ForgeApply
Try it free

ForgeApply · Job listing

Senior Associate, BESS Modeling & Structuring

Clearwayjobs

San Diego, California, US$115k – $150khybrid

Apply in about a minute — without sacrificing quality.

ForgeApply autofills this application and tailors your resume to this exact posting. You review everything before it's sent. Free trial, no card required.

About this role

What The Role Is

Clearway Energy seeks an Associate or Senior Associate of BESS Modeling and Structuring to develop top-notch quantitative models that drive BESS valuation, structured products pricing, gas generation optimization, and power market analysis. In this role, you will be building Clearway’s internal quantitative modeling platform (CWENQuant), developing advanced BESS dispatch optimization models, and directly impacting major commercial decisions across trading/origination/development/asset management.

If you don’t meet 100% of the qualifications but see yourself contributing, please submit your resume

What You'll Be Doing

• Develop and deploy to production complex optimization models and quantitative analysis for BESS dispatch optimization, renewables, gas generation, and data center infrastructure projects across the US.

• Develop Stochastic or Machine Learning/Deep Learning models to forecast DA, Ancillary and RT prices based on the fundamental variables such as load, gas prices, wind + solar generation to inform trading.

• Develop and maintain gas dispatch, HRCO, toll, and other structured pricing models, perform mark-to-market analysis, support due diligence, underwriting, and credit analytics.

• Benchmark models against actual operations and market outcomes to improve forecast accuracy and optimization.

• Provide analytical insights from modeling results to support Clearway budget process, trading activities and/or market advocacy

• Build and enhance CWENs quantitative modeling platform (CWENQuan); develop data pipelines with internal and external resources, create automated workflows to produce analysis, build market data dashboards with the use of data science and optimization.

• Analyze trading forwards in comparison with actual/historical power prices and fundamental forecasts to inform a view on trading strategies, risk practices, origination deals, contract pricing

• Provide analytical insights from modeling results to support risk management, trading activities and/or market advocacy

• Stay abreast of changing market conditions at both macro and micro levels, and their impact on markets

What You'll Bring

• Bachelor’s degree in Computer Science, Engineering, or related field

• Senior Associate: 3+ years of quantitative or modeling experience ideally, within the energy sector, including trading firms, banks, utilities, IPPs, ISOs, or BESS companies.

• Associate: What Would Be Nice

• Masters or PhD.

Clearway will not sponsor non-immigrant visas for this position (H-1B, TN, E-3, etc.).

Pay Range Across all US Locations:

Associate: $115,000 - $150,000 USD

Sr. Associate: $137,000 - $177,000 USD

#LI-Hybrid

The pay rate for the successful candidate will depend on geographic location, skills, relevant and demonstrated experience, education, training and certifications, and other factors permitted by law. This role is eligible to earn an annual cash bonus, subject to personal and company performance goals.

Salary Range Across all U.S. Locations $115,000 — $177,000 USD

Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.6 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 3 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Our Commitment to Diversity, Equity, & Inclusion Clearway Energy Group’s vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.8 GW of flexible dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit clearwayenergygroup.com.

Working at Clearway, Hybrid Together Here at Clearway, we’re committed to balancing flexibility while fostering strong relationships with our teammates. We do this by prioritizing corporate new hires based near one of our offices in San Francisco, San Diego, Scottsdale, Houston, Denver, & Princeton. Our office-based employees typically work together from fabulous spaces on Tuesdays & Thursdays to collaborate & learn, build community, get to know one another, & enjoy company-provided meals & events. Our site-based employees collaborate in-person daily to keep our locations operating safely and efficiently while fostering strong relationships within their local communities.

Clearway Energy is an equal opportunity employer that values a broad diversity of talent, knowledge, experience & expertise. We intentionally foster a culture of inclusion that empowers our employees to deliver superior performance to the communities we serve. We encourage minorities, women, individuals with disabilities & protected veterans to join the team. Clearway is a proud promoter of employment opportunities for our Military & Veterans.

What We Provide Clearway offers all eligible employees working 20+ hours per week a comprehensive menu of benefits: generous PTO, medical, dental & vision care, HSAs with company contributions, health FSAs, dependent daycare FSAs, commuter benef

Ready to apply to Clearwayjobs?

Apply in about a minute

Similar jobs