Power Market Fundamentals Analyst (Calgary, AB, CA)

Power Market Fundamentals Analyst

Reference Code: 97503

Location: Canada (CA) -Calgary, AB  
Job Category: Marketing/Trading
Employment Type: Employee Full-time
Relocation Eligibility: This position is not eligible for our relocation program
Application Deadline: 06/10/2022

We all need energy. It warms our homes, cooks our food, gives us light, and gets us where we need to go. It also improves our quality of life in countless other ways. At TC Energy, our job is to deliver that energy to millions of people who depend on it across North America. And we take our job very seriously. 

Guided by our values of safety, integrity, responsibility, and collaboration, we develop and operate our facilities safely, reliably and with care for our impact on the environment. With our presence across the continent, our people play an active role in building strong communities. 

We’re proud of how our hard work and commitment sets us apart and benefits society, every day. We’re looking for new team members who share our values and are ready to take on exciting challenges.  

To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce in Canada, the U.S. and Mexico.
 

The opportunity 
Our Commercial Marketing Analytics Team is growing to help support the growth of our non-regulated affiliate Power and Emissions marketing and trading business. The team is responsible for fundamental, market analytics and valuations support of the business development, acquisition and origination groups.

We are seeking a highly motivated individual in Houston or Calgary who has knowledge and experience in power markets and can provide long- and short-term analytical support by conducting power markets supply and demand analysis to help identify market and pricing trends. 

What you’ll do

• Provide medium to long-term power market fundamental analysis supporting origination trading and business development teams. 
• Monitor fundamental drivers such as policy, regulations, market trends, renewable builds, retirements, transmission changes and other relevant market trends to identify opportunities and challenges.
• Maintain and run 3rd party model such as Aurora to help develop forward views of fundamentals and prices.
• Track and Identify risks of third-party vendor data and forward analysis
• Utilize advanced modelling techniques to determine the relationship between energy market variables and correlations between power and gas.
• Develop models and dashboards to help visualize power market forecast and fundamentals.
• Prepare and present fundamental analysis and price outlooks to executive management.
• Network with industry counterparts in order to stay abreast new information that may impact power markets.
• Establish and maintain effective working relationships with others in the organization including Trading, IT, and Corporate Strategy personnel.
• Participate in the evolution of the new business.  

Minimum Qualifications

• Bachelor’s Degree preferably with a concentration in Business, Finance, Economics or Engineering
• 5+ years direct power market analytics experience 
• Hands-on experience with power market forecasting models such as Aurora, Plexos, Promod, or UPlan.
• Demonstrated understanding of Power Market fundamentals in US and Canada.
• A natural curiosity about energy markets and the ability to develop forecasts that may be contrary to consensus
• Proven track record of being able to transform fundamental research into salient, actionable analysis/advice.
• Extensive knowledge of data interaction or use of different data frameworks. Ex: programming skills or direct database querying ability
• Solid experience with report building and visualization tools: Power BI, Tableau, etc.
• Skilled in economic analysis and analytical reasoning
• Experience managing dynamic workflow and multiple projects
• Strong verbal and written communication skills
• Strong Excel and Power Point skills

Preferred Qualifications

• Modeling experience in any of PJM, ERCOT, SPP or MISO 

About our business 
TC Energy is a leading energy infrastructure company in North America. We have three complementary businesses of natural gas pipelines, liquids (oil) pipelines, and power generation. Our operations span three countries, seven Canadian provinces, and 34 U.S. states. 

*LI-Hybrid

Apply now!

Apply to this posting by 06/10/2022 using reference code 97503. You must apply through our jobs system at jobs.tcenergy.com. Only applications submitted through our system will be acknowledged. Applications may be submitted using a mobile device or a desktop / laptop computer.

TC Energy is an equal opportunity employer.

Learn more

Visit us at TCEnergy.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.

Thank you for choosing TC Energy in your career search.

* Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or ladder.

* Applicants must have legal authorization to work in the country in which the position is based with no restrictions.

* All positions require background screening. Some require criminal and/or credit checks to comply with regulations.

* TC Energy is committed to provide employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process. Applicants with disabilities can request accessible formats or communication supports by contacting careers@tcenergy.com.