Power Market Analyst

TotalEnergies•Houston, TX

59d

About The Position

By affirming its ambition to be a major player in the energy transition and committing to a carbon-neutral approach in collaboration with society, TotalEnergies has dedicated itself to profoundly transforming its production and sales operations, while continuing to meet the energy needs of a growing global population To do that, we are reinventing and diversifying our energy offering to promote renewable and decarbonized energies, as well as sparing, well-considered use of fossil energies. Since the beginning of the decade, we have moved resolutely to transform our energy model in order to become a multi-energy company and major player in the energy transition. Building and Sharing Power Market knowledge in ERCOT is one of the pillars of the Flexible Power & Integration Power Business Unit, a newly created entity in the US. It is one of the foundation stones for TotalEnergies' Power Businesses to be able to reach more than 10% return on the Integrated Power Business. The Power Market Analyst provides critical insights to optimize our investments, support the portfolio management in the optimization of our assets, and our CPPA team.

Requirements

Bachelor's or Master's degree in Economics, Finance, Engineering, or a related field.
3-5 years of proven experience in power market analysis or a similar analytical role within the energy sector.
3-5 years of fundamental market modeling experience.
Strong industry awareness with a demonstrated track record in the power market domain.
Deep understanding of the ERCOT market, including electricity pricing, market fundamentals, regulatory frameworks, and policy dynamics.
Proficiency in statistical analysis, forecasting techniques, and data modeling.
Excellent communication and presentation skills, with the ability to convey complex information clearly to both technical and non-technical audiences.

Nice To Haves

Familiarity with energy industry trends, renewable energy technologies, and environmental regulations is highly desirable.
Experience with statistical tools such as Python, R, or MATLAB, and modeling software like BID3, PLEXOS, or PSO is a plus.

Responsibilities

Collaboration and Stakeholder Management: Collaborate closely with cross-functional teams, including market analysis, country experts, trading, portfolio management, and regulatory teams, to align market analysis and modelling activities with overall business objectives. Effectively communicate with senior management and other stakeholders to get insights and recommendations.
Market Analysis, Asset Analysis and Benchmarking: Conduct in-depth analysis of the power markets of your perimeter, including supply-demand dynamics, price trends, regulatory changes, and technologies, benchmark internal and external scenarios and be able to explain the differences.
Data Collection and Management: Collect and organize relevant data from various sources, including market reports, databases, and internal systems. Ensure data accuracy and integrity and develop robust methodologies for data analysis and interpretation.
Model Use: Use and master accurate models and algorithms to forecast power market conditions, load profiles, renewable energy integration, and capacity requirements.
Industry Awareness: Stay abreast of industry trends, regulatory developments, and emerging technologies in the power sector. Participate at industry conferences, events, and regulatory forums. Share market analysis expertise internally, positioning the team as a thought leader in the power market domain.