Internship - Commercial Analytics
Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.
The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.
Job Summary (includes but is not limited to the following, other duties may be assigned)
Perform analysis of business decisions and strategic issues, including issues related to electricity and natural gas markets, transmission analysis, load forecasting, plant operations and dispatch, asset and contract commodity margins.
Job Responsibilities
Support the continued development of:
- Calpine’s corporate views on the commodity markets and the inherent fundamental risk factors
- Models and tools used for power price forecasting, deal valuation & hedging, fundamental forecasting, and commodity margin forecasting.
- Managing data integrity for Calpine’s Commercial Analytics group.
- Calpine’s modeling infrastructure including asset and contract models as well as repositories of fundamental market data
- Exact summer projects will be determined at the time of the commencement of the internship.
- Commercial Analytics internship program is a key source of talent for the full time Commercial Rotation Analyst programs at Calpine. Successful candidates will be considered for the full time program if interested.
Job Requirements
Knowledge base should cover a subset of the following topics:
- Candidate should be working on a Bachelor’s or Master’s degree at an accredited college or university in a quantitative or analytical field, such as business, mathematics, statistics, economics, finance, accounting, engineering, or physics.
- Must have at least two years of undergraduate coursework completed by the start of the internship. Graduate students also encouraged to apply.
- Minimum GPA 3.2
- Legally eligible to work in the United States now and in future for any company
- Demonstrated aptitude applying analytical tools such as Microsoft Excel
- Experience with programming tools such as R, VBA, Python, or similar preferred
- Able to work autonomously and under the pressure of multiple deadlines
- Knowledge of the energy industry, specifically the independent power or utility sector, is a plus.
- Strong verbal and written communication skills are a must.
- Team player who enjoys diving into issues, brainstorming solutions, and learning new methods and tools to address problems
- High degree of enthusiasm and drive
- Must be flexible and able to work harmoniously with others
- Good problem solving and analytical ability
- Good organization skills and attention to details are essential
Additional Calpine Information
- Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
- Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.
Please view Equal Employment Opportunity Posters provided by OFCCP here