Lead Commodities Analyst

About the Job

The Massachusetts Municipal Wholesale Electric Company (MMWEC) is the backbone of Massachusetts’ municipal utilities — empowering local communities with reliable, affordable, and increasingly innovative power supply solutions. As the energy landscape accelerates into a more complex, technology-driven future, we’re expanding our capabilities and growing an ambitious Market Management & Planning team ready to meet that challenge.

We are seeking a Lead Commodities Analyst to help shape the strategic direction of our Members’ power supply portfolios. This role goes beyond analysis — it is a chance to influence market strategy, optimize resources, and drive decisions that directly support the long-term resilience of municipal utilities across Massachusetts. If you thrive at the intersection of data, strategy, and emerging technology, this is a meaningful opportunity to make an impact.

PRIMARY RESPONSIBILITIES:

Power Supply Strategy & Development:

- Build, evolve, and broaden MMWEC’s short- and mid-term power supply programs.

- Present physical and financial supply strategies and hedging options to Member Systems.

- Define Member risk tolerance and structure transactions that promote stability and flexibility.

Apply energy derivative pricing knowledge to optimize optionality and resource positioning.

Power Portfolio Management:

- Conduct structured analysis of Member resource mixes, identifying risks and diversification opportunities.

- Monitor fuel inputs, forward markets, and utilization trends to reduce or stabilize power costs.

- Implement strategies that reduce exposure, optimize resources, and meet budget targets.

Provide regular portfolio reviews and establish hedge/exposure targets within risk parameters.

Asset Optimization & ISO-NE Market Operations:

- Develop and execute strategies to maximize the economic and operational value of Member and MMWEC assets across ISO-NE markets (capacity, reserves, regulation, and more).

- Report gross margins and asset economics with accuracy and insight.

- Serve as backup bidder for Stony Brook and MMWEC assets in Day-Ahead and Real-Time markets.

- Oversee Peak Alert and Remote Dispatch operations and communicate economic outcomes to Members.

Manage REC trading, procurement, and retirement in alignment with Member strategies.

Reporting & Forecasting:

- Prepare and analyze Power Portfolio Cost Reports, Power Cost Forecasts, and Asset Performance Reports.

- Communicate performance results to Member Systems and internal stakeholders.

Ensure the accuracy, completeness, and quality of all distributed data.

Rotational & Daily Operations:

- Perform Daily Peak Demand Forecasting and Remote Dispatch duties.

- Participate in daily rotational responsibilities including bidding, peak alert forecasting, and EV charging scheduling.

Support special projects and emerging initiatives as assigned.

TRAINING AND EXPERIENCE:

- Bachelor’s Degree in math, science, engineering, economics, or a related technical discipline.

- 3–7 years of relevant experience in energy markets, commodities, analytics, or similar fields.

- Advanced proficiency in Microsoft Excel required; SQL or other database experience preferred.

- Strong analytical and problem-solving skills with the ability to interpret conflicting data.

- Excellent communication skills and the ability to translate complex concepts to diverse audiences.

- Strong interpersonal skills and the ability to manage deadlines and Member expectations effectively.

Integrity, reliability, and a detail-oriented mindset.

MMWEC offers a competitive salary and benefits package including robust medical and dental benefits with low employee cost, a savings retirement plan with a 6% company contribution and up to an additional 3% company match, earned vacation time, sick time, and 11 paid holidays. Our company prides itself in creating an environment that challenges employees to be passionate, energetic, proactive, and progressive.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. So, if you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply. You may be just the right candidate for this or other roles.

Massachusetts Municipal Wholesale Electric Company (MMWEC) eagerly accepts applications for employment from all qualified persons without regard to race, color, religious creed, national origin, sex, sexual orientation, GINA, marital status, gender identity, age, ancestry, veteran status, mental or physical disability, and political belief or affiliation.

About Massachusetts Municipal Wholesale Electric Company (MMWEC)

The Massachusetts Municipal Wholesale Electric Company (MMWEC) is a leader in the energy industry, dedicated to supporting Massachusetts municipal utilities with innovative, sustainable, and reliable energy solutions. With nearly 50 years of public power joint action, MMWEC prides itself on its forward-thinking strategies, collaborative approach, and commitment to serving local communities.

About Massachusetts Municipal Wholesale Electric Company (MMWEC):

The Massachusetts Municipal Wholesale Electric Company (MMWEC) is a leader in the energy industry, dedicated to supporting Massachusetts municipal utilities with innovative, sustainable, and reliable energy solutions. With nearly 50 years of public power joint action, MMWEC prides itself on its forward-thinking strategies, collaborative approach, and commitment to serving local communities.