Market Analyst

TotalEnergies Group; Houston, Northern (TX, KY); Hybrid; USD 120,000 - 170,000; Full time

Job summary

TotalEnergies Group in the US is seeking a Market Analyst to drive market and asset analysis for investment decisions. You will gather insights across the organization to support portfolio optimization and regulatory engagement.

Responsibilities include developing forecasting models, benchmarking scenarios, and presenting findings to senior management. Hybrid collaboration across HQ and regional teams is encouraged.

Qualifications

• Master's degree in economics, finance, engineering, or a related field.
• 5-10 years of experience in power market analysis or a similar analytical role.
• Proficiency in statistical analysis, forecasting techniques, and data modelling using Python, R, MATLAB.

Responsibilities

• Collaborate with cross-functional teams in the US and HQ to align market analysis with business objectives.
• Conduct in-depth market, asset, and regulatory analysis of power markets (ERCOT, PJM, etc.).
• Develop, use and master models to forecast market conditions, load profiles, and capacity requirements.

Skills

Market analysis

Data modelling

Forecasting

Python/R/MATLAB

Communication

Stakeholder management

Industry knowledge

Regulatory awareness

Education

Master's degree

Tools

Python

R

MATLAB

BID3

Plexos

PSO

Job description

Building and Sharing Power Market knowledge in the US (ERCOT and PJM as starting cases) is one of the pillars of the Flexible Power & Integration Power Business Unit. It is one of the foundation stones for TotalEnergies’ Power Businesses to be able to reach more than 10% return on the Integrated Power Business. This position is able to sit at our Houston, TX headquarters or our Berkeley, CA office.

The Market Analyst gathers knowledge from the full organization and the external information available to be able to propose to the senior management analysis to support business decisions. Once validated, those analyses will be used as one of the main inputs for investment decisions of the Company.

The Market Analyst provides critical insights to optimize our investments, support the portfolio management in the optimization of our assets, and our CPPA/Clean Firm Power team.

Key Responsibilities include:

• Collaboration and Stakeholder Management: Collaborate closely with cross-functional teams in the US and in HQ, including market analysis, country experts, trading, portfolio management, and regulatory teams, to align market analysis and modelling activities with overall business objectives. Effectively communicate with senior management and other stakeholders to get insights and recommendations.
• Market Analysis, Asset Analysis and Benchmarking: Conduct in-depth analysis of the power markets of your perimeter, including supply demand dynamics, price trends, regulatory changes, and technologies, benchmark internal and external scenarios and be able to explain the differences.
• Data Collection and Management: Collect and organize relevant data from various sources, including market reports, databases, and internal systems. Ensure data accuracy and integrity and develop robust methodologies for data analysis and interpretation.
• Model Development and Use: Develop, use and master accurate models and algorithms to forecast power market conditions, load profiles, renewable energy integration, and capacity requirements.
• Industry Awareness: Stay abreast of industry trends, regulatory developments, and emerging technologies in the power sector. Participate at industry conferences, events, and regulatory forums. Share market analysis expertise internally, positioning the team as a thought leader in the power market domain.

Qualifications & Requirements

• Master's degree in economics, finance, engineering, or a related field.
• Proven experience (5-10 years) in power market analysis or a similar analytical role within the energy sector.
• Proficiency in statistical analysis, forecasting techniques, and data modelling. Experience with statistical software (such as Python, R, or MATLAB) and Modelling softwares (such as BID3, Plexos or PSO) is required.
• In-depth knowledge of ERCOT and/or PJM markets, including electricity pricing, market fundamentals, regulatory frameworks, and policy dynamics. Knowledge of other Power Markets is a plus.
• Excellent communication and presentation skills, with the ability to effectively convey complex information to both technical and non technical stakeholders.
• Demonstrated industry awareness and a track record in the power market domain.
• Knowledge of energy industry trends, renewable energy technologies, and environmental regulations is highly desirable.