Renewables Analyst II

Job Requisition ID: 46538
Closing Date: 04/29/2025
​Agency: Illinois Power Agency
Salary: $85,000 - $95,000
Job Type: Salaried
Category: Full Time 
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Number of Vacancies: 1

****A COVER LETTER AND RESUME IS REQUIRED FOR THIS JOB POSTING****

Please attach a Cover Letter that describes your interest in and qualifications for the position, a DETAILED Resume/Curriculum Vitae (CV), three professional references, a copy of your transcripts or diploma for all degrees earned, and a copy of any applicable professional licensures to the MY DOCUMENTS section of your application. Please note that the Illinois Power Agency must verify proof of higher education for any degree earned (if applicable) before any offer can be extended. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document in lieu of a Resume or CV.

Why Work for Illinois?

Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you’re helping to improve schools, protect our natural resources, or support families in need, you’re part of something bigger—something that touches the lives of every person who calls Illinois home.

No matter what state career you’re looking for, we offer jobs that fit your life and your schedule—flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.

Please note: The State of Illinois does not provide sponsorship for employment visa status (e.g. H-1B visa status). To be considered for permanent employment with the State of Illinois, applicants must be currently authorized to work in the United States on a full-time basis.

​Work Hours: M-F: 9AM to 5PM
Work Location: 180 N Wabash Ave, Suite 500, Chicago, IL 60601
Email: ipa.hr@illinois.gov
Posting Group: Environmental & Natural Resources; Fiscal, Finance & Procurement; Science, Technology, Engineering & Mathematics

Illinois Power Agency

Renewables Analyst II

The Illinois Power Agency (IPA) is an independent state agency responsible for two foundational efforts – the administration of procurements and programs to support the advancement of the state’s Renewable Portfolio Standard (RPS) and the planning and procurement of electric supply for those utility customers who have chosen not to select an alternative electric supplier.  

The Agency is seeking an experienced renewables analyst to support the Agency’s work managing and analyzing renewable energy markets and supporting the renewable energy procurement activities. As a member of the IPA’s Planning and Procurement team and reporting to the Head of Renewable Energy Procurement, the Renewables Analyst II will focus on an array of clean energy/renewable energy market and procurement initiatives.  The candidate should be comfortable working with internal and external stakeholders to gain an in-depth understanding of market mechanics and activities, stakeholder positions, and of the IPA’s processes and objectives. The candidate will be an active member of a dynamic and highly talented team that is focused on making a significant impact on the effectiveness of the IPA’s operations that lead to the development of new renewable energy resources and the provision of default service rate options. The candidate will be expected to work both independently on certain tasks as well as collaboratively with the internal team and external consultants.

The Illinois Power Agency is an independent State Agency created in 2007 to develop annual electricity procurement plans and renewable resources procurement plans and to conduct procurement events to ensure adequate, reliable, affordable, efficient, and environmentally sustainable electric service for the default supply customers of Illinois electric utilities. The Agency also conducts procurements and administers programs that promote the development of renewable energy resources. For more information about the Illinois Power Agency, please refer to: https://ipa.illinois.gov/

Duties and Responsibilities

• Understand wholesale energy, capacity, ancillary and other associated markets;
• Track and model Renewable Portfolio Standard (RPS) procurement progress and associated revenues and expenditures;
• Support the development of the Agency’s renewable energy procurement plans, including analyzing and recommending improvements to the current processes;
• Assess the drivers and outcomes of the Agency’s utility-scale renewable energy procurement events;
• Conduct renewable energy market research and draft associated memos and whitepapers communicating the results of the research and potential impacts or opportunities identified;
• Assess the quality of data analysis and information used for procurement planning and renewable energy program implementation;
• Assist with advanced financial modeling of REC incentives for non-utility scale renewables as well as drivers for utility-scale renewables;
• Coordinate with other government agencies and external consultants for different projects/tasks;
• Support the preparation of various reports, filings, and notices; and,
• Completing various ad hoc data and program information requests from external stakeholders
• Perform and support other program-related tasks as required or assigned.

Skills and Qualifications

• Bachelor’s degree in finance, economics, mathematics, business management or administration, engineering, environmental science/policy/studies, sustainability, or other relevant degree.
• Minimum two years of work experience in the electric power supply sector, renewable energy sector, environmental or sustainability, finance or trading, or similar field.
• Basic understanding of energy markets, capacity planning, and/or renewable resource grid integration.
• Experience collecting, organizing, analyzing, and disseminating data and analytical results with accuracy and completeness.
• Proven critical thinking skills.
• Excellent proficiency using Excel.
• Exceptional verbal, written, and visual communication skills.

Additional Preferred Qualifications

• Experience in renewable energy and/or energy storage analysis, project development or finance.
• Advanced certifications and/or graduate-level degree including a master’s or doctoral Degree in the aforementioned specialties, or other associated degree or certification.
• Experience managing projects and/or procurements/Request for Proposals (RFPs).
• Knowledge of power purchase agreements (PPAs), tolling agreements, and/or renewable energy certificates (RECs).
• Strong analytical capabilities, including managing large datasets, completing forecast analysis, and statistics.
• Proficiency with data and/or energy modeling and analytical software applications.
• Proven experience being able to present research and analysis findings as a clear, comprehensive, and synthesized work product to leadership-level and external stakeholders.
• Ability to work independently and collaboratively in an evolving professional environment.

The Renewable Analyst II is prohibited from: (i) owning, directly or indirectly, 5% or more of the voting capital stock of an electric utility, independent power producer, power marketer, or alternative retail electric supplier; (ii) being in any chain of successive ownership of 5% or more of the voting capital stock of any electric utility, independent power producer, power marketer, or alternative retail electric supplier; (iii) receiving any form of compensation, fee, payment, or other consideration from an electric utility, independent power producer, power marketer, or alternative retail electric supplier, including legal fees, consulting fees, bonuses, or other sums. These limitations do not apply to any compensation received pursuant to a defined benefit plan or other form of deferred compensation, provided that the individual has otherwise severed all ties to the utility, power producer, power marketer, or alternative retail electric supplier.

This is a merit compensation position. Position Salary Range: $85,000 – $95,000. Salary is commensurate with qualifications and experience. Position is a hybrid position and may require in-office work on a periodic basis.

To apply, please submit a cover letter that describes your interest in and qualifications for the position, resume, and three professional references along with your online application.

Applications without a cover letter describing the applicant’s relevant experience and why the applicant would be a strong candidate for this position will not be reviewed for consideration.

No phone calls please.

The Illinois Power Agency is an Equal Opportunity/Affirmative Action employer.

The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:

• donotreply@SIL-P1.ns2cloud.com
• systems@SIL-P1.ns2cloud.com