Senior Research Associate, Market Fundamentals

  • Research, Software
  • Full time
  • 3 months ago
  • MA
  • OnSite

Job Description


Position Overview As a Senior Research Associate on the Power Markets Research team, you will be responsible for helping to improve REsurety’s power price and carbon emission impact forecasting capabilities. REsurety’s customers include large clean energy buyers, sellers, and investors. You will be responsible for increasing the accuracy, applicability, and commercial value of the power market and emissions forecast results across the customer base. You will work with members of REsurety’s Research, Engineering, Customer Experience, and Product teams to innovate and collaborate on the direction and strategy for REsurety’s fundamentals modeling capabilities.

REsurety uses its unique Weather-Smart approach to fundamentals modeling to provide best-in-class forecasts of renewable energy value and risk for our customers. This role will give you the opportunity to work closely with and collaborate with experts in renewable energy, meteorology, electricity system design, fundamentals modeling, and data analysis. At REsurety, you will also be exposed to concepts and processes from software engineering and product development with the fundamentals models providing a key input to our software products.

Key Responsibilities

  • Expand REsurety”s fundamentals and/or statistical power price and carbon modeling capabilities
  • Keep models up to date given changing market fundamentals and rules
  • Implement regular updates to the power market fundamental assumptions underpinning our forecasts, ensuring the latest information, data, policy and regulations are appropriately represented
  • Identify and integrate relevant data inputs to improve the quality of our models
  • Evaluate model results to ensure quality of our processes and identify areas for improvement
  • Interpret model outputs and implement changes to ensure realistic results that are well-calibrated to observed outcomes
  • Communicate results and conclusions with internal and external customers
  • Participate in thought leadership opportunities to develop and share commercial insights and value from REsurety’s power market models
  • Drive innovation within REsurety’s power market fundamentals modeling capabilities to continually increase their value for our customers
  • Work with Research, Engineering, and Product team members to further develop and refine our modeling platform

Required Experience & Qualifications

  • Experience using a programming language to manipulate, analyze, and visualize data
  • Bachelor’s or Graduate degree in a technical field
  • 3+ years of experience with power market fundamentals modeling software (e.g., PSO, PLEXOS)
  • A strong understanding of the functioning of one or more North American wholesale electricity markets
  • Excellent teamwork, communication and presentation skills
  • A passion for driving down the cost of energy from renewable sources

Preferred Qualifications

  • Experience with R, Python, or SQL
  • Experience using Machine Learning in an applied setting
  • Experience with capacity expansion modeling
  • Experience with fundamentals modeling in ERCOT

Details

  • Location: Boston, MA
  • Our organization works on a hybrid model. We are in the office on Mondays, Tuesdays, and Thursdays at our downtown Boston building, remote optional on Wednesdays and Fridays.

Learn more about working at REsurety and our benefits information on our Careers page.

About REsurety, Inc.

Company Overview

REsurety is a mission-driven organization dedicated to accelerating the world’s transition to a zero-carbon future. We provide software and services to support both the financial and sustainability goals of clean energy buyers, sellers, and investors. Our software offers data-driven insights at various stages of the project lifecycle from initial exploration to portfolio management. Our services leverage our domain expertise and deliver solutions tailored to the unique needs of our customers.

We are a small team with a big impact! Our culture is open and collaborative. We expect excellence from our team members and reward it with high ownership and flexibility. If you’re a high-achiever with a passion for clean energy, we want to hear from you.

Company Values And Principles

At REsurety, we value the skills of execution, creativity & ownership, commercial focus, and teamwork, and we help and encourage all team members to develop these skills while at REsurety.

About

Our values also shape our culture and act as the foundation for our principles. Like all great companies, we strive to hire the best and are committed to building a diverse, inclusive company where team members feel engaged, valued, and supported. What is special about REsurety, though, is how much we:

  • Share information openly, broadly and deliberately with each other;
  • Encourage ownership by all team members;
  • Provide continuous, constructive feedback; and
  • Empower all team members to bring their full, authentic selves to work.

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