Analyst, Power Markets & Origination

Onward Energy is an independent power platform that owns and operates utility-scale wind, solar, and natural gas generation projects across the U.S. The Analyst will support the Power Markets & Origination team through energy settlements, revenue contract compliance, trading support, customer relationship management, REC portfolio management, market research, and regulatory reporting.

What you'll do:

• Develop a comprehensive understanding of the Company’s commercial revenue contracts, including long-term power purchase agreements (PPAs), energy hedges, heat rate call options, and other commercial contracts
• Manage, administer, track compliance obligations and log communications across the portfolio, including reporting deliverables, guaranteed energy production, delivery of financial statements, and other counterparty requirements
• Perform market research and analysis related to energy bidding strategies, forward energy trades, Financial Transmission Rights/Congestion Revenue Rights and structured products, including identification of correlations in datasets
• Support daily bidding strategy development and confirmation of bid submissions
• Manage settlement reconciliation and invoice creation for Onward Energy’s portfolio of thermal, wind, and solar projects by: + Maintaining and enhancing settlement and revenue models, + Analyzing settlement data to identify discrepancies and ensure accuracy of revenue calculations, + Coordinate with Accounting and other internal teams to ensure timely and accurate invoice issuance, and + Develop and maintain Standard Operating Procedures for critical Power Markets & Origination processes and procedures
• Oversee a variety of obligations tied to the portfolio’s Renewable Energy Credit (REC) administration, including tracking deliveries, reconciliations, invoicing, regulatory reporting, and compliance with market requirements
• Support the preparation of State and Federal regulatory reporting deliverables, such as FERC EQRs, EIA reports, etc
• Serve as the Subject Matter Expert (SME) for Independent System Operator (ISO) settlement tariffs, market rules, settlement methodologies, and related processes impacting Onward Energy's portfolio
• Take initiative to identify existing processes that can be optimized to improve overall performance and reliability and/or find opportunities for automation
• Support the Power Markets & Origination team in ad-hoc assignments relating portfolio risk management, M&A due diligence, and market research
• Collaborate with several different teams across the company, including Asset Managers, Engineers, Accountants and Attorneys, to support the commercial and operational performance of the Company’s portfolio
• Perform additional duties and special projects as assigned

What they're looking for:

• Bachelor's Degree with quantitative focus (e.g., Economics, Engineering, Environmental Science, or Finance). Experience may substitute for degree
• 0 – 2 years of professional experience in energy markets, settlements, accounting, finance, commercial operations, or a related field
• Advanced proficiency in Microsoft Excel, including the ability to build, maintain, and analyze complex models and datasets
• Ability to quickly gain proficiency with concepts driving the North American organized electricity markets (e.g., CAISO, ERCOT, MISO, PJM, SPP, ISO-NE, or NYISO); knowledge of bilateral energy markets is also beneficial
• Excellent problem solving and analytical skills with the ability to synthesize data from various sources, understand issues, and identify solutions
• Self-starter with a strong work ethic and aptitude for intellectual curiosity; ability to do independent research, learning and analysis using various tools including LLMs and linear regression
• Exceptional verbal and written communication skills
• Strong interpersonal skills and the ability to build effective working relationships with internal stakeholders, external counterparties, and customers
• Exceptional organizational skills, attention to detail, and the ability to manage multiple priorities in a fast-paced environment

Benefits:

• Hybrid office environment, with team members in the office at least three days per week
• Health/life insurance
• Retirement savings benefits