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Avangrid Manager- Long-Term Fundamentals in Portland, Oregon

Manager- Long-Term Fundamentals

Company: AVANGRID RENEWABLES, LLC

Location:

Portland, OR, US

Company Company

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $39 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 7,000 people and has been recognized by Forbes and Just Capital as one of the 2021 JUST 100 companies - a list of America's best corporate citizens - and was ranked number one within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2021 for the third consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com (https://www.avangrid.com/wps/portal/avangrid/home)

Purpose

Avangrid Renewables is seeking a motivated Manager, Long Term Fundamentals to join the Market Fundamentals group in Portland Oregon or Boston Massachusetts. The Market Fundamentals group analyzes the energy markets across North America, maintains up-to-date market models, and develops comprehensive market views and forecasts (energy, basis, capacity, REC, ancillary services). These views and forecasts are key drivers for investment decisions (onshore/offshore wind, solar, storage, etc.), hedging activities, and development of corporate strategies.

Responsibilities

  • Lead the effort to analyze the energy landscape across North America including policies, market rules, power grid, and technology trend and their impact to renewable business

  • Generate comprehensive market views on renewable/storage demand, market conditions, competitiveness, growth drivers, revenue streams, risk factors, technology innovation, and strategic opportunities

  • Maintain up-to-date forecast models and perform market simulations/analyses to develop forecasts and sensitivities

  • Lead the internal review and adoption of the forward price curves, develop justification for the committee’s approval, and support the application of the curves in different business cases

  • Prepare senior management briefing materials, communicate with internal stakeholders, and ensure that Avangrid has consistent and cohesive outlook in the long term

  • Collaborate with investment office, origination, policy, and other internal teams to support various projects by performing revenue, basis, curtailment, negative price protection, PPA, risk, and policy impact analyses

  • Manage data and service subscriptions, manage relationships with service providers to facilitate effective information exchange and Q&A sessions

  • Develop other staff on the team, collaborate with nodal team and global team

Skills and Requirements

  • Bachelor’s degree in Business, Engineering, Economics, Finance, or a related quantitative field

  • 5+ years of experience in US power fundamentals, renewables markets, or other related areas

  • Experience with production cost and capacity expansion modelling software such as AURORA PROMOD, PLEXOS, Gridview, GE MAPS, etc.

  • Demonstrated understanding of one or more wholesale markets: CAISO, PJM, MISO, ERCOT, ISO-NE, NYISO, SPP, or bilateral markets

  • Knowledge of REC market and forecast

  • Excellent written and verbal communication skills to effectively communicate with both business and technical personnel at all organizational levels

  • Ability to synthesize a market view based on research and fundamentals

  • Self-motivated, strong analytical and problem-solving skills

  • Strong team skills to collaborate with team members with diverse background in a fast-paced industry

Company Information

Please also note that AVANGRID currently has a COVID-19 vaccination Policy in place that, among other requirements, requires all employees to disclose their COVID-19 vaccination status. Any applicant who receives a conditional offer will be required to submit acceptable documentation regarding their COVID-19 vaccination status after receiving such conditional offer and prior to commencing employment. This Policy also requires all employees to either become fully vaccinated or to undergo weekly testing beginning on February 9, 2022. All AVANGRID policies may be modified or discontinued at any time, for any reason at the Company’s full and sole discretion.

Competencies

  • Develop Self & Others

  • Empower to grow

  • Collaborate and Share

  • Be a role model

  • Focus to achieve results

  • Be agile

  • Technical Skills

Our Selection Process

#LI-AV1

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country

Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRD Network and Corporate functions. This does not include those that will work for Avangrid Renewables

AVANGRID’s employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law. Learn more about equal employment by following this link (https://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our Human Resources department at 203-499-2777 or careers@avangrid.com

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