Analyst, Power Markets Modeler

Posted 3 Days Ago
Be an Early Applicant
Newton, MA, USA
Hybrid
90K-110K Annually
Junior
Big Data • Information Technology • Software • Energy • Big Data Analytics
We’re a team of energy and information professionals who really think that power market data is fun.
The Role
As an Analyst, you will develop asset-level forecasts and models, analyze power market data, and collaborate with clients to provide insights on North American power markets.
Summary Generated by Built In

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 an Analyst, Power Markets Modeler, you will play a key role in developing our differentiated asset-level forecasts and models. You will research North American power market fundamentals and regulatory trends to provide accurate, granular insights into renewable, thermal, and high-voltage transmission assets. Working within a multi-functional collaborative team, you will bridge the gap between complex power grid data and actionable client insights. 

Position Details

  • Salary range: $90,000 - $110,000 
  • 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 market analytics solutions. Since its inception in 2008, Yes Energy has become a trusted and respected supplier of innovative and reliable solutions focused on the needs of power market analysts, traders, and trade managers.  Yes Energy has a team of over 350 amazing professionals in Boulder, CO (HQ); Boston, MA; Chicago, IL; Glendora, CA; Richmond, VA; London, United Kingdom; Auckland, New Zealand; and Bucharest, Romania.

Culture

Yes Energy has been named one of the Best Places to Work in Colorado, and we have the culture to prove it. At Yes Energy, we care about saying “Yes” to customers. We like to listen, learn, and develop our solutions in line with their needs. We think about customers as business partners, and when we help them be more successful … we are more successful, too.

Around the office, our culture is driven by some pretty fundamental values that we’re proud of:

  • We love innovation and solving tough challenges;
  • We are “high standards people” who combine passion and pride with hard work and rewards of all kinds-- in an ethic that is consistent across the company.
  • We’re team-focused with a flat hierarchy-- we work in small teams on well-defined projects that directly impact the success of the business;
  • We play to the strengths and experience of each person while each of us also works along a continuum of roles adjacent to our focus area.  This presents the challenge of maintaining a broad set of skills as well as an opportunity to learn and contribute in many ways. 
  • We are constantly growing. Professional development happens every day and every year.

Compensation and Benefits

We offer highly competitive salaries and real bonuses that are achievable and that you can impact. Our benefits package is also very competitive, including medical insurance, a 401 (k) Plan with matching, flexible vacation, and flexible work schedules. Yes Energy encourages and funds investment in both formal and informal professional development.

At Yes Energy, we are dedicated to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

In accordance with Colorado law, the range provided is Yes Energy’s reasonable estimate of the base compensation for this role. The actual amount may be higher or lower based on non-discriminatory factors such as location, experience, knowledge, skills, and abilities.

Yes Energy provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Yes Energy complies with applicable state and local laws governing nondiscrimination in employment in every location where the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Skills Required

  • 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
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The Company
HQ: Dedham, MA
142 Employees
Year Founded: 2008

What We Do

Hi, we’re Yes Energy Yes Energy leads in electric power trading analytics software. We are THE power market data experts. We provide the most comprehensive, robust, and high-quality energy data and analytics tools available, empowering companies to navigate highly complex and dynamic power markets to maximize their bottom line. Founded in 2008 by Michael McNair, Yes Energy’s goal is to support you in performing game-changing analytics. We take data quality seriously. The volume of data available continues to expand rapidly, and it can be difficult to determine how to turn that data into actionable insights for your business. That’s where we come in. We put the data into the hands of our customers, enabling you to gain powerful insights, and ultimately make profitable decisions for your business. We have teams of experts collecting, cleaning, mapping, monitoring, and engineering data. Yes Energy aggregates and standardizes data from all Independent System Operators (ISOs), non-ISOs, and third-party partnerships, and that includes historical data from the inception of the markets. We offer this data in the format best suited for your business, whether that’s through our powerful user interface, an API, the Cloud, or a Lake.

Why Work With Us

Yes Energy is made up of a group of collaborative individuals who support each other. We are the leaders in our industry. Yes Energy gets our name from saying Yes to our customers and we say Yes to our employees as well.

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