Principal Analyst, Power Markets Modeler

Principal Analyst, Power Markets Modeler

Newton, Massachusetts, United States

Join the market leader in electric power data and analytics solutions

The electrical grid is the largest and most complicated machine ever built. Yes Energy's industry-leading electric power trading analytics software provides real-time visibility into the massive amount of data generated by the North American electrical grid daily. Our unique and innovative view of the data informs real-time trading decisions and mid-to-long-term investment decisions that keep utility prices low, support the energy transition, and keep the grid running.

It's both challenging work and work with a purpose.

Be a part of our successful, growing business during international transformation.

Position Summary

As a Principal Analyst, Power Markets Modeler, you will serve as a high-level subject matter expert and strategic lead in the development of our asset-level forecasts. You will dive deep into North American power market fundamentals and regulatory trends to deliver sophisticated insights into renewable, thermal, and transmission assets. In this role, you will not only lead complex modeling projects but also shape the methodology and technical standards that drive our data platform forward.

Position Details

• Salary range: $135,000 - $160,000
• Location:
  
  Hybrid - Boston (Newton), MA
• Full-time
• Hybrid - 2 days in the office
• Reporting to:
  Director, Energy Modeling
• Travel requirements:
  Occasional travel as needed for client or team collaboration

Primary Responsibilities

• Develop Grid Models:
  Build and maintain forecasts of the North American electric grid using in-house tools and proprietary procedures.
• Market Monitoring:
  Track trends in renewable energy, battery storage, energy policy, and the retirement of conventional generation.
• Data Automation:
  Leverage technical skills to automate the ingestion of input datasets and the analysis of model results.
• Benchmarking & Testing:
  Plan and execute benchmarking to test model accuracy and drive continuous improvement in future modeling.
• Quantitative Analysis:
  Analyze external US power grid data spanning environmental, financial, and operational metrics.
• Client
  
  Collaboration:
  
  Serve as a subject matter expert to explain market models and scenarios to clients and success teams.
• Model Ownership:
  Own the evolution of your models over time, ensuring they adapt to shifting market fundamentals.

Minimum Qualifications

• Bachelor's degree in engineering, mathematics, or another quantitative field.
• Strong data analysis skills with hands-on experience using Python, R, or similar languages.
• Foundational knowledge of North American power market fundamentals and regulatory trends.
• Academic understanding of optimization modeling (constraints/shadow pricing) and microeconomics.
• Basic understanding of elementary finance, including net present value (NPV) calculations.
• Strong communication skills with the ability to explain complex findings to diverse teams.
• Ability to thrive in a fast-paced, dynamic environment.

Key Competencies

• Advanced Degree:
  Master's or PhD in engineering, mathematics, or economics.
• Simulation Expertise:
  Prior experience with power system models like ENELYTIX, AURORA, PLEXOS, or PROMOD.
• Industry
  
  Experience:
  
  Previous work in power markets or renewable energy.
• Energy Industry Knowledge:
  Deep understanding of ISO/RTO market data, including pricing and congestion.
• Technical Execution:
  Proficiency in econometrics, statistics, and manipulating data via SQL or Python.
• Problem Solving:
  Ability to apply structured thinking to break down complex grid challenges.
• Systems Thinking:
  Understanding how data, technology, and market processes interact across the grid.

At Yes Energy, we value connecting directly with candidates. We kindly ask that third-party recruiters and agencies not submit resumes, as we are not open to external recruiting partnerships.

About Yes Energy

Overview

Yes Energy delivers real-time market data and electric power trading decision solutions. Over 1,000 market participants use Yes Energy solutions daily. The business is a leader in all aspects of information content collection and management, developing and delivering data and…