Energy Market Analyst

The Energy Authority

  • Full time
  • 4 months ago
  • Bellevue,WA
  • OnSite

Job Description

***TEA is willing to consider full-time remote employment for qualified candidates.
***TEA is willing to provide employment sponsorship (H1B / Green Card) for qualified candidates.

About The Energy Authority

The Energy Authority is a public power-owned, nonprofit corporation with offices in Jacksonville, Florida, and Bellevue (Seattle), Washington. TEA provides public power utilities with access to advanced resources and technology systems so they can respond competitively in the changing energy markets. Through partnership with TEA, utilities benefit from an experienced organization that is singularly focused on deriving the maximum value of their assets from the market.

TEA Values

TEA employees share a common sense of purpose. When TEA accomplishes its mission, the result is improved quality of life for the citizens and businesses of the communities our clients serve.

TEA employees exceed the expectations of those they serve, deliver services with the highest standards of fair, honest, and ethical behavior, set the standard for service and expertise in our industry, embody a spirit of collaboration, and embrace TEAs founding entrepreneurial spirit by seizing opportunities to deliver value.

If you are self-motivated, driven to deliver excellence, and passionate about your career, TEA is the perfect place for you.

Its YOUR Future. Its OUR Future.


Join Our Team as an Energy Market Analyst

Are you ready to tackle complex challenges in the energy markets? Join TEAs Corporate Analytics team, where diverse backgrounds and unique skillsets converge to solve technical problems that shape the future of the industry. We are seeking a motivated, self-driven Energy Market Analyst to help manage FTR portfolios for our members and clients, provide strategic recommendations, and drive innovation in energy market analysis.

What Youll Do:

  • Manage financial transmission rights (FTR) portfolios, offering expertise and strategic recommendations for FTR allocation and auction processes.
  • Use advanced tools to simulate network congestion, analyze trends, and provide actionable client insights.
  • Forecast energy prices across various time horizons using both fundamental and data science models.
  • Build and maintain software tools and data pipelines to enhance energy market analysis.
  • Evaluate the impact of market design changes and new infrastructure on energy prices.
  • Assist in evaluating RFPs for renewables, storage, and transmission projects.
  • Monitor RTO market changes and communicate insights effectively to clients and internal teams.

What Youll Bring:

  • Education: Bachelors degree in Electrical Engineering, Quantitative Finance, Computer Science, Data Science, Operations Research, Economics, Math, or a related quantitative field. A Masters degree or higher is preferred if you have no prior full-time work experience.
  • Experience:
    • Junior-Level: Minimum 6 months of relevant experience in the electric utility industry. Knowledge of congestion rights (ARRs, FTRs, CRRs, TCRs, TCCs) is preferred.
    • Senior-Level: Minimum 3 years of experience with a focus on congestion rights and/or power system software development. Proficiency in R or Python is highly valued.
  • Skills:
    • Proficiency in programming languages like R or Python.
    • Experience with power system software tools (PSS/E, PowerWorld, PROMOD, etc.) is a plus.
    • Ability to work independently, manage multiple tasks, and deliver detail-oriented results.

Compensation: This position can be based in either our Jacksonville, FL office or Bellevue, WA office. Compensation is based on role, level, and location:

  • Bellevue, WA:
    • Entry Level: $75,396 – $102,006
    • Mid-Level: $86,705 – $134,903
    • Senior Level: $113,338 – $176,341

Each role includes an annual target short-term incentive rate of 15% of base salary based on corporate, team, and individual performance.

Benefits:

  • Paid time off beginning at 17 days per year
  • Nine paid holidays
  • 401(a) employer contribution and 457(b) deferred compensation retirement savings plans
  • Medical, dental, vision, life, AD&D, and disability insurance
  • Health savings and flexible spending accounts

Why TEA? At TEA, we offer a dynamic work environment with a great work-life balance, high visibility to senior executives, and exposure to clients. Youll have the chance to learn something new every day and make a significant impact on the industry.

Ready to make an impact? Join us and never be bored again!

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