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Jobs · Art & Creative · Massachusetts

Analyst, Power Markets Modeler

Yes Energy · Newton, MA · 2 mo ago
HybridArt & Creative$90k–$110k/yrFull-time

About the role

The electrical grid is the largest and most complicated machine ever built. Yes Energy’s industry-leading electric power trading analytics software provides real-time visibility into the massive amount of data generated by the North American electrical grid daily. Our unique and innovative view of the data informs real-time trading decisions and mid-to-long-term investment decisions that keep utility prices low, support the energy transition, and keep the grid running. It’s both challenging work and work with a purpose.

Position Summary

As an Analyst, Power Markets Modeler, you will play a key role in developing our differentiated asset-level forecasts and models. You will research North American power market fundamentals and regulatory trends to provide accurate, granular insights into renewable, thermal, and high-voltage transmission assets. Working within a multi-functional collaborative team, you will bridge the gap between complex power grid data and actionable client insights.

Position Details

  • Salary range: $90,000 - $110,000

  • Location: Hybrid - Boston (Newton), MA

  • Full-time

  • Hybrid - 2 days in the office

  • Reporting to: Director, Energy Modeling

  • Travel requirements: Occasional travel as needed for client or team collaboration

Primary Responsibilities

  • Develop Grid Models: Build and maintain forecasts of the North American electric grid using in-house tools and proprietary procedures.

  • Market Monitoring: Track trends in renewable energy, battery storage, energy policy, and the retirement of conventional generation.

  • Data Automation: Leverage technical skills to automate the ingestion of input datasets and the analysis of model results.

  • Benchmarking & Testing: Plan and execute benchmarking to test model accuracy and drive continuous improvement in future modeling.

  • Quantitative Analysis: Analyze external US power grid data spanning environmental, financial, and operational metrics.

  • Client Collaboration: Serve as a subject matter expert to explain market models and scenarios to clients and success teams.

  • Model Ownership: Own the evolution of your models over time, ensuring they adapt to shifting market fundamentals.

Minimum Qualifications

  • Bachelor’s degree in engineering, mathematics, or another quantitative field.

  • Strong data analysis skills with hands-on experience using Python, R, or similar languages.

  • Foundational knowledge of North American power market fundamentals and regulatory trends.

  • Academic understanding of optimization modeling (constraints/shadow pricing) and microeconomics.

  • Basic understanding of elementary finance, including net present value (NPV) calculations.

  • Strong communication skills with the ability to explain complex findings to diverse teams.

  • Ability to thrive in a fast-paced, dynamic environment

Key Competencies

  • Advanced Degree: Master's or PhD in engineering, mathematics, or economics.

  • Simulation Expertise: Prior experience with power system models like ENELYTIX, AURORA, PLEXOS, or PROMOD.

  • Industry Experience: Previous work in power markets or renewable energy.

  • Energy Industry Knowledge: Deep understanding of ISO/RTO market data, including pricing and congestion.

  • Technical Execution: Proficiency in econometrics, statistics, and manipulating data via SQL or Python.

  • Problem Solving: Ability to apply structured thinking to break down complex grid challenges.

  • Systems Thinking: Understanding how data, technology, and market processes interact across the grid.

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