Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., we own and manage more than 9.6 gigawatts of renewable and conventional energy assets across the country. As we develop a nationwide pipeline of new renewable energy projects for the future, Clearway’s 7 gigawatts of operating wind, solar, and energy storage assets offset the equivalent of more than 9 million metric tons of carbon emissions for our customers today. Clearway Energy Group is headquartered in San Francisco with offices in Carlsbad, Calif.; Scottsdale, Ariz.; Houston; and Princeton, N.J. For more information, visit clearwayenergygroup.com.
Reporting to the Senior Manager, Fundamentals & Transmission – Central & East region, the Senior Associate will be market SME and responsible for undertaking the development of the company’s views across Eastern US power markets with a focus on forecasting energy prices, basis/congestion, curtailments 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.
Responsibilities:
- Update the latest fundamental information on transmission upgrade, load forecast, generation buildout and gas/fuel prices, develop a view on nodal and hub prices, capture ratios, basis/congestion, and curtailment to inform operation of renewable and gas assets.
- Stay up to date with the latest market conditions such as demand forecast, planned and forced outages, etc. Quantify and evaluate their impact on operating assets.
- Support energy optimization/trading team with scenario-based analysis to mitigate market risks via FTRs, DA, or term trading.
- Provide analytical insights from modeling results to support risk management and trading activities.
- Automate the flow of input and output datasets within modeling ecosystems using Python, SQL or Excel.
- Lead and support the development of a long-term fundamental market model across the eastern US power market.
- 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 upgrade, and load forecast.
- 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 analytic tools to maintain the input/output datasets for long-term market models.
