Market Analytics Analyst

Ørsted•Chicago, MI

About The Position

Establish and manage projects focused on research, market model development, and technology deployment to deliver critical insights for decision-makers across the commercial timeline for storage, wind, and solar assets. Develop analytical tools to support the region’s storage ambitions while also providing insights into key market components influencing the development of battery energy storage systems (BESS). Develop and refine BESS optimization frameworks, integrating cross-functional insights into battery trading strategies to maximize commercial value. Provide strategic investment guidance and portfolio capacity recommendations based on forward-looking storage analytics. Develop forecasting models for storage performance by incorporating evolving market trends, operational constraints, and pricing scenarios. Incorporate modeling techniques to advise on option value pricing for solar and wind power purchase agreements (PPA). Design and implement models to assess the diversification and risk hedging impact of new and existing assets in the portfolio. Build expertise in fundamental market drivers, pricing dynamics across power and lithium markets, and key trading strategies. Develop and implement new analytical models and tools across commercial and trading/operations environments. Oversee the creation and operation of dashboards tracking real-time and historical generation-weighted pricing metrics and BESS spread performance for both operating and pipeline assets. Partner with technical and business stakeholders to resolve complex data issues and ensure continuity of analytical workflows.

Requirements

Master’s degree (or foreign equivalent) in data science, statistics, mathematics, computer science, or related field.
Requires knowledge of SQL, Python, and R; predictive modeling; and time series forecasting.
Requires experience in conducting feasibility studies; financial analysis; establishing market strategies; optimization techniques (linear and nonlinear programming); advanced analytical methods for forecasting revenue; developing and implementing statistical algorithms, including market simulation; and developing and deploying dashboards, market models, analytical tools, and optimization frameworks to evaluate market dynamics and asset development.

Responsibilities

Establish and manage projects focused on research, market model development, and technology deployment to deliver critical insights for decision-makers across the commercial timeline for storage, wind, and solar assets.
Develop analytical tools to support the region’s storage ambitions while also providing insights into key market components influencing the development of battery energy storage systems (BESS).
Develop and refine BESS optimization frameworks, integrating cross-functional insights into battery trading strategies to maximize commercial value.
Provide strategic investment guidance and portfolio capacity recommendations based on forward-looking storage analytics.
Develop forecasting models for storage performance by incorporating evolving market trends, operational constraints, and pricing scenarios.
Incorporate modeling techniques to advise on option value pricing for solar and wind power purchase agreements (PPA).
Design and implement models to assess the diversification and risk hedging impact of new and existing assets in the portfolio.
Build expertise in fundamental market drivers, pricing dynamics across power and lithium markets, and key trading strategies.
Develop and implement new analytical models and tools across commercial and trading/operations environments.
Oversee the creation and operation of dashboards tracking real-time and historical generation-weighted pricing metrics and BESS spread performance for both operating and pipeline assets.
Partner with technical and business stakeholders to resolve complex data issues and ensure continuity of analytical workflows.