Principal Analyst, Power Markets in Calgary

The role involves owning one of three North American regional coverage areas: East (PJM, NYISO, ISO-NE), Central (ERCOT, MISO, the Southeast), or West (WECC, SPP, AESO). You will become the recognized expert on the long-term outlook for energy, capacity, and ancillary service prices in that region. Your published views will shape how institutional investors, IPP developers, hyperscalers, and utilities make multi-decade capital decisions.

This is an in-office role based at our Calgary headquarters with regular travel to the US for client meetings and conferences.

A day on the team:

• Independently lead a 45-minute call with a hedge fund PM debating whether to short an IPP based on your view of the next capacity auction.
• Publish a note under your byline on what the latest IRP or market reform filing means for new entrants in your region.
• Update your forecast methodology after a major policy shift and walk the rest of the team through the change.
• Mentor the associate on the regional forecast they own.
• Speak on a panel at an industry conference about your region’s long-term outlook.

How we work:

Every analyst, even at entry-level, owns their projects end-to-end and pulls in senior team members for guidance. This hands-on, problem-by-problem ownership builds the confidence and judgment to add real value to our clients.

Who thrives on this team:

• Your intelligence is broad, not narrow.
• You ask for help early.
• You understand that excellent and on time outperforms perfect and late.
• You’d rather write a tight one-pager than a 40-slide deck.
• You take the work seriously, not yourself.
• You seek to be a direct contributor to infrastructure development.

What you’ll own:

• A region, end-to-end, being the team’s view on supply, demand, market design, and price formation.
• Long-term forecasts, designing and maintaining proprietary long-term forecasts for energy, capacity, and ancillary service prices.
• Generation mix and capacity expansion, directing the development of fundamentals-based models.
• Demand methodology, setting the standard for forecasting electricity demand.
• Thought leadership, publishing research notes and leading webinars.
• Mentorship, helping the associate on the team grow into their region.
• Cross-functional collaboration with product, data science, and engineering.

Must-haves:

• Direct experience with one or more North American ISO/RTO markets.
• Hands-on experience building and operating production-grade capacity expansion or production-cost models.
• A track record of published research and models that shipped.
• Strong written and verbal communication skills.
• Self-motivated; you set your own pace and ask for guidance when needed.
• Willingness to live in Calgary and travel to the US.

Helpful, but not required:

• Python, SQL, or advanced Excel modeling.
• Prior experience at an IPP, utility, ISO/RTO, consultancy, or research/data provider.
• Professional designation (CFA, P.Eng., MBA, MS/PhD).
• Existing relationships in the IPP, utility, or institutional investor community.

What success looks like in your first 12 months:

• You own a region and become the name clients ask for.
• You publish at least one piece of research that gets quoted in trade press.
• You’re on stage at two industry conferences and host a quarterly client roundtable.
• You mentor the associate on the team.
• You partner with product and data science to ship something on the Prism platform.

About Enverus & this team:

Enverus is the leading energy SaaS company delivering highly technical insights and predictive/prescriptive analytics that empower customers to make decisions that increase profit. Our Power & Renewables Intelligence team produces research for institutional investors, hyperscalers, IPP developers, utilities, and corporate strategy teams.