Market Associate- Meteorologist
VeriskAbout the role
Company Description
Wood Mackenzie is the global research, analytics, and consultancy business powering the natural resources industry. For 50 years, we have been providing the quality data, analytics, and insights our customers rely on to inspire their decision-making.
Our dedicated oil, gas & LNG, power & renewables, chemicals, metals & mining sector teams are located around the world and deliver a variety of projects based on our assessment and valuation of thousands of individual assets, companies, and economic indicators such as market supply, demand, and price trends.
We have over 1,900 employees in 30 locations, serving customers in nearly 80 countries. Together, we inspire and innovate the markets we serve – providing invaluable intelligence to help our customers overcome the toughest challenges, and make strategic decisions that will, ultimately, accelerate the world’s transition to a more sustainable future.
We monitor key events and conduct research to produce thought-provoking reports, data models, and presentations. From asset valuation to corporate reports, from market supply-demand research to price-forecasting, and from the regional to the global, our analysis helps shape our customers’ commercial strategies. Our analysts are instrumental in Wood Mackenzie’s purpose to transform the way we power our planet.
We also support bespoke consulting projects, diving deeper into our data to answer unique questions. We help our Sales team retain and win new business by spending time with customers and answering questions that matter to them. We work closely with colleagues in our Data and Product functions to maintain the quality of our published data and to deliver content via our growing Lens platform.
Through carrying out primary research, responding to customer questions, and presenting to industry stakeholders, you will build relationships and a network of contacts at key operators, national bodies, and other relevant institutions. Over time you will gain specialist knowledge and develop the skills you require to progress your career at Wood Mackenzie
Job Description
We are looking for a full-time Meteorologist to join Wood Mackenzie's Market Intelligence team in Boston, MA. The MI team's research spans power market fundamentals and price forecasting to asset valuation and strategy, comprising some of Wood Mackenzie's most highly utilized data, reports, and insights. Our broad industry knowledge and deep understanding of the North American power market are unparalleled and help our clients position themselves for success during the energy transition.
The Market Analyst will have a strong background in analytics and growing expertise within the power industry.
About you and how you can excel in this role
Wood Mackenzie's North American Power team comprises industry experts who are detail-oriented, intellectually curious, commercially savvy, and comfortable presenting to clients.
Your interest in fundamental power market research proves you hold these characteristics and are comfortable taking complex, disparate ideas and distilling them into simple, actionable analytics.
About the role
The Power Demand Specialist will serve as the driving force in delivering industry-leading short-term wind and demand forecasts based on a blend of proprietary and public data.
Market Analyst Core Responsibilities:
• Operate models and support tools daily that include spatial and data visualization applications to identify and solve problems in the power industry specific to an ISO market;
• Construct hourly weather forecasts for numerous cities throughout the US for today out to fifteen days.
• Present the team's ISO desk, lead, managers, and other decision-makers with research projects/presentations, memos, or reports on market-relevant topics as requested and advise on the effects of various courses of action relevant to specific problems.
• Improve current processes by automating critical tasks using macros (visual basic/Python);
• Identify changes in weather models and associated forecasts that influence power prices and articulate these changes to Genscape analysts and clients.
• Modify output from the proprietary neural network and regression electricity demand forecasting models for various power regions.
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