Senior Analyst - Energy Markets

Boralex; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

A leading renewable energy company in Toronto seeks an experienced professional for energy market modeling and forecasting. You will analyze electricity market trends and develop tools for energy price forecasting. Ideal candidates will have 3-5 years experience, strong analytical skills, and proficiency in programming languages. The role offers flexible hours and a commitment to sustainability and inclusiveness.

Benefits

Continuous training

Flexible working hours

Retirement plan

Group insurance plan

Sports centre membership allowance

Qualifications

• 3-5 years of direct experience in electricity market modeling and analysis.
• Strong knowledge of North American wholesale and natural gas markets.
• Ability to work independently and collaboratively in a fast-paced environment.

Responsibilities

• Review assumptions from energy price forecasts to support investment decisions.
• Develop internal price forecasting capabilities for energy products.
• Conduct power flow modeling to analyze grid reliability.

Skills

Electricity market modeling

Analytical problem-solving

Programming (Python, R, SQL, MATLAB)

Education

Bachelor’s degree in engineering, economics, finance, mathematics, or physics

Master’s degree preferred

Tools

Production cost modeling software (PROMOD, PLEXOS, UPLAN)

Job description

Overview

Join us to transform today's energy challenges into sustainable solutions for tomorrow, and make a difference for our planet and future generations.

Boralex has been providing renewable and affordable energy for over 30 years. The Group, composed of more than 800 employees, operates renewable assets with an installed capacity of over 3 GW and is developing a project portfolio of 6.8 GW in wind, solar, and energy storage.

Responsibilities

• You will play an important role in:
• Review, challenge and validate assumptions and results from long-term wholesale energy price forecasts from consultants, to support strategic investments decisions.
• Develop internal price forecasting capabilities in the short-term (1-24 months) to long-term (25+ years) for energy and different products including congestion, capacity, ancillaries, renewable attributes.
• Conduct power flow modelling to analyze transmission constraints and grid reliability for both short-term operations and long-term planning scenarios.
• Develop tools and models to streamline the collection, management, and reporting process for large datasets and power market modeling results.
• Conduct manipulations of energy price forecast to incorporate generation profiles, price basis, curtailments, pricing peak types, etc.
• Collaborate on wholesale market risk analysis (both short- and long-term) including regulatory, policy, technical, and other risks that affect the value and risk of our portfolio as it relates to merchant market revenues.
• Assist our greenfield development origination teams to analyze new site locations in terms of merchant revenue potential, including congestion and curtailment and deliverability to load.
• Provide economic analysis and guidance to our development, M&A, asset management, and finance teams.

Qualifications

• 3-5 years of direct experience in electricity market modeling and analysis.
• Bachelor’s degree or higher in engineering, economics, finance, mathematics, physics, or a related field. Master’s degree preferred.
• Knowledge of North American wholesale and natural gas markets and with ISO/RTO market rules, tariffs, protocols, and procedures.
• Proficient in using production cost modeling software such as PROMOD, PLEXOS, UPLAN, or other similar analytical tools.
• Proficient with programming languages such as Python, R, SQL, or MATLAB.
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.

Your profile doesn’t perfectly match the criteria listed above? Your skills could still make a difference! If you think you can contribute to our growth, don’t hesitate to try your luck and apply.

Benefits

• Be fully fulfilled in daily life: continuous training, flexible working hours, remote work, a retirement plan enhanced by Boralex, and a group insurance plan tailored to your personal needs.
• Together, we will build a sustainable and inclusive world: commitment to energy transition, continuous improvement, autonomy, and employee empowerment; transparency, inclusion, and kindness as core values; support networks and educational content.
• We value diversity and invite you to join us regardless of age, origin, gender, potential disability, sexual orientation, or beliefs.
• Additional benefits: contribution to a pension plan, sports centre membership allowance, and flexible and independent schedules to support life beyond your career.

Be the source of our energy!