Energy Markets Consultant/Senior Energy Markets Consultant

ICF • Reston, VA

3d • Remote

About The Position

ICF is seeking an Energy Markets Consultant / Senior Consultant to join our growing Power Markets practice. In this role, you will work with leading energy industry participants to evaluate investment opportunities, forecast market outcomes, assess risks, and develop strategies in an increasingly complex energy environment. You will contribute to projects involving power market forecasting, asset valuation, transmission and interconnection analysis, renewable energy development, battery energy storage systems (BESS), resource adequacy, data center load growth, and energy transition initiatives. Working alongside experienced industry professionals, you will gain exposure to a broad range of technical, financial, and strategic issues affecting U.S. electricity markets while developing expertise that directly influences major investment and business decisions.

Requirements

• Bachelor's degree or Master’s degree in Engineering, Economics, Finance, Operations Research, Mathematics, Energy Systems, Statistics, or a related quantitative field
• For Consultant: Bachelor’s degree AND 2 to 4+ years of experience in energy markets, power systems, energy economics, market analysis, consulting, trading, utility planning, or a related field
• For Consultant: Master’s degree AND 1 to 3+ years of experience in energy markets, power systems, energy economics, market analysis, consulting, trading, utility planning, or a related field
• For Senior Consultant: Bachelor’s degree AND 5 to 8+ years of experience in energy markets, power systems, energy economics, market analysis, consulting, trading, utility planning, or a related field
• For Senior Consultant: Master’s degree AND 4 to 7+ years of experience in energy markets, power systems, energy economics, market analysis, consulting, trading, utility planning, or a related field
• Analytical and problem-solving skill experience
• Experience using Excel and quantitative analysis tools
• Experience with Python, R, SQL, or similar programming languages

Nice To Haves

• Experience with power market simulation and forecasting tools such as PROMOD®, PLEXOS®, Aurora®, PSLF®, or similar platforms
• Understanding of U.S. wholesale power markets, market design, transmission systems, resource adequacy, and generation economics
• Experience supporting renewable energy, battery storage, transmission, utility, or infrastructure investment projects
• Knowledge of asset valuation, project finance, M&A due diligence, or investment analysis
• Experience using Python, R, SQL, Power BI, or other advanced analytical tools
• Experience leveraging artificial intelligence (AI), machine learning, generative AI, and AI-enabled productivity tools (e.g., Microsoft Copilot) to improve market analysis, research, forecasting, data processing, automation, and client deliverables
• Interest in emerging topics including energy transition, data center load growth, electrification, battery storage, transmission expansion, and grid modernization

Responsibilities

• Perform quantitative, economic, and technical analyses of U.S. power markets using commercial market models, proprietary tools, and large datasets.
• Develop long-term forecasts of energy, capacity, ancillary service, and renewable energy market outcomes.
• Evaluate renewable energy, battery storage, conventional generation, transmission, and emerging energy investments.
• Analyze market fundamentals including load growth, fuel prices, transmission congestion, generation retirements, policy changes, and new resource additions.
• Support interconnection and transmission analyses, including assessments of queue activity, network upgrade costs, congestion impacts, and project economics.
• Assist with asset valuations, project financing analyses, acquisition due diligence, and M&A support engagements.
• Collaborate with colleagues to enhance ICF's proprietary forecasting methodologies, databases, and analytical tools.
• Prepare client presentations, technical reports, and market insights that effectively communicate complex findings to diverse audiences.
• Support business development initiatives through market research, proposal preparation, conference participation, and thought leadership.

Benefits

• ICF is a global advisory and technology services provider, but we’re not your typical consultants. We combine unmatched expertise with cutting-edge technology to help clients solve their most complex challenges, navigate change, and shape the future.
• We can only solve the world's toughest challenges by building a workplace that allows everyone to thrive.
• We are an equal opportunity employer.
• Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals.
• Read more about workplace discrimination rights or our benefit offerings which are included in the Transparency in (Benefits) Coverage Act.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level