Posted in

Principal Market Analyst – Battery Storage

Principal Market Analyst – Battery Storage

CompanyPlus Power
LocationThe Woodlands, TX, USA
Salary$145000 – $145000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Bachelor’s degree in engineering, economics or related field; advanced degree preferred
  • 7+ years of applicable experience in optimization, production cost simulations (Dayzer, Aurora, etc.), energy markets (especially ERCOT), quantitative analysis, and/or BESS analysis
  • Proficiency in Python, strong understanding of data analysis techniques, ability to connect databases to modeling tools using SQL
  • Strong knowledge of energy markets, locational marginal price formation and congestion decomposition
  • Ability to explain complex technical analysis in a simplified matter to the internal management team and/or external parties
  • Demonstrated ability to work collaboratively and effectively in a cross-functional environment with both technical and non-technical team members who are geographically dispersed
  • Demonstrated ability to manage multiple projects and deliverables in a dynamic, fast paced environment
  • Excellent written and verbal communication skills, with the ability to present complex technical information to diverse audiences
  • Strong analytical and problem-solving skills with a data-driven approach to decision-making
  • Intermediate to advanced proficiency in the Microsoft suite of tools and applications including Outlook, Word, PowerPoint, Excel, and Power BI

Responsibilities

  • Benchmark and enhance the company’s proprietary battery dispatch modeling platform and lead various back-cast analyses in support of market analysis, project siting, M&A, and finance processes
  • Update the ERCOT BESS performance dashboard, analyze market conditions and bidding behaviors, track market rule changes, and recommend risk-adjusted trading strategy improvement
  • Execute fundamentals-based price forecast process, provide recommendation for improvement, and support the DA/RT bids formulation
  • Utilize internal and external (YES Energy, ISO/RTOs, ICE, etc.) data sets to develop data-driven models and drive insights regarding market trend and strategies
  • Collaborate with Fundamentals Analysis team in support of the long-term BESS revenue forecasts
  • Collaborate with trading, data science and commercial teams to conduct specific analyses

Preferred Qualifications

    No preferred qualifications provided.