What are the responsibilities and job description for the Energy Market Analyst position at Massachusetts Municipal Wholesale?
The Massachusetts Municipal Wholesale Electric Company (MMWEC) brings a competitive edge to Massachusetts municipal utilities dedicated to providing its 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. Our values are old-fashioned, reflecting 40 years of public power joint action, but our service is enlightened.
We are currently seeking an Energy Market Analyst for our Market Management and Planning Business Unit. This person will work with a small team to manage all aspects of the Forward Capacity Market (FCM) and the Forward Reserve Market (FRM). They will develop 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
Required
- Bachelor’s Degree in math, science, engineering, finance, economics, or related field
- 0-3 years of job experience in an analytical role. On the job training can be provided for all levels (salary commensurate with experience)
- Advanced knowledge of Excel
- Analytical problem solving skills
- Ability to work efficiently within time constraints, while meeting quality expectations
- Strong interpersonal and organizational skills
Beneficial, but not required
- Energy experience is a plus
- Experience in customer service or client-facing operations is a plus
- SQL knowledge is a plus
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 in creating an environment that challenges employees to be passionate, energetic, proactive, and progressive.
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, and political belief or affiliation.
Job Type: Full-time
Pay: From $70,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Referral program
- Retirement plan
- Tuition reimbursement
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
- Weekends as needed
Ability to commute/relocate:
- Ludlow, MA 01056: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):
- What is your desired salary for this position?
Work Location: Hybrid remote in Ludlow, MA 01056
Salary : $70,000