All open positions
BRL-MKT-04 · Power Trading & Markets
Market Analyst, Power Asset Exchange & RECs
Energy Storage Pune / Hybrid · Hybrid 0–2 years · Entry
Investors and owners increasingly buy and sell operating plants and storage assets, and the market for green attributes keeps growing. You will build the data and analysis behind our Power Asset Exchange listings, storage revenue cases and renewable energy certificate trading, learning the Indian power market from the inside.
Scope of work
- Maintain clean datasets of exchange prices, volumes and certificate trades for analysis and client reports.
- Prepare asset profiles for Power Asset Exchange listings: generation history, tariff, contract terms and grid details.
- Model storage revenue cases from price spreads, ancillary services and capacity contracts.
- Support monthly renewable energy certificate trading sessions with inventory, bids and settlement checks.
- Track tenders, policy changes and regulatory orders and summarise their market impact.
- Build dashboards for the trading desk and clients in BARREL OS.
- Check data submitted by sellers on the Power Asset Exchange for completeness and consistency.
- Assist senior traders and asset managers with ad-hoc analysis during deals.
Technical description
- Renewable energy certificate mechanism under the CERC REC regulations and its trading sessions on the exchanges.
- Exchange price data across DAM, RTM and GDAM, and how to analyse price spreads by time of day.
- Storage economics: round-trip efficiency, degradation, cycle limits and arbitrage spreads.
- Ancillary services under the CERC ancillary services regulations and their relevance to storage.
- Excel, SQL and Python for data cleaning and analysis.
- Basics of plant performance metrics: CUF, PLF, availability and degradation.
Commercial description
- Measured on accuracy and timeliness of analysis, reports and listings.
- Supports the desk's REC trading margin and the Asset Exchange's transaction pipeline.
- Works with traders, asset managers, technology and the clients who list or buy assets.
- Learns valuation and deal structuring under the guidance of senior colleagues.
Skills required
- Strong quantitative and spreadsheet skills.
- SQL or Python for data work.
- Clear charts and short written summaries.
- Ability to read a regulatory order and pick out what changes.
- Accuracy with numbers and units (MW, MWh, Rs/kWh).
- Organised management of recurring data tasks.
- Curiosity about how markets and prices behave.
- Good written English.
Talent we look for
- Asks why the numbers look the way they do.
- Takes pride in getting the details right.
- Learns quickly and seeks feedback.
- Enjoys a fast-moving desk environment.
Qualifications
- B.E./B.Tech in Electrical Engineering, or a degree in Economics, Statistics or Finance.
- A postgraduate degree or coursework in energy economics or power markets is an advantage.
- Internship or project work involving power markets or data analysis is welcome.
More in Power Trading & Markets
BRL-MKT-01Head of Power TradingExchanges & Markets · Pune (Head Office) · 15–20 yearsView role BRL-MKT-02Senior Power Trader, Day-Ahead & Real-Time MarketsExchanges & Markets · Pune (Head Office) · 6–10 yearsView role BRL-MKT-03Scheduling & Forecasting Manager, Renewable PortfolioPower Generation · Pune (Head Office) · 4–8 yearsView role