The Nodal Markets & Quantitative Analysis Senior Manager provides critical insights on nodal market dynamics to optimize investment decisions, support long‑term portfolio management, and enable Corporate PPA teams. As a manager, this role organizes and coordinates the activity of the team. As a leader, the role presents the team’s results to senior management. This position is able to sit at our Houston, TX headquarters or our Berkeley, CA office. 

Accountabilities

The Nodal Markets & Quantitative Analysis Senior Manager gathers knowledge from across the organization as well as external sources to deliver nodal price forecasts to senior management. Once validated, these forecasts serve as a key input into the Company’s investment decision‑making processes.

Key Responsibilities

Collaboration & Stakeholder Management

• Collaborate closely with cross‑functional teams in the U.S. and at Headquarters, including fundamental market analysis, R&D teams, IT & Digital country experts, trading, portfolio management, and regulatory teams, to align market analysis and modeling activities with overall business objectives.
• Effectively communicate insights and recommendations to senior management and other stakeholders.
• Become an internal reference on local nodal market dynamics.

Market, Asset & Benchmark Analysis

• Conduct in‑depth analysis of U.S. power markets, including supply, demand, transmission dynamics, price trends, regulatory changes, and technology costs.
• Perform asset analysis and benchmark internal and external scenarios, with the ability to clearly explain differences.
• Ensure models are updated to reflect multiple scenarios.

Data Collection & Management

• Collect and organize relevant data from various sources, including market reports, databases, and internal systems.
• Ensure data accuracy and integrity.
• Develop robust methodologies for data analysis and interpretation.

Model Development & Digital Tools

• Act as the business leader in the development of accurate models and algorithms to forecast long‑term nodal power markets.
• Master the underlying digital products used for modeling.
• Manage the modeling roadmap in close coordination with development teams.

Business Use Cases & Decision Support

• Run and deliver key business use cases, including basis analysis, hourly price forecasts for the asset portfolio, and support for investment decisions.
• Master the local supply, demand, and transmission context of TotalEnergies’ power generation portfolio.
• Run sensitivities and explain market dynamics clearly to stakeholders.

Industry Awareness & Thought Leadership

• Stay current on industry trends, regulatory developments, and emerging technologies in the power sector.
• Participate in industry conferences, events, and regulatory forums.
• Share market analysis expertise internally and position the team as a thought leader in the power market domain.

Project Management

• Propose and deliver the U.S. roadmap for nodal market modeling activities.

Required Education:

• Master's degree or PhD in economics, finance, engineering, or a related field.

Required Skills & Experience:

• Proven experience (10-15 years) in power market analysis or a similar analytical role within the energy sector.
• In-depth knowledge of ERCOT and/or PJM markets, including electricity pricing, market fundamentals, regulatory frameworks, and policy dynamics.
• Excellent communication and presentation skills, with the ability to effectively convey complex information to both technical and non-technical stakeholders. Project management skills are a plus.
• Proficiency in statistical analysis, forecasting techniques, and data modelling. 
• Experience with statistical software (such as Python, R, or MATLAB) and Modelling softwares (such as BID3, Plexos or PSO) is required.
• Demonstrated industry awareness and a track record in the power market domain.
• Knowledge of energy industry trends, renewable energy technologies, and environmental regulations is highly desirable.