Full-Time

Senior Energy Market Research Analyst

Orenda

Orenda

1-10 employees

Develops and deploys battery storage systems.

Compensation Overview

$120k - $180k/yr

+ Bonus

New York, NY, USA

In Person

On-site at Brooklyn headquarters; regular travel to NYC-area project sites.

Bachelor's, Master's, PhD

Category
Business & Strategy (1)
Required Skills
Python
R
Forecasting
MATLAB

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Requirements
  • 3+ years of experience in market research, strategy, investment analysis, or a directly related discipline within the energy sector
  • Bachelor's degree in a quantitative or analytical field (engineering, math, physics, data science, or equivalent), or equivalent professional experience
  • Proficiency in at least one analytical environment (Python, R, or Matlab) for data manipulation and statistical analysis
  • Working knowledge of forecasting methods such as time series analysis, Monte Carlo simulation, scenario analysis, or sensitivity testing
  • Strong written communication, with the ability to turn unstructured research into structured documents decision makers can act on
  • Ability to operate in a fast moving environment with minimal supervision, balancing multiple workstreams against firm deadlines
Responsibilities
  • Research new energy markets to investigate potential new investment opportunities
  • Maintain the opportunity database so the Strategy team has a single and up-to-date source of truth for every market scanned, monitored, or archived
  • Monitor and forecast how market fundamentals will evolve, identify the drivers (policy, price, technology), and define the triggers that would confirm or invalidate each forecast
  • Deliver Feasibility Reviews against the company’s investment standards
  • Build and improve the processes that power this role: systematic investigation, forecasting, and Feasibility Reviews
Desired Qualifications
  • Advanced degree in engineering, economics, public policy, or a related quantitative field
  • Demonstrated track record of producing analysis that informed an investment, strategic, or policy decision
  • Prior experience scouting or evaluating opportunities in distributed energy resources, energy storage, or EV charging
  • Experience building or owning research processes and databases from scratch
  • Research-minded: investigates with genuine curiosity, sustains rigor across long tedious investigations, double checks surprising results, and holds a high standard even when no one is watching.
  • Ramps quickly on unfamiliar markets: gets to a working understanding of a new market structure (e.g., a new ISO or a new revenue stack) within 1 to 2 weeks.
  • Builds data driven forecasts: identifies market drivers (market data, policy signals, technology trajectories), builds predictive models to develop a forward view on the market, defines the triggers that would confirm or invalidate the forecast, and revises as new evidence arrives.
  • Builds arguments on evidence: distinguishes what the data shows from what the data implies; is honest first and convincing second.
  • Makes decisions under uncertainty: makes calibrated recommendations even with incomplete information, assigns confidence levels to claims and updates them as new evidence surfaces, and recognizes when a signal warrants escalation, a rescan, or continued monitoring.
  • Turns research into actionable documents: writes structured findings a decision maker can act on, in formats matched to the reader's needs

Orenda Power designs and delivers battery storage systems for residential and commercial use to store energy from renewables and other sources. The systems use smart software to manage charging and discharging, helping stabilize grids and ensure reliable power. It differentiates itself with a global deployment model paired with local development across 11 locations, supported by a team of 50 engineers and a track record of 35 million deployments and 100,000 customers, along with advisory services and partnerships. Its goal is to provide dependable clean energy at scale by delivering proven storage technology and comprehensive support to help customers integrate storage into their energy systems.

Company Size

1-10

Company Stage

N/A

Total Funding

$1.5M

Headquarters

New York City, New York

Founded

N/A

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Simplify Jobs

Simplify's Take

What believers are saying

  • Ultra Capital's July 2026 investment finances faster NYC deployment and team expansion.
  • NYC reliability deficits through 2036 create urgent demand for distributed storage solutions.
  • Orenda's 2026 pipeline of 920 MW and 2.7 GWh signals large near-term project volume.

What critics are saying

  • Con Edison's August 2025 two-part test inflated upgrade costs from millions to tens of millions.
  • Orenda's 250 MW pre-August queue faces stranded economics unless PSC reverses Con Edison soon.
  • Execution depends on New York City approvals; a prolonged queue freeze kills the 920 MW pipeline.

What makes Orenda unique

  • Orenda leads Con Edison SIR queue with 176 active applications and 33% capacity.
  • Its 2026 Ultra Capital round added board support for dense-urban battery execution.
  • North Sky backed over 40 sites and 200 MW, validating downstate New York focus.

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Benefits

Phone/Internet Stipend

Wellness Program

Professional Development Budget

Unlimited Paid Time Off

Company News

Orenda
Jul 15th, 2026
Orenda closes growth equity investment from Ultra Capital.

Orenda closes growth equity investment from Ultra Capital. Investment to expand distributed battery storage in New York. New York, NY, July 15, 2026 - Orenda, a New York-based renewable energy developer, today announced the closing of a growth equity investment from Ultra Capital, an investment firm focused on sustainable infrastructure and energy transition. The investment will support Orenda's strategy to scale the deployment of distributed battery storage across New York City and the downstate region. New York City's grid is strained. High demand, limited transmission, and constrained generation have raised power prices, blocked new load, and left little reserve margin during peak demand or outages. Orenda's distributed battery storage addresses this directly, adding reliability and flexibility to the grid while lowering costs across the system. With strong state and city policy behind clean energy and grid resilience, New York City is one of the most attractive battery storage markets in the country right now. "Grid infrastructure is aging, energy costs are rising, and battery manufacturing is ramping up fast across the country. Those forces are converging right now," said Bill Grinstead, Chief Executive Officer of Orenda. "Ultra Capital brings deep experience in energy infrastructure and a track record of scaling operating platforms. This investment lets us expand the capabilities of our team and move faster to bring battery storage online across New York City." In conjunction with its investment, Mike Reynolds, Partner at Ultra Capital, has joined Orenda's Board of Directors. "Orenda has assembled a highly experienced team with a strong track record in project development, execution, and navigating complex urban power markets," said Reynolds. "The company's growing pipeline and disciplined approach position it to establish market-leading intellectual property in distributed battery storage. We believe Orenda is uniquely positioned to build and scale a best-in-class platform for deploying batteries at the distribution level in urban environments, and we are excited to support the team's next phase of growth." About Orenda Orenda develops, builds, owns, and operates battery energy storage projects in dense urban environments, with a development pipeline of 920 MW and 2.7 GWh across Downstate New York. Founded in 2020, the company pairs this infrastructure with proprietary asset management technology to close the gap between renewable generation and electricity demand. Orenda's mission is to make the grid more resilient and sustainable in Downstate New York. About Ultra Capital Ultra Capital provides equity capital to best-in-class management teams focused on the energy transition. Orenda invest growth equity and asset capital in companies with a successful track record of deploying demonstrated solutions in various sectors including solar, battery storage, distributed generation, EV charging, and fleet electrification. Orenda bring value to its partnerships through its experience as former developers, constructors, operators, and financiers of infrastructure assets.