Senior Energy Market Analyst, PJM
Energy Exemplar · Richmond, VA · 1 mo ago
RemoteRemoteResearchFull-time
About the role
As part of the Americas Solutions team, this role specializes in US energy markets within the Power Systems team, focusing on energy system planning for entities like System Operators, Regulators, and government organizations. The ideal candidate will have expertise in energy market economics, wholesale market trends, and fundamental modeling for decision-making.
Responsibilities
- Forecast energy prices, portfolio optimization, risk management, secondary market participation, and investment strategy evaluation.
- Use fundamental market modelling tools to forecast energy prices and cross border flows in short, medium and long term time horizons.
- Use market modelling and portfolio optimization models in pre-trade decisions (physical energy trading and/or prop trading).
- Use market models to understand Value at Risk, and develop medium term hedging strategies.
- Apply models to optimize strategy for participation in secondary markets (Balancing Markets, Ancillary Services Markets, etc).
- Evaluate impact of disruptive technologies on longer term energy markets.
- Use modelling to support strategic/investment decisions.
- Lead energy market model projects and PLEXOS implementation.
- Support business development through thought leadership and sales expertise.
- Gather customer requirements and design PLEXOS-based modeling solutions, either enhancing existing datasets or building models from scratch.
- Provide industry best practices, assist in developing market assumptions, and analyze model outcomes, recommending adjustments as needed.
- Calibrate models to historical benchmarks and advise on strategic applications of PLEXOS.
- Develop test plans, resolve issues with product support, and deliver training on PLEXOS usage.
- Develop Proof of Concept models showcasing Energy Exemplar’s solutions.
- Support sales by understanding client challenges and proposing tailored solutions.
- Deliver technical presentations, respond to RFIs/RFPs, and address product inquiries.
- Provide market insights to enhance the product roadmap.
- Conduct research, create energy market studies, and present findings at conferences and webinars.
- Demonstrate strong modelling capabilities, domain expertise, excellent communication skills, be outgoing, professional, driven, and able to multi-task in a dynamic and often changing environment.
- Work with cutting edge technologies, collaborate with key players in energy markets, and solve fundamental problems facing the energy sector.
Requirements
- Knowledge of electricity markets, power trading or electrical systems.
- Planning & Operations Experience in energy market supply and demand modelling via optimization/unit commitment (preferably via commercial tools such as PLEXOS, BID3, Antaras, SDDP, PROMOD, etc).
- Strong analytical skills.
- Strong interpersonal presence and skills – demonstrated ability to build rapport.
- Proficient with corporate productivity and web presentation tools.
- Excellent verbal and written communications skills.
- Strong listening and presentation skills.
- Ability to multi-task, prioritize, and manage time effectively.
- Self-driven, results‑orientated with a positive outlook and a focus on quality.
- Thorough knowledge of standard Microsoft programs – Word, Excel, PowerPoint.
- Ability to manage multiple competing priorities.
- Sense of urgency for goal achievement.
- Strong desire for personal and career advancement.
- A tertiary degree in Electrical Engineering, Energy Economics, Operations Research or similar degree.
- Ideally the candidate should have specialisation in Electricity Systems (and/or Markets).
- 3‑4 years’ experience in energy markets with a strong understanding of energy economics and market fundamentals, energy systems operation and/or engineering.
- Knowledge of PLEXOS or other mathematically based optimisation tools.
- Experience with ENTSO‑E working groups, particularly around the TYNDP or ERAA studies.