Energy Market Analyst

About Us

We are the independent expert in assurance and risk management. Driven by our purpose, to safeguard life, property, and the environment, we empower our customers and their stakeholders with facts and reliable insights so that critical decisions can be made with confidence.

As a trusted voice for many of the world’s most successful organizations, we use our knowledge to advance safety and performance, set industry benchmarks, and inspire and invent solutions to tackle global transformations.

About Energy Systems

We help customers navigate the complex transition to a decarbonized and more sustainable energy future. We do this by assuring that energy systems work safely and effectively, using solutions that are increasingly digital. We also help industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry.

About The Role

Our Advisory group has an exciting opportunity for an Energy Market Analyst, in its Power System Advisory (PSA) Department. DNV Energys PSA team provides creative, cost effective and practical solutions to stakeholders in the power generation, transmission, and distribution systems. The Energy Market Analyst must demonstrate vision and drive and be passionate about contributing to the growth and evolution of the PSA business in North America. The ideal candidate will be aware of market opportunities where we can differentiate and innovate, and they will manage commercial projects, delivering technical insight and provide customers with excellent customer service.

Wholesale market analysis involving energy markets across the US (congestion & curtailment, basis, DA/RT, forward heat rates and spark spreads, ancillary services, natural gas, and correlations) assist with development of market valuation modelsTranslate wholesale market changes into strategic opportunitiesGenerate reports and market insight for clientsEvaluate the value and impact of various energy assets such as storage, wind, solar and distributed generationActively attend (in person/remote) industry stakeholder meetings and stay up to date with assigned market changes in terms of developments and policy changesContribute to the teams research and innovation activities supporting development of new techniques and/or analytical tools to enhance efficiency and/or capability improvementsAdhere to departments project quality and timeliness proceduresAssist in preparing responses to Statement of Qualifications (SOQs), Request for Proposals (RFPs) for new tenders/bids/opportunities

This position will ideally be based out of our Dallas (TX), Katy (TX), Austin (TX), Medford (MA) or Portland (OR) office.

What we offer

Generous paid time off (vacation, sick days, company holidays, personal days)Multiple Medical and Dental benefit plans to choose from, Vision benefitsSpending accounts FSA, Dependent Care, Commuter Benefits, company-seeded HSASpecial programs Employee Assistance Program, ID theft protection, and accident and critical illness options for you and your familyEmployer-paid, therapist-led, virtual care services through TalkspaceCompany provided life insurance, short-term, and long-term disability benefitsTuition assistanceFlexible work schedule with hybrid/remote opportunitiesAdvancement opportunitiesBenefits may vary based on position, tenure, location, and employee election

DNV is a proud equal-opportunity employer committed to building an inclusive and diverse workforce. All employment is decided on the basis of qualifications, merit, or business need, without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. DNV is committed to ensuring equal employment opportunity, including providing reasonable accommodations to individuals with a disability. US applicants with a physical or mental disability who require a reasonable accommodation for any part of the application or hiring process may contact the North America Recruitment Department (hrrecruitment.northamerica@dnv.com). Information received relating to accommodations will be addressed confidentially.

• Immigration-related employment benefits, for example visa sponsorship, are available for this position*

About You

Are you passionate about decarbonization of the grid? Are you excited to enable grid reliably to accommodate renewable energy? You can support us by analyzing projects helping our customers achieving these goals.

Minimum Requirements

Bachelors degree in finance, Economics, Engineering, Mathematics, or in a related field of studyMinimum two (2) years of direct work experience in energy production cost modeling or economic dispatch modeling using PLEXOS, PROMOD, UPLAN or EncompassKnowledge of North American RTO/ISO markets and their planning practicesFamiliarization with regional power and gas market construct for managing risk, including familiarity with Locational Marginal Prices (LMP), basis and congestion risk, renewable curtailment etc.Strong communication, organizational, interpersonal, problem solving and analytical skillsAbility to work in a high-paced team environmentExcellent written and verbal English communication skillsWe conduct pre-employment drug and background screening

What Is Preferred

Graduate level degree in Electrical Engineering with emphasis on Power SystemsIn-depth financial or economic knowledge/experience and understanding of the mechanics of the energy market (wholesale energy markets), ability to quantify trends impacting the industry and provide information that can aid commercial decisionsKnowledge of Eastern and/or Western grid interconnection and corresponding planning practices including resource integration studiesDemonstrable hands-on experience with power system analysis software packages including TARA, PSS/E and/or PowerworldWorking knowledge of automation scripts such as Python for development of automation modules