Power Market Analyst - ICF Energy Advisory Consulting Practice
Location: Remote USA or Hybrid any USA ICF Office (Preferred: Fairfax, VA)
Description:
ICF is seeking talented Power Market Analysts to support our growing team and client base as they plan for the rapidly changing energy world of today and tomorrow. This role is ideal for professionals with 2-4 years of experience in US power market analysis, forecasting, or economics.
As an analyst, you will be responsible for using detailed power grid models such as PROMOD and PSLF to develop asset proformas and financial projections that will be used to make investment decisions in renewable and conventional power plants. To perform this work, you will develop, explain, and defend power price forecasts, write technical reports to communicate findings to clients, and build deep expertise in topics affecting US power markets.
You will have a direct and wide-ranging impact on the strategic and investment decisions of some of the largest and most innovative firms in the market. In this practice area, ICF’s typical client base includes owners and developers of power plants, banks and investors, and occasionally government entities and other stakeholders. We are looking for individuals who are intellectually driven and love to challenge themselves, and who balance strong analytical skills with excellent communication.
ICF’s practice covers all major market areas in the US, including ERCOT, PJM, ISONE, NYISO, MISO, SPP, CAISO, WECC, and SERC, with specialized teams serving each region.
Key Responsibilities:
Forecast power prices, grid conditions, and power plant economics using sophisticated grid modeling software (primarily PROMOD), Excel, and Python/R/other programs
Analyze market developments including new technologies, new policies, and changes in underlying economic conditions for their impacts on the power grid
Present the results of our analysis and market expertise in written reports, calls, whitepapers, and other presentations
Develop deep expertise in topics affecting US power markets, including market structure, fuels, technologies, policy and legal structures, finance, and other market drivers
Collaborate with other consultants and analysts to enhance ICF’s offerings and proprietary models and databases, and to offer broad integrated solutions for our clients
Support sales and client development efforts with market research, proposal development and thought leadership on evolving energy dynamics and themes.
Basic Qualifications:
Bachelor's degree in Engineering, Mathematics, Economics, or a related quantitative-focused field. Candidates majoring in other fields must clearly demonstrate equivalent quantitative aptitude
2+ years of work experience in power markets analysis, power plant economics, price forecasting, trading, or a related discipline
Experience with one of the major market areas in the US: ERCOT, PJM, ISONE, NYISO, MISO, SPP, CAISO, WECC, and/or SERC
Strong capabilities in Microsoft Office (specifically Excel)
Strong written and oral communication skills
Preferred Skills:
Master’s degree in any of the aforementioned fields or closely related areas
Experience with R, Python and/or other coding languages
Candidates with specific experience using ABB’s PROMOD® model are highly encouraged to apply
Professional Skills:
Strong organizational and project management skills
Ability to work under deadlines in a fast-paced environment
Strong intellectual curiosity and desire to learn beyond what is required for daily tasks
Ability to work independently and make quick decisions when needed
Positive attitude and ability to collaborate effectively with others
Working at ICF
Working at ICF means applying a passion for meaningful work with intellectual rigor to help solve the leading issues of our day. Smart, compassionate, innovative, committed, ICF employees tackle unprecedented challenges to benefit people, businesses, and governments around the globe. We believe in collaboration, mutual respect, open communication, and opportunity for growth.
We can only solve the world's toughest challenges by building an inclusive workplace that allows everyone to thrive. We are an equal opportunity employer, committed to hiring regardless of any protected characteristic, such as race, ethnicity, national origin, color, sex, gender identity/expression, sexual orientation, religion, age, disability status, or military/veteran status. Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals. For more information, please read our .
COVID-19 Policy: New or prospective U.S. employees must provide proof of complete vaccination on the date of their commencement of employment. If selected for employment, you will provide proof of your full vaccination status, defined as vaccinated two weeks after receiving the requisite number of doses of a COVID-19 vaccine approved or authorized for emergency use by the FDA.
Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email and we will be happy to assist. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. Read more about non-discrimination: and .
Fairfax, VA (VA01)
