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 76 power plants in operation and one under construction represents nearly 26,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states, Canada and Mexico. 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.
Job Requirements
- 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
- 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
Vaccination Information: Calpine requires an individual who is newly hired into this position to be vaccinated for COVID-19 within the first 28 days of employment - if not already vaccinated prior to starting employment. If you have any concerns regarding compliance with this requirement, you will need to discuss your concerns with Calpine’s HR department after a decision has been made about whether or not to make you a conditional offer of employment. Calpine does not require applicants to discuss vaccination status prior to receipt of a conditional offer of employment and complies with all applicable laws requiring reasonable accommodation.
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
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)