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NextEra Energy

Runs a Florida utility and builds wind and solar farms

Sr Analyst Market Analysis

Quantitative FinanceUpdated on Nov 14
Full-timeJuno Beach, FL, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree or higher in Mathematics, Statistics, Economics, Engineering, or a related quantitative discipline is required.
  • Strong analytical, mathematical, statistical, and problem-solving skills, including experience working with large datasets and complex analytical models, are required.
  • A strong understanding of electric power systems, generation planning, resource adequacy, reliability analysis, and energy markets is required.
  • The candidate must be able to work independently, manage multiple priorities, and communicate complex analytical concepts clearly to technical and non-technical audiences.
  • A bachelor's degree and at least four years of experience are required.

Responsibilities

  • Support implementation, validation, and ongoing use of SERVM, including developing and maintaining model inputs, assumptions, methodologies, and documentation.
  • Perform probabilistic resource adequacy and reliability studies; analyze LOLE, LOLH, EUE, ELCC, and Planning Reserve Margin metrics; and evaluate uncertainty related to weather, load, outages, renewable generation, and other system conditions.
  • Conduct quantitative analyses and planning studies to evaluate the reliability, operational, and economic impacts of generation additions and retirements, energy storage, renewable resources, load growth, transmission limitations, and wholesale energy transactions.
  • Analyze large and complex datasets and model outputs, perform sensitivity and statistical analyses, investigate unexpected results, and identify key drivers and insights to support planning and business decisions.
  • Collaborate with internal stakeholders, consultants, and software vendors to improve analytical methodologies and tools, and communicate study results, conclusions, and recommendations to technical and management audiences.
  • Develop and apply analytical models for electric system reliability, system operations, resource planning, market opportunities, and business initiatives; develop planning scenarios and methodologies; and translate results into actionable insights for Energy Marketing & Trading and other business units.
  • Support long-term generation planning, probabilistic reliability assessment, market evaluation, and strategic business decisions; evaluate uncertainty and system risk; interpret model outputs; and provide analytical insights and recommendations.
  • Work with limited direction on complex analytical assignments, select appropriate methodologies and assumptions, identify and resolve modeling issues, and communicate conclusions and recommendations to stakeholders.
  • Perform complex studies and forecast power prices over a 30-year period, working with internal and external technical and engineering teams to develop forecasts supporting existing and new projects or technologies.
  • Establish and maintain working relationships with internal and external contacts to develop data describing key market factors.
  • Formulate inputs to electric-sector modeling tools and assist with modeling efforts.
  • Maintain electric-sector models and proprietary tools with up-to-date market intelligence.
  • Perform market simulations and develop long-term power-market forecasts to support development, mergers and acquisitions, and management of existing assets.
  • Develop proprietary modeling tools and methodologies to analyze evolving markets and their impact on company businesses.
  • Analyze market, historical, and fundamental data, draw inferences, and present results clearly to management and external customers.
  • Provide training to junior modeling staff.
  • Perform other job-related duties as assigned.

Desired Qualifications

  • Experience with SERVM or other probabilistic resource adequacy and reliability modeling tools, and familiarity with LOLE, LOLH, EUE, ELCC, capacity accreditation, and planning reserve margins.
  • Experience with electric system planning or production-cost modeling tools such as Aurora, PLEXOS, PROMOD, GenTrader, or similar platforms.
  • Advanced proficiency with Excel and experience with analytical tools such as Python, R, SQL, Power BI, or similar applications.

About the Company

NextEra Energy

Runs a Florida utility and builds wind and solar farms

NextEra Energy owns Florida Power & Light, the regulated utility that supplies electricity to much of Florida, and NextEra Energy Resources, which builds and runs wind, solar, battery storage and nuclear plants across the United States. The company calls itself the world's largest generator of renewable energy from the wind and sun. FPL earns returns set by Florida regulators on the power plants and grid lines it builds, while Energy Resources sells power to utilities, technology companies and other large buyers under long-term contracts. NextEra Energy was formed in 1984 as the holding company for Florida Power & Light, which dates to 1925, and is based in Juno Beach, Florida.

Company size
10,001+
Company stage
IPO
Headquarters
Juno Beach, FL
Founded
1984

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