Energy Market Analyst

The Massachusetts Municipal Wholesale Electric Company (MMWEC) brings a competitive edge to Massachusetts municipal utilities dedicated to providing their customers with low-cost and reliable electricity. We plan, develop, and manage energy resources in an evolving marketplace that requires high levels of innovation and expertise.

We are currently seeking an experienced Energy Market Analyst for our Market Management and Planning Business Unit. This person will be responsible for managing all aspects of the Forward Capacity Market (FCM) and the Forward Reserve Market (FRM), with a working knowledge of the New England wholesale electricity market rules and procedures.

PRIMARY RESPONSIBILITIES:

• Fulfill all Forward Capacity Market (FCM) related reporting requirements and obligations.
• Calculate and submit Self-Supply designations.
• Monitor and participate in the Forward Capacity Auctions.
• Execute all Forward Reserve Market (FRM) related reporting requirements and obligations for Member Systems.
• Submit Forward Reserve bids on behalf of Member Systems.
• Monitor and participate in the Forward Reserve Market auctions.
• Oversee Assigned Portfolios of Power Costs Reports, Power Cost Forecasts, and Asset Performance Reports of Member Systems.
• Prepare and analyze periodic Power Portfolio Cost Reports, Forecasts, and Asset Economic Reports.
• Assist in communicating performance to member systems and internal audiences.
• Perform Daily Peak Demand Forecasting and Remote Dispatch Operations.
• Perform daily rotational duties such as duties involving asset generation and load demand bidding, peak alert forecasting, and electronic vehicle charging scheduling.
• Other projects and duties as assigned.

TRAINING AND EXPERIENCE:

• Bachelor’s Degree in math, science, engineering, finance, economics, or related field.
• 2-3 years of job-related experience.
• Advanced knowledge of Microsoft Office products, specifically Excel.
• SQL knowledge is a plus.
• Experience in customer service is also a plus.
• Demonstration of sufficient analytical problem-solving skills is a must.
• Must have the ability to work efficiently within time constraints while meeting Member System demands.
• Strong interpersonal and organizational skills are also key.

The wholesale energy market operates on strict timeframes. This role requires flexibility in work hours during peak operational periods.

MMWEC offers a competitive salary and benefits package, including robust medical and dental benefits with low employee cost, a savings retirement plan with a 6% company contribution and up to an additional 3% company match, earned vacation time, sick time, and 11 paid holidays. Our company prides itself on creating an environment that challenges employees to be passionate, energetic, proactive, and progressive.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. So, if you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply. You may be just the right candidate for this or other roles.

Massachusetts Municipal Wholesale Electric Company (MMWEC) eagerly accepts applications for employment from all qualified persons without regard to race, color, religious creed, national origin, sex, sexual orientation, GINA, marital status, gender identity, age, ancestry, veteran status, mental or physical disability, or political belief or affiliation.

The Massachusetts Municipal Wholesale Electric Company (MMWEC) is a leader in the energy industry, dedicated to supporting Massachusetts municipal utilities with innovative, sustainable, and reliable energy solutions. With nearly 50 years of public power joint action, MMWEC prides itself on its forward-thinking strategies, collaborative approach, and commitment to serving local communities.