Full-Time

Energy Analyst

Posted on 11/15/2024

Ascend Analytics

Ascend Analytics

51-200 employees

Software and consulting for renewable energy analytics

Data & Analytics
Energy

Compensation Overview

$75k - $100kAnnually

Junior

Boulder, CO, USA

Category
Data Science
Data & Analytics
Required Skills
Python
R
Requirements
  • Bachelor’s degree in a quantitative field, such as economics or engineering with evidence of strong academic performance.
  • 1+ years of hands-on experience in a similar position
  • Strong quantitative analytical skills, including the use of Excel and existing knowledge or the ability to learn the basics of coding in software packages such as SAS, Python or R.
  • Strong interpersonal skills, teamwork skills, and work ethic.
  • Excellent verbal and written communication skills.
  • Ability to prioritize multiple assignments and problem-solve with minimum supervision.
  • Excellent organizational skills and attention to detail.
Responsibilities
  • Perform quantitative analysis combining technical considerations, economic factors, market rules, and regulatory/policy developments.
  • Validate and troubleshoot models with meticulous attention to detail.
  • Understand, research, present, and justify market forecasts and underlying assumptions.
  • Provide expertise to clients in analytic modeling in areas like risk management, asset valuation, and resource planning by communicating results and modeling approaches effectively.
  • Synthesize complex information into understandable reports, visualizations, and presentations.
  • Take ownership of projects, ensuring timely completion.
  • Leverage analytical tools using Excel, Python, or R for market forecasting and analysis.
  • Work independently and collaboratively as needed to achieve objectives.
  • Other duties as assigned.

Ascend Analytics provides software and consulting services aimed at supporting the transition to renewable energy. Their products, which include Market Intelligence, BatterySIMM, SmartBidder, PowerSIMM, Ascend Energy Exchange, and EnSurance, help clients in the energy sector optimize electric power supply and make informed decisions. These tools assist power traders, risk analysts, resource managers, developers, and financiers in both real-time operations and long-term planning. Unlike many competitors, Ascend Analytics combines advanced software solutions with consulting expertise, allowing them to offer tailored insights that help clients navigate the complexities of the energy market. The company's goal is to empower clients to optimize their capital investments and effectively manage energy resources.

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$704K

Headquarters

Boulder, Colorado

Founded

2003

Growth & Insights
Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent growth investment will likely accelerate Ascend's product innovation, enhancing its competitive edge in the energy analytics market.
  • Partnerships with significant entities like Clean Power Alliance demonstrate Ascend's capability to handle large-scale, impactful projects.
  • Leadership continuity with CEO Dr. Gary Dorris ensures stability and a clear strategic vision for the company's future.

What critics are saying

  • The specialized focus on energy transition analytics may limit Ascend's market reach compared to more diversified analytics firms.
  • Dependence on strategic investments for growth could pose financial risks if future funding rounds do not materialize as expected.

What makes Ascend Analytics unique

  • Ascend Analytics specializes in energy transition analytics, a niche yet rapidly growing sector, setting it apart from broader analytics firms.
  • The company's focus on empowering a wide range of energy market stakeholders, from utilities to financial institutions, provides a comprehensive approach to navigating the complex energy market.
  • Strategic investments from firms like Rubicon Technology Partners and Galvanize Climate Solutions enable Ascend to accelerate product innovation and expand its analytics solutions.

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