Energy Market Analyst (Solutions)

About the Role 

We are looking for an Energy Market Analyst to join our India-based team, focusing on essential tasks within model development and technical delivery. This role involves responsibilities that contribute directly to the maintenance, enhancement, and testing of our models, ensuring our solutions remain cutting-edge and relevant to the evolving market needs. 

Key Responsibilities:

1. Model Development/Enhancement 

• Support senior analysts in identifying and implementing model enhancements, such as integrating new data sources or refining model assumptions. Contribute by conducting initial research, data sourcing, and preliminary analysis to inform model adjustments. 

• Perform regular updates to energy market models, incorporating bulk data transfers and ensuring model parameters align with the latest market data. 

• Support data preparation, cleansing, and structuring to maintain data integrity and facilitate accurate modeling. 

2. Scenario Analysis and Sensitivity Testing: 

• Assist in developing and running energy market scenarios and sensitivity analyses, adjusting model parameters to test different market conditions and reporting insights that can aid in decision-making. 

3. Report and Dashboard Development: 

• Develop and maintain BI reports and dashboards using Microsoft Power BI, transforming data into visually engaging insights for internal and client presentations. 

• Optimize Excel workbooks and dashboards with large data models to ensure smooth functionality and usability. 

4. Testing and Quality Assurance: 

• Develop test models and conduct test cases to validate results, ensuring model accuracy and stability with each software release. 

• Contribute to model calibration by adjusting input parameters and aligning outputs with historical data benchmarks. 

• Conduct regular quality checks on input data and model assumptions to ensure accuracy, consistency, and alignment with industry standards. Address data discrepancies and coordinate with relevant team members to resolve any data-related issues. 

5. Model Troubleshooting: 

• Provide assistance to client-facing teams by troubleshooting and resolving basic model-related queries. Collaborate with support teams to address client concerns and document common issues and solutions for future reference. 

6. Documentation and Process Improvement: 

• Document workflows, processes, and updates to ensure consistent and efficient model management practices. 

• Identify areas for improvement and propose enhancements to streamline processes and boost productivity. 

Required Skills and Experience: 

Educational Background: Bachelor’s degree in Energy Economics, Engineering, Data Science, or a related field. 

Technical Skills: 

• Proficiency with data analysis and visualization tools, particularly Microsoft Power BI and Excel. Experience of optimizing large Excel data models is highly advantageous.  

• Familiarity with programming languages such as Python VBA for data manipulation is a plus. 

Knowledge of Energy Markets: 

• Foundation in energy economics and market structures, with knowledge of European energy markets as a bonus. 

• Understanding of energy market modeling principles and experience interpreting model results. 

Preferred Skills: 

• Prior experience in data modeling software, especially in energy markets. 

• Familiarity with PLEXOS or comparable energy simulation tools. 
• Experience managing and visualizing large datasets for reporting. 

Why Join Us: 

 This role offers a unique opportunity to grow in the energy industry, working with cutting-edge modeling software and large-scale data analysis. You’ll gain valuable experience in a field that’s at the heart of global energy solutions, with the flexibility of remote work, competitive compensation, and a direct role in advancing the future of energy.