Bloomberg NEF Energy Economics Associate
New York, NY
Posted Sep 7, 2018 - Requisition No. 70541
You will be based in our New York office as part of the research team for Bloomberg NEF - the world's leading independent provider of analysis, tools, data and research to decision makers leading the future of energy, transport and commodities. Our team of experts, spread across six continents, provides independent analysis and insight, working with the largest corporations across utilities and generation, oil & gas, resource firms, equipment manufacturers, banking and finance, and government. The role will involve gathering and assessing critical information for use in BNEF’s most important models and long-range outlooks.
BNEF Team Ethos:
To succeed at BNEF we need people who can work in an independent manner and show initiative to develop their own viewpoints, yet be collaborative with colleagues. We don’t rely on the status quo, we look for innovative yet pragmatic thinking that turns big ideas into real insights and impact. Working at BNEF sometimes feels chaotic; we need teams that are both dynamic and structured to generate the unique perspectives our clients really value. Our teams are diverse, creative, focused, and fun!
What's the role?:
Specifically, the job will encompass three main tasks:
- Compiling data on energy technology costs in the Americas for use in BNEF’s Levelized Cost of Energy analyses, running an Excel-based model related to these costs, and contributing written comments on trends in this area.
- Assisting BNEF with long-term forecasting of U.S. power market developments by contributing to the New Energy Outlook (NEO), BNEF’s 2050 view on how the energy world will undergo transformation.
- Monitoring and compiling information on short-term project finance activity in clean energy in the U.S., with a particular eye toward understanding so-called tax equity financings.
We’ll trust you to:
The key outputs of this work will include written contributions to BNEF’s semi-annual LCOE reports, its annual NEO study, and research pieces specific to the tax-equity market. The right candidate comes with some prior experience in U.S. power or renewables and should immediately recognize the following acronyms and terms (without the assistance of Google): LCOE, PTC, ITC, RPS, REC, FiTs, spark spreads, and dark spreads, among others. She or he should have an abiding interest in the policies and subsidies that have played a critical role in scaling up clean energy development.
You'll need to have:
- Graduate-level degree in energy economics or relevant fields.
- Outstanding quantitative, collaboration, and communication skills. The role will require running models already built by BNEF.
- Excellent coordination with BNEF’s teams of analysts across the Americas, in London and elsewhere to compare results.
- Ability to serve as a key spokesperson for BNEF on the company’s long-term view on where the U.S. power sector is heading through explanations of its NEO findings.
- Naturally articulate and willing to express views with genuine conviction.
- Outstanding Excel skills are required.
- Strong writer who is every bit as comfortable spending the day in front of Microsoft Word and PowerPoint as a spreadsheet.
We'd love to see:
- Knowledge of Python is an added bonus.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.