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Senior Analyst - Market Fundamentals

Iberdrola Renewables
Boston, MA Full Time
POSTED ON 3/4/2025
AVAILABLE BEFORE 6/4/2025

The base salary for this position is depending upon experience and location :

Location : Boston, MA

Salary range : $108,664.00 to $135,830.00

Senior Analyst – Market Fundamentals

Avangrid Renewables is seeking an experienced nodal market analyst to join the Fundamentals group at Avangrid Renewables. The successful candidate will work on highly technical, quantitative, and analytical initiatives and projects including, but not limited to, powerflow 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, powerflow analysis experience, and experience with or desire to learn power markets.

Minimum Qualifications

  • 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, powerflow, contingency and congestion analysis, unit commitment and economic dispatch.
  • Proficiency in PowerWorld Simulator or other loadflow 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.

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.
  • All offers of employment are contingent upon the successful completion of a medical Fit for Duty exam (only if applicable to job requirements), background check, references, drug screen, verification of legal right to work in the U.S., and in some cases, a credit check. A credit check will be administered when a prospective employee will be working in Finance, Accounting, Treasury or where duties may involve handling of funds, accounts or cash. A Motor Vehicle (MVR) check will be administered when a prospective employee will be regularly using a company vehicle.

    Avangrid Renewables is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, protected veteran status, status as an individual with a disability, or any other status or class protected by federal or state law.

    Company : AVANGRID RENEWABLES, LLC

    Job Posting End Date : March-31-2025

    J-18808-Ljbffr

    Salary : $108,664 - $135,830

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