Market Analyst, Modeling (CAISO / SPP)
Modo Energy•New York, NY
•$110,000 - $170,000•Hybrid
About The Position
Modo's models tell clients where to build assets, how they will operate, and what they are worth. This role builds them. The work spans capacity expansion, dispatch and price models, all running inside the Modo platform. You will own a piece of it: a market, a model, or a part of the stack, and take it from a question about how the market behaves through to code that runs in production.
Requirements
- Degree in engineering, maths, physics, economics, or a related field
- 2+ years in power market modeling, analytics, or a quantitative role in energy
- You write Python that other people can run, and you work in git
- You can write and debug an optimization problem — unit commitment, dispatch, or similar
- You know how at least one US power market clears energy and ancillary services
- You can take a vague question about market behaviour and turn it into something you can model
- You say when a result looks wrong rather than shipping it
Nice To Haves
- Experience with battery storage dispatch or revenue modeling
- Experience with an optimization library such as Linopy, Pyomo or PuLP
- Experience with nodal pricing, PTDFs, or transmission-constrained dispatch
- Experience working with large time series datasets in SQL
Responsibilities
- Build models. Write and maintain the dispatch, price and capacity expansion models for the markets you cover.
- Learn your markets. Know how your ISOs clear energy and ancillary services, and what changed last month.
- Test your own work. Backtest against market outturn, find where the model is wrong, and fix it.
- Explain the results. Show colleagues and clients why the model produced the number it produced.
- Work with other teams: Research - take their read on what is changing in the market and build it into what you model. Engineering - tell them what the modeling stack needs. You are the user of what they build. Revenue - join technical sales and post-sales calls when clients want to understand the method.
Benefits
- 25 days PTO plus 10 paid Holidays annually
- 100% employer paid medical, dental and vision coverage
- 401(k) with matching
- Equity for every employee
- Top-of-market compensation
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
