ASSOCIATE DIRECTOR, TRANSMISSION MARKET ANALYSIS

DescriptionAs the Associate Director of Transmission Market Analysis, you will be charged with enhancing, elevating, and driving our in-house power market analysis and power price forecasting capabilities. This role is more than running analyses; it is about shaping the future of our projects by leveraging historical pricing data to inform future strategies, which may include scenarios where limited information is available. You will have the opportunity to implement industry software tools, hire and mentor a team of analysts, and collaborate closely with cross-functional teams to ensure our analyses are robust, accurate, and actionable. As the driving force behind our market analysis efforts, you will play a pivotal role in shaping the strategic direction of Scout's greenfield projects and acquisitions. Your expertise in electric generation cost modeling, stochastic dispatch analysis, and transmission congestion assessment will be instrumental in providing insights that drive key decisions across our greenfielding, commercial, M&A, financing, and asset management teams. By implementing industry-leading software and ensuring our team stays at the forefront of technological advancements, you will empower us to forecast market trends with accuracy and efficiency. You will report to the Chief Commercial Officer.  You will launch this group as a manager-doer and will build out the team in the coming years as our company’s growth dictates. Your prior experience building and/or leading a team, in addition to the ability to delegate effectively once internal staff are in place, will serve as an important factor in your success in this role. Key Responsibilities 1. Direct and/or conduct analysis of locational marginal price (LMP) risk in ISO/RTO markets: Use/improve existing tools to conduct historical pricing analysis that informs project location, pricing strategy, and due diligence for M&A. Optimize the amount, quality, and level of data used to produce results. Over time, you will develop and implement a tool to forecast future covariance and basis risk. 2. Work closely with third-party consultants and internal teams to analyze power flow price forecast studies based on the dynamics of the electricity marketplace influenced by the effects of transmission congestion, fuel costs, generator availability, bidding behaviors, and load growth on the system.  Optimize the design of each study to reflect the project-specific context. Validate and challenge 3rd party assumptions to ensure the accuracy of the study results. Support the design of contract solutions to address the risks identified in forward-looking analysis reports. 3. Provide expert insights on the trends in ISO/RTOs and other regions that are influencing power pricing and project development.  Enhance Scout’s understanding of capacity markets in ISO/RTO regions to support offtake RFP response. Support greenfielding and acquisition due diligence efforts by prioritizing markets based on pricing and other market factors. Provide insight into abnormal congestion values near operating assets to inform our day-ahead and real-time trading efforts. 4. Develop and/or select tools that will enhance Scout’s ability to conduct in-house power market price analysis over time and then use or direct the use of those tools Consider appropriate software options, make a business case for using them or continuing to use consultants to use them, and maximize the value of the approved approach within Scout. Use relevant tools that are used by transmission consultants in order to conduct the analysis in house (e.g., mainly PROMOD, also consider EnCompass, Probe LT) Open to exploring and implementing new technologies and methodologies to enhance forecasting accuracy and efficiency. 5. Develop a Scout-specific view of LMP, congestion, and basis in power markets to shape project development and financial results, and to inform our response to counterparties with different views. 6. Over time, develop the capability to support day-ahead and real-time trading for our operating assets. Develop the capability to provide forecasts on the order of one year to inform internal budgeting. RequirementsOur ideal candidate possesses a balanced blend of technical and commercial skills, a proactive and analytical mindset, a collaborative approach, and an openness to exploring new technologies and methodologies to enhance forecasting accuracy and efficiency. You will be a forward-thinking individual who can anticipate market shifts and proactively advise on strategic decisions. More specifically, we anticipate that you will have the following experience and work style: Bachelor’s degree in in Economics, Finance, Engineering, or a related field. 6 to 10 years of experience in electricity market analysis and power price forecasting with a focus on PJM, MISO, and ERCOT. Expertise in other U.S. regions is a plus. Demonstrated capacity to build and/or lead a high functioning team that delivers on established goals. Demonstrated industry proficiency in the electric power grid, associated technical infrastructure components, and the permitting & financial requirements to site new equipment & projects. Knowledge should encompass federal, state and local policy and procedures. Prior experience commissioning, analyzing, and challenging the results of third-party power flow price forecast studies OR 5+ years conducting such studies. Extensive knowledge in production cost and stochastic dispatch modeling for all generation resource types. Experience in conducting transmission congestion and curtailment analyses, including security-constrained economic dispatch (SCED) modeling. Integrated technical expertise with data-driven commercial savvy. Proficiency with power market analysis resources and software (e.g., Promod, Encompass, YesEnergy) and strong Excel skills. 3-5 years of prior Promod experience is a must.Core Competencies   Excellent verbal and written communication skills, with the ability to present complex information clearly to audiences with varying levels of relevant technical expertise. Strong modelling skills, understanding of tax equity structures is a plus  Strong verbal, written, and visual communication skills.   Ability to concisely frame issues by providing context, analysis, recommendations and risk/benefit tradeoffs, both in written, verbal, and presentation format, to project teams and to senior management.   Willing and available to travel as needed (15%+).?   Proficiency with Microsoft Office, including Excel, PowerPoint, and Word   Organizational Fit:   Strong project management, process development, and team-building skills. Experience working with cross-functional internal and external technical advisors and stakeholders.    Ability to prioritize and deliver top-quality work product in multiple areas in a fast-paced work environment without direct supervision.   Experience using influence rather than authority to achieve desired outcomes.    Authorized to work in the United States.   Desired Personal / Leadership Characteristics    Solution-driven team player with the ability to lead and motivate direct and indirect team members to manage actionable task lists and plans you develop to resolve complex issues.   Ability to inspire confidence and create trust at all levels across an organization.   High emotional IQ – very strong interpersonal skills.   Timeline and Location   We will review resumes for this role on an ongoing basis with a start date as soon as possible.   Our ideal candidate will sit in our Boulder, CO office on a hybrid schedule. Candidates open to relocating to sit in our Boulder, CO office are encouraged to apply.   Scout’s Values    Mission-Orientation. High achievers who want to make a difference in this world and contribute to Scout’s stated mission.    Teamwork. Respectful and appreciative colleagues with strong interpersonal skills and a commitment to fostering positive relationships across organizational boundaries to deliver on shared team goals.    Safety. Uncompromising advocates for the health and safety of fellow employees, contractors, customers, and community members.    Integrity. Ethical professionals who do the right thing even when it is difficult.    Initiative. Resourceful self-motivators who thrive in a fast-paced, entrepreneurial environment because of their exceptional leadership, work ethic, and organizational skills.    Intelligence. Problem-solving learners who can make informed decisions quickly and create innovative and pragmatic solutions to challenging problems.    Invitation to Women and U.S. Underrepresented Groups   We encourage applications from all demographics and especially those that are traditionally underrepresented in the energy industry. Consistent with our core values, Scout celebrates the diversity of thought and experience that comes from a range of backgrounds including, but not limited to, gender, race, and ethnicity.   Invitation to Veterans   Scout welcomes veterans of the United States Armed Forces to apply for this position. Scout includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.   BenefitsTarget base salary: $175,000 – 195,000 (Negotiable for the right candidate.)   Attractive bonus potential.   Scout offers a full range of benefits, including medical/dental/vision insurance with attractive premiums, 401(k) match, STD, LTD, an Employee Assistance Program, and a range of optional supplemental insurance coverage. Job SummaryID: 0AC9EAE501Department: Power MarketingType: full time