Market Fundamentals Analyst

The Alberta Electric System Operator (AESO) is responsible for the safe, reliable, and economic planning and operation of the Alberta Interconnected Electric System. We provide open and non-discriminatory access to Alberta’s interconnected power grid and also facilitate Alberta’s competitive wholesale electricity market. The AESO strives to foster an inclusive, diverse and equitable workplace where people feel respected and welcomed for who they are, together we deliver high performance and innovative results.

If you are a current AESO employee or contractor, please view openings and apply through our internal site at Workday.

Our Load Forecasting and Market Analytics team is looking for a Market Fundamentals Analyst. We will consider the successful candidates’ experience and qualifications when determining the appropriate seniority level.

In this role, you will lead and support a variety of initiatives related to developing and supporting energy consumption (load) modeling and conducting assessments of fundamental drivers of the Alberta Interconnected Electric System (AIES). You will be involved in modernizing both our short and long term load forecasting models, developing hourly projections for the short term Alberta Load forecast, Long-term Outlook and ad-hoc analysis, assessing impact of electrification and decarbonization policies and industry trends, conducting and presenting research and analysis of emerging trends in the Alberta market and grid operations, and collaborating with other teams within Markets and Grid Reliability.

This full-time opportunity offers a competitive salary, and a variable pay program. We also have paid vacation and flex time, health and dental benefits, mental health support, a defined contribution pension plan, and learning and development opportunities as part of your overall compensation package. We support a hybrid work environment, where the team is in the office on Tuesdays, Wednesdays, and Thursdays.

Mondays and Fridays are flexible for where you work best.

• Develop and support the modernization and development of short term and long-term load forecast by collecting and analyzing historical load, developing and applying forecasting methodologies and algorithms, implementing forecasting and visualization processes, evaluating and validating modeling accuracy, communicating and reporting to relevant decision-makers and stakeholders, updating documentation and keeping track of maintenance cycles.
• Conduct research on impacts to the AIES due to electrification of different economic sectors and technology adoption pathways using economic decision modeling and propose methodologies for integrating into main load forecasting model.
• Monitor and analyze load forecast drivers such as policy measures, market rules, emission regulations, market trends, capital cost curves, and other relevant market fundamentals.
• Develop market fundamental assessments by using technical skills (e.g., SQL, Python) to blend data and analytics with economic theory and principles relevant to the Alberta wholesale electricity market.
• Forecasting:
  Experience with ARIMA and regression models for predictive modeling.
• Explore and define opportunities for process improvement and implement approved changes in a collaborative manner.
• Maintain and build key internal and external stakeholder relationships.
• Promote collaboration and teamwork and share information, ideas, and knowledge.

• You are curious to learn more about AESO’s electricity market and related data, including how it’s accessed and used.
• You thrive in a dynamic environment and are looking for an opportunity work with an organization enabling the energy transition in Alberta’s electricity sector.
• You enjoy working in a team of bright professionals and participating in lively discussions. You appreciate working and learning in a diverse atmosphere – our team and colleagues have varied backgrounds, experiences and perspectives.
• Your skillset is well-balanced between storytelling and communication on one end and critical thinking, technical (analytical and programming) and problem…