Analyst - Fundamental Analysis

Requisition ID:  83977 

 

NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities. Are you interested in customizing power and gas solutions to meet each client’s needs? Join our world-class team today!

 

Position Specific Description

NextEra Energy Resources is a foremost provider of clean energy, with natural gas, wind, solar, and nuclear power plants in operation in 24 states and Canada. With more than 18 GW of installed capacity, we are the world’s top producer of wind power, and we operate one of the largest solar fleets on the planet. Approximately 95% of NextEra Energy Resources’ electricity is generated by clean fuels, and 100% of our effort goes into upholding our leadership in this exciting and rapidly emerging field.

 

NextEra Energy Resources is currently seeking an experienced Principal Nodal Analyst to join our Market Analysis team in Juno Beach, Florida.

 

The Market Analysis team is responsible for providing company leadership with objective and comprehensive analytical assessments of North American energy markets. This includes developing and maintaining forecasts for energy, basis, ancillary services, capacity, REC and emission allowance prices as well as analyzing the impact of regional and national regulatory initiatives. This analysis is a key driver of decisions to build, sell, or buy power generation assets, hedging activity, and development of corporate strategy.

 

Principal Analyst responsibilities include but are not limited to:

• Maintain electric sector models similar to DAYZER / GridView / PROMOD / Aurora and/or similar nodal production cost simulation proprietary tools with up-to-date market intelligence
• Perform market simulations and develop power market forecasts in support of development, M&A, and management of existing assets
• Provide transmission congestion analysis and basis outlook in regional power markets
• Run sensitivity analysis with varying fundamental parameters including load, fuel prices, outages etc.
• Perform power flow analysis using models such as PowerWorld and PSSE
• Managing Market Analysis projects from inception to management presentation with limited oversight
• Establish and maintain working relationships with internal and external contacts which will support the development of data describing the key market factors
• Synthesize a market view consistent with the fundamental market factors and communicate this view to the organization towards the purpose of achieving consensus on this view
• Analyze market, historical, and fundamental data, draw inferences and present results in a clear and understandable format to management and external customers
• Manage multiple projects inclusive of those above, completing them in a timely manner

Job Overview

Employees in this position perform complex studies and run models in order to produce power price forecasts for use by Project Valuation. This position produces complex economic analysis and valuations of reference power plants and structured market products.

Job Duties & Responsibilities

• Establishes and maintains working relationships with internal and external contacts in support of the development of data describing the key market factors
• Formulates inputs to electric sector modeling tools and assists in modeling efforts
• Maintains electric sector models and proprietary tools with up-to-date market intelligence
• Performs market simulations and develops long-term power market forecasts in support of development, Mergers and Acquisitions, and management of existing assets
• Develops proprietary modeling tools and methodologies to analyze evolving markets and the impact on