About the role
Key Accountabilities and Duties
Accountabilities
- Reporting to Director of Datasets
- This role oversees production of energy market fundamental model components and standalone models working out of our Pune office using PLEXOS and Aurora
Day to day duties
- Work in a team of energy data analysts
- Responsible for ensuring the completion and delivery of accurate updates of specific fundamental data work products as part of PLEXOS and Aurora dataset development
- Responsible for leading power markets research, analyzing and manipulating data and processing data for input into power market models
- Benchmarking etc. end-to-end process of creation and upgrading of production cost models
- Responsible for maintaining large databases of energy related data. Data sources include data-providers, industry publications, regulatory agencies and web research.
- Running PLEXOS and/or Aurora and interpreting output model results and energy balances
- Comparing models and reviewing preliminary forecast output results for inconsistencies to ensure deliveries meet product scopes and specifications
- Problem solving and interpretation of market models and ability to detect errors and omissions
- Troubleshoot market models and intermediate work products for errors, omissions, and improvements.
Foundation Skills and Knowledge:
- An extensive background in energy market modelling
- High level of numeracy, computer, and web literacy.
- A firm understanding of energy economics for power market fundamentals and economic concepts of power markets (and ability to explain these): Reserve Margins, Implied Market Heat Rate, Spark/Dark Spread, etc…
- Knowledge of production cost modelling software’s like PLEXOS (preferred), Aurora or Promod, or similar are required
- Good Knowledge of Power Plant/Natural Gas Economics, Power Systems, Gas supply chain, Operation research/Optimization techniques, statistics, and Energy (Power &/ Gas) Markets/Industry is required
- Demonstrated ability to work autonomously and see projects/assignments through from start to finish.
- Self-starter, organized, persistent, goal driven, has a can-do attitude, takes challenges as opportunities to perform and add value
- Demonstrated ability to delegate responsibilities and to manage diverse overlapping projects
- Diligent, systematic, and pays attention to detail to ensure work accuracy and quality
- Continuously looks at ways to add value to the company by taking the initiative in improving processes and identifying business opportunities
- Excellent problem solver
- Punctual, Professional work and phone etiquette
Candidate Requirements & Qualifications
- 8-10 years of experience with Energy Modelling and Power Market Analysis
- Knowledge of or experience working in several North American, European or Asian power markets.
- Experience in APAC – Indian, Japan or Philippines short- and medium-term energy trading markets.
- Strong analytical and problem-solving skills with the ability to research and learn new techniques
- Experience in creating and analysing energy data sets for power models
- Experience working at a market operator, project developer, or at a utility in planning or commercial operations would be an asset
- Consulting work experience providing fundamental analysis and expert opinion for project valuations desirable
- Knowledge of one or more energy economic modelling tools: PLEXOS, Aurora, PROMOD, PSO, MarketAnalytics and/or PROSYM
- Strong organizational skills, familiarity with Agile/Sprint Best Practices
- Expert skills using Excel, Power BI and similar tools
Qualifications:
- Master’s degree or Ph.D in Economics (preferred), Electric Engineering (Transmission preferred), or Mathematics