Analyst, Power Markets & Origination

southwestgen; Denver (CO); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Market-competitive compensation

Health insurance

Retirement savings benefits

Job summary

Onward Energy seeks an Analyst, Power Markets & Origination to support a growing portfolio of assets, including energy settlements, revenue contract compliance, trading support, REC administration, and market research. The role involves collaboration across teams to ensure timely reporting and accurate revenue calculations.

Based in New York City or Denver, the position offers hybrid work arrangements and exposure to PPAs, hedges, market rules, ISO settlements, and regulatory reporting, with

Qualifications

• Bachelor’s Degree with quantitative focus; experience may substitute.
• 0–2 years of professional experience in energy markets, settlements, accounting, finance, or related field.
• Advanced proficiency in Microsoft Excel for building and analyzing complex models and datasets.
• Knowledge of North American electricity markets (CAISO, ERCOT, MISO, PJM, SPP, ISO-NE, NYISO) is a plus.
• Strong problem solving and analytical abilities with data synthesis skills.
• Self-starter with intellectual curiosity and ability to use tools including LLMs and regression analysis.
• Excellent verbal and written communication and strong interpersonal skills.
• Outstanding organizational skills and ability to manage multiple priorities.

Responsibilities

• Support management of the portfolio’s energy settlements and revenue contract compliance.
• Assist with trading support, bid submissions, and market research.
• Administer REC deliveries, reconciliations, invoicing, and regulatory reporting.
• Develop and maintain settlement and revenue models; analyze discrepancies.
• Prepare and maintain SOPs for Power Markets & Origination processes.
• Collaborate with Asset Managers, Engineers, Accountants and Attorneys.
• Identify process improvements and opportunities for automation.

Skills

Excel modeling

Energy markets

Analytical skills

Self-starting

Communication

Interpersonal skills

Education

Bachelor’s degree (quant focus)

Tools

MS Excel

Job description

POSITION DESCRIPTION

Position Title: Analyst, Power Markets & Origination

Reports To: Senior Manager, Power Markets & Origination

Direct Reports: No

Functional Unit: Power Markets & Origination

FLSA Status: Exempt

Position Type: Full-Time

Location: New York City or Denver Colorado

THE COMPANY

Onward Energy is an independent power platform that owns and operates over 7 GW of utility-scale wind, solar and natural gas generation projects across the U.S. Our Vision is to reliably power a sustainable future. Our Mission is that as North America’s premier independent power generator, we will deliver renewable and reliable power to our customers, opportunities to our employees, sustainable returns to the families who invest in us, and a better world to the next generation. Corporate Offices in Denver, New York and Charlotte, we are where renewable meets reliable. See www.onwardenergy.com for more information.

THE CHALLENGE

This role is an entry-level position on the Power Markets & Origination team. The primary responsibilities for this position will be to support the management of Onward Energy’s growing portfolio of assets, including energy settlements, revenue contract compliance, trading support, customer relationship management, REC portfolio management, and market research.

THE RESPONSIBILITIES

• Develop a comprehensive understanding of the Company’s commercial revenue contracts, including long-term power purchase agreements (PPAs), energy hedges, heat rate call options, and other commercial contracts.
• Manage, administer, track compliance obligations and log communications across the portfolio, including reporting deliverables, guaranteed energy production, delivery of financial statements, and other counterparty requirements.
• Perform market research and analysis related to energy bidding strategies, forward energy trades, Financial Transmission Rights/Congestion Revenue Rights and structured products, including identification of correlations in datasets.
• Support daily bidding strategy development and confirmation of bid submissions.
• Manage settlement reconciliation and invoice creation for Onward Energy’s portfolio of thermal, wind, and solar projects by
  • Maintaining and enhancing settlement and revenue models,
  • Analyzing settlement data to identify discrepancies and ensure accuracy of revenue calculations,
  • Coordinate with Accounting and other internal teams to ensure timely and accurate invoice issuance, and
  • Develop and maintain Standard Operating Procedures for critical Power Markets & Origination processes and procedures.
• Oversee a variety of obligations tied to the portfolio’s Renewable Energy Credit (REC) administration, including tracking deliveries, reconciliations, invoicing, regulatory reporting, and compliance with market requirements.
• Support the preparation of State and Federal regulatory reporting deliverables, such as FERC EQRs, EIA reports, etc.
• Serve as the Subject Matter Expert (SME) for Independent System Operator (ISO) settlement tariffs, market rules, settlement methodologies, and related processes impacting Onward Energy's portfolio.
• Take initiative to identify existing processes that can be optimized to improve overall performance and reliability and/or find opportunities for automation.
• Support the Power Markets & Origination team in ad-hoc assignments relating portfolio risk management, M&A due diligence, and market research.
• Collaborate with several different teams across the company, including Asset Managers, Engineers, Accountants and Attorneys, to support the commercial and operational performance of the Company’s portfolio.
• Perform additional duties and special projects as assigned.

THE PROFILE TO SUCCEED

The successful candidate will bring a combination of analytical rigor, curiosity, ability to self-start, attention to detail, and strong desire to learn and grow within the energy industry.

• Bachelor’s Degree with quantitative focus (e.g., Economics, Engineering, Environmental Science, or Finance). Experience may substitute for degree.
• 0 – 2 years of professional experience in energy markets, settlements, accounting, finance, commercial operations, or a related field.
• Advanced proficiency in Microsoft Excel, including the ability to build, maintain, and analyze complex models and datasets.
• Ability to quickly gain proficiency with concepts driving the North American organized electricity markets (e.g., CAISO, ERCOT, MISO, PJM, SPP, ISO-NE, or NYISO); knowledge of bilateral energy markets is also beneficial.
• Excellent problem solving and analytical skills with the ability to synthesize data from various sources, understand issues, and identify solutions.
• Self-starter with a strong work ethic and aptitude for intellectual curiosity; ability to do independent research, learning and analysis using various tools including LLMs and linear regression.
• Exceptional verbal and written communication skills.
• Strong interpersonal skills and the ability to build effective working relationships with internal stakeholders, external counterparties, and customers.
• Exceptional organizational skills, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

THE TEAM

The Onward Energy team is collaborative, dedicated, hard-working, and down-to-earth. The management team is comprised of seasoned industry professionals supported by experienced project operators and advisors.

THE WORK ENVIRONMENT

Onward Energy is currently implementing a hybrid office environment, with team members in the office at least three days per week. The position functions in a smoke and vaping-free professional office environment. The role routinely utilizes standard office equipment such as laptop computers, phones, and scanner/photocopier.

THE TOTAL REWARDS

Onward Energy total rewards philosophy is motivated by a key tenet of valuing team members and offers employees a comprehensive total rewards package which includes market-competitive compensation, health/life insurance, and retirement savings benefits.

• market-competitive compensation
• health/life insurance
• retirement savings benefits

EEO STATEMENT

Onward Energy is an Aff… Females/Minority/Veterans/Disabled/Sexual Orientation/Gender Identity.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.