Stem Inc

Power Markets Analyst

LocationColorado, CO
Job Typefull_time
Salary$77,440-$116,160

About This Job

About Stem

Stem (NYSE: STEM) is a global leader in AI-enabled software and services that enable its customers to plan, deploy, and operate clean energy assets. The company offers a complete set of solutions that transform how solar and energy storage projects are developed, built, and operated, including an integrated suite of software and edge products, and full lifecycle services from a team of leading experts. More than 16,000 global customers rely on Stem to maximize the value of their clean energy projects and portfolios. Learn more at


http://www.stem.com


.

Stem’s culture embodies diversity & inclusion beyond the traditional facets of gender, ethnicity, age, disabilities, and sexual orientation to include experience, personality, communication, workstyles, and more. At our core, Stem is at the momentous intersection of clean energy and software technology where diverse ideas, experiences, and professional skills converge to make the inclusive culture we have today. Together, we are turning old school thoughts about software and energy into progressive, collaborative, and innovative solutions. By joining our team, you will be collaborating with data scientists, energy experts, skilled salespeople, thought-leading executives and more from a range of backgrounds. This intersection of ideas, beliefs, and skills is what makes us unique enough to lead the world’s largest network of digitally connected energy storage systems.


Position Overview

As a Power Markets Analyst at Stem, you will support the Power Markets Advisory service line by developing quantitative models, conducting market research, and providing analytical insights to support client engagements focused on energy storage and renewable asset optimization. You will work closely with the Principal, Power Markets Advisory to deliver revenue modeling, market analysis, and strategic recommendations to developers, investors, and utilities navigating wholesale power markets and local utility/state revenue streams.

This role offers the opportunity to work with real operational asset data, cutting-edge analytics, and emerging market structures while supporting high-value client advisory engagements across key ISO/RTO and state markets.


Key Responsibilities


Quantitative Modeling & Analysis

Develop and maintain detailed revenue models for solar, storage, and hybrid asset portfolios across multiple ISO/RTO markets

Build and refine financial models incorporating wholesale energy, ancillary services, and capacity market revenues
Conduct scenario-based analysis and sensitivity testing for merchant revenue assessments
Create benchmark comparisons using external consultant curves and internal operational data


Market Research & Intelligence

Monitor and analyze evolving wholesale market structures, rules, and regulatory developments
Track policy changes and their potential impacts on front-of-the-meter (FTM) and behind-the-meter (BTM) solar and battery energy storage system (BESS) projects
Research emerging value streams and market opportunities for energy storage assets across wholesale and distributed energy markets
Analyze congestion patterns, locational marginal pricing trends, and transmission constraints
Monitor state-level incentive programs, net metering policies, and distributed generation compensation mechanisms
Maintain databases of market fundamentals, pricing data, and regulatory updates


Client Support & Deliverables

Prepare technical analyses, reports, and presentations for client engagements
Support project feasibility assessments and economic evaluations
Assist in developing client-specific market participation strategies
Contribute to white papers, market insights, and thought leadership content
Participate in client meetings and presentations as needed


Internal Collaboration

Work closely with Product, Engineering, and Operations teams to ensure market insights inform platform development
Support business development efforts by preparing market collateral and analytical support materials
Collaborate with Sales and Marketing teams to develop client-facing content
Provide analytical support for internal strategic planning and market positioning


Required Qualifications

Bachelor's degree in Engineering, Economics, Finance, Mathematics, or related quantitative field
2-5 years of experience in energy markets, financial modeling, or quantitative analysis
Proficiency in Excel and familiarity with Python, R, or similar analytical tools
Basic knowledge of wholesale electricity markets and market structures
Experience with financial modeling and data analysis
Understanding of energy storage technologies and renewable energy projects preferred
Strong analytical and problem-solving skills with attention to detail
Excellent written and verbal communication skills
Ability to work independently and manage multiple projects simultaneously


Preferred Qualifications

Master’s degree preferred.
Experience with energy storage or renewable energy project development
Familiarity with ISO/RTO market operations and rules (ERCOT, CAISO, PJM, NYISO, ISO-NE)
Knowledge of energy storage value stacking and optimization strategies
Experience with power market modeling software (PLEXOS, PowerWorld, etc.)
Understanding of utility-scale and distributed energy resource markets
Previous consulting or advisory experience in the energy sector


What We Offer

Opportunity to work with cutting-edge energy storage technology and real operational data
Exposure to high-profile client engagements across the energy sector
Professional development in rapidly evolving energy markets
Collaborative work environment with cross-functional teams
Competitive compensation and benefits package
Career growth opportunities within Stem's expanding advisory services


Location: Remote Travel: 10-15%


Salary Range


$77,440.00 - $116,160.00


What We Offer:

At Stem, you will work in a growing, innovative, mission-driven company with talented colleagues that have a passion for building renewable energy systems. Stem offers competitive compensation as well as a comprehensive set of benefits to support the health and wellness of our employee including:

A competitive compensation package, including eligibility for a bonus or commission based on the role, and equity
Full health benefits on the first day of employment (several medical plan options-HDHP and PPO, dental plans, FSA/HSA-with employer contribution, employer paid vision/LTD/STD/Life, variety of voluntary coverage)
401k (pre- or post-tax) on first day of employment
12 paid calendar holidays per year
Flexible time-off


Learn More

To learn more about Stem, visit our stem.com where you’ll find information about our solutions, technology, partners, case studies, resources, latest news and more. Here are some relevant links:

Company Overview
Newsroom
Case Studies
LinkedIn

Stem, Inc. is an equal opportunity employer committed to diversity in the workplace and does not discriminate against any employee or applicant for employment because of race, color, sex, pregnancy, religion, national origin, ethnicity, citizenship, sexual orientation, gender identity, age, marital status, disability, genetic information, military status, protected veteran status or any other factor protected by applicable federal, state or local laws.

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