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NextEra Energy , Inc.

Energy Quantitative Analyst

NextEra Energy , Inc., North Palm Beach, Florida, United States, 33408


Energy Quantitative Analyst

Date:

Nov 7, 2024

Location(s):

Juno Beach, FL, US, 33408

Company:

NextEra Energy

Requisition ID:

82513

provides renewable energy consulting services using industry-leading scientific analysis. As a NextEra Energy Resources company, the world's largest generator of renewable energy from the wind and sun, we thrive on solving the toughest problems facing the energy industry, and creating innovative forecasting and optimization solutions that lead the way into the next era of energy. Do you want to help accelerate the transition to low-cost sustainable energy? Join our world-class team today!

ovative forecasting and optimization solutions that lead the way into the next era of energy.

Position Specific Description

Employees in this role perform multiple functions surrounding pre-construction size optimizations of renewable generators both distributed/behind-the-meter as well as utility size generators, size optimization of battery storage, and traditional utility generators. Employees will be able to utilize existing advanced software tools as well develop optimization models (Python, R, Excel) to solve complex, ad-hoc electricity demand versus generation supply problems. Employees in this role also perform quantitative studies and analyses of spot/forward prices and price volatilities for making pricing, trading, and risk management decisions. This position assists in the development of core algorithms and models to support trading, origination, and asset optimization decisions.

Experience with distributed generation, behind the meter renewable solutions, knowledge of various utility tariff structures, experience with utility integrated resource planning, and knowledge of market fundamentals is preferred.

Employees in this role are involved in the development of renewable resources, optimizing generator mix and sizes to serve an electrical load and to meet carbon reduction goals. The quantitative analyst will also be involved in improving existing optimization algorithms as well as developing new code bases.

Familiar with utility integrated resource planning, renewable, and battery storage assets

Familiar with distributed generation and behind the meter renewable planning as well as utility specific tariff structures

Familiar with market participation rules such as placing charging and discharging offers for DA and RT markets

Genuine interest to improve our code/software infrastructure and related services with good sense for code quality. Comfort and interest implementing statistical and mathematical models developed by quant researcher/data scientist is also desired.

Advanced R and/or Python (2 and 3) knowledge. > 2 years of experience designing and developing commercial quality R or Python software.

Familiarity with NumPy and statistical programming in Python using Pandas, StatsModels, Matplotlib/Seaborn, Scikit-Learn, and/or SciPy.

Review and provide insightful feedback on documentation including software architecture, requirements, design documents, test protocols, unit tests, operating procedures, project plans, etc.

Experience creating and managing R and/or Python (via Setuptools is desirable) packages.

Experience with code refactoring for speed and reliability. In particular experience with Rcpp and related family of packages is a plus.

Experience developing for Unix/Linux was well as Windows environments. Amazon AWS experience is a plus.

OOP experience in R (S3, S4 and R6) and Python.

Further technical expertise, such as web development, data visualization, GUI development (e.g. with RShiny, plotly, bokeh, or Jupyter notebooks etc.) is very welcome.

Job Overview

Employees in this role develop models, price energy derivatives, design and perform quantitative studies and analyses of spot/forward prices and volatilities for making pricing, trading, and risk management decisions. This position assists in the development of core algorithms and models to support trading, origination, and asset optimization decisions.

Job Duties & Responsibilities

• Develops and improves upon mathematical models and translates algorithms into code

• Works with origination, risk management and trading to interpret valuations provided by models and responds to intra-day trading requests to price and evaluate structured transactions

• Assists development of energy price forecast, forward curve, and volatility models

• Designs and constructs risk management tools used in evaluating company's risk profile and exposure levels

• Performs other job-related duties as assigned

Required Qualifications

• Bachelor's Degree

• Master's Degree

• Experience: 2+ years

Preferred Qualifications

• Bachelor's - Accounting / Finance

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Clickto learn more.

Employee Group:

Exempt

Employee Type:

Full Time

Job Category:

Finance, Accounting & Business Analytics

Organization:

NextEra Analytics, Inc

Relocation Provided:

Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy

does not

accept any unsolicited resumes or referrals from

any third-party recruiting firms or agencies

. Please see ourfor more information.

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