Senior Energy Market Analyst

Description

The Autobidder team develops and maintains the physical dispatch and electricity market trading strategies for front-of-meter and behind-the-meter storage systems providing Grid Services. We are an algorithmic trading team that develops systematic software solutions for monetizing energy storage by continuously forecasting electricity market prices, analyzing key market trends, and actively re-optimizing behavior. We have repeatedly demonstrated success in residential, commercial, and utility-scale settings.

We are seeking quantitative analysts with electricity market expertise to provide data-driven guidance on our commercial priorities and inform the development of our automated trading software, Autobidder. As part of the Market Analysis team, your analysis will inform decisions on asset valuation, pricing, commercial structuring, market-entry, risk tolerance, and product design. You will work alongside algorithm engineers, traders, finance leads, and commercial teams at the intersection of commercial structuring, market analysis, and real-world operations. Successful candidates will understand the key drivers that impact battery revenues, and will analyze the implications when these key drivers are flexed across a range of scenarios.

You have a deep intellectual curiosity about electricity markets that fuels your ability to learn quickly and apply insights across different market designs and policy environments. You have a track record of informing decisions in the face of uncertainty and ambiguity, and can communicate results effectively across disciplines at varying levels of technical depth.

Responsibilities

• Develop and maintain Tesla's long-term view of market fundamentals and prices in the NEM using a combination of internal modeling tools, vendor forecasts, and expert judgments
• Develop long-term battery revenue forecasts, complex BESS revenue models to price novel revenues structures and work on portfolio valuation
• Develop and maintain medium-term price forecast models, and understand and communicate model limitations and model risk
• Serve as a technical representative of the team with prospective customers on our forward-looking views
• Monitor market design and policy initiatives to assess their impact on storage monetization in the mid to long-term
• Contribute to project structuring, offer design and support origination

Requirements

• Strong quantitative background - Engineering, Maths, Econometrics or equivalent field
• 5+ years of direct experience on the NEM market
• Ability to read NEMDE constraint equations and explain dispatch outcomes from them
• Production cost modelling experience (PLEXOS, or equivalent) for long-term price/revenue forecasts

Proficiency in Python and SQL

• Power flow / transmission modelling experience (PSS/E, PowerFactory, or DC OPF) is preferred
• Knowledge of electricity market instruments such as virtual tolls, forwards, swaps, puts, caps, floors, etc is preferred
• Experience with Docker/Kubernetes/Argo a plus

Compensation & Benefits

Benefits

In addition to a competitive compensation package, Tesla Australia & New Zealand is pleased to offer the following benefits for permanent employees:
Employee Stock Purchase Plan (ESPP) - Purchase Tesla stock twice per year at a 15% discount
Parental leave (no minimum employment period)
Primary carers – 18 weeks at full pay or 36 weeks half pay
Secondary carers – 6 weeks full pay
Miscarriage leave - 10 days

Employee Vehicle Loan Program

• Novated Leasing (AU only)
• Employee Vehicle Finance program (AU only) - Tesla subsidises your loan interest
• Well-being Fund – An annual allowance of $950 USD for all employees to support their well-being in ways that are meaningful to them
• Health insurance discounts (AU only)
• Bike to work – $10 per day if you cycle to work
• Employee Assistance Program - Free and confidential counselling for all staff and their families

Annual Flu Vaccines

Birthday Leave, Cultural Significance Leave and Volunteer Leave

Some eligibility criteria may apply, benefits detailed above are subject to change / withdrawal at Tesla’s discretion with no prior notice.