Sr. Energy Market Analyst
Tesla Motors, Inc., Palo Alto, CA, United States
What to Expect
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, 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.
What You'll Do
Develop and maintain Tesla's long‑term view of market fundamentals and prices in wholesale electricity markets
Develop long‑term revenue forecasts using a combination of internal modeling tools, vendor forecasts, and expert judgments
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 and offer design
What You'll Bring
Expertise in at least one of the following: ERCOT, CAISO, SPP markets
3+ years of direct experience in at least one of the following: utility‑scale battery investment diligence, long‑term price forecasting, electricity markets quantitative analysis
Proficiency in Python and SQL to manipulate, analyze, and visualize complex data sets to extract insights and trends
Experience with running production cost models, long‑term capacity expansion, zonal and nodal models
Track record of impacting investment or trading decisions through your own market analysis and insights
Experience on a power trading desk or other exposure to realtime operations
Modeling of energy storage market applications via simulated market dispatch
Experience with power flow modeling, node/hub basis risk assessment is a plus
Compensation and Benefits Benefits Along with competitive pay, as a full‑time Tesla employee, you are eligible for the following benefits at day 1 of hire:
Medical plans > plan options with $0 payroll deduction
Family‑building, fertility, adoption and surrogacy benefits
Dental (including orthodontic coverage) and vision plans, both have options with a $0 paycheck contribution
Company Paid (Health Savings Accounts) HSA Contribution when enrolled in the High‑Deductible medical plan with HSA
Healthcare and Dependent Care Flexible Spending Accounts (FSA)
401(k) with employer match, Employee Stock Purchase Plans, and other financial benefits
Company paid Basic Life, AD&D
Short‑term and long‑term disability insurance (90 day waiting period)
Employee Assistance Program
Sick and Vacation time (Flex time for salary positions, Accrued hours for Hourly positions), and Paid Holidays
Back‑up childcare and parenting support resources
Voluntary benefits to include: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance
Weight Loss and Tobacco Cessation Programs
Tesla Babies program
Commuter benefits
Employee discounts and perks program
Expected Compensation $128,000 - $264,000/annual salary + cash and stock awards + benefits Pay offered may vary depending on multiple individualized factors, including market location, job‑related knowledge, skills, and experience. The total compensation package for this position may also include other elements dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
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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, 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.
What You'll Do
Develop and maintain Tesla's long‑term view of market fundamentals and prices in wholesale electricity markets
Develop long‑term revenue forecasts using a combination of internal modeling tools, vendor forecasts, and expert judgments
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 and offer design
What You'll Bring
Expertise in at least one of the following: ERCOT, CAISO, SPP markets
3+ years of direct experience in at least one of the following: utility‑scale battery investment diligence, long‑term price forecasting, electricity markets quantitative analysis
Proficiency in Python and SQL to manipulate, analyze, and visualize complex data sets to extract insights and trends
Experience with running production cost models, long‑term capacity expansion, zonal and nodal models
Track record of impacting investment or trading decisions through your own market analysis and insights
Experience on a power trading desk or other exposure to realtime operations
Modeling of energy storage market applications via simulated market dispatch
Experience with power flow modeling, node/hub basis risk assessment is a plus
Compensation and Benefits Benefits Along with competitive pay, as a full‑time Tesla employee, you are eligible for the following benefits at day 1 of hire:
Medical plans > plan options with $0 payroll deduction
Family‑building, fertility, adoption and surrogacy benefits
Dental (including orthodontic coverage) and vision plans, both have options with a $0 paycheck contribution
Company Paid (Health Savings Accounts) HSA Contribution when enrolled in the High‑Deductible medical plan with HSA
Healthcare and Dependent Care Flexible Spending Accounts (FSA)
401(k) with employer match, Employee Stock Purchase Plans, and other financial benefits
Company paid Basic Life, AD&D
Short‑term and long‑term disability insurance (90 day waiting period)
Employee Assistance Program
Sick and Vacation time (Flex time for salary positions, Accrued hours for Hourly positions), and Paid Holidays
Back‑up childcare and parenting support resources
Voluntary benefits to include: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance
Weight Loss and Tobacco Cessation Programs
Tesla Babies program
Commuter benefits
Employee discounts and perks program
Expected Compensation $128,000 - $264,000/annual salary + cash and stock awards + benefits Pay offered may vary depending on multiple individualized factors, including market location, job‑related knowledge, skills, and experience. The total compensation package for this position may also include other elements dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
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