Energy Markets Analyst - Fixed Term

ICF; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

ICF is seeking an Energy Market Analyst to contribute to developing high-quality products and services in the power sector. You will work across projects with staff at all levels, applying academic knowledge to real-world energy market analyses while building domain expertise and consulting skills.

The role involves data collection, advanced quantitative modeling, and policy analysis related to transmission, renewable energy, and smart grid, with opportunities to collaborate with clients and

Qualifications

• Master's in Power/Energy systems or Bachelor's in electrical engineering is required.
• 0–2 years in production cost modeling or economic power market analysis (incl. internships).
• Experience with models like GE-MAPS, PROMOD, GridView, or PLEXOS.

Responsibilities

• Collect and analyze data for power sector modeling projects.
• Perform production cost modeling and transmission congestion analysis.
• Assist in nodal power market modeling and financial calculations.
• Lead data input, maintain datasets and templates for nodal power markets modeling.

Skills

Quantitative analysis

Data analysis

Excel VBA

Programming

Communication skills

Education

Master's in Power/Energy Systems

Bachelor's in Electrical Engineering

Tools

GE-MAPS

PROMOD

GridView

PLEXOS

GE-PSLF

PSS/E

PowerWorld

CYMDIST

Job description

DescriptionICF (NASDAQ: ICFI) is a global consulting services company with over 9,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.

DescriptionICF (NASDAQ: ICFI) is a global consulting services company with over 9,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.

We are looking for an Energy Market Analyst to assist ICF in contributing to the development of innovative, accurate, timely, and high-quality products and services, typically working on multiple projects with all levels of staff. You will have the opportunity to apply academic knowledge, gain exposure to major projects, and interact with experts and clients in the field, while building content knowledge and consulting skills.

This position will be located in Bangalore/Delhi and is a fixed term roles for 2 years.

What You’ll Be Doing…

• Collecting and analyzing data for power sector modeling projects (i.e., technology characterizations, regional load and energy demand data, emissions control technologies cost and performance)
• Perform production cost modeling and transmission congestion analysis of power markets
• Assist in modeling and analysis of nodal power markets including financial calculations and other standard asset valuation-related tasks
• Assist in load flow analysis of transmission and distribution systems, including steady state, contingency, and dynamic analysis
• Lead data input, output processes and maintain datasets, and templates required for nodal power markets modeling.
• Research and keep the broader group updated on latest power market developments in prominent ISO/RTO markets that influence power price forecasts, electric transmission congestion and other factors that influence power price fundamentals.
• Perform advanced quantitative analysis of transmission systems around the world to assess and forecast the future of electric reliability, transmission bottlenecks, and regulatory effects, among other parameters
• Support modeling and policy analysis related to transmission, renewable energy, smart grid and distribution
• Developing code and macros to process and manage large datasets.
• Preparing high-quality written and electronic products

What you’ll need….

• A master’s degree in Power / Energy systems or a bachelor's in electrical engineering is a must.
• 0-2 years of production cost modeling, and/or economic power market analysis experience (including internships)
• Experience in production cost modeling using industry-standard models such as GE-MAPS, PROMOD, GridView, or PLEXOS
• Basic knowledge of industry-standard power flow tools such as GE-PSLF, PSS/E, PowerWorld, CYMDIST
• Ability to demonstrate strong quantitative and/or modeling skills, specifically database management and data analysis skills
• Knowledge of linear optimization and energy and environmental markets is an advantage.
• Advanced Microsoft Office (Excel and VBA) skills
• Knowledge of Excel macro programming and other programming languages
• Good research skills
• Strong analytical and organizational skills
• Ability to prioritize and work on multiple projects under strict deadlines in a fast-paced environment.
• Excellent written and oral communication skills
• Works collaboratively with the project team and client to achieve established goals.

Working at ICF

ICF is a global advisory and technology services provider, but we’re not your typical consultants. We combine unmatched expertise with cutting-edge technology to help clients solve their most complex challenges, navigate change, and shape the future.

Candidate AI Usage Policy

At ICF, we are committed to ensuring a fair and equitable interview process for all candidates based on their own skills and knowledge. As part of this commitment, the use of artificial intelligence (AI) tools to generate or assist with responses during interviews (whether in-person or virtual) is not permitted. This policy is in place to maintain the integrity and authenticity of the interview process.

However, we understand that some candidates may require accommodations that involve the use of AI. If such an accommodation is needed, candidates are instructed to contact us in advance at [e-mail]. We are dedicated to providing the necessary support to ensure that all candidates have an equal opportunity to succeed.

Bangalore, India (II78)