Posting End Date: June 5, 2026

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America. Our people are at the core of our journey to deliver reliable, affordable, and lower‑carbon power solutions. We provide purpose‑driven work in a safe and inclusive environment, and we live by our North Star.

This role reports to the Head of Energy Markets and provides expert analysis and market insight to support Capital Power’s investment, asset management, commercial, and trading decisions. The Senior Specialist is accountable for market price forecasts, asset gross margin projections, and strategic market assessments across assigned North American power markets. The Senior Specialist leads modeling efforts, directs consultant/internal work, and delivers clear, decision‑ready recommendations to senior leadership.

Responsibilities

• Own long‑term fundamental power market forecasts (energy, capacity, ancillary services, and environmental products) for assigned regions.
• Review, develop, and defend key market assumptions including supply, demand, fuel prices, emissions pricing, policy impacts, and cost of new entry (CONE).
• Lead asset‑level gross margin projections, dispatch modeling, and financial proformas to support budgeting, long‑term planning, and project valuations.
• Support business development and expansion initiatives by delivering price forecasts, dispatch analysis, and due diligence assessments for new investments.
• Provide strategic market insights to Commercial and Supply & Trading teams to support origination, hedging, and contracting strategies.
• Manage external consultants, including scope definition, assumption review, quality control, and interpretation of results.
• Prepare and deliver presentations and briefings to cross‑functional teams, senior management and executive teams on market outlooks, risks, and opportunities.
• Monitor regulatory, policy, and market design developments, assess their commercial and financial impacts, and incorporate their implications into price projections.
• Design and implement market dashboards for consumption across the company.

Education and Experience

• Degree in Economics, Engineering, Mathematics, Statistics, or Commerce.
• Master’s degree or professional designation (or progress toward one) is an asset.
• 5+ years of experience in North American power and gas markets.
• Demonstrated experience forecasting wholesale electricity prices and asset revenues.
• Proven ability to translate complex market dynamics into actionable business recommendations.

Technical & Professional Skills

• Advanced quantitative and financial modeling skills (CONE, LCOE, dispatch, gross margin).
• Strong understanding of power market structures and regulatory frameworks.
• Ability to work independently, manage ambiguity, and exercise sound judgment.
• Excellent written and verbal communication skills, including executive‑level presentations.
• Proficiency in Excel, Python, and data analysis tools; exposure to market models is an asset.

Benefits

• Health care benefits.
• Retirement benefits.
• Paid time off.
• Annual bonus.
• Optional relocation assistance may be available depending on posting requirements.

Employment Eligibility

You must be legally eligible to work in the United States.

Legal and Background Checks

The successful candidate for this position will undergo an education verification, reference checks, and a criminal record check.

Relocation Assistance

Depending on the posting requirements, relocation assistance may be available.

Diversity and Inclusion

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.