Energy Modeling Analyst

Date: Apr 19, 2024

Location(s): Juno Beach, FL, US, 33408

Company: NextEra Energy

Requisition ID: 79147

is America’s largest electric company, providing clean, affordable, and reliable electricity to more than 12 million people in Florida. We operate one of the cleanest power generation fleets in the U.S. and our reliability is among the best in the nation. Our goal is to achieve Real Zero carbon emissions from our operations by 2045 by expanding our solar capacity, increasing battery storage and bringing new renewable energy opportunities to Florida, while improving customer affordability and reliability. Are you interested in becoming a game-changer in the energy industry? Join our world-class team today!

Position Specific Description

Quantitative Energy Analyst – Strategic Transformation

Job Summary:

Energy Marketing & Trading (EMT) is seeking a Quantitative Analyst to join the team responsible for delivering technology projects to the trade floor on behalf of Florida Power & Light Company (FPL). This technology will aim to deliver incremental value to the FPL organization, its customers and shareholders. As a Quantitative Analyst, you will be responsible for building and maintaining in-house Production Cost Models and performing data collection, synthesis and analysis of energy trading related datasets.

Job Duties & Responsibilities

• Develop, validate, and maintain sophisticated production cost models (GenTrader).

• Leverage knowledge of GenTrader software to optimize power trading insights, enhance operational efficiency, and drive profitability.

• Perform meticulous data synthesis and analysis to provide insightful, data-driven recommendations and reports to stakeholders.

• Collaborate with cross-functional teams to identify business needs and provide effective solutions.

• Identify opportunities for process improvements and propose innovative strategies based on findings.

• Explain complex modelling approaches in understandable terms to non-technical stakeholders and provide actionable insights.

Qualifications:

• Bachelor's degree in quantitative field such as Mathematics, Statistics, Economics, Finance, Computer Science, or equivalent. A Master's degree or higher is preferred.

• Minimum of 3-5 years of experience in a similar quantitative analysis role.

• Extensive experience and proficiency in using GenTrader or other Production Cost Models.

• Proven experience in data synthesis and analysis, with advanced knowledge of statistical tools and software.

• Strong to detail and ability to perform complex quantitative analyses.

• Excellent problem-solving abilities and critical-thinking skills.

• Strong interpersonal and communication skills, with the ability to translate complex data into simple, actionable insights.

• Highly proficient in Microsoft Office Suite (especially Excel) and familiarity with other statistical tools.

• Ability to work well in teams and under tight deadlines.

Physical Requirements:

• The position may require occasional overnight travel and work outside of normal business hours.

Job Overview

Employees in this role develop models, price energy derivatives, design and perform quantitative studies and analyses of spot/forward prices and volatilities for making pricing, trading, and risk management decisions. This position assists in the development of core algorithms and models to support trading, origination, and asset optimization decisions.

Job Duties & Responsibilities

• Develops and improves upon mathematical models and translates algorithms into code

• Works with origination, risk management and trading to interpret valuations provided by models and responds to intra-day trading requests to price and evaluate structured transactions

• Assists development of energy price forecast, forward curve, and volatility models

• Designs and constructs risk management tools used in evaluating company's risk profile and exposure levels

• Performs other job-related duties as assigned

Required Qualifications

• Bachelor's Degree

• Master's Degree

• Experience: 2+ years

Preferred Qualifications

• Bachelor's - Accounting / Finance

Employee Group: Exempt

Employee Type: Full Time

Job Category: Finance, Accounting & Business Analytics

Organization: Florida Power & Light Company

Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies . Please see ourfor more information.