow, contingency and congestion analysis, unit commitment and economic dispatch.
  • Proficiency in PowerWorld Simulator or other load flow analysis tools.
  • Proficiency in use of Excel for analysis and other Microsoft Office tools.
  • Demonstrated understanding of the ERCOT, PJM, NE-ISO, MISO or NYISO market design, operations, and price formation.
  • Excellent written and verbal communication skills with the ability to communicate effectively with both business and technical personnel at all organizational levels. Must work collaboratively with Fundamentals colleagues in the US and Spain, and with internal stakeholders.
  • Must demonstrate effective resource and project planning, decision making, results delivery, team building, and the ability to stay current with relevant technology and innovations and market rule changes that impact job responsibilities.
  • Ability to acquire FERC Critical Energy Infrastructure Information (CEII) clearance and safeguard critical information appropriately.
  • Ability to work independently or with a team and communicate with people from a wide variety of backgrounds.

Preferred Skills

  • Experience with power market price forecasting and simulations using constrained economic dispatch models such as Aurora.xmp or similar.
  • Extensive knowledge of power market simulation / optimization models and / or transmission systems analysis tools and data sources.
  • Mobility Information

    Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country.

    AVANGRID’s employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law. If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at careers@avangrid.com.

    Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule / job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRID Network and Corporate functions. This does not include those that will work for Avangrid Renewables.

    Job Posting End Date : January-31-2025

    Avangrid is a leading sustainable energy company transitioning America toward a clean and connected future. Headquartered in Orange, CT, Avangrid has a footprint in 24 states with $41 billion in assets. Our primary businesses are Networks, which serves 3.3 million electric and natural gas customers in the Northeast, as well as Renewables which is the third-largest renewable energy company in the U.S. with a diverse onshore and offshore renewable energy portfolio. With more than 8,000 employees, Avangrid has built a culture that blends diversity, equity and inclusion guided by the company’s ESG F framework and the UN Sustainable Development Goals.

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    Salary : $106,013 - $132,517

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