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Fairfax, Virginia, United States of America
JOB #R2300035

Power Market Analyst (Remote USA)

Power Market Analyst - ICF Energy Advisory Consulting Practice

Location: Remote USA or Hybrid any USA ICF Office (Preferred: Fairfax, VA)


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 EEO & AA policy.

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:  Know Your Rights and  Pay Transparency Statement.

Pay Range - There are multiple factors that are considered in determining final pay for a position, including, but not limited to, relevant work experience, skills, certifications and competencies that align to the specified role, geographic location, education and certifications as well as contract provisions regarding labor categories that are specific to the position. The pay range for this position is:

$85,679.00 - $160,220.00

Reston, VA (VA30)

Energy Consulting

Who is ICF?

A global consulting services company with approximately 8,000 people across 75+ countries, but we are not your typical consultants.

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