Market Analytics Analyst

Employer:

Ørsted North America Inc.

Job Title:

Market Analytics Analyst

Salary: $112,804 per year + Benefits (https://us.orsted.com/careers/united-states)

Locations:

401 N. Michigan Avenue, Suite 501, Chicago, IL 60611

Duties:

- Establish and manage projects focused on research, market model development, and technology deployment to deliver critical insights for decision-makers across the commercial timeline for storage, wind, and solar assets.

- Develop analytical tools to support the region’s storage ambitions while also providing insights into key market components influencing the development of battery energy storage systems (BESS).

- Develop and refine BESS optimization frameworks, integrating cross-functional insights into battery trading strategies to maximize commercial value.

- Provide strategic investment guidance and portfolio capacity recommendations based on forward-looking storage analytics.

- Develop forecasting models for storage performance by incorporating evolving market trends, operational constraints, and pricing scenarios.

- Incorporate modeling techniques to advise on option value pricing for solar and wind power purchase agreements (PPA).

- Design and implement models to assess the diversification and risk hedging impact of new and existing assets in the portfolio.

- Build expertise in fundamental market drivers, pricing dynamics across power and lithium markets, and key trading strategies.

- Develop and implement new analytical models and tools across commercial and trading/operations environments.

- Oversee the creation and operation of dashboards tracking real-time and historical generation-weighted pricing metrics and BESS spread performance for both operating and pipeline assets.

- Partner with technical and business stakeholders to resolve complex data issues and ensure continuity of analytical workflows.

Requirements:

- Master’s degree (or foreign equivalent) in data science, statistics, mathematics, computer science, or related field.

- Requires knowledge of SQL, Python, and R; predictive modeling; and time series forecasting.

- Requires experience in conducting feasibility studies; financial analysis; establishing market strategies; optimization techniques (linear and nonlinear programming); advanced analytical methods for forecasting revenue; developing and implementing statistical algorithms, including market simulation; and developing and deploying dashboards, market models, analytical tools, and optimization frameworks to evaluate market dynamics and asset development.

Apply:

https://us.orsted.com/careers.