Manager, Transmission Market Analysis

About the role

The Manager, Transmission Market Analysis role is responsible for enhancing and elevating Scout's in-house market analysis and forecasting capabilities. This role involves shaping the future of Scout's projects through the use of historical market and pricing data, collaborating with cross-functional teams, and providing analysis and insights that drive key decisions.

Responsibilities

• Market Analysis, Forecasting, and Support: Analyze and forecast nodal pricing and broader market trends, utilizing historical data analysis ("backcasts") and future pricing predictions. Identify potential risks related to grid reliability and economic feasibility of projects, advising on necessary upgrades and system improvements. Assist in implementation and use of advanced software tools for price forecasting and market analysis.

• New Project Development and Origination Support: Assist in identifying new sites by analyzing historical data and forecast data to infer strategic opportunities. Evaluate historical and forecast nodal prices at substations to determine the strength or potential issues from a nodal pricing perspective. Collaborate with third-party data providers to process historical data, integrating their insights to form comprehensive opinions on site viability.

• Structuring, Asset Management, M&A, and Financing Support: Assist with early-stage project analysis, providing historical and future pricing data for RFPs and bilateral arrangements. Analyze formal reports from third parties, refine covariance, basis, and curtailment assumptions. Develop models to forecast future covariance risk, allowing for better-informed decisions and reducing reliance on third-party studies. Support the M&A team with nodal analysis and pricing evaluations for existing projects, ensuring competitive pricing and risk assessment for new offtake agreements. Provide detailed market analysis and pricing forecasts to support M&A activities and collaborate with the financing team to assess market risks and opportunities.

• Cross-functional Collaboration: Work closely with transmission consultants and internal teams to analyze transmission reports, validate assumptions, and ensure accuracy. Interface with various internal departments to provide market opinions and strategic insights, supporting the creation and management of pricing tools. Contribute to interconnection studies by providing market price inputs and assisting in the economic analysis of project feasibility. Manage relationships with external consultants like nFront and ICF to ensure the delivery of high-quality and relevant market studies.

• Team Building and Leadership: Aid in hiring process for new analysts and associates as this new function is established, ensuring alignment with organizational goals and culture. Act as a mentor to integrate new team members effectively and provide ongoing training to ensure their development and success in the role. Collaborate with cross-functional teams to aid in the development of key performance indicators and help establish workflows that optimize team performance and growth.

Requirements

• Minimum of 6 to 8 years of experience in the energy industry with significant experience in market analysis, price forecasting, or similar analytical role.

• Established expertise in the power markets throughout the U.S., minimum of 3 years experience with Security Constrained Economic Dispatch (SCED) modeling using tools like PROMOD, Encompass, Dayzer, PLEXOS, AURORA, UPLAN, PROBE.

• Knowledge: Knowledge in production cost and stochastic dispatch modeling for all generation resource types. Experience in conducting transmission congestion and curtailment analyses, including security-constrained economic dispatch (SCED) modeling.

• Bachelor's degree in Engineering, Economics, Mathematics, Finance or a related field. Proficiency with market analysis resources (e.g. VelocitySuite, YesEnergy) and strong Excel skills. Strong experience in data mining and working with large datasets; Programming skills preferred (e.g. Python, SQL, R).

• Excellent verbal and written communication skills, with the ability to present complex information clearly to both technical and non-technical audiences.

• Core Competencies: Proficiency with Microsoft Office, Excel, and Word Strong financial modelling skills, understanding of tax equity structures is a plus Strong verbal, written, and visual communication skills. Ability to concisely frame issues by providing context, analysis, recommendations and risk/benefit tradeoffs, both in written, verbal, and presentation format, to project teams and to senior management. Willing and available to travel as needed (10%+).

Desired Personal / Leadership Characteristics

• Ability to inspire confidence and create trust at all levels across an organization.

• High emotional IQ - very strong interpersonal skills.

Scout Values

• Mission-Orientation. High achievers who want to make a difference in this world and contribute to Scout's stated mission.

• Teamwork. Respectful and appreciative colleagues with strong interpersonal skills and a commitment to fostering positive relationships across organizational boundaries to deliver on shared team goals.

• Safety. Uncompromising advocates for the health and safety of fellow employees, contractors, customers, and community members.

• Integrity. Ethical professionals who do the right thing even when it is difficult.

• Initiative. Resourceful self-motivators who thrive in a fast-paced, entrepreneurial environment because of their exceptional leadership, work ethic, and organizational skills.

• Intelligence. Problem-solving learners who can make informed decisions quickly and create innovative and pragmatic solutions to challenging problems.