Sr. Analyst, Energy Markets - Eastern US

Capital Power Operations (USA) Inc; Phoenix (AZ); On-site; USD 120,000 - 170,000; Full time

Job summary

Capital Power in Phoenix seeks a Senior Market Analyst to lead long-term power market forecasts, asset revenue projections, and strategic market analyses. You will work with cross-functional teams to support budgeting, investment decisions, and trading strategies.

The role requires 5+ years in North American energy markets, with experience in ISO markets and advanced modeling in CONE, LCOE, and dispatch analyses. A strong communicator will present findings to senior leadership.

Qualifications

• 5+ years of experience in North American power and gas markets.
• Demonstrated experience forecasting wholesale electricity prices and asset revenues.
• Experience with ISOs (e.g., MISO, PJM, ISONE, IESO, NYISO) is an asset.

Responsibilities

• Own long-term fundamental power market forecasts for assigned regions.
• Review, develop, and defend key market assumptions including supply, demand, fuel prices, and emissions pricing.
• Lead asset-level gross margin projections, dispatch modeling, and proformas for budgeting and planning.
• Support business development with price forecasts, dispatch analysis, and due diligence for new investments.
• Provide strategic market insights to support origination, hedging, and contracting strategies.
• Prepare and present market outlooks and risk assessment briefings to senior leadership.

Skills

CONE modeling

LCOE modeling

Dispatch analysis

Excel

Python

Education

Bachelor’s degree in Economics

Bachelor’s degree in Engineering

Master’s 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

Reporting to the Head of Energy Markets, this role provides expert analysis and market insight to support Capital Power’s investment, asset management, commercial, and trading decisions. This role is accountable for market price forecasts, asset gross margin projections, and strategic market assessments across assigned North

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).
• Leading 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.
• 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.
• The Senior Specialist leads modeling efforts, directs consultant/internal work, and delivers clear, decision-ready recommendations to senior leadership.

Education and 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 electricity prices and asset revenues.

Previous experience in ISO's (Independent System Operators) would be a strong asset (e.g. MISO, PJM, ISONE, IESO, NYISO).

Proven ability to translate complex market dynamics into actionable business recommendations.

Technical & Professional Skills

• Advanced quantitative and financial modeling skills (CONE, LCOE, dispatch, gross margin).
• 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.
• Proficiency in Excel, Python and data analysis tools; exposure to market models is an asset.

EEO Statement

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.