Sr. Analyst, Energy Markets

Avenue.io Inc.; Edmonton; On-site; CAD 90,000 - 130,000; Full time

Job summary

Capital Power is seeking a Senior Analyst, Energy Markets to provide expert market analysis and actionable insights for investment, asset management, and trading decisions across North American power markets.

The role leads market assumptions, coordinates internal and external teams, and delivers decision-ready recommendations to senior leadership while monitoring regulatory changes and developing market dashboards for enterprise use.

Qualifications

• Degree in Economics, Engineering, Mathematics, Statistics, or Commerce.
• Master's degree or professional designation is an asset.
• 5+ years of experience in North American power and gas markets.
• Forecasting wholesale electricity prices and asset revenues.
• Ability to translate market dynamics into actionable recommendations.

Responsibilities

• Own long-term fundamental power market forecasts for assigned regions.
• Review and defend market assumptions including supply, demand, fuel prices, emissions pricing, and policy impacts.
• Support asset-level gross margin projections, dispatch modeling, and financial proformas.
• Support business development and expansion initiatives with price forecasts and due diligence.
• Provide market insights to support origination, hedging, and contracting strategies.
• Coordinate work across internal teams and external consultants; define scope and review assumptions.
• Prepare and deliver presentations to senior leadership on market outlooks, risks, and opportunities.
• Monitor regulatory and policy developments and reflect impacts in price projections.
• Design and implement market dashboards for company-wide use.

Skills

Power market forecasting

Asset revenue forecasting

Executive-level presentations

Excel

Python

Education

Economics degree

Engineering degree

Mathematics degree

Statistics degree

Commerce degree

Tools

Excel

Python

Job description

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter - we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity:

The Senior Analyst, Energy Markets provides expert analysis and market insight to support Capital Power's investment, asset management, commercial, and trading decisions. This role is accountable for market fundamentals, electricity price forecasts, asset gross margin projections, and strategic market assessments across assigned North American power markets. The Senior Specialist leads market assumptions development across teams, directs consultant/internal work, and delivers clear, decision-ready recommendations to senior leadership

You Will Contribute to Our Team By:

• Owning long-term fundamental power market forecasts (energy, capacity, ancillary services, and environmental products) for assigned regions.
• Reviewing, developing, and defending key market assumptions including supply, demand, fuel prices, emissions pricing, policy impacts, and cost of new entry (CONE).
• Supporting asset-level gross margin projections, dispatch modeling, and financial proformas to support budgeting, long-term planning, and project valuations.
• Supporting business development and expansion initiatives by delivering price forecasts, dispatch analysis, and due diligence assessments for new investments.
• Providing strategic market insights to Commercial and Supply & Trading teams to support origination, hedging, and contracting strategies.
• Coordinating work across internal teams, managing external consultants, including scope definition, assumption review, quality control, and interpretation of results.
• Preparing and delivering presentations and briefings to cross-functional teams, senior management and executive teams on market outlooks, risks, and opportunities.
• Monitoring regulatory, policy, and market design developments, assessing their commercial, financial impacts and incorporating their implications into price projections.
• Designing and implementing market dashboards for consumption across the company.

What You Will Bring to the Role:

Education & Experience

• Degree in Economics, Engineering, Mathematics, Statistics, or Commerce.
• Master's degree or professional designation (or progress toward one) is an asset.
• 5+ years of experience in North American power and gas markets.
• Demonstrated experience forecasting wholesale fundamental electricity prices and asset revenues.
• Proven ability to translate complex market dynamics into actionable business recommendations.

Technical & Professional Skills

• Strong understanding of power market structures and regulatory frameworks.
• Ability to work independently, manage ambiguity, and exercise sound judgment.
• Excellent written and verbal communication skills, including executive-level presentations.
• Advanced quantitative and financial modeling skills (CONE, LCOE, dispatch, gross margin)
• Proficiency in Excel, Python and data analysis tools; exposure to market models is an asset.