Principal Analyst- Nodal Power Markets - Hybrid (Andover, MA)

General Information

Country

USA

State/Region

Massachusetts

City

Andover

Team

Energy and Commodity Management

Seniority

Expert (4-8 years of experience)

Job Type

Permanent

Hire Type

Full-Time

Work Regimen

Hybrid

Posting Date

24-Jul-2026

Expiration Date

30-Sep-2026

Company

Enel North America, Inc.

Description and Requirements

Principal Analyst, Nodal Power Markets

Description and requirements

If you want to shape the future of energy, we are looking for a Principal Analyst, Nodal Power Markets to join our Energy and Commodity Management team!

Who you will work with

The Market Analytics & Strategies group within Risk Management and Strategy is responsible for developing company’s view with comprehensive analysis of North American energy markets. This includes developing and maintaining short-term and medium-term forecasts for energy, price received, and congestion and curtailment risk for our portfolio of assets in the ERCOT and SPP markets. This person will work to integrate nodal market modeling with broader modeling efforts to support a comprehensive market view covering ancillary services, capacity and/or scarcity pricing, and Renewable Energy Certificates. This modeling effort helps drive investment and asset management decisions for new renewable projects (wind, solar, battery, etc), hedging activity, and development of corporate strategy in North America.

What you will do

Serve as the subject matter expert on nodal price formation and congestion pricing on the fundamental modeling team

Develop and maintain production cost and powerflow forecast models for the ERCOT and SPP nodal markets

Analyze market risk around congestion at key locations in the ERCOT and SPP markets

Quantify commercial risks related to PPAs and merchant exposure based changes in market fundamentals, renewable penetrations, market rules, etc.

Use fundamental model views to provide quantitative and qualitative insights as they pertain to our portfolio of generation assets in various ISOs.

Review consultant studies pertaining to basis risk

Support the development and maintenance of transmission and nodal market datasets, output reports, and market insights

Support the automation efforts for key model inputs and output reporting functions for nodal simulations and coordinate database management with other staff

Provide support to business development and policy teams by providing market information and analysis in a timely manner

Work with other members of the fundamental modeling, risk and trading teams in development of key fundamental inputs for both supply and demand side of each market to support hedging strategy for operating assets

Summarize key fundamental changes in the markets and communicate the findings to develop consensus on the market view

Stay abreast of the latest regulatory developments both at state and

federal level especially related to transmission infrastructure, scarcity pricing, ancillary services, and market price formation

Analyze and maintain a cohesive view of the interplay between Renewable Energy Credits, Capacity, and Energy markets in a target region.

What you will bring

The minimum requirements for this role are:

Minimum of 7 years of experience in an analytical role at an energy trading firm, energy consulting firm, IPP, ISO or Utility. Open to fill position at lower level as warranted by experience.

Strong understanding of nodal power market fundamentals, renewable energy background a plus.

Experience in power market modeling in ERCOT, PJM, SPP, WECC, CAISO, NYISO and/or ISO-NE, ERCOT preferred.

Experience with nodal production cost modeling is required, Aurora, PROMOD, PLEXOS or like tool.

Strong experience in data mining and working with large datasets

Ability to work as a part of team and engage with other groups, ability to communicate complex concepts to a variety of audiences.

Willingness to learn and interest in power and/ or commodities markets.

Bachelor’s degree in Engineering, Finance, Mathematics, Statistics, Power, Economics

and/ or Business or comparable. Advanced degree may count towards some experience.

Why join us?

The pay range for this position is $136,000 - $150,000 annually. The base pay actually offered will be based on several factors, including job-related knowledge, skills, work experience, education, and internal equity. At Enel, base pay is one part of your total compensation package. Please see below for additional information on Enel North America rewards.

Enel North America offers its regular full-time employees affordable, quality healthcare for you and your family, life insurance and disability benefits to provide security, and retirement benefits to help you plan for your financial future. In addition, we offer an array of other benefits such as flexible spending accounts, tuition reimbursement and professional development allowance.

Benefits are effective as of day one!

Some additional perks to working with Enel North America include:

401k with match fully vested as of day one. Enel-NA matches 100% of the first 4% that you contribute up to set IRS limits.

Generous PTO that supports work/life balance including: 4 weeks annually of vacation as well as personal days, volunteer days, your birthday off, paid holidays, and sick time. Proration may apply during first year of employment.

Paid leave programs

The opportunity to grow and develop your career with the support and mentorship of senior leaders.

The opportunity to work for one of the world’s most recognizable and respected brands in the energy industry that believes by working together we can create a new energy era in which the world can become more sustainable.

An employee’s eligibility for these benefits shall be subject to the governing documents for such plans and programs and/or company policy. The benefits described above may be modified or eliminated with or without notice in accordance with the governing documents and applicable law.

Diversity, Equity, Inclusion, and the Selection Process

The selection process includes an initial introductory interview with the Recruiting team, followed by an interview with the relevant business line. If your profile matches the requirements of the role, we will contact you to share all the details of the next steps.

Enel North America is committed to providing a fair and transparent hiring process for all job seekers. We will never ask you to pay money or provide sensitive information, such as your social security number or bank account number, as part of the application process. We only hire through our official channels, which include our website and LinkedIn page. If you receive a job offer that did not come through one of those channels, it is likely a scam, and we suggest reporting it to the authorities.

We are looking for individuals who embody our values: trust, respect, innovation, proactivity, and flexibility.

Notice to Recruiters & Staffing Agencies

Enel North America has an internal talent acquisition department and designated career site for individuals looking to join our team. Enel North America will not accept unsolicited resumes from any external recruiters, staffing firms, search agencies or any fee-based referrals. Any unsolicited resumes sent to directly to Enel North America, in any capacity will be considered property of Enel North America. This policy is applicable to all Enel North America locations and will be the responsibility of third parties and vendors to understand this policy. Enel North America will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

Who we are:

Enel North America:

Enel North America is a proven renewables leader delivering clean, flexible and sustainable energy solutions.

As part of the Enel Group, we develop, build, own and operate renewable power plants and demand response solutions, with over 11 gigawatts (GW) of installed wind and solar capacity, over 1 GW of energy storage and nearly 5 GW of demand response in the US and Canada.

For nearly 25 years, we've reliably powered modern life and driven climate action with our people, partners and communities by putting sustainability at the center of everything we do. Enel is a top-five industry leader for clean power capacity in the US, demand response in North America and utility-scale battery storage in Texas.

We are a smart and passionate team working together to build the Enel North America that we want for the long-term – one that is founded on strong financial, social and environmental values. Being on our team means being part of lasting progress to create a thriving and more sustainable world for our climate and communities. It means valuing safety, trust, innovation, proactivity, flexibility and respect in all we do. Our vision is ambitious, and we'll get there together.

Enel Spa

Enel is a multinational power company and a leading integrated player in the global power and renewables markets, present in 27 countries worldwide.

At global level, it is the largest renewable player, the foremost electricity distribution network player by number of grid customers served and the biggest retail operator by customer base

Enel generates electricity with approximately 93 GW of total capacity. Enel Green Power, the Group’s renewables arm, has a total capacity of approximately 68 GW and a generation mix that includes wind, solar, geothermal, and hydroelectric power, as well as energy storage facilities, installed in Europe, the Americas, Africa, Asia, and Oceania.

Enel Grids, the Group’s global business line dedicated to the management of the electricity distribution service worldwide, delivers electricity through a network of 1.9 million kilometers with more than 69 million end users connected to its distribution grids. Enel Commercial is the Group’s arm dedicated to customers around the world with the aim of effectively providing products and services based on their energy needs and encouraging them towards a more conscious and sustainable use of energy. It provides electricity, gas and integrated services to more than 29 million customers globally including households, enterprises, industries and public administrations. In addition, it offers flexibility services aggregating 10.2 GW and has over 34,000 owned public charging points for electric mobility.

Curious about us? Discover more at www.enel.com

This announcement is addressed to all individuals in line with Enel’s commitment to equity and inclusion, with particular attention to promoting gender equality.

#LI-Hybrid