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Energy Risk Analyst Jobs in California (NOW HIRING)

... of Energy, and external review committees. The work shall be performed in accordance with ... Responsibilities shall include: • Develop and maintain integrated cost and schedule risk-analysis ...

... of Energy, and external review committees. The work shall be performed in accordance with ... Perform Monte Carlo simulation, sensitivity analysis, scenario analysis, estimateuncertainty ...

Energy Analyst, Data Center Portfolio Responsibilities: * Analyze electric tariffs and wholesale ... Support the risk program to identify and quantify portfolio-wide wholesale market exposure * Create ...

Risk Specialist

Sacramento, CA · On-site

$75K - $105K/yr

Develop and maintain risk reporting tools for cost and schedule risk analysis * Manage the client ... energy. Collaborating closely with our clients, we have successfully delivered complex and high ...

Risk Specialist

Sacramento, CA · On-site

$75K - $105K/yr

Develop and maintain risk reporting tools for cost and schedule risk analysis * Manage the client ... energy. Collaborating closely with our clients, we have successfully delivered complex and high ...

Showing results 41-60

Energy Risk Analyst information

See California salary details

$15

$39

$65

How much do energy risk analyst jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for energy risk analyst in California is $39.96, according to ZipRecruiter salary data. Most workers in this role earn between $29.42 and $48.65 per hour, depending on experience, location, and employer.

What does an energy risk analyst do?

An Energy Risk Analyst identifies, evaluates, and manages risks associated with the buying, selling, and trading of energy commodities such as oil, gas, and electricity. They analyze market trends, assess financial risk exposures, and develop strategies to minimize losses due to price fluctuations or regulatory changes. Their work helps energy companies make informed decisions and ensure stable operations in volatile markets. Energy Risk Analysts often use quantitative models, risk management tools, and collaborate closely with traders and management teams.

What are some common challenges faced by energy risk analysts in their day-to-day work?

Energy Risk Analysts often encounter challenges such as rapidly changing market conditions, regulatory shifts, and the complexity of modeling price volatility for commodities like oil, gas, and electricity. They must stay current with global events that impact energy markets and be adept at analyzing large data sets to assess potential risks. Additionally, collaboration with traders, portfolio managers, and compliance teams is essential to ensure effective risk mitigation strategies, making strong communication skills and adaptability crucial in this dynamic environment.

What are the key skills and qualifications needed to thrive as an energy risk analyst, and why are they important?

An Energy Risk Analyst requires strong analytical skills, a background in finance or economics, and familiarity with energy markets, often supported by a relevant degree. Proficiency in risk management software, financial modeling tools like Excel, and sometimes certifications such as FRM or CFA is common. Exceptional attention to detail, problem-solving abilities, and effective communication set top performers apart. These skills are vital for accurately assessing market risks, making informed recommendations, and supporting strategic decision-making in the complex energy sector.

What is the difference between Energy Risk Analyst vs Energy Trader?

AspectEnergy Risk AnalystEnergy Trader
CredentialsBachelor's degree in finance, economics, or energy; certifications like FRM or CFA beneficialBachelor's degree in finance, economics, or energy; certifications like CFA advantageous
Work EnvironmentAnalytical, risk management teams, corporate officesFast-paced trading floors, financial institutions, energy companies
Industry UsageUsed across energy companies, utilities, and financial firms for risk assessmentPrimarily in trading firms, energy companies, and hedge funds for buying and selling energy commodities

While both roles involve understanding energy markets, the Energy Risk Analyst focuses on assessing and managing risks associated with energy investments, whereas the Energy Trader actively buys and sells energy commodities to maximize profits. The roles often overlap in skills and industry settings but differ in daily responsibilities and objectives.

What are popular job titles related to Energy Risk Analyst jobs in California?

For Energy Risk Analyst jobs in California, the most frequently searched job titles are:

Infographic showing various Energy Risk Analyst job openings in California as of August 2026, with employment types broken down into 1% As Needed, 91% Full Time, 6% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $83,107 per year, or $40 per hour.

Energy Policy Analyst

The Utility Reform Network

Oakland, CA • On-site

Full-time

Posted 25 days ago


Job description

Job Summary:

TURN seeks a policy analyst to join TURN’s Energy Team of high-impact regulatory policy

advocates. A strong applicant communicates effectively (written and oral) with all levels

throughout the organization and the public, is committed to economic and racial justice, is a

proactive and creative problem solver, has a technical background in energy and economics/

finance/ engineering, including strong quantitative skills, and is committed to holding energy

providers accountable, advancing clean energy, and promoting safe utility service at affordable

rates.

Supervisory Responsibilities:

None

Duties/Responsibilities:

The Energy and Climate Policy Analyst will be required to:

Review utility testimony and workpapers in California Public Utilities Commission (CPUC)

cases and draft information requests to utilities.

Prepare written testimony on behalf of TURN in CPUC cases and defend the testimony in

response to cross-examination at CPUC evidentiary hearings.

Represent TURN at CPUC workshops.

Help develop other TURN filings at the CPUC, such as comments and briefs, in

conjunction with TURN’s attorneys.

Analyze and recommend TURN’s position on relevant legislative proposals.

Work with other TURN staff members to develop positions on emerging issues in energy

policy and ratemaking, and the advocacy of those positions before the CPUC, the state

legislature, media outlets, and in other forums.

In conducting this work, the Energy and Climate Policy analyst may:

Analyze utility cost forecasts for utility operations and capital investments.

Evaluate utility marginal cost analyses for purposes of allocating costs between

customer classes.

Perform bill impact analyses of alternative rate designs.

 

Develop policies and methods for evaluating the costs and benefits of distributed energy

resource investments.

Perform avoided cost analyses and cost-effectiveness analyses of alternative utility

programs.

Analyze utility risk assessment and risk mitigation models for purposes of

recommending cost-effective programs to promote safe utility operation.

Analyze the reasonableness of past utility spending related to wildfire mitigation, gas

safety, energization, and other projects for cost recovery from ratepayers.

Evaluate the role of the regulated utility in competitive markets such as solar energy and

electric vehicles.

Evaluate consumer impacts of wholesale energy market designs.

Required Skills/Abilities:

Excellent Communicator: Communicates effectively (written and oral) with all levels

throughout the organization and the public.

Socially Aware: Commitment to economic and racial justice.

Technical Familiarity with one or more of the following: (1) cost-benefit and present

value financial analysis, (2) regression analysis and predictive modeling, (3) econometric,

production cost or other types of simulation modeling, (4) economic analysis of utility

investments, (5) regulatory accounting practices, (6) Tax law, (7) marginal cost

methodologies, (8) risk assessment methodologies and statistical modeling. Candidate

must have strong command of using Excel-based models.

Active Teamwork: Demonstrates problem solving, conflict resolution, and positive

communication through teamwork and through working independently.

Preferred Skills/Abilities:

Advanced Excel/VBA Analysis: Proficiency in complex Excel modeling with VBA

automation capabilities.

Programming Languages: Familiarity with Python, R, or similar language(s) for data

analysis and modeling.

Experience with any of the following: utility financial models, demand forecasting,

energy utility operations/engineering, equity/affordability metrics.

Reporting and Supervision:

Reports to the Managing Attorney and Assistant Managing Attorney

Education and Experience:

Education: Graduate degree in economics, energy resources, public policy, engineering,

or related field.
 

Experience: Demonstrated understanding of the regulated natural gas and electric

industry.

Physical Requirements:

Prolonged periods of sitting at a desk and working on a computer.

Must be able to lift 15 pounds at times.

This is a full-time exempt position that may require occasional after-business hours

work to meet legislative or regulatory deadlines.

Occasional requirements to travel to appear at the CPUC for evidentiary hearings,

technical workshops, or other meetings, or to attend TURN staff in-person events.

Salary Range for Position:

$80,000 - $130,000 depending on experience

Why Join TURN

Influence fast-moving energy and climate change issues in a cutting-edge state

Work with a mission-driven, high-impact advocacy team

Competitive pay and excellent benefits

Hybrid/California remote flexibility

How to Apply: Send your resume, cover letter, and writing sample to hr@turn.org or

chouston@turn.org

Subject line: Energy and Climate Policy Analyst – [Your Name]

Applications will be reviewed on a rolling basis until the position is filled.

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