Posted 1mo ago

Market Analytics

@ Peregrine Energy Solutions
Boulder, Colorado, United States
$85k-$120k/yrRemoteFull Time
Responsibilities:forecasting tools, market analysis, risk analysis
Requirements Summary:2+ years in market analytics; knowledge of US wholesale power markets; Python/SQL; energy storage/renewables experience.
Technical Tools Mentioned:Python, SQL, PLEXOS, Aurora, DAYZER, PowerSIMM, BatterySIMM, Ascend Analytics
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Job Description

Peregrine Energy Solutions is seeking a highly skilled quantitative Market Analytics (Associate/Senior/Lead Associate) professional who possesses expertise in power market dynamics and fundamentals to support the Origination, Development, and Finance teams.  This is a full-time position and can be fully remote. 


Essential Responsibilities: 

Fundamental Market Analysis, Commodity Structuring & Risk Analysis: 

  • Directly running and/or building power market forecasting tools used to build revenue expectations for project development with an understanding and application of market structures.
  • Quantitative market analysis and risk analysis focused on product pricing, contractual requirement analysis, risk, and exposure.
  • Programmatic coding, data manipulation, and curation from source all the way through to rendering final conclusions for commercial decisions. 
  • Evaluating market wholesale and retail rules to help develop fit-for-purpose products and solutions to address identified customer needs. 
  • Following and researching impacts from regulatory changes within multiple markets, both regulated and unregulated.
  • Supporting analysis for pricing and execution of highly structured transactions and structured products creation (e.g. clean firm energy block products), across the spectrum of both financial and physical full-load requirements.
  • Ad Hoc analysis projects related to anything Peregrine may be contemplating with regards to siting, pricing, trading, M&A, etc. 
  • Supports regular Market Analytics reporting functions.

Required Skills/Experience

  • 2+ years of market fundamentals, price forecasting, market analytics, and risk analysis with a focus on energy storage and renewables and/or quantitative risk management and hedging experience in the energy industry.
  • Knowledge and experience with US wholesale power market rules in at least 1 of the following ISOs :ERCOT, SPP, MISO, PJM.
  • Basic skills in Data Science specifically Python& SQL or similar programming and machine learning languages, and processes.
  • Understanding and experience in production cost modeling (PLEXOS, Aurora, DAYZER, etc.).
  • Experience in Ascend Analytics products: PowerSIMM BatterySIMM is a big plus!

Succeeding in this role will require: 

  • Self-motivation and a strong work ethic within a highly entrepreneurial, high-growth organization.
  • Ability and willingness to challenge the thoughts and predisposition of others while simultaneously being open to having your own thoughts challenged.
  • The energy market is complex, fast-paced, and constantly changing so staying abreast of developments is critical with an appetite to always be learning.
  • Willingness to travel (5%).

Salary: The salary range for this position is $85,000 – $120,000 annually. Final compensation will be determined based on relevant experience, technical skills, education, certifications, and alignment with the role’s responsibilities, as well as internal equity considerations

Bonus: This position may be eligible to receive an annual cash incentive bonus capped at a % of your base salary and on your performance review, and potentially long-term incentive participation.

Benefits: Current benefits include healthcare, dental and vision plans, 401(k)- retirement plan, group life and disability insurance.

Company Description:

Peregrine Energy Solutions is an integrated and multi-technology clean energy platform with a focus on utility scale energy storage that was established in 2022 through a partnership between Peregrine Energy Management and a global alternative investment manager with approximately $20 billion of assets. Peregrine Energy Solutions is a limited liability company formed in Delaware and headquartered in Boulder, Colorado.