Energy Markets Intern (MISO)

Is This You?

This role blends quantitative rigor with energy markets, and it rewards people who like to build. You’ll likely enjoy it if:
• You like turning ambiguous problems into models and tools and owning them end to
  end.
• You want to go deep on markets and risk, not stay at a high level.
• You’re motivated more by building things that last than by one-off analysis.

What You'll Do:

• Build scalable quantitative risk models and automated tooling to price and risk-weight capacity positions across auction-based and bilateral markets.
• Develop Monte Carlo, scenario, and stress-testing analyses that weight the full range of possible market outcomes and quantify upsides and downsides in uncertain scenarios.
• Research the long-term supply and demand drivers of capacity value in the markets we serve, including generation retirements and additions, load growth and data-center demand, virtual power plants, and evolving accreditation methodologies — and translate them into model inputs.
• Value and recommend risk-management strategies, including derivatives (for example, Black-Scholes-based valuation), hedging structures, and the option value of various market positions.
• Replace multi-source manual research with a data model that refreshes on the latest available data automatically.

What We're Looking For:

• Graduate-level candidate. You’re pursuing or have recently completed an MBA or a quantitative master’s degree, or you bring equivalent professional experience in trading, risk, or quantitative market analysis.
• Demonstrably quantitative. Probability and statistics are second nature, and you’re comfortable with probabilistic and statistical modeling, derivatives valuation, and core financial-risk concepts.
• Strong programmer. Proficient in Python, R, or MATLAB, plus SQL, Excel, and modern AI infrastructure and able to build tooling other people can rely on — not just one-off analyses.
• Demonstrated interest in capacity markets specifically. You can point to coursework, projects, work, or self-directed learning that shows real engagement with how power and capacity markets actually work, not just general enthusiasm for energy.
• Bright, gritty, and good. Intellectually curious, comfortable owning open-ended and ambiguous problems, and able to thrive in a remote, fast-paced environment. A track record of success working remotely is strongly preferred.

Bonus Points:

• Hands-on exposure to capacity, resource-adequacy, or ancillary-services markets in any ISO/RTO, demand response, or wholesale power trading.
• Experience turning analysis into durable tools, dashboards, or data pipelines.
• Familiarity with derivatives pricing and hedging in a commodity context.
Please note: the pay for this role ranges from $20-$30/hour for undergraduate students and $30-$40/hour for graduate students.

Please note that at this time, we do not sponsor visas or transfers for new hires. Voltus teammates need to be authorized to work from their home location (in the US or Canada, unless otherwise indicated on the role description).

Additionally, while Voltus is an all-remote workplace, we have limitations on where employees are able to work for regulatory and security reasons. We expect that Voltans are working primarily from their home country. Working while traveling to other countries must be approved as per our Global Remote Travel Policy.

At Voltus, we are proud to be an equal opportunity employer because we recognize that a diverse organization begins with a diverse candidate pool. This means we do not tolerate discrimination of any kind and are committed to providing equal employment opportunities regardless of your gender identity, race, nationality, religion, age, sexual orientation, veteran status, disability status, or marital status.