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Power Market Analyst Co-op

Oakville, ON, CA, L6J 2X1

Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business, and as an employee team.

At Liberty, we hire passionate people who care about doing the right thing for our customers. We are entrepreneurial, creative, and outcome-focused. Here, your natural talent and achievements will flourish in an inclusive environment of teamwork, trust and continuous learning. We are always pursuing excellence to exceed our ambitions goals, rewarding both the goal outcome and how we achieve it. 

Purpose

The Power Market Analyst summer student role is within the Market Analytics group and will work closely with the trading team in the maintenance and execution of proprietary tools that enable decision-quality analysis and reporting within Energy Services and Algonquin.  The successful candidate has knowledge of North American power markets with some knowledge of analytical approaches and understanding of fundamental data manipulation techniques. The main responsibility of this candidate will be to provide reporting and analysis and to support hedging and risk management activities

Accountabilities

  • Implement, as directed by the trade group and with the support of ES team, models to monitor and evaluate risk metrics on portfolio of assets.
  • Monitor and gather key industry intelligence, identify trends and communicate to relevant stakeholders.
  • Perform standard reoccurring tasks for the trading team such as: supplying forward pricing to plant managers, asset strategy, customers or business development.
  • Publish and maintain existing executive reports.
  • Perform the distribution and data validation of reports (daily, weekly and monthly).
  • Assisting the Environmental Trader with managing REC deliveries and interaction with all environmental registries.
  • Run and improve tools and queries as needed to obtain wholesale power market data.
  • Execute and support database monitoring and data validation tasks.

Education and Experience

  • Broad Job Knowledge - Broader knowledge of theory and principles within a professional discipline or advanced knowledge of specific technical/operational practices
  • Working toward the completion of Bachelor's Degree in Engineering, Finance, Economics, Mathematics, Physics, or Computer Science.
  • Knowledge of programming languages including R, Python & SQL is strongly preferred.
  • Successful candidate must have basic knowledge of energy markets, products and trading instruments such as swaps, options, futures.
  • Work experience in the deregulated energy markets or trading floor experience in the energy field is preferred. 
  • Experience analyzing market fundamental drivers in ERCOT, PJM, MISO, CAISO, AESO is preferred.
  • Candidate must have advanced spreadsheet skills and strong modelling aptitude.

Algonquin Power & Utilities Corp. is a growing renewable energy and utility company with over $15 billion of assets across North America and internationally.

For more than 30 years, Algonquin has demonstrated an unwavering commitment to delivering clean energy and water solutions. Our rapid growth has led both our regulated utility services and renewable energy business groups into different geographies and commodities, but our purpose remains unchanged – Sustaining Energy and Water for Life.

Through our operating business (Liberty), we provide regulated electricity, water, and natural gas utility services to over 1 million customer connections, primarily in North America. And, our growing portfolio of clean, renewable wind, solar, hydro and thermal power generation facilities represent over 3 GW of renewable generation capacity in operation and under construction.

With our robust, diversified, and growing presence in communities across North America and internationally, we are continually demonstrating our “Think Global,  Act Local” business model.

 

What we offer

Within walking distance to the Go Train station

Free parking, including free electrical charging

Collaborative environment with a genuine flexible working policy

Free refreshments

Challenging work

 

We are focused on building a diverse and inclusive workforce.  If you are excited about this role and are not certain you meet the all the qualification requirements, we encourage you to apply to further investigate the opportunity.

We are an equal opportunity employer and value each person’s unique background, diversity, experiences, perspectives and talents. Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all of our employees and expect each of our employees to honor this commitment in their daily responsibilities.

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