Production Cost Modeler

⚡ Role: Production Cost Modeler

💼 Industry: Energy Storage / Energy Trading

🌎 Location: Remote

💰 Salary: $140,000-$180,000

This is an amazing opportunity for a Production Cost Modeler to join a renewable energy trading company who primarily trade around BESS, Solar, and Wind to help reduce grid volatility.

The Production Cost Modeler will play a crucial role in optimizing our renewable energy production and trading strategies. The ideal candidate will possess a strong background in power markets, energy economics, data analytics, and renewable energy technologies.

Responsibilities:

• Develop and Maintain Production Cost Models
• Create and maintain detailed production cost models for various renewable energy projects, considering factors such as solar, wind, and other emerging technologies
• Continuously update and refine models to reflect the latest industry trends, technological advancements, and market dynamics

Financial Analysis:

• Conduct financial analysis of renewable energy projects, assessing production costs, revenues, and potential profit margins
• Collaborate with cross-functional teams to integrate financial insights into trading and investment strategies

Risk Assessment:

• Evaluate potential risks associated with renewable energy production, considering factors such as weather patterns, regulatory changes, and technological uncertainties
• Work closely with risk management teams to develop strategies for mitigating identified risks

Data Analytics:

• Analyze large sets of data related to energy production, market trends, and trading activities to derive actionable insights
• Utilize data-driven approaches to optimize renewable energy trading decisions

.Collaboration:

• Collaborate with the trading team, energy analysts, and other stakeholders to align production cost models with market dynamics and trading strategies
• Provide regular updates on cost model outputs and insights to support informed decision-making

Qualifications

• Bachelor’s or Master’s degree in a relevant field such as Economics, Finance, Engineering, or a related discipline
• Extensive experience with energy modeling software – PLEXOS / Aurora / Encompass etc. Proven experience in production cost modeling within the renewable energy sector
• Strong analytical skills with expertise in data analysis tools and programming languages (e.g., Python, R)
• Exceptional knowledge of multiple US Power Markets (CAISO, ERCOT etc..)
• Knowledge of renewable energy technologies, market structures, and regulatory frameworks
• Excellent communication and collaboration skills
• Ability to thrive in a fast-paced, dynamic environment.

📧 Sounds like you? Please click on the ‘Easy Apply’ button. You can also send your resume directly to [email protected] or message me directly! ⚡ Storm4 is a specialist GreenTech recruitment firm with clients across Europe, APAC and North America. To discuss open opportunities or career options, please visit our website at www.storm4.com and follow the Storm4 LinkedIn page for the latest jobs and intel