Renewable Energy Business Analyst (PJM Market Specialist)

Location: Arlington, VA

About the Company:

Energix Renewables is headquartered in Arlington, Virginia, and is the subsidiary of an Israeli publicly traded renewable energy company (TASE:ENRG). We are an independent power producer that originates, develops, constructs, owns, and operates renewable energy projects in the US. We use our financial stability and extensive project-management experience to build projects that create long-term value for local communities, landowners, our stakeholders, and the environment. Our work is based on a set of core values: professionalism, transparency, and loyalty.

Job Summary:

We are seeking a highly skilled Renewable Energy Business Analyst with a strong background in the PJM market to join the Asset Management team. The ideal candidate will possess deep knowledge of the PJM market operations, regulations, and market strategies. They will be responsible for analyzing market trends, evaluating business opportunities, especially, in solar PV and energy storage, and providing strategic recommendations to support our growing renewable portfolio in the PJM territory.

Key Responsibilities:

Site Optimization Analysis

• Analyze solar sites’ economics, including costs, revenues, and profitability in the context of PJM market conditions, and assist in finding method to optimize revenues.
• Work with the O&M team to optimize maintenance activities to minimize lost revenue.
• Maintain and manage databases related to market data, project performance, and regulatory compliance.
• Develop and update period reports and dashboard (daily, weekly, monthly) highlighting sites’ performance.

Management of Power Purchase Agreements

• Manage deliverables for the Company’s current commercial agreements, especially, PPAs (power purchase agreements) and hedging agreements.
• Work with the Finance Team and O&M Team to obtain required information, manage relationship with PPA counterparties and inform management of issues arising under those agreements.
• Streamline the implementation of upcoming PPAs; work directly with PPA counterparties and internal teams to ensure smooth implementation.

Regulatory Compliance:

• Ensure compliance with PJM and FERC (Federal Energy Regulatory Commission) market rules and regulations.

Qualifications:

• Bachelor’s degree in Business, Economics, Finance, Energy Management, or a related field. Master’s degree preferred.
• 3-5 years of experience in the energy sector, with a focus on the PJM market.
• Strong understanding of PJM market operations, regulatory environment, and market dynamics.
• Proven experience in market analysis, financial modeling, and business strategy development.
• Excellent analytical, problem-solving, and quantitative skills.
• Proficiency in data analysis tools and software (e.g., Excel, SQL, Python, R).
• Strong communication and presentation skills, with the ability to convey complex information to a diverse audience.
• Ability to work independently and collaboratively in a fast-paced environment.

Preferred Skills:

• Experience with renewable energy projects, with focus on solar PV and BESS.
• Familiarity with energy trading and risk management practices.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive health, dental, and vision insurance.
• Retirement savings plan with company match.
• Strong community of professionals and colleagues, professional development opportunities and career growth.

Diversity and Inclusion

Energix is an Equal Opportunity Employer. Energix does not and will not discriminate on the basis of race, color, religion or creed, gender, gender expression, age, national origin or ancestry, disability, marital status, sexual orientation, military status, or any other characteristic in any of its activities or operations, including employment decisions, selection of vendors and clients, and provision of services. We are committed to providing an inclusive and welcoming environment for all members of the Energix team, as well as with our contractors, vendors, and clients.