The Power Markets Advisor provides long term fundamental analytics and price forecasts across multiple ISOs to support the growth of ENGIE’s renewable investment portfolio

The position is located in Houston, TX and reports to Director of Congestion Trading

What you’ll do:

• ISO market experience, preferably in the congestion area
• Forecast power prices, grid conditions, and power plant economics using grid modeling software (Dayzer preferred)
• Analyze market developments including new technologies, new policies, and changes in underlying economic conditions for their impacts on the power grid
• Collaborate with other analysts to maintain the generation queue and hourly volume shapes
• Develop and execute appropriate scenario studies for long-term horizon (5-15 year) and systematically analyzing the results
• Provide fundamental narrative for the prospective renewable investments
• Provide future basis risks and opportunities at ENGIE’s current asset locations, and prospective locations
• Articulate macro-fundamental (supply, demand, renewables) and mirco-fundamental (specific transmission and generation outage impacts, bids, facility limits) drivers
• Identify model gaps by calibrating the model results to market outcomes and determine appropriate solutions
• Recommend and implement process improvements to the enhance fundamental trading
• Assist asset managers with ad-hoc fundamental analyses
• Participate in ISO meetings as appropriate and assess commercial impacts
• Assist in trading functions as appropriate
• Collaborate with risk and compliance teams to review and improve trade controls
• Collaborate with IT personnel to maintain and improve trade tools

What you bring:

• Bachelor or Master’s degree in relevant disciplines (Engineering/Business/Finance) preferred
• Minimum two years of work experience in power markets analysis, power plant economics, price forecasting, trading, or a related discipline
• Minimum five years of work experience in the energy industry
• Experience with one of the major market areas in the US: ERCOT, PJM, NYISO, MISO, SPP, CAISO
• Experience in power markets analysis, power plant economics, price forecasting, trading, or a related discipline
• Understanding of powerflow shift factors, line-outage distribution factors and contingency analysis concepts
• Strong analytical skills
• Clear and effective communicator
• Willingness to engage in dialogue and debate with colleagues
• Proficient in SQL and VB or Python
• Knowledge of statistical techniques

Additional Information/Conditions:

• Must be eligible to work for any U.S. employer without the need for sponsorship now or in the future
• Must be willing and able to comply with ENGIE’s policy with respect to COVID vaccination and testing
• Must be willing and able to comply with all ENGIE ethics and safety policies
• While performing the duties of this job, the employee is not exposed to weather conditions
• Ability to meet highest attendance requirements
• Ability to communicate effectively, both written and verbally
• Ability to handle multiple assignments on a timely basis with a high degree of accuracy
• Ability to use a personal computer, calculator, etc.
• Could involve some lifting
• Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job
• Reasonable accommodations may be made to enable individuals with the needed assistance to perform the essential functions
• Eligible for a hybrid schedule consisting of in-office and work-from-home opportunities

Why ENGIE?

ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it! Join us as we develop energy that is more renewable, more efficient, and more accessible to everyone.

Unite with us in leading the transformation of the world of energy! ENGIE is looking for talented and motivated individuals to create the future of energy and customer solutions. Join a rewarding and flexible work environment that encourages innovation and creativity to help customers meet their energy challenges today and in the future. Are you up for the challenge?

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion. We do so for the benefit of our employees, customers, products and services, and community. So ENGIE is proud to be an equal opportunity workplace and is also an affirmative action employer. We are firmly committed to creating an equitable and inclusive environment for all employees.

We are committed to providing employees with a work environment free of discrimination and harassment. All employment decisions at ENGIE are based on business needs, job requirements, and individual qualifications. ENGIE is committed to providing equal employment opportunities regardless of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship, age, sex or gender (including pregnancy, childbirth, and related medical conditions), gender identity, or gender expression (including transgender status), sexual orientation, marital status, civil union, or domestic partnership status, military service or veteran status, physical or mental disability, protected medical condition, genetic information, or any other legally protected category (referred to as “protected characteristics”) as defined by applicable federal, state or local law in the locations where we operate.

The pay range for this role is: $92,395 - $236,600. The listed salary range represents ENGIE’s good faith estimate for this position and represents the minimum and maximum for new hire salaries across all U.S. locations. An employee’s rate of pay within the range is determined by their work location, and additional factors, including qualifications, relevant experience, and demonstrated performance over time. In addition to those factors, we believe in the importance of pay equity and consider internal equity of our current team members as a part of any final offer. Please keep in mind that the range stated above is the full base salary range for the role. Hiring at the maximum of the range would not be typical in order to allow for future and continued salary growth. This position is eligible for our comprehensive and competitive benefits package and certain positions are eligible for additional forms of compensation such as bonuses and commissions. ENGIE complies with all federal, state, and local minimum wage laws.

Your talent acquisition partner can share specific information regarding the salary for the position based on the work location.

If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. Please note: This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.