Power Market Simulation/ Forecasting Expert

Xodus GroupWorcester, MA
$95,000 - $125,000Hybrid

About The Position

Daymark Energy Advisors is seeking an exceptional candidate with expertise in power market modeling, zonal and/or nodal simulation, and forecasting to join their growing consultancy team. The Power Market Simulation/Forecasting Expert will contribute to meeting clients' increasing need for insights into the evolving power markets. Daymark provides comprehensive solutions by combining rigorous analytical methodology with knowledge of RTO/ISO operations, market rules, transmission planning, policies, and regulatory structures. They partner with developers, utilities, large loads, and state agencies, applying innovative thinking to decarbonize the power sector. The role offers a challenging and rewarding environment for individuals passionate about the energy industry, who enjoy working collaboratively with clients and colleagues, and are high performers with a history of professional excellence. Daymark fosters an inclusive and affirming environment that supports professional growth and rewards entrepreneurial risk-taking. Ideal candidates will have a desire to work in a team-oriented environment and experience in both participating in and leading teams. Daymark Energy Advisors is part of the Xodus Group. The successful candidate will work closely with Daymark’s dynamic team of analysts, consultants, trusted advisors, and practice area leads to deliver advice and analysis to clients across the U.S. and Canada, assisting them in evaluating options and navigating the complexities of the power sector.

Requirements

  • A bachelor’s degree, or master’s degree, in mathematics, economics, engineering (electrical preferred), or similar quantitative field.
  • Three to 10 years’ professional experience operating zonal or nodal market simulation models in industry recognized products such as PLEXOS, ProMod, EnCompass.
  • Advanced Excel skills.
  • Demonstrated experience, via current or past work experience, in one or more North American power market (e.g., ERCOT, ISO New England, NYISO).
  • Analytical skills, sound judgment, creative problem solving, and commercial awareness.
  • Ability to communicate at all levels in the organization and externally with clients, both verbal and written.
  • Ability to manage and lead small teams of analysts to execute deliverables.
  • Ability to work collaboratively within a small team to develop and rapidly iterate on technical views to incorporate feedback from internal and external parties.
  • Ability to advance new technical solutions (e.g., model improvements, analytics) with limited guidance.

Nice To Haves

  • Prior PLEXOS experience is preferred.
  • Familiarity with congestion curtailment analysis, capacity expansion methodologies, battery optimization modeling, and/or GIS a plus.
  • Experience using PLEXOS API/Cloud SDK and automating data workflows is a plus.
  • Prior consulting experience is strongly preferred.
  • Demonstrated ability to work in Python or R is preferred.

Responsibilities

  • Perform power market model-based price forecasts and analyses of the evolving power system landscape using the PLEXOS software by Energy Exemplar in both zonal and nodal configurations, based on solid fundamental understanding of power markets and modeling best practices.
  • Lead, supervise, and support teams in market research, data acquisition, model updates, data reporting, and visual graphics creation, primarily using Excel and scripting.
  • Identify impactful work initiatives and take responsibility to usher them to completion in an effective manner, engaging with clients and project teams, as appropriate.
  • Provide analysis and expertise to enhance the firm’s market analytics and consulting activities.
  • Maintain and improve energy market and power system databases.
  • Consider and/or develop methodologies for proprietary models for use in providing power market-related services to clients.
  • Project management and project oversight responsibilities for projects ranging in size and complexity.

Benefits

  • Collaborative and supportive work environment
  • Participation in our 401(k) plan, including company matching
  • Comprehensive group health and dental plans
  • Flexible spending accounts for health and dependent care
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