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Analyst, Power Market Modeling

ZipRecruiter, Irvine, California, United States, 92713

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Job Description COMPANY OVERVIEW

174 Power Global, headquartered in Irvine, California, is an affiliate company of Hanwha Group, a FORTUNE Global 500 firm that is among the eight largest business enterprises in South Korea. 174 Power Global designs, builds, and manages renewable energy solutions. The company brings a decade of global leadership in renewable energy to North America, combining best-of-world technology, processes, and partnerships to deliver utility-grade energy solutions customized for local energy markets. 174 Power Global offers the full spectrum of energy solutions – from power plant development, design, construction, operations, and maintenance. With proven capabilities across the renewable energy value chain, 174 Power Global minimizes uncertainty and risk, helping customers achieve a higher return on their investment in renewable energy. POSITION OVERVIEW

This role will play a pivotal part in power market modeling, price forecasting, and providing insights to support strategic decision-making. Reporting to the Director of Power Market Analytics, responsibilities include data analysis, simulation and modeling, market research, and collaborating with cross-functional teams. Strong analytical, mathematical, and coding skills, along with market knowledge and effective communication, are essential. This position is expected to travel up to 10% of the time. RESPONSIBILITIES

Deliver fast, high-quality data analysis in Excel and Python to meet time-sensitive power market modeling and reporting needs. Perform power market modeling and long-term price, nodal basis, and curtailment forecasting. Use production cost modeling tools such as Hitachi PROMOD to simulate future power markets and provide price forecasting. Build and maintain a suite of in-house software tools and data pipelines for energy market analysis using Excel, Python, and/or other programming languages. Model and evaluate the impact of market design changes and topological changes, such as new storage and transmission line buildouts, on future energy prices. Communicate clearly and succinctly with audiences of different backgrounds during meetings and presentations. REQUIRED QUALIFICATIONS

Bachelor of Science in Electrical Engineering (Power Systems), Computer Science, Data Science, Operations Research, Economics, Math, or other quantitative fields. Proficiency and speed in Excel and Python-based data analysis, including real-time calculations (e.g., lookups, formulas, scripts). Strong understanding of power markets, pricing mechanisms, market structures, and key components. Relevant work experience in the power industry (e.g., ISO/RTO, utilities, energy trading firms, software vendors, or consulting). Experience with production cost modeling software such as PROMOD, Aurora, and PLEXOS is a plus. Proficiency in modeling transmission networks in commercial production cost modeling / SCED / power flow software is a plus. Coursework in power system analysis, economics, markets, or operations and planning; relevant work experience may substitute coursework. Salary: $90,000 - $120,000 Note: We will not accept unsolicited resumes from external recruitment firms. Please do not contact internal members of our company regarding this position. 174 Power Global is an equal employment opportunity provider, committed to diversity and inclusion in the workplace. For more information, visit

www.174powerglobal.com .

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