Associate, Quantitative Power Analyst
Castleton Commodities International · Houston, TX · 2 wk ago
AnalystFull-time
Responsibilities
- Conduct research and analysis of the Power, Natural Gas, and Renewable markets to directly support trading activities.
- Report and communicate data to both research analysts and risk takers, exploring relationships between price and fundamentals.
- Utilize Dayzer software to build, maintain, and analyze power flow models for PJM and ERCOT, incorporating assumptions related to generation, load, outages, transmission constraints, congestion, renewable output, and market topology.
- Analyze Dayzer model outputs to evaluate congestion, locational marginal pricing, basis risk, transmission constraints, and other market fundamentals relevant to trading strategies.
- Support scenario analysis using Dayzer and other analytical tools to assess the impact of changing market conditions, generation availability, fuel prices, transmission outages, renewable output, and load forecasts.
- Perform ad-hoc analyses for trade ideas and other projects.
Qualifications
- Bachelor’s degree in Physics, Computer Science, Engineering or a related field.
- 2+ years of experience in a Desk Analyst role covering North American Power & Natural Gas markets.
- Experience using Dayzer Software, or comparable power market simulation software to support analysis of PJM & ERCOT Power markets.
- Ability to solve loosely defined complex problems with minimal supervision.
- Proficient in a variety of programming languages (e.g., Python, SQL, etc.) and experienced in programming within an organization with a strict version control culture.
- Demonstrated passion for markets, modeling, and the energy industry, with a dynamic approach to learning and expanding technical knowledge.
- Proven ability to communicate effectively and execute projects in a team environment.
- Must be able to work effectively in a fast-paced, dynamic and high-intensity environment including open-floor plan if applicable to the position, with timely responsiveness and the ability to work beyond normal business hours when required.