Market Optimization Manager

Requisition ID: 68692

NextEra Analytics provides renewable energy consulting services using industry-leading scientific analysis. As a NextEra Energy Resources company, the world's largest generator of renewable energy from the wind and sun, we thrive on solving the toughest problems facing the energy industry, and creating innovative forecasting and optimization solutions that lead the way into the next era of energy. Do you want to help accelerate the transition to low-cost sustainable energy? Join our world-class team today!

Position Specific Description

NextEra Analytics is the optimization and analytics team for the world's largest renewable energy generator. We are currently seeking a Market Optimization Manager - this position is available for remote work to competitive candidates. This position is responsible for leading a team of engineers on designing, developing, and benchmarking effective electricity market trading and plant dispatch strategies for utility-scale and C&I customers. This is an algorithmic product team that implements automated software solutions for monetizing energy storage, hybrid aggregations, and other market participation models through mastery of market rules and regulations, forecasting of price and other market conditions, and optimizing bidding and dispatch behavior. The current technical staff has proven success and is core to the NextEra 360 Energy Optimization Platform. There is massive opportunity for career growth and company-wide visibility of contributions in this role.

In this role, you will be interacting with asset managers, schedulers, facility operators, and risk managers to prioritize new and existing opportunities for algorithms/models that increase valuation of our trading, origination, and asset optimization decisions. The team will lead on:

• Implementing solutions leveraging operations research and electricity market fundamentals for scheduling and trade support products,
• Abstractions for scalability of products to new ISO markets and customization of techniques for different customer use cases and market participant models,
• Presenting capabilities and outcomes of strategies to new and existing customers and partners.

The job duties and responsibilities of the Manager for this team are as follows:

• Solid quantitative and technical skills to lead the R&D of new design and implementation,
• Coordination with other management on tracking market/retail and regulatory changes that can impact current algorithm performance,
• Coordination with other management on benchmarking and performance reporting of algorithm performance in production,
• Communicates updates and presentations, both formal and informal, to varying levels of management and external customers,
• Leadership in the supervision, training, and development of direct reports.

Required qualifications:

• A track record of converting novel ideas into software solutions or peer-reviewed publications
• Prior experience in operations research techniques, machine learning/deep learning or forecasting applied to an energy domain problem
• Strong background in electricity market fundamentals (e.g., unit commitment, economic dispatch, power flow), and market products and market participation models in one or more ISOs
• 5+ years experience

Preferred qualifications:

• Experience in production cost modeling and power flow modeling
• Experience presenting technical material to a non-technical audience
• Fluency in Git and Python/R/Julia
• PhD qualifications in related field

Job Overview

This position establishes strategy, develops business plans, and oversees and manages the design, development and implementation of technology solutions to meet business needs. Leaders in this role provide leadership and oversight to manage performance and results in one or more Information Technology (IT) disciplines. Individuals will be accountable for the reliability, performance, security, and continuity of IT systems and supported business processes.

Job Duties & Responsibilities

• Provides leadership, influence, vision, and direction to the organization to contribute to achieving the company's goals
• Works with IT leaders to develop overall IT strategy in alignment with business strategy
• Oversees value stream by focusing on cost and risks of technology portfolio to meet business needs
• Supports and fosters innovative technologies to deliver new ideas that enable business transformation
• Ensures high levels of ongoing system and application performance in production environments
• Oversees development of processes and tools to automate code releases from development to operations (DevOps)
• Attracts, develops and retains a high-performing and diverse team
• Establishes and drives technology roadmaps that align with current and future business needs
• Manages third party technical and outsourcing relationships to deliver project and operational support objectives
• Ensures technology processes are conducted in line with applicable standards and company policies
• Performs other job-related duties as assigned

Required Qualifications

• High School Grad / GED
• Bachelor's or Equivalent Experience
• Experience: 8+ years
• Supervisor/Management Experience: 2+ years

Preferred Qualifications

• Bachelor's Degree

Employee Group: Exempt

Employee Type: Full Time

Job Category: Information Technology

Organization: NextEra Analytics Inc

Relocation Provided: Yes, if applicable

Where permitted by applicable law, NextEra Energy requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination on or before the first day of employment.

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 [email protected] , 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 our policy for more information.

Nearest Major Market: Minneapolis

Job Segment: Sustainability, Energy