Power Market Simulation/ Forecasting Expert

Daymark Energy Advisors is a successful, growing consultancy.

We are building our team to support clients’ growing needs and we are looking for an exceptional candidate with expertise in power market modeling, zonal and/or nodal simulation, and forecasting to join our team. The Power Market Simulation/Forecasting Expert will help our team meet our clients’ growing need for insights into the challenges and opportunities of the rapidly evolving power markets.

Salary range for this position is $95,000 - $125,000 depending upon experience and qualifications.

Daymark brings deep knowledge and an integrated view of energy infrastructure, regulation, and markets to help our clients succeed in the face of transformative power industry change. We combine rigorous analytical methodology with our knowledge of RTO/ISO operations and market rules, transmission planning, state, provincial, and federal policies, and regulatory and rate structures, to provide comprehensive solutions that address client needs. We work in partnership with developers, utilities, large loads, and state agencies, applying cutting edge thinking to decarbonize the power sector.

If you have a passion for the energy industry, want to work in partnership with clients and colleagues across our team, and are a high performer with a history of professional excellence and achievement, you’ll find Daymark Energy Advisors offers a challenging and rewarding environment in which to further your career. We cultivate an inclusive and affirming environment that supports professional growth and rewards entrepreneurial risk taking. Ideal candidates will have a desire to work in a team-oriented environment along with having experience of being part of and leading teams.

Daymark Energy Advisors is part of the Xodus Group.

You will work closely with Daymark’s dynamic team of analysts, consultants, trusted advisors, and practice area leads to deliver advice and analysis to clients, including developers, utilities, large loads, and state agencies across the U.S. and Canada, helping them evaluate options and navigate the technical, economic, and commercial issues that characterize today’s rapidly evolving power sector.

Primary responsibilities include:

• Perform power market model-based price forecasts and analyses of the evolving power system landscape using the PLEXOS software by Energy Exemplar in both zonal and nodal configurations, based on solid fundamental understanding of power markets and modeling best practices. For example, recent projects have included:

o Assessing the LMP impacts of integrating large amounts of renewable resources

o Assessing impacts of adding carbon charges on market performance, production costs, and emissions

o Assessing risks/benefits of congestion and curtailment on proposed system enhancements including generators and transmission upgrades

• Lead, supervise, and support teams in market research, data acquisition, model updates, data reporting, and visual graphics creation, primarily using Excel and scripting.
• Identify impactful work initiatives and take responsibility to usher them to completion in an effective manner, engaging with clients and project teams, as appropriate.
• Provide analysis and expertise to enhance the firm’s market analytics and consulting activities.
• Maintain and improve energy market and power system databases.
• Consider and/or develop methodologies for proprietary models for use in providing power market-related services to clients.
• Project management and project oversight responsibilities for projects ranging in size and complexity.

Requirements

• A hands-on approach with a can-do attitude along with an overriding curiosity and desire to help others succeed in a team environment.
• A commitment to constructively engaging together to solve problems and continuously improving through thoughtful, respectful, and direct information and feedback.

• A bachelor’s degree, or master’s degree, in mathematics, economics, engineering (electrical preferred), or similar quantitative field.
• Three to 10 years’ professional experience operating zonal or nodal market simulation models in industry recognized products such as PLEXOS, ProMod, EnCompass. Candidates with prior PLEXOS experience are preferred.
• Familiarity with congestion curtailment analysis, capacity expansion methodologies, battery optimization modeling, and/or GIS a plus.
• Experience using PLEXOS API/Cloud SDK and automating data workflows is a plus.
• Prior consulting experience is strongly preferred.
• Ability to manage and lead small teams of analysts to execute deliverables.

• Ability to work collaboratively within a small team to develop and rapidly iterate on technical views to incorporate feedback from internal and external parties.
• Ability to advance new technical solutions (e.g., model improvements, analytics) with limited guidance.
• Demonstrated experience, via current or past work experience, in one or more North American power market (e.g., ERCOT, ISO New England, NYISO).
• Advanced Excel skills. Demonstrated ability to work in Python or R is preferred.
• Analytical skills, sound judgment, creative problem solving, and commercial awareness.
• Ability to communicate at all levels in the organization and externally with clients, both verbal and written.

Benefits

Daymark is headquartered in Worcester, Massachusetts. We offer flexible work arrangements (remote, hybrid, office), and our team is located throughout the United States and Canada.

We offer competitive compensation and benefits including:

• Collaborative and supportive work environment

• Participation in our 401(k) plan, including company matching

• Comprehensive group health and dental plans

Flexible spending accounts for health and dependent care

To apply for this role please please email your resume and cover letter to [email protected] outlining your experience and what you would bring to the role.

We look forward to receiving your application!