Senior Energy Market Analyst

NewGrid

  • Full time
  • 2 months ago
  • Somerville,MA
  • OnSite

Job Description

Please send your resume to [email protected], referencing the Sr. Energy Market Analyst
position in the email subject.

NewGrid is a MA-based cleantech software and services startup set on making the bulk
electricity grid more efficient, reliable, and green energy friendly. NewGrids optimization
software technology enables a significant increase in the utilization and transfer capacity of
the transmission grid by re-routing flow around congested bottlenecks. The transmission
capacity unlocked by NewGrid software increases access of renewable resources to the
power grid while improving grid reliability and reducing electricity costs.

Our team is made of engineers, researchers, software developers and economists who jointly
have decades of experience in power systems and energy markets analysis and design.
NewGrids founders are at the forefront of electricity industry innovation and have
successfully launched other startups. With DOE ARPA-E support and collaborating with the
largest grid operators in the US, our founders led the first ever team to identify and
implement practical grid reconfigurations for application to large-scale power systems.

NewGrid clients and partners include power system operators in North America and Europe,
electricity transmission companies, international renewable energy companies, and
consulting firms serving the utility industry.

NewGrid is actively engaged in the cleantech ecosystem in the US and abroad. NewGrid is a
member of Greentown Labs, the largest cleantech startup incubator in the United States, and
a founding member of the WATT coalition of advanced transmission technology companies.
NewGrid has been supported by DOE ARPA-E, MassCEC, MassVentures and NSF.

A senior analyst works closely with senior staff and team members in executing project-
driven assignments with varying levels of client exposure and technical complexity. A typical
assignment begins with understanding the problem by conducting comprehensive market
research, continues with discrete quantitative and analytical tasks, and concludes with the
interpretation and documentation of results for subsequent tasks or presentation to team
members and clients. Analysts also contribute toward the development of key deliverable
documents and may participate in business development activities.

NewGrid offers a highly collaborative and research-oriented work environment with access
to highly experienced energy experts, an excellent platform for personal and professional
growth, and the opportunity to work on impactful projects on the cutting edge of the energy
transition.

RESPONSIBILITIES:

  • Developing and using power system optimization models for consulting projects.
  • Mentoring junior analysts and providing a pair of critical eyes to review and audit work

products prepared by junior team members.

  • Examining market trends and conditions through targeted research.
  • Conducting data analysis tasks using MS Excel as well as Python, R, SQL, VBA, etc.
  • Presenting analytical results to team members and clients.
  • Collaborating with team members to prepare reports, presentations, and other client

deliverables.

MINIMUM QUALIFICATIONS:

  • At least two years professional experience in engineering related consulting, systems

engineering, or data analysis combined with a strong demonstrated interest in the
energy industry.

  • At least two years’ experience developing and using power system simulation models

(ENELYTIX, PSO, AURORA, PROMOD, PLEXOS, etc.) for capacity expansion and
production cost modeling.

  • Demonstrated ability to process and analyze large datasets using Python (pandas), R,

and/or SQL.

  • Knowledge of North American power market trends, regulations, and data sources.
  • Basic understanding of optimization modeling as it relates to electricity markets

(constraints and shadow pricing), microeconomics (supply and demand), and
elementary finance (net present value calculations).

  • High proficiency in MS Excel and MS PowerPoint.

PREFERRED QUALIFICATIONS:

  • Experience in regional transmission organizations wholesale market operations.
  • Experience with PowerWorld Simulator.
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