Power Energy Market Analyst Job in Bangalore at ICF

ICF is hiring for the role of Power Energy Market Analyst!

Responsibilities of the Candidate:

• Collect and analyze data for power sector modeling projects (i.e., technology characterizations, regional load and energy demand data, emissions control technologies cost and performance)
• Perform production cost modeling and transmission congestion analysis of power markets
• Assist in modeling and analysis of nodal power markets including financial calculations and other standard asset valuation-related tasks
• Assist in load flow analysis of transmission and distribution systems, including steady state, contingency, and dynamic analysis
• Lead data input, and output processes and maintain datasets, and templates required for nodal power market modeling
• Research and keep the broader group updated on the latest power market developments in prominent ISO/RTO markets that influence power price forecasts, electric transmission congestion, and other factors that influence power price fundamentals
• Perform advanced quantitative analysis of transmission systems around the world to assess and forecast the future of electric reliability, transmission bottlenecks, and regulatory effects, among other parameters
• Support modeling and policy analysis related to transmission, renewable energy, smart grid, and distribution
• Develop code and macros to process and manage large datasets
• Preparing high-quality written and electronic products

Requirements:

• A master’s degree in Power / Energy systems or a bachelor's in electrical engineering is a must
• 1-2 years of production cost modeling, and/or economic power market analysis experience (including internships)
• Experience in production cost modeling using industry-standard models such as GE-MAPS, PROMOD, GridView, or PLEXOS
• Basic knowledge of industry-standard power flow tools such as GE-PSLF, PSS/E, PowerWorld, CYMDIST
• Ability to demonstrate strong quantitative and/or modeling skills, specifically database management and data analysis skills
• Knowledge of linear optimization and energy and environmental markets is an advantage
• Advanced Microsoft Office (Excel and VBA) skills
• Knowledge of Excel macro programming and other programming languages
• Good research skills
• Strong analytical and organizational skills
• Ability to prioritize and work on multiple projects under strict deadlines in a fast-paced environment
• Excellent written and oral communication skills
• Works collaboratively with the project team and client to achieve established goals