Power Market Analyst

WHO WE ARE:

Do you want to be part of the Canada’s exciting energy transition through the development of energy storage, renewables, hydrogen, and carbon capture and sequestration? If you have an entrepreneurial spirit coupled with strong business acumen and a customer service approach, we are looking for you to join our team and share our vision, commitment, and values. ATCO EnPower represents a diverse collection of assets strategically positioned to meet the evolving energy needs of our customers. ATCO EnPower holds a competitive position in the Alberta Industrial Heartland with hydrocarbon salt cavern storage and industrial water solutions. In addition, ATCO EnPower owns and operates strategic energy assets such as natural gas storage, wind and solar power generation, hydro-power generation, and northern energy solutions. This diversity uniquely positions ATCO to execute on its core vision of ‘Delivering Inspired Energy Solutions for a Better World’ and will position ATCO as a leader in this generational energy transformation.  

DESCRIPTION:  

Reporting to the Senior Manager, Policy & Sustainability, the Market Analyst is responsible for delivering quantitative insights and market analysis that drive strategic decisions across EnPower’s growth and operational initiatives. This role focuses on evaluating electricity markets, policy trends, and regulatory developments through financial analysis and data modeling. It supports investment and commercial analysis, risk identification, and strategic positioning, with a strong emphasis on EnPower’s participation in Alberta’s electricity market and emerging opportunities in other jurisdictions.

Key Responsibilities include:

•    Supporting the evaluation of electricity and energy market trends across Alberta and relevant external markets
•    Developing strategic insights that inform policy advocacy and regulatory engagement
•    Coordinating with internal stakeholders to analyze impacts of market design, rules, and structural changes
•    Preparing market forecasts and analytical reports to support development opportunities and operations
•    Identifying opportunities and risks from economic, policy, and market developments
•    Contributing to commercial strategies through market insights and quantitative analysis
 

RESPONSIBILITIES:  

Responsibility Area #1 – Market intelligence and long-term forecasting of supply/demand fundamentals.
•    Build and maintain models that evaluate the economic impacts of electricity market changes, regulatory shifts, and policy proposals.
•    Develop forecasts and price curves based on market fundamentals, load projections, policy risks, and evolving supply/demand dynamics.
•    Quantify potential upside/downside scenarios for EnPower’s development projects under various market and regulatory outcomes.
•    Conduct impact assessments of AESO rule changes, market design initiatives, and AUC decisions on asset valuation and revenue generation.

Responsibility Area #2 – Commercial analytics and business development support.
•    Support commercial due diligence for new electricity generation projects and M&A activity through market modeling and scenario analysis.
•    Collaborate with development teams to assess commercial feasibility of opportunities across Alberta and other target jurisdictions.
•    Integrate market pricing, policy insights, and regulatory constraints into project financials to optimize investment decisions.
•    Identify risk mitigation strategies and portfolio positioning tactics in response to market volatility or regulatory uncertainty.

Responsibility Area #3 – Support policy and regulatory advocacy through data analysis.
•    Provide analysis and insights to support policy advocacy and regulatory filings.
•    Translate technical regulations and market trends into clear, quantifiable business impacts to inform leadership decision-making.
•    Produce policy position papers backed by robust financial impact analysis to support EnPower’s regulatory engagement and advocacy.
 

SKILLS & QUALIFICATIONS:

•    Bachelor's degree in economics, engineering, or other quantitative discipline is preferred
•    5-7 years of experience in a similar role is preferred
•    Strong knowledge and understanding of electricity markets, market dynamics, power purchase agreements (PPAs), and economic drivers of electricity and renewable energy projects, particularly in relation to Alberta’s market. 
•    Strong understanding of how supply/demand fundamentals may evolve and how this translates into a long-term outlook for pricing in power markets and how this affects revenue generation opportunities for different asset types.
•    Knowledge and understanding of environmental attributes and various carbon credit markets in Alberta and Canada (other jurisdictions would be an asset).
•    Strong understanding of policy and regulation in provincial and federal jurisdictions that apply to the execution of EnPower’s strategies and related electricity project development activities.
•    Experience evaluating policy and regulation for its business or strategic impacts and translating the information into financial impacts and insights relating to operating assets and development projects.
•    Knowledge of, or ability to understand, commercial and technical aspects of electricity generation and an ability to evaluate the impact on revenue generation or strategic positioning in markets.
•    Advanced Excel skills and familiarity with data analysis tools (e.g., Python, SQL, Power BI).
•    Ability to evaluate the financial, economic and commercial impacts of government policy and regulatory decisions on EnPower’s development opportunities including ability to quantify these impacts
•    Strong quantitative reasoning and ability to communicate complex financial data to non-technical stakeholders.
•    Commercial mindset with a strategic approach to risk, opportunity assessment, and portfolio optimization.
•    Ability to build and manage databases, price models, and sensitivity analysis tools.
•    High-level collaboration skills to work across teams including finance, regulatory affairs, development, and operations.
•    Ability to understand and execute on a broad range of business areas, including ability to quickly become knowledgeable on emerging issues and effectively and strategically apply new knowledge
•    Excellent attention to detail. 
•    Demonstrated ability to be resourceful, including ability to research requirements of new business activities or new jurisdictions
•    Strong business analytics capabilities including strong analytical skills, ability to think strategically, analyze and synthesize diverse qualitative and quantitative data and information.
•    Proven ability to simultaneously manage multiple projects, prioritize and respond quickly to time-sensitive issues
•    A strong commitment to Health & Safety and a culture of caring


We would like to thank everyone for their application; however, only those being considered for an interview will be contacted.

Final candidates will be required to undergo a Security Clearance Check.

ATCO is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by law.