Senior Associate, Market Fundamentals & Transmission - West

Clearway Energy Group; San Diego (CA); On-site; USD 160,000 - 180,000; Full time

Job summary

Clearway Energy Group is seeking a Senior Associate to serve as a Western market SME, developing views on Western US power markets and forecasting energy prices, RA/REC prices, and curtailment risk. You will enhance power market modeling, supporting project development, M&A, and hedging risk management, with responsibilities across short- and long-term analytics.

Collaborate with trading, risk, and operations teams; utilize Python, SQL, and Excel; stay current with regulatory updates and market

Qualifications

• Bachelor’s degree or comparable in a quantitative field.
• Minimum of 4 years in an analytical role in energy trading, banking, IPP, ISO, or utility.
• Experience in power market modeling and capacity expansion; knowledge of CAISO, WECC BAS, WECC market expansion.
• 3+ years with production cost modeling tools (Aurora, PROMOD, PLEXOS, Encompass).
• Ability to articulate viewpoints clearly in writing and verbally.
• Ability to manage multiple concurrent projects and deliver high-quality results on time.
• Strong interpersonal, analytical, and problem-solving skills.
• Experience with data mining and large datasets.

Responsibilities

• Update fundamental information on transmission upgrades, load forecasts, generation buildout, and gas prices; form views on hub, RA, and REC prices and curtailment.
• Quantify market conditions and evaluate impact on operating assets.
• Provide analytical insights from modeling results to support risk management and trading decisions.
• Automate data flow within modeling ecosystems using AI, Python, SQL or Excel.
• Lead and support long-term market model development across Western US markets.
• Follow regulatory updates, IRPs, RPS goals, transmission plans, and gas markets for inputs.
• Validate external studies to support project financing.
• Maintain input/output datasets for long-term models.

Skills

Python

SQL

Analytical skills

Problem-solving skills

Data mining

Education

Bachelor’s degree in Engineering, Finance, Mathematics, Statistics, Power, Economics, and/ or Business, or comparable

Tools

Aurora

PROMOD

PLEXOS

Encompass

Job description

What The Role Is

Reporting to the Manager, Market Fundamentals & Transmission, the Senior Associate will serve as a Western market SME and develop the company’s views across Western US power markets, focusing on forecasting energy prices, curtailment risk, ancillary services, capacity, and RECs. This role will help enhance the company’s power market modeling capabilities and integrate it into the growth of project development, M&A, and hedging risk management activities.

What You'll Be Doing

Short Term Analytics

• Update the latest fundamental information on transmission upgrades, load forecasts, generation buildout, and gas/fuel prices; develop a view on hub prices, RA prices, REC prices, capture ratios, and curtailment to inform the operation of renewable and gas assets.
• Stay up to date with the latest market conditions such as demand forecasts, planned and forced outages, etc. Quantify and evaluate their impact on operating assets.
• Provide analytical insights from modeling results to support risk management and trading activities as well as development decisions.
• Automate the flow of input and output datasets within modeling ecosystems using AI applications, Python, SQL or Excel.

Long-Term Analysis

• Lead and support the development of a long-term fundamental market model across the western US power markets.
• Follow regulatory updates, utility IRPs, state RPS goals, transmission plans, and gas markets to support the development of key inputs for long-term market models such as generation buildout, transmission upgrades, and load forecasts.
• Utilize modeling insights to support greenfield and project siting activities.
• Validate external consultant market and transmission studies to support project financing activities.
• Use the data analytics tools to maintain the input/output datasets for long-term market models.

What You'll Bring

• Bachelor’s degree in Engineering, Finance, Mathematics, Statistics, Power, Economics, and/ or Business, or comparable.
• Minimum of 4 years of experience in an analytical role at an energy trading firm, bank, IPP, ISO, or Utility.
• Experience in power market modeling including zonal and capacity expansion modeling as well as capacity (RA) and REC price forecasting including knowledge of CAISO, WECC BAS, and western market expansion.
• Minimum of 3 years of experience with production cost modeling using tools like Aurora, PROMOD, PLEXOS, or Encompass.
• Ability to formulate and articulate viewpoints (written and verbal) in a clear, persuasive, and succinct manner.
• Ability to handle multiple concurrent efforts and provide high-quality deliverables accurately and on time.
• Ability to work well in a fast-paced, team-oriented, collaborative environment that emphasizes attention to detail, meeting deadlines, and working together to achieve company-wide objectives.
• Strong interpersonal, analytical, and problem-solving skills.
• Strong experience in data mining and working with large datasets.

What Would Be Nice

• Programming experience in Python & SQL preferred
• Strong understanding of zonal power market fundamentals and WECC market dynamics, with a renewable energy background is a plus.

No visa sponsorship or any kind of sponsorship for employment authorization is available for this role, now or in the future.

The pay rate for the successful candidate will depend on geographic location, skills, relevant and demonstrated experience, education, training and certifications, and other factors permitted by law. This role is eligible to earn an annual cash bonus, subject to personal and company performance goals.

Salary Range Across all U.S. Locations

$160,000—$180,000 USD

Clearway Energy Group

Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 3 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Our Commitment to Diversity, Equity, & Inclusion

Clearway Energy Group’s vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.8 GW of flexible dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Working at Clearway

Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships with our teammates. We do this by prioritizing corporate new hires based near one of our offices in San Francisco, San Diego, Scottsdale, Houston, Denver, & Princeton. Our office-based employees work together from our offices on Tuesday, Wednesday & Thursday to collaborate & learn, build community, get to know one another, & enjoy company-provided meals & events. Our site-based employees collaborate in-person daily to keep our locations operating safely and efficiently while fostering strong relationships within their local communities.

Clearway Energy is an equal opportunity employer that values a broad diversity of talent, knowledge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities for our Military & Veterans.

What We Provide

Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benefits, relocation, & a 401(k) plan with employer match, a variety of life & accident insurances, fertility programs, adoption assistance, generous parental leave, tuition reimbursement, & benefits for employees in same-sex marriages, civil unions & domestic partnerships. For more on Clearway benefits, visit our Benefits Website.

Notice to Applicants

Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances, and regulations for all applicants and employees. We will make reasonable accommodations to enable individuals with disabilities to apply and compete for employment opportunities for which they are qualified. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [e-mail] and let us know the nature of your request and your contact information.

All official communication regarding this position will come only from an email address ending with @clearwayenergy.com. If you receive outreach from any other email address claiming to represent Clearway Energy, please do not respond, as it is fraudulent.

Notice to California Applicants

Clearway Energy is strongly committed to a philosophy of equal opportunity and fully complies with equal employment laws, ordinances and regulations for all applicants and employees.