Appian Way Energy Partners is a small energy trading firm located in Harvard Square that focuses on trading in wholesale competitive electricity markets throughout the US. Appian Way is seeking a Power Analyst with strong modeling, research and quantitative skills. Electricity markets are fascinating laboratories for applied microeconomics and public policy, and offer the opportunity to learn and see real world quantitative and fundamental trading in action. The industry is extremely dynamic and continues to undergo a significant transformation in response to environmental/climate challenges, impacting industry trends and market outcomes.
The role of the Power Analyst is research and modeling of supply and demand fundamentals and grid congestion in the US ISO markets. The Power Analyst will work closely with a team of energy trading professionals from diverse backgrounds that include economics, operations research, electrical engineering, public policy and business, and have the opportunity to develop highly technical expertise in the field of energy economics and trading in electricity markets.
The ideal candidate is someone with very strong quantitative and research skills, who is looking to work in a small, dynamic environment where their efforts are directly tied to commercial decisions and outcomes. The candidate should be extremely adept at working with and manipulating large datasets, and communicating information and analyses transparently and with impact. They should be comfortable making hypotheses and judgments from incomplete information while also being a creative, tenacious and prolific researcher able to originate innovative information sources to complete the picture.
The Power Analyst will build and manage models, particularly Optimal Power Flow (OPF) models, intended to predict electricity market prices and identify potential trading opportunities. Experience with OPF models or electricity market simulation tools (such as Powerworld, GE MAPS, DAYZER, Gridview, etc) is strongly desired, but can be substituted with very strong academic understanding of power flow and power economics. The Power Analyst would ideally also be self-sufficient in accessing, managing and dissecting voluminous data on the power markets and constantly improving and calibrating our modeling efforts to real world outcomes. Proficiency with programming tools such as SQL, Python and/or R is also strongly desired.
Inquiries should be sent to:
Appian Way Energy Partners LLC
Founded in December 2014, Appian Way Energy Partners (AWEP) is among the leading firms trading in competitive wholesale electricity markets in the U.S., leveraging the business’ deep comparative edge in modeling and understanding electricity market price formation, particularly “congestion pricing.” Appian Way participates in the PJM, MISO, NYISO, ERCOT, SPP, and CA-ISO markets and actively trades on exchanges that offer power futures contracts.
The nature of AWEP’s differentiation and success derives from leveraging market fundamentals, sophisticated modeling and a deep understanding of market dynamics with respect to electricity grid congestion. Electricity markets are fascinating laboratories of applied micro-economics and there are immense amounts of public data available regarding the detailed operation and characterization of the industry. Success in this market requires being able to process volumes of available and disparate data to connect the dots and develop first class analytics, modeling, trading, and risk management and superior understanding of electricity markets.