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Energy Markets Consultant / Senior Consultant
U.S. Remote (Reston, VA preferred)
About ICF
ICF helps clients navigate the rapidly evolving energy landscape through market analysis, forecasting, transaction support, strategic advisory services, and regulatory expertise. Our clients include power plant developers, utilities, infrastructure investors, lenders, private equity firms, technology companies, government agencies, and other stakeholders shaping the future of the energy industry.
ICF's Power Markets team supports investment decisions, asset development, mergers and acquisitions, resource planning, and policy evaluation across all major U.S. power markets, including ERCOT, PJM, NYISO, ISO-NE, MISO, SPP, CAISO, WECC, and SERC.
About the Role
ICF is seeking an Energy Markets Consultant / Senior Consultant to join our growing Power Markets practice. In this role, you will work with leading energy industry participants to evaluate investment opportunities, forecast market outcomes, assess risks, and develop strategies in an increasingly complex energy environment.
You will contribute to projects involving power market forecasting, asset valuation, transmission and interconnection analysis, renewable energy development, battery energy storage systems (BESS), resource adequacy, data center load growth, and energy transition initiatives.
Working alongside experienced industry professionals, you will gain exposure to a broad range of technical, financial, and strategic issues affecting U.S. electricity markets while developing expertise that directly influences major investment and business decisions.
What You Will Be Doing

• Perform quantitative, economic, and technical analyses of U.S. power markets using commercial market models, proprietary tools, and large datasets.
• Develop long-term forecasts of energy, capacity, ancillary service, and renewable energy market outcomes.
• Evaluate renewable energy, battery storage, conventional generation, transmission, and emerging energy investments.
• Analyze market fundamentals including load growth, fuel prices, transmission congestion, generation retirements, policy changes, and new resource additions.
• Support interconnection and transmission analyses, including assessments of queue activity, network upgrade costs, congestion impacts, and project economics.
• Assist with asset valuations, project financing analyses, acquisition due diligence, and M&A support engagements.
• Collaborate with colleagues to enhance ICF's proprietary forecasting methodologies, databases, and analytical tools.
• Prepare client presentations, technical reports, and market insights that effectively communicate complex findings to diverse audiences.
• Support business development initiatives through market research, proposal preparation, conference participation, and thought leadership.

Minimum Qualifications
Consultant

• Bachelor's degree or Master's degree in Engineering, Economics, Finance, Operations Research, Mathematics, Energy Systems, Statistics, or a related quantitative field
  
  • Bachelor's degree AND 2 to 4+ years of experience in energy markets, power systems, energy economics, market analysis, consulting, trading, utility planning, or a related field
  • Master's degree AND 1 to 3+ years of experience in energy markets, power systems, energy economics, market analysis, consulting, trading, utility planning, or a related field
• Analytical and problem-solving skill experience
• Experience using Excel and quantitative analysis tools
• Experience with Python, R, SQL, or similar programming languages

Senior Consultant

• Bachelor's degree or Master's degree in Engineering, Economics, Finance, Operations Research, Mathematics, Energy Systems, Statistics, or a related quantitative field
  
  • Bachelor's degree AND 5 to 8+ years of experience in energy markets, power systems, energy economics, market analysis, consulting, trading, utility planning, or a related field
  • Master's degree AND 4 to 7+ years of experience in energy markets, power systems, energy economics, market analysis, consulting, trading, utility planning, or a related field
• Analytical and problem-solving skill experience
• Experience using Excel and quantitative analysis tools
• Experience with Python, R, SQL, or similar programming languages

Preferred Qualifications

• Experience with power market simulation and forecasting tools such as PROMOD®, PLEXOS®, Aurora®, PSLF®, or similar platforms
• Understanding of U.S. wholesale power markets, market design, transmission systems, resource adequacy, and generation economics
• Experience supporting renewable energy, battery storage, transmission, utility, or infrastructure investment projects
• Knowledge of asset valuation, project finance, M&A due diligence, or investment analysis
• Experience using Python, R, SQL, Power BI, or other advanced analytical tools
• Experience leveraging artificial intelligence (AI), machine learning, generative AI, and AI-enabled productivity tools (e.g., Microsoft Copilot) to improve market analysis, research, forecasting, data processing, automation, and client deliverables
• Interest in emerging topics including energy transition, data center load growth, electrification, battery storage, transmission expansion, and grid modernization

Professional Skills

• Strong organizational and project management skills
• Strong written and verbal communication skills
• Ability to manage multiple priorities in a fast-paced consulting environment
• Ability to communicate complex technical concepts to both technical and non-technical audiences
• Intellectual curiosity and desire to continuously learn about energy markets and emerging technologies
• Ability to work effectively both independently and within multidisciplinary teams
• Strong attention to detail, initiative, and commitment to client service

Working at ICF
ICF is a global advisory and technology services provider, but we're not your typical consultants. We combine unmatched expertise with cutting-edge technology to help clients solve their most complex challenges, navigate change, and shape the future.
We can only solve the world's toughest challenges by building a workplace that allows everyone to thrive. We are an equal opportunity employer. Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals. For more information, please read our EEO policy.
We will consider for employment qualified applicants with arrest and conviction records.
Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation, please email Candidateaccommodation@icf.com and we will be happy to assist. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
Read more about workplace discrimination rights or our benefit offerings which are included in the Transparency in (Benefits) Coverage Act.
Candidate AI Usage Policy
At ICF, we are committed to ensuring a fair interview process for all candidates based on their own skills and knowledge. As part of this commitment, the use of artificial intelligence (AI) tools to generate or assist with responses during interviews (whether in-person or virtual) is not permitted. This policy is in place to maintain the integrity and authenticity of the interview process.
However, we understand that some candidates may require accommodation that involves the use of AI. If such an accommodation is needed, candidates are instructed to contact us in advance at candidateaccommodation@icf.com. We are dedicated to providing the necessary support to ensure that all candidates have an equal opportunity to succeed.
Pay Range - There are multiple factors that are considered in determining final pay for a position, including, but not limited to, relevant work experience, skills, certifications and competencies that align to the specified role, geographic location, education and certifications as well as contract provisions regarding labor categories that are specific to the position.
The pay range for this position based on full-time employment is:
$74,090.00 - $125,954.00
Nationwide Remote Office (US99)