Base Power Company
Quantitative Analyst
Austin, TX · Senior
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About the role
- This is a mid-to-senior role that combines quantitative analysis, software engineering, and energy market expertise.
- Base has a price model for ERCOT that provides the foundation for future improvements.
- Base's Risk & Trading team turns the grid-service capability of our distributed battery fleet into revenue.
Responsibilities
- Build a price model for PJM, so Base can track risk and make hedging decisions there as well as it already does in ERCOT
- Build a hedging strategy for PJM, using the models you build to decide what that strategy should be
- That means building and defending the models that decide which markets and products Base participates in, from real-time arbitrage to multi-year distribution deals.
- You'll work alongside traders, market operations engineers, and policy leads who bring the same rigor to distribution-scale energy that a trading desk brings to wholesale power.
- Give & Get Feedback: Be direct, be humble, and maintain a growth mindset.
- Quant Analysts build and improve the models that drive Base's Trading & Risk platform - the system that spans our distributed fleet of batteries and the households we serve.
- You'll own the price models that tell Base where value exists in wholesale markets like ERCOT and PJM, and the hedging strategy that turns that analysis into a plan for managing Base's risk.
- You'll extend that work to PJM, sharpen how Base captures grid congestion, and use what you build to shape Base's hedging strategy there.
Company info
- Base is America's next-generation power company.
- We're rebuilding the foundation of modern civilization-electricity-by deploying a vast network of distributed batteries that is transforming today's fragile, centralized grid into a resilient and abundant system.
- We are engineers, operators, and creatives solving some of the most complex, interdisciplinary challenges of our time.
- The team's calls carry real weight - a mis-modeled coincident peak or an unvetted market opinion shows up directly in Base's book.
- Please note:
- Base is a startup, which means priorities shift and evolve quickly.
- Your role may expand or change based on the needs of the business at any given time, so the responsibilities listed may not be exhaustive.
- First Principles Thinking:
- Question assumptions.
- Principles > rules.
- Operate at Base Pace:
This listing is sourced directly from Base Power Company's careers page and normalized into a canonical job model.