ACCIONA Energía
Quantitative Analyst I
ACCIONA Energía, Chicago, Illinois, United States,
ACCIONA Energía is the biggest 100% renewable energy company with no fossil legacy in the world. With more than 30 years of experience and operations in 20 countries on five continents, ACCIONA Energía offers a wide portfolio of tailored energy solutions so that its corporate and institutional clients can meet their decarbonisation goals. This includes the development, engineering, construction, operation and maintenance of renewable power plants -mainly wind and photovoltaic technologies-, energy sales and management and marketing, energy services, self-consumption, electric mobility and new technologies such as storage and green hydrogen. ACCIONA Energía is governed by the most demanding environmental, social and corporate governance (ESG) criteria.
The Acciona Power Marketing team is responsible for the commercial optimization of renewable assets on both a long term and day-to-day basis. Optimization includes entering into energy contracts, bidding assets into the market place, and maximizing value based on market conditions.
Job Description
ResponsibilitiesAssist PM Quant Analyst in modular development of Statistical Models, Hypothesis and Testing novel Concepts in different domains (e.g. power prices, system demand, wind production, basis, covariance, event probabilities, financial and natural timeseries)Running basic Analytics on different granularities (e.g. Hourly, Monthly) of Power Generation and PricesAssist with completing basic monthly and quarterly reporting involving revenue, price and generation performanceCollaborate with PM Quant Analyst on projects involving Risk modeling and assessment for different revenue streams (Merchant Power, PPA, Capacity and RECs)Collaborate on Projects with PM Quant Analyst involving Financial modeling and derivatives pricing (e.g. option valuation and embedded derivatives)Assist PM Quant Team on collaborating with projects involving inter/intradepartmental Teams (e.g. Finance, Business Development, Asset Management)Assist PM Quant Analyst in assessing and extracting more value from existing Assets by Analyzing forward Power Markets, REC Positions and Working closely with Asset Analysts to analyze the impact of DA-RT Merchant positionsAssist PM Quant Team in building modular analysis to optimize Hedges, possible Trading positions & PPAs thru analyzing forward curves across different Power MarketsAssist with end-to-end (process mapping to work flow) implementation of new or improvement of existing software Systems involving PM/Commercial Operations (e.g. Risk Management System, PCI)Assist PM Quant Analyst in data exploration and visualization while exploring, ideating and solving complex problems (Hedges, PTCs, Trading Positions etc.)Other responsibilities as assignedRequired Skills And CompetenciesBachelor’s degree in a quantitative field such as Physics, Mathematics, or EngineeringExperience with computer programming, data analysis, and optimizationAbility to independently research and understand complicated, and sometimes ambiguous, market rules, contracts, and regulationsWillingness and ability to accurately perform complex, involved, and often tedious analysesAs a company that values diversity as a source of talent, we work to foster an inclusive environment that promotes respect, belonging and engagement so that all people can participate on an equal opportunity basis. We invite everyone to apply regardless of origin, circumstances, background or condition.#J-18808-Ljbffr
The Acciona Power Marketing team is responsible for the commercial optimization of renewable assets on both a long term and day-to-day basis. Optimization includes entering into energy contracts, bidding assets into the market place, and maximizing value based on market conditions.
Job Description
ResponsibilitiesAssist PM Quant Analyst in modular development of Statistical Models, Hypothesis and Testing novel Concepts in different domains (e.g. power prices, system demand, wind production, basis, covariance, event probabilities, financial and natural timeseries)Running basic Analytics on different granularities (e.g. Hourly, Monthly) of Power Generation and PricesAssist with completing basic monthly and quarterly reporting involving revenue, price and generation performanceCollaborate with PM Quant Analyst on projects involving Risk modeling and assessment for different revenue streams (Merchant Power, PPA, Capacity and RECs)Collaborate on Projects with PM Quant Analyst involving Financial modeling and derivatives pricing (e.g. option valuation and embedded derivatives)Assist PM Quant Team on collaborating with projects involving inter/intradepartmental Teams (e.g. Finance, Business Development, Asset Management)Assist PM Quant Analyst in assessing and extracting more value from existing Assets by Analyzing forward Power Markets, REC Positions and Working closely with Asset Analysts to analyze the impact of DA-RT Merchant positionsAssist PM Quant Team in building modular analysis to optimize Hedges, possible Trading positions & PPAs thru analyzing forward curves across different Power MarketsAssist with end-to-end (process mapping to work flow) implementation of new or improvement of existing software Systems involving PM/Commercial Operations (e.g. Risk Management System, PCI)Assist PM Quant Analyst in data exploration and visualization while exploring, ideating and solving complex problems (Hedges, PTCs, Trading Positions etc.)Other responsibilities as assignedRequired Skills And CompetenciesBachelor’s degree in a quantitative field such as Physics, Mathematics, or EngineeringExperience with computer programming, data analysis, and optimizationAbility to independently research and understand complicated, and sometimes ambiguous, market rules, contracts, and regulationsWillingness and ability to accurately perform complex, involved, and often tedious analysesAs a company that values diversity as a source of talent, we work to foster an inclusive environment that promotes respect, belonging and engagement so that all people can participate on an equal opportunity basis. We invite everyone to apply regardless of origin, circumstances, background or condition.#J-18808-Ljbffr