Analyst, Market Operations and Optimization

Northland Power Inc.; Toronto; Hybrid; CAD 81,000 - 101,000; Full time

Benefits offered by this job

RRSP matching 8%

Extended health, dental and vision

Paid parental leave

Birthday off + 3 extra days off

Job summary

Northland Power Inc. is seeking an Analyst, Market Operations & Optimization to optimize its generation and energy storage portfolio across electricity markets.

You’ll build analytical tools, model optimization, and support commercial decisions with data-driven insights. The role collaborates with Operations and Asset Management and requires in‑person work in Toronto four days a week with one flexible day remote.

Qualifications

• Bachelor's or Master's degree in a quantitative field as listed.
• 1–3 years of experience in electricity markets, energy trading, energy storage or related.
• Experience with mathematical programming optimization (LP, MILP, NLP) and with Pyomo, Gurobi, CPLEX or OR-Tools.
• Strong Python programming for data analysis, modeling and automation.
• Strong SQL skills and ability to query and manage large datasets.
• Understanding of wholesale electricity markets and related concepts.
• Strong analytical and communication skills to translate results into business recommendations.

Responsibilities

• Analyze electricity-market prices, congestion and ancillary services to identify opportunities and risks.
• Perform asset and portfolio‑level analyses, including DA/RT performance and revenue attribution.
• Develop and maintain optimization models for dispatch strategies and market participation.
• Design and maintain data pipelines, dashboards and tools using Python and SQL.
• Extract, transform and analyze market, operational, financial and settlement data from multiple sources.
• Evaluate energy, capacity and ancillary services market opportunities and revenue stacking.
• Monitor third‑party asset optimizers and energy managers.
• Investigate settlement discrepancies and potential value leakage.
• Support enhancement of forecasting methods and market operation processes.
• Present findings and recommendations to internal stakeholders clearly.

Skills

Python programming

SQL skills

Wholesale electricity markets

Analytical & communication skills

Education

Bachelor's or Master's in Electrical Engineering, Energy Systems, OR, Applied Mathematics, CS, Economics

Tools

Pyomo

Gurobi

CPLEX

OR-Tools

Git

Job description

Who We Are:

At Northland, we're enablers of change, united by our journey to transform the energy sector into the foundation for a sustainable future. Since our inception, we've been early movers in the energy industry, adopting new initiatives that pave the way for communities across the globe and helping forge their path towards a carbon‑neutral landscape. We're a different kind of independent power producer. As developers, owners and operators who are at the forefront of the energy transition, we're uniquely positioned to leave a lasting impact in the regions where we operate. We've expanded our business across Canada, the United States, Latin America, Europe and Asia to become a global leader, all by bringing together industry experts to find solutions with an entrepreneurial mindset. While our work powers communities across the globe, Northland is powered by our people.

What you will do:

The Analyst, Market Operations & Optimization supports the commercial optimization of Northland's generation and energy storage portfolio across electricity markets. The role combines market analytics, quantitative modeling, optimization and data engineering to identify revenue opportunities, evaluate asset performance and support commercial decision‑making. Working closely with Operations, Asset Management and other commercial teams, the Analyst will develop analytical tools, assess market participation strategies and help maximize portfolio value across markets (Americas and International). The role will be required to work in the Toronto office four days per week with one flexible day to work from home.

Key Responsibilities

• Analyze electricity‑market prices, congestion, ancillary services, dispatch outcomes and other market fundamentals to identify commercial opportunities and risks.
• Perform asset and portfolio‑level analyses, including DA/RT performance, realized versus potential value, revenue attribution and performance benchmarking.
• Develop and maintain optimization models to evaluate dispatch strategies, market participation and revenue opportunities for generation and energy‑storage assets.
• Design and maintain data pipelines, dashboards and analytical tools using Python and SQL to support market operations and commercial decision‑making.
• Extract, transform and analyze market, operational, financial and settlement data from multiple sources.
• Evaluate energy, capacity and ancillary services market opportunities and revenue‑stacking strategies.
• Monitor and assess the performance of third‑party asset optimizers and energy managers.
• Investigate settlement discrepancies, operational deviations and potential sources of value leakage.
• Support the enhancement of optimization methodologies, forecasting approaches and market‑operation processes.
• Present analytical findings and recommendations to internal stakeholders in a clear and actionable manner.

Requirements

• Bachelor’s or Master’s degree in Electrical Engineering, Energy Systems, Operations Research, Applied Mathematics, Computer Science, Economics or a related quantitative discipline.
• 1‑3 years of experience in electricity markets, energy trading, energy storage, renewable energy, quantitative analysis, optimization or a related field.
• Demonstrated experience with mathematical programming optimization (LP, MILP, and NLP) and with optimization software and frameworks (Pyomo, Gurobi, CPLEX, OR‑Tools or equivalent)
• Strong Python programming skills, including data analysis, modeling and automation.
• Strong SQL skills and experience querying and managing large datasets.
• Understanding of wholesale electricity markets and concepts such as energy, capacity, ancillary services, congestion and DA/RT markets.
• Strong analytical, problem‑solving and communication skills with the ability to translate complex quantitative results into business recommendations.

Preferred Qualifications

• Experience with cloud‑based data platforms and data engineering tools.
• Experience with battery energy storage systems (BESS) and revenue optimization.
• Familiarity with power‑system modeling, forecasting and time‑series analysis.
• Experience using Git and collaborative software development practices.
• Knowledge of North American and European electricity markets.
• Experience evaluating merchant asset performance or energy trading strategie

What's In It for You:

Our employees are the driving force behind our achievements. We are unwavering in our commitment to not only recognise your contributions but also to empower you to excel in every aspect of your life. Here's a glimpse of why Northland is the place where you'll truly thrive:

• Thoughtful benefits – A competitive RRSP matching scheme of 8%; extended health, dental and vision benefits for yourself and your immediate family from day one; paid parental leave; Accident and Life Insurance and disability benefits are just a few of the benefits you'll be able to access.
• Wellbeing first – Staying true to our taking care of ourselves and each other value, you will have access to our global Wellness Program and Employee Assistance Program, including access to mental health resources.
• Floating days and Birthdays off – As part of our commitment to promoting a healthy work‑life balance, you will get your birthday off so you can celebrate however you choose! You will also receive three additional days off annually to observe any other events that are important to you.

We hire talented and passionate people from different backgrounds. If you're excited about a role but your past experience doesn't align perfectly with this job description, we still encourage you to apply. Learn more about our diversity, inclusion and belonging commitments.

Pay Range

Pay Range: $80,800.00 - $101,000.00 This document is a guide. The duties, responsibilities, and requirements of the jobs as described herein are not inclusive and are subject to change.

Northland Power is an equal opportunity employer and we are committed to creating a fair, inclusive and accessible environment. As part of our commitment we work to ensure our application process is accessible to all candidates. If you require special assistance or accommodation during the hiring process, please notify a member of the HR Department. We use AI‑enabled tools to help identify applications that meet job‑related criteria. All applications are reviewed and decisions are made by people. This is a new position. Motivated by a common vision of energy's place on our planet, we believe in powering a better world for generations to come. Join our journey as we work towards a more sustainable future.