Senior Associate, BESS Modeling & Structuring

Clearway Energy seeks a Senior Associate for BESS Modeling and Structuring in San Francisco to develop quantitative models that drive battery energy storage valuation, structured products pricing, gas generation optimization, and power market analysis. You will build and enhance Clearway's internal quantitative modeling platform (CWENQuant), create advanced BESS dispatch optimization models, and directly influence major commercial decisions across trading, origination, development, and asset management. This hybrid role operates from the San Francisco office on Tuesdays and Thursdays for collaboration.

Responsibilities

• Develop and deploy production-grade optimization models and quantitative analyses for BESS dispatch optimization, renewable generation, gas generation, and data center infrastructure projects across the US
• Build stochastic, machine learning, or deep learning models to forecast day-ahead, ancillary, and real-time power prices using fundamental variables such as load, gas prices, and wind and solar generation to inform trading strategies
• Develop and maintain gas dispatch, HRCO, toll, and structured pricing models; perform mark-to-market analysis; support due diligence, underwriting, and credit analytics
• Benchmark models against actual operations and market outcomes to refine forecast accuracy and optimization performance
• Construct data pipelines with internal and external sources; create automated workflows for analysis; build market data dashboards using data science and optimization techniques
• Analyze trading forwards against actual and historical power prices and fundamental forecasts to shape trading strategy views, risk practices, and origination deal pricing
• Deliver analytical insights from modeling results to support risk management, budget planning, trading activities, and market advocacy
• Monitor evolving macro and micro-level market conditions and assess their impact on energy markets

Requirements

• Bachelor's degree in Computer Science, Engineering, or related field
• 3+ years of quantitative or modeling experience, ideally within energy sector (trading firms, banks, utilities, IPPs, ISOs, or BESS companies)
• Proficiency in Python; working knowledge of R, SQL, or equivalent languages
• Hands-on experience developing machine learning and deep learning models using scikit-learn, Keras, or TensorFlow
• Working experience with linear and mixed-integer programming tools such as PuLP, Gurobi, or CPLEX
• Demonstrated ability to develop stochastic models from scratch
• Knowledge of BESS, renewable, conventional gas asset, HRCO, and toll modeling (strongly preferred)
• Strong understanding of power market economics, wholesale market structure, and asset operations in ISO markets (CAISO, ERCOT, etc.)
• Proven track record building high-quality, robust, and scalable optimization models and stochastic or machine learning forecasting frameworks for price, load, or renewable generation forecasting
• US work authorization; Clearway will not sponsor non-immigrant visas (H-1B, TN, E-3, etc.) for this position

Benefits

• Annual salary: $137,000–$177,000 USD (based on geographic location, skills, experience, education, training, certifications, and other factors permitted by law); eligible for annual cash bonus tied to personal and company performance
• Generous paid time off
• Medical, dental, and vision coverage
• Health Savings Account with company contributions
• Health and dependent daycare Flexible Spending Accounts
• Commuter benefits and relocation assistance
• 401(k) plan with employer match
• Life and accident insurance coverage
• Fertility programs and adoption assistance
• Generous parental leave
• Tuition reimbursement
• Benefits for employees in same-sex marriages, civil unions, and domestic partnerships