Analyst, Market Optimization & Trading

Clearway Energy Group is leading the transition to a world powered by clean energy. The Analyst, Market Optimization & Trading will support trading, hedging, and optimization strategies for ERCOT and PJM assets, develop market forecasting and risk-management tools, and analyze nodal power markets. The role also involves position management, market reporting, stakeholder communication, and monitoring regulatory developments.

What you'll do:

• Support the development and execution of day-ahead, real-time, and term trading and hedging strategies for Clearway’s ERCOT and PJM assets, including energy, ancillary services, and basis positions
• Assist in identifying and analyzing ~~congestion~~ market risk, including congestion
• Support participation in CRR/FTR auctions and virtual bidding strategies
• Work with Credit and Energy Risk to support the internal approval process for trading counterparties and transactions
• Communicate with project stakeholders on market conditions, trading risks, and optimization opportunities
• Work with the Market Analytics and Credit and Energy Risk teams to develop and enhance tools for position management, reporting, trade capture, and the ~~eventual~~ implementation of an enterprise risk management system
• Develop, operate, and maintain production cost and price forecasting models (e.g., using tools such as UPLAN, PROMOD, or Dayzer) to support nodal price and congestion forecasting for ERCOT and PJM
• Leverage data to create tools and automate workflows
• Mark and maintain forward price curves for ERCOT and PJM power products, and support stochastic risk modeling and correlation assumptions
• Prepare recurring and ad-hoc market recaps, outlooks, and presentation materials summarizing ERCOT and PJM fundamentals, price drivers, and trading performance for internal stakeholders
• Support day-to-day position management and P&L reporting for ERCOT and PJM trading portfolios
• Oversee the Energy Management documentation process, leveraging Clearway’s internal and external subject matter experts to bring trading, ISO, QSE, and enabling agreements to execution

What they're looking for:

• Bachelor's degree in finance, business administration, engineering, economics, mathematics, meteorology, or a related quantitative field
• 0-2 years of relevant experience
• Strong analytical and quantitative skills with a curious, inquisitive mindset and a genuine drive to understand how power markets work
• Prior trading experience is not required – relevant coursework, internship, or academic research in a quantitative field will also be considered
• Solid understanding of power markets, including forwards, futures, swaps, and options
• Ability to extract, manipulate, and analyze large datasets relevant to energy markets to support trading and risk decisions
• Highly motivated, self-starter, friendly personality, and good team player
• Attention to detail and inclination towards structure, organization, and process – as well as the ability to examine, question, and improve on the inputs and recommendations of others
• Strong organizational skills with the ability to oversee multiple projects simultaneously, track progress and needs of each, and provide high-quality deliverables accurately and on time
• Able to work well with geographically dispersed, cross-functional teams in a fast-paced environment
• Highly proficient in Microsoft Excel; proficient in Word and PowerPoint
• No visa sponsorship or any kind of sponsorship for employment authorization is available for this role, now or in the future

Benefits:

• This role is eligible to earn an annual cash bonus, subject to personal and company performance goals.
• Company-provided meals & events for office-based employees working together from the offices on Tuesday, Wednesday & Thursday.
• For all eligible employees working 20+ hours per week: generous PTO
• For all eligible employees working 20+ hours per week: medical, dental & vision care
• For all eligible employees working 20+ hours per week: HSAs with company contributions
• For all eligible employees working 20+ hours per week: health FSAs
• For all eligible employees working 20+ hours per week: dependent daycare FSAs
• For all eligible employees working 20+ hours per week: commuter benefits
• For all eligible employees working 20+ hours per week: relocation
• For all eligible employees working 20+ hours per week: a 401(k) plan with employer match