PURPOSES
Provide regular and rigorous analyses on US markets evolutions (regulation, market design, decarbonation targets …)Contribute to improve the quantitative models needed to provide such analyses Reply promptly and reactively on projects and investment decision files ActivitiesYour mission as an US Power Market Analyst include:
Work in collaboration with the Geneva team to develop and improve quantitative fundamental models (supply, demand, flows, generation mix evolution, cost of technology, climate...) in order to build power forward hourly price scenarios for the US market (ERCOT, CAISO, PJM).Monitor external publications, market developments in market design and regulation change that could impact prices dynamics, and translate and update fundamental model assumptions data setAnalyse and benchmark Trading models results and propose improvements Run regular reports on market updates to Trading Power management as well as to Paris headquarters, and trading affiliates ; create and update presentations on market-related topics ; create and develop appropriate tools and BI reportsWorking closely with Trading Research, GRP and Holding strategy teams to ensure alignment of parties on key assumptionsCarry specific analyses related to investment decision files and questions related to long term power markets in the US and make recommendation to ManagementDIMENSIONS
TotalEnergies is targeting to build a portfolio of 100 GW of renewables by 2030 and to become one of the main player in renewables worldwide. This will be achieved through many investment projects. In this context, the ‘Trading Power’ BU will contribute to this ambition by managing financial and physical positions and risks of the renewables portfolio on open markets. Among its tasks, the ‘Trading Support’ division aims at supporting Trading Power in creating a profitable and sustainable portfolio by providing analyses of the profitability and risks of its different businesses (ppa portfolio, short term optimisation, etc…).
Within the ‘Market Modelling’ team, the US Power Market Analyst will contribute to a better understanding of the US power markets in terms of prices and fundamentals by building and improving long term power markets fundamental modelling (10 years horizon) with quantitative and qualitative analyses. The US Power Market Analyst will provide analysis and support to Senior Management on investment decision files and for any power market related questions.
You are someone who possesses the following experience and credentials:
Master’s degree in Economics, Mathematics or EngineeringGood modelling and analytical skills with strong attention to detail with first experience in quantitative modelling Basic knowledge of US or European energy marketsProgramming skills (SQL/R/Python) and/or visualization frameworks (Tableau/PowerBI/etc.) will be appreciatedAbility to work under pressure, rigor, proactivity and creativityGood communication skills, ability to explain complex issues and present them in a clear and neat mannerInternational Consideration
**TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.
Additional Information TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.