Energy Market Analyst
Ludlow, MA
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
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. Position also offers a rotating schedule to foster work life balance. 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.
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