US long-term Power Modelling Analyst

2 months ago

Chicago, Illinois, United States RWE Full time

RWE Trading Americas Inc.

To start as soon as possible, full time, permanent

Your future plans

Within RWEST's Commercial Analysis and Global Strategies department, strategic market analysis is responsible for all long-term analysis, modelling and price forecasts . Our insights cover forecasts and scenarios for inputs (macroeconomics, energy demand, (fossil) fuel and carbon markets, investment cost and technological change, emissions targets & regulation), long-term modelling and price forecasting for electricity and hydrogen.

RWE will benefit from de-carbonisation, renewables expansion and technological change with further investments into future technologies such as Renewables, Electrolysers and (Hydrogen or CCS-ready) gas generation.

To support RWE's investment plans and growth strategy for the US, your responsibility is to support long-term US power modelling in order to cover important US electricity or energy markets with in-house modelling and forecasts. You will be based in Austin or Chicago in our office premises (Austin is preferred) and report into the Head of US long-term power modelling.

Responsibilities:

  • Support long-term electricity modelling for the relevant US growth markets such as Western Interconnect (in particular CAISO)
  • Consider specific characteristics with regard to market fundamentals, policy and electricity market design, and translate it into model inputs
  • Collect detailed expert knowledge from operating teams, filter relevant information and apply it to long-term electricity market models
  • Closely collaborate with your team members and other parts of strategic Market Analysis to learn from experienced modellers and to assure that overarching or global long-term modelling concepts and assumptions are in line with established RWE principles
  • Together with the Head of US long-term power modelling, communicate findings to the main stakeholders such as Commercial Analysis, Strategy, Regulatory Affairs, Controlling and Finance within North America and on Group level
  • Support application of US forecasts and modelling results across the RWE Group and discuss implications with stakeholders and the Head of Strategic Market Analysis

Your powerful skills

  • University Degree in Engineering, Economics, Finance, Mathematics, Physics or equivalent. An advanced degree with an electricity market focus is a plus
  • Very strong quantitative and analytical skills (transfer of algorithms into model conduct)
  • At least one year of work experience in (long-term) electricity market modelling and analysis, including experience with production cost-based modelling tools such as PLEXOS, AURORA, PROMOD, UPLAN, or similar mathematical programming languages like GAMS is a plus
  • Ability to transfer knowledge between analysis and decision makers in other departments with an interdisciplinary approach
  • Experience in interfacing with databases, programming and data visualisation software (SQL, R, Python, Tableau)
  • Good communication skills and the ability to condense model results into presentations for different groups of stakeholders
  • Business fluent in English
  • Enthusiastic team player, high level of self-motivation and flexibility, ability to work in a competitive environment and to meet tight deadlines

Benefits you can rely on

  • Join an international leading energy trading house which is in a period of growth
  • Find yourself in a motivating workplace that is built on mutual trust, values and a feedback culture with a positive and inspiring working atmosphere
  • Attractive renumeration package
  • Vivant team work, support and openness, visibility and recognition of own work
  • Relocation package available

Apply now with just a few clicks: ad code 87411

Any questions? Patrycja Bartela, (Recruiting)

We look forward to meeting you

We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity. #inclusionmatters

Of course, you can find us on LinkedIn, Twitter and Xing, too.

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