Massachusetts Municipal Wholesale Electric Company (MMWEC) · 2 months ago
Lead Commodities Analyst
Ludlow, MA
Full-time
Onsite
Mid, Senior Level
$90K/yr - $100K/yr
3+ years expThe Massachusetts Municipal Wholesale Electric Company (MMWEC) is a leader in the energy industry, dedicated to supporting Massachusetts municipal utilities with innovative, sustainable, and reliable energy solutions. They are seeking a Lead Commodities Analyst to influence market strategy, optimize resources, and drive decisions that support the long-term resilience of municipal utilities across Massachusetts.
Electrical DistributionEnergyEnergy ManagementGovernmentNon Profit
Responsibilities
Build, evolve, and broaden MMWEC’s short- and mid-term power supply programs
Present physical and financial supply strategies and hedging options to Member Systems
Define Member risk tolerance and structure transactions that promote stability and flexibility
Apply energy derivative pricing knowledge to optimize optionality and resource positioning
Conduct structured analysis of Member resource mixes, identifying risks and diversification opportunities
Monitor fuel inputs, forward markets, and utilization trends to reduce or stabilize power costs
Implement strategies that reduce exposure, optimize resources, and meet budget targets
Provide regular portfolio reviews and establish hedge/exposure targets within risk parameters
Develop and execute strategies to maximize the economic and operational value of Member and MMWEC assets across ISO-NE markets (capacity, reserves, regulation, and more)
Report gross margins and asset economics with accuracy and insight
Serve as backup bidder for Stony Brook and MMWEC assets in Day-Ahead and Real-Time markets
Oversee Peak Alert and Remote Dispatch operations and communicate economic outcomes to Members
Manage REC trading, procurement, and retirement in alignment with Member strategies
Prepare and analyze Power Portfolio Cost Reports, Power Cost Forecasts, and Asset Performance Reports
Communicate performance results to Member Systems and internal stakeholders
Ensure the accuracy, completeness, and quality of all distributed data
Perform Daily Peak Demand Forecasting and Remote Dispatch duties
Participate in daily rotational responsibilities including bidding, peak alert forecasting, and EV charging scheduling
Support special projects and emerging initiatives as assigned
Qualification
Required
Bachelor's Degree in math, science, engineering, economics, or a related technical discipline
3–7 years of relevant experience in energy markets, commodities, analytics, or similar fields
Advanced proficiency in Microsoft Excel required
Strong analytical and problem-solving skills with the ability to interpret conflicting data
Excellent communication skills and the ability to translate complex concepts to diverse audiences
Strong interpersonal skills and the ability to manage deadlines and Member expectations effectively
Integrity, reliability, and a detail-oriented mindset
Preferred
SQL or other database experience preferred
Benefits
Robust medical and dental benefits with low employee cost
A savings retirement plan with a 6% company contribution and up to an additional 3% company match
Earned vacation time
Sick time
11 paid holidays
Company
Massachusetts Municipal Wholesale Electric Company (MMWEC)
The Massachusetts Municipal Wholesale Electric Company (MMWEC) brings a competitive edge to Massachusetts municipal utilities dedicated to providing their customers with low-cost and reliable electricity.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$0.8MKey Investors
Massachusetts Clean Energy Center
2017-12-07Grant· $0.8M
Leadership Team
Jennafer Rowbotham, SHRM-CP
Employee Experience Partner
Recent News
2026-01-20
2025-08-01
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