Sr. Analyst, Energy Markets - Eastern US

Capital Power; Phoenix (AZ); On-site; USD 120,000 - 180,000; Full time

Job summary

Capital Power is seeking a Senior Specialist in Energy Markets to provide expert analysis and market insight for investment, asset management, commercial, and trading decisions across North America. You will forecast prices, project asset gross margins, and support long-term planning and valuations.

Reporting to the Head of Energy Markets, you will lead modeling efforts, manage external consultants, and present findings to senior leadership, while tracking regulatory developments and building

Qualifications

• 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 (e.g. MISO, PJM, ISONE, IESO, NYISO) is a strong asset.

Responsibilities

• Owning long-term fundamental power market forecasts for assigned regions.
• Reviewing key market assumptions including supply, demand, fuel prices, emissions pricing, and CONE.
• Leading asset-level gross margin projections, dispatch modeling, and financial proformas.
• Supporting business development with price forecasts, dispatch analysis, and due diligence for new investments.
• Providing strategic market insights to Commercial and Supply & Trading teams.

Skills

Quantitative analysis

Market forecasting

Executive communication

Independent work

Strategic recommendations

Education

Degree in Economics/Engineering/Math/Commerce

Master’s degree or professional designation asset

5+ years experience in NA power/gas markets

Tools

Excel

Python

Market models (dispatch/proformas)

Job description

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!

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 America.

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.
• American power markets. 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.

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.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.