Energy Market Analyst, Risk Management and Modelling – Intern

Department: R&D Innovation Lab

Start Date: March/April 2024

End Date: August/September 2024

Supervisor: Tbd

Location: Palo Alto, CA, hybrid schedule optionality

Schedule: Part-time (20 hours/week) April-May, Full-time Summer

Compensation: Paid, compensation commensurate with experience

Working at EDF

EDF (Électricité de France) is a global, integrated energy company and the world’s largest electricity producer. With 140 GW of generation capacity across more than 30 countries, EDF generates over 650 TWh of electricity for 38 million customers, and 85% of that electricity has low or no carbon emissions. With 160,000 employees worldwide, EDF is active in the entire value chain of the electric industry, including R&D, project development, generation, trading, transmission, distribution, sales, and energy services In the U.S., EDF’s operations include EDF Renewables North America, EDF Trading North America, EDF R&D, and other business units. EDF R&D consists of 1,800 researchers across nine labs, including three in France, the EDF Innovation Lab in the U.S., and others globally. Their role is to provide R&D, innovation, and business development support to the EDF Group by fostering partnerships with leading research institutions and industries and identifying and developing innovative technologies and solutions.

EDF Innovation Lab (EDF IL) has a dual mission:

Summary of the position:

Energy markets in North America are evolving rapidly with the transition to a net-zero carbon electric grid and climate events imposing greater market risk. The EDF Innovation Lab energy market team develops models, tools, and analyses for EDF Business Units to anticipate market movements and develop robust strategies.

The mission of this initiative is to enable EDF’s business units to make informed strategic decisions toward achieving net-zero carbon portfolios while mitigating market risks.

The position will support the Risk Management and Modeling activity. The energy transition introduces new risks to renewable energy assets, including market price volatility, volume risk, basis risk, and Renewable Energy Credit (REC) market uncertainty. We are seeking an Energy Market & Risk Modeling Intern to support the development of advanced analytical tools for risk quantification, price forecasting, and battery bid optimization. This role offers hands-on experience in electricity market modeling, renewable asset management, and hedging strategies, providing a unique opportunity to work on cutting-edge challenges in the energy sector.

This position provides an opportunity to work with a global leader in renewable energy, collaborate with experts from EDF in the US and in France, and apply analytical skills to real-world energy market challenges.

Duties/Responsibilities

Required Qualifications

How to apply

EDF Inc. is an Equal Opportunity Employer, and all qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.