North America Power Markets Analyst

The Power Markets Analyst is responsible for the preparation of quantitative and qualitative analysis on power market dynamics to support FFI’s clean energy build-out in North America, with a principal focus on the production of green hydrogen. This role requires a familiarity with regional power transmission system operators and FERC and state-level regulations, power trading and related financial instruments, and power project development and contracting (PPAs). An ability to conduct production cost modelling and other quantitative forecast methods is desirable. This role will also work closely with other members of the Market Intelligence team to conduct a wide range of analysis to support project development and strategic planning efforts.

Key accountabilities will include:

• Baseline power market conditions (current and forecast) and evaluating price and availability of renewable power generation in key areas/nodes
• Assess RTO and ISO strategies for power supply opportunities
• Evaluate transmission systems to identify areas of potential congestion and curtailed renewable energy
• Analyze trends in renewable energy development, power purchase agreements, and renewable energy certificate markets
• Evaluate regional supply/demand balances
• Conduct site-specific power costs estimates
• Develop potential power trading strategies to support project economics
• Identify opportunities to improve financial outcomes through detailed physical market and commodity market analysis
• Support business investment decisions through robust quantitative analysis
• Work collaboratively with other members of the Market Intelligence team to support senior leader decision-making

• Perform other job-related duties as assigned

Experience, Education, Capabilities and Personal Attributes required for this role:

Experience

Education

• Minimum 3+ years of experience in energy markets, project or infrastructure development, power origination, or system analysis
• Demonstrated track record of leveraging energy industry databases or high frequency financial data to conduct bespoke analysis
• Experience working for, or with, U.S. regional transmission organizations (RTO) or U.S. utilities will be considered favorably
• Experience with other energy or commodity markets will be considered favorably

• Mathematics, commerce, financial markets, economics, engineering, science, or other analytical degree

Capabilities

Personal Attributes

• Highly numerate with strong analytical and problem-solving skills
• Clear written and verbal communication skills, with ability to engage a wide variety of stakeholders
• Commercial business acumen and an understanding of what drives business value
• Ability to apply mathematical solutions to optimize financial outcomes
• Ability to influence change and drive continuous improvement in business processes
• Demonstrated ability to deal with large data sets
• Advanced modelling capabilities

• High level of passion for the clean energy transition, renewable energy, green hydrogen, and other energy topics
• Belief in the value of team and collaboration

• Willing to think differently and challenge conventional thinking
• Comfort with providing analysis and insights in the context of ambiguity and uncertainty
• Attention to detail and time management skills

• High levels of self-motivation with a demonstrated ability in resilience when managing diverse workloads and priorities

Corporate Wide Key Performance Indicators

Health Safety & Environment

All employees have a responsibility to behave in a manner, which ensures that their actions or omissions, do not adversely affect the environment or health, safety and well-being of colleagues, contractors or others.  Fortescue employees must:

• Meet all responsibilities as outlined in the Health, Safety and Environment Policies;
• Participate in any training and safety initiatives implemented by the company;
• Comply with all safety directives, and work instructions;
• Immediately report any incident or potential hazard to their supervisor; and
• Correctly utilise any Personal Protective Equipment distributed.

Values

Statement: Employees to conduct themselves in accordance with Fortescue’s Code of Conduct and Values at all times.