Energy Market Analyst

4 weeks ago

Pune, India Energy Exemplar Full time

About the Role

Energy Exemplar is the market leader in Energy Simulation Software. We exist so that our customers can make the most informed decisions at the most impactful times and want you to be part of that success. We are calling for analysts to work with our team that develops simulation ready datasets in Pune.


Key Accountabilities and Duties


Accountabilities

  • Development and maintenance of Global (North America/Europe/APAC regions) Power and Natural Gas Market models/dataset using PLEXOS/Aurora tools
  • Asist in market research, model updates, result analysis, model benchmarking etc
  • Visualize and analyse production cost market model results using Power BI, Excel


Day to day duties

  • Work in a team of energy data analysts
  • Work on projects to deliver standalone dataset and portions of dataset using fundamental data along with PLEXOS and Aurora power market models
  • Analyzing power markets, undertaking research, analyzing and manipulating data and processing data for input into power market models
  • Benchmarking etc. end-to-end process of creation and upgrading of production cost models
  • Maintaining large databases of energy related data. Data sources include data-providers, industry publications, regulatory agencies and web research.
  • Running PLEXOS and/or Aurora and interpreting output model results and energy balances
  • Comparing models and reviewing preliminary forecast output results for inconsistencies to ensure deliveries meet product specification
  • Problem solving and interpretation of market models and ability to detect errors and omissions
  • Troubleshoot market models and intermediate work products for errors, omissions, and improvements.


Foundation Skills and:

  • Experience with energy market modelling
  • High level of numeracy, computer, and web literacy.
  • Basic understanding of energy economics for power market fundamentals and economic concepts of power markets
  • Knowledge of production cost modelling software’s like PLEXOS (preferred), Aurora or Pro-mod, or similar
  • Good Knowledge of Power Plant/Natural Gas Economics, Power Systems, Gas supply chain, Operation research/Optimization techniques, statistics, and Energy (Power &/ Gas) Markets/Industry
  • Knowledge and experience with transmission planning and nodal market modeling including generator mapping, assessing N-x contingencies, understanding and troubleshooting nodal model infeasibilities and other planning related power flow analysis
  • Demonstrated ability to work autonomously and see projects/assignments through from start to finish.
  • Self-starter, organized, persistent, goal driven, has a can-do attitude, takes challenges as opportunities to perform and add value
  • Diligent, systematic, and pays attention to detail to ensure work accuracy and quality
  • Punctual, Professional work and phone etiquette



Experience:

  • 2 to 6 years of experience with Energy Modeling and Power Market Analysis
  • Knowledge of or experience working in several North American or European or Asian power markets
  • Strong analytical and problem-solving skills with the ability to research and learn new techniques
  • Experience in creating and analyzing energy data sets for power models
  • Experience working at a market operator, project developer, or at a utility in planning or commercial operations would be an asset
  • Knowledge of one or more energy economic modeling tools: PLEXOS, Aurora, PROMOD, PSO, MarketAnalytics and/or PROSYM
  • Strong organizational skills, familiarity with Agile/Sprint Best Practices
  • Expert skills using Excel, Power BI and similar tools


Qualifications:

  • Bachelor’s degree in Economics (preferred), Electric Engineering (Transmission preferred), or Mathematics. Master’s degree or Ph.D would be preferred.

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