Power Fundamentals & Structuring Analyst

TC Energy

Power Fundamentals & Structuring Analyst at TC Energy providing deep market insights and supporting structured transactions in North American power markets.

Posted 6/5/2026full-timeCalgary • 🇨🇦 CanadaMid-LevelSeniorWebsite

Tech Stack

Tools & technologies

Python

About the role

Key responsibilities & impact

Develop and maintain medium‑ to long‑term power market fundamental views, including supply, demand, generation mix, transmission constraints, and pricing dynamics focused on ERCOT, PJM, and SPP markets.
Use PLEXOS software to build, enhance, and operate quantitative models (e.g., production cost, dispatch, scenario, and valuation models) to support commercial analysis and structured transactions.
Support the evaluation and structuring of power‑related commercial opportunities, including asset‑backed transactions, long‑term contracts, and structured products.
Partner closely with Business Development, Trading, Origination, Risk, and Finance teams to provide actionable insights that inform deal economics and risk assessment.
Analyze market data, third‑party forecasts, and internal assumptions to identify key drivers, sensitivities, and risks.
Translate complex analytical outputs into clear, decision‑ready insights for commercial stakeholders.
Contribute to the continuous improvement of analytical tools, data quality, and modeling frameworks.
Support ad‑hoc commercial analysis and strategic initiatives as required.

Requirements

What you’ll need

Bachelor’s degree in Engineering, Economics, Finance, Mathematics, or a related quantitative discipline.
Minimum of 3 years of experience performing fundamental analysis in one of the three targeted markets: PJM, SPP, ERCOT.
Understanding of wholesale electricity markets, market design, and power system fundamentals.
Experience modelling and analyzing congestion.
Demonstrated experience with quantitative modeling and data analysis, including tools such as Python, Power BI, Excel, and/or commercial power market software.
Understanding of structured transactions or asset‑based commercial opportunities in power and/or energy markets.
Ability to synthesize complex data into concise, commercially relevant insights.
Strong collaboration and communication skills, with experience working across multidisciplinary commercial teams.

Benefits

Comp & perks

Health insurance
Flexible work arrangements
Professional development opportunities
Bonuses
Equipment allowances

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

quantitative modelingdata analysisfundamental analysismarket analysiscongestion modelingpricing dynamicssupply and demand analysisgeneration mix analysisrisk assessmentcommercial analysis

Soft Skills

collaborationcommunicationsynthesis of complex dataactionable insightsdecision-makingproblem-solvingstrategic thinkinginterpersonal skillsteamworkadaptability