Lead Commodities Analyst

Join to apply for the Lead Commodities Analyst role at Massachusetts Municipal Wholesale Electric Company (MMWEC)

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Join to apply for the Lead Commodities Analyst role at Massachusetts Municipal Wholesale Electric Company (MMWEC)

Massachusetts Municipal Wholesale Electric Company (MMWEC) provided pay range

This range is provided by Massachusetts Municipal Wholesale Electric Company (MMWEC). Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $/yr

About The Job

The Massachusetts Municipal Wholesale Electric Company (MMWEC) is the backbone of Massachusetts’ municipal utilities — empowering local communities with reliable, affordable, and increasingly innovative power supply solutions. As the energy landscape accelerates into a more complex, technology-driven future, we’re expanding our capabilities and growing an ambitious Market Management & Planning team ready to meet that challenge. We are seeking a Lead Commodities Analyst to help shape the strategic direction of our Members’ power supply portfolios.

This role goes beyond analysis — it is a chance to influence market strategy, optimize resources, and drive decisions that directly support the long-term resilience of municipal utilities across Massachusetts. If you thrive at the intersection of data, strategy, and emerging technology, this is a meaningful opportunity to make an impact.

Primary Responsibilities

• Build, evolve, and broaden MMWEC’s short- and mid-term power supply programs.
• Present physical and financial supply strategies and hedging options to Member Systems.
• Define Member risk tolerance and structure transactions that promote stability and flexibility.
• Apply energy derivative pricing knowledge to optimize optionality and resource positioning.

Power Portfolio Management

• Conduct structured analysis of Member resource mixes, identifying risks and diversification opportunities.
• Monitor fuel inputs, forward markets, and utilization trends to reduce or stabilize power costs.
• Implement strategies that reduce exposure, optimize resources, and meet budget targets.
• Provide regular portfolio reviews and establish hedge/exposure targets within risk parameters.

Asset Optimization & ISO-NE Market Operations

• Develop and execute strategies to maximize the economic and operational value of Member and MMWEC assets across ISO-NE markets (capacity, reserves, regulation, and more).
• Report gross margins and asset economics with accuracy and insight.
• Serve as backup bidder for Stony Brook and MMWEC assets in Day-Ahead and Real-Time markets.
• Oversee Peak Alert and Remote Dispatch operations and communicate economic outcomes to Members.
• Manage REC trading, procurement, and retirement in alignment with Member strategies.

Reporting & Forecasting

• Prepare and analyze Power Portfolio Cost Reports, Power Cost Forecasts, and Asset Performance Reports.
• Communicate performance results to Member Systems and internal stakeholders.
• Ensure the accuracy, completeness, and quality of all distributed data.

Rotational & Daily Operations

• Perform Daily Peak Demand Forecasting and Remote Dispatch duties.
• Participate in daily rotational responsibilities including bidding, peak alert forecasting, and EV charging scheduling.
• Support special projects and emerging initiatives as assigned.

Training and Experience

• Bachelor’s Degree in math, science, engineering, economics, or a related technical discipline.
• 3–7 years of relevant experience in energy markets, commodities, analytics, or similar fields.
• Advanced proficiency in Microsoft Excel required; SQL or other database experience preferred.
• Strong analytical and problem-solving skills with the ability to interpret conflicting data.
• Excellent communication skills and the ability to translate complex concepts to diverse audiences.
• Strong interpersonal skills and the ability to manage deadlines and Member expectations effectively.
• Integrity, reliability, and a detail-oriented mindset.

Benefits

MMWEC offers a competitive salary and benefits package including robust medical and dental benefits with low employee cost, a savings retirement plan with…