Advisor, Energy Markets and Optimization

Clean Power Alliance

3h•$138,010 - $207,014•Hybrid

About The Position

CPA is seeking an Advisor, Energy Markets and Optimization to shape how its clean energy portfolio performs in the California Independent System Operator (CAISO) market. In this role, you will build and apply models to optimize portfolio value, evaluate congestion and market risk, inform bidding and Congestion Revenue Rights (CRR) strategies, and assess the impacts of market policy and design changes, with a focus on storage resources. You will translate complex market and policy drivers into clear recommendations that help CPA manage risk and improve financial performance.

Requirements

Proficient with Microsoft Office Suite and data visualization tools, or related software.
Ability to act with integrity, professionalism, and confidentiality
Ability to fully own tasks and processes with minimal oversight
Ability to handle multiple priorities to meet deadlines and escalate key issues
Strong written and verbal communication skills, with experience producing executive-level reports.
Understanding of CAISO market mechanics, including bidding, outages, telemetry, settlements, RA compliance, and CRR markets.
Experience with Battery Energy Storage operations in CAISO.
Experience with modeling and valuation of electricity products and physical resource assets.
Collaborative, detail-oriented, and proactive with a continuous improvement mindset.
A bachelor's degree and at least 5 years of experience in energy trading, compliance, market operations, or planning.
Deep understanding of California ISO (CAISO) and bilateral wholesale electricity markets, including energy, resource adequacy, renewables, demand response, and carbon-free products.
Must be able to work at a desk and on a computer for prolonged periods

Nice To Haves

Working knowledge of CAISO systems and tools such as OMS, Master File, CMRI, OASIS, CIRA, SIBR, and CIDI.
Experience with modeling tools such as Plexos.
Experience working with third-party Scheduling Coordinators and supporting CAISO data requests and filings is a plus.
CCA experience is a plus.

Responsibilities

Portfolio Operations and Optimization: Develop and apply analytical models and optimization frameworks to review resource availability, outages, bidding outcomes, and market performance. Identify portfolio risks and opportunities and provide independent recommendations to leadership to improve portfolio performance and value with a focus on storage resources. Work in partnership with CPA’s third-party scheduling coordinator and optimization vendor to perform asset and portfolio management activities.
Performance Reporting and Analytics: Develop, implement, and enhance after-the-fact analysis and performance reporting of CPA’s resources and portfolio to inform Power Supply and executives decision-making around portfolio economics, risk exposure, and market performance outcomes. Coordinate with Data and Systems team to ensure critical performance and operations data is properly maintained in CPA’s data warehouse.
Resource Onboarding: Responsible for ensuring resources meet operational, systems, and contractual requirements and are effectively integrated into CPA’s portfolio. Provide subject matter expertise to internal and external stakeholders to support the onboarding of clean energy resources through CAISO’s New Resource Implementation (NRI) process. This includes coordination between the supplier, CAISO, CPA’s scheduling coordinator, and internal teams.
Energy Policy and Market Changes: Serve as a technical advisor and liaison with CAISO and other wholesale energy market organizations including CalCCA and WPTF. Monitor, interpret, and assess CAISO’s policy changes, Business Practice Manual (BPM) updates, and market redesign initiatives, particularly as they relate to CPA’s portfolio. Analyze the operational, financial, and portfolio impacts of current and future market changes, provide Power Supply and Regulatory teams with feedback and recommendations, advocate for market improvements, and develop implementation strategies to ensure CPA’s processes, related applications, and bidding strategy remains aligned with evolving market requirements.
Congestion Revenue Rights (CRR) Strategy and Risk Management: Lead CPA’s CRR program, including development and maintenance of CRR models, evaluation of monthly and annual CRR strategies to optimize benefits to CPA’s customers, and analysis of CRR performance and congestion risk exposure. Support CRR submissions, assess auction outcomes, and provide recommendations to optimize portfolio value while aligning with CPA’s risk management policy. Partner with internal stakeholders to evaluate congestion risk and hedge effectiveness.
Management Support: Prepare clear, decision-focused analyses, reports, and presentations for management and Board-level communications. Act as a trusted advisor by providing independent judgment and subject matter expertise on CAISO markets, optimization strategies, CRR risk management, and market design issues.
Continuous Improvement: Create, enhance, document, and manage continuous improvement initiatives across resource operations and optimization, CRR management, and reporting and analytics. Responsible for identifying inefficiencies, proposing solutions to senior leadership, and leading the implementation of new tools, automation, and reporting frameworks that enable the team to scale and improve market operations.
Other duties as assigned